GLARUNTECH(SH:600562)2022-04-27 16:00Revenue and Profitability - Operating revenue for Q1 2022 was ¥587,713,883.46, a decrease of 29.51% compared to the same period last year[2] - Net profit attributable to shareholders was ¥86,204,031.71, an increase of 14.88% year-on-year[2] - Basic earnings per share for the period was ¥0.07, reflecting a growth of 16.67%[2] - The company experienced a decline in revenue primarily due to fewer projects in the rail signal business and reduced deliveries of defense radar products[5] - Total revenue for Q1 2022 was ¥587,713,883.46, a decrease of 29.5% compared to ¥833,812,570.43 in Q1 2021[11] - The company reported a net profit attributable to shareholders of ¥1,598,186,094.36, an increase of 5.7% from ¥1,511,982,062.65 in Q1 2021[11] - The net profit for Q1 2022 was CNY 86,226,285.28, an increase from CNY 74,821,341.18 in Q1 2021, representing a growth of approximately 15.5%[13] - The total comprehensive income for Q1 2022 was CNY 86,226,285.28, an increase from CNY 74,821,341.18 in Q1 2021, representing a growth of about 15.5%[14] - Operating profit for Q1 2022 was CNY 97,744,235.68, slightly up from CNY 96,260,974.46 in Q1 2021, showing a marginal increase of 1.5%[13] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥7,359,140,135.05, representing a 2.02% increase from the end of the previous year[3] - Current assets totaled ¥6,233,103,126.68 as of March 31, 2022, an increase of 2.6% from ¥6,073,862,838.96 at the end of 2021[9] - Total liabilities amounted to ¥2,544,790,157.76, an increase of 2.2% from ¥2,490,693,104.06 in the previous quarter[11] - Non-current assets totaled ¥1,126,037,008.37, a slight decrease from ¥1,139,407,959.00 at the end of 2021[10] - The company's total assets amounted to 4,818,052,422.57 CNY as of March 31, 2022, slightly down from 4,825,987,851.64 CNY at the end of 2021[19] - The company’s total liabilities were reported at 115,863,441.04 CNY in Q1 2022, down from 119,034,596.23 CNY in Q1 2021[19] - The company’s equity totaled 4,702,188,981.53 CNY as of March 31, 2022, slightly down from 4,706,953,255.41 CNY at the end of 2021[19] Cash Flow - The net cash flow from operating activities was -¥229,173,180.46, indicating a significant decrease due to reduced sales collections and increased payments for defense radar procurement[5] - The cash flow from operating activities was negative at CNY -229,173,180.46, compared to CNY -8,507,475.60 in the same quarter last year, indicating a significant decline in cash flow[15] - Cash flow from operating activities showed a net outflow of -9,706,948.30 CNY, compared to a net inflow of 47,455,227.28 CNY in Q1 2021[22] - The company reported a net cash flow from financing activities of -1,936,187.81 CNY for Q1 2022, compared to -4,634,702.64 CNY in Q1 2021, indicating an improvement in cash flow management[16] - Cash outflow from operating activities totaled 14,422,634.38 CNY in Q1 2022, compared to 103,132,570.20 CNY in Q1 2021[22] Costs and Expenses - Total operating costs for Q1 2022 were ¥503,436,189.76, down 31.4% from ¥733,938,742.89 in Q1 2021[11] - The total operating costs were CNY 435,691,207.82, down from CNY 671,669,187.51 in Q1 2021, reflecting a decrease of approximately 35.2%[13] - Research and development expenses amounted to CNY 29,034,115.04, compared to CNY 28,880,517.74 in the previous year, reflecting a slight increase of 0.5%[13] - The tax expenses for Q1 2022 were CNY 11,538,850.49, a decrease from CNY 21,796,251.26 in the same period last year, indicating a reduction of about 47.1%[13] - The company incurred financial expenses of CNY 853,171.29, compared to a financial income of CNY -3,462,243.90 in the previous year, indicating a shift in financial performance[13] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,224[6] - Major shareholders included China Electronics Technology Group Corporation with a 52.6% stake, holding 653,238,756 shares[6]