SJA(SH:600609)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥1,033,685,477.51, representing a decrease of 16.81% compared to the same period last year [5] - The net profit attributable to shareholders of the listed company was ¥29,435,039.22, down 28.98% year-on-year [5] - The basic earnings per share for the period was ¥0.022, reflecting a decrease of 28.98% year-on-year [5] - Net profit for Q1 2022 was CNY 67,128,358.14, a decline of 28.1% compared to CNY 93,375,421.40 in Q1 2021 [29] - Total comprehensive income for Q1 2022 was CNY 67,128,358.14, compared to CNY 93,375,421.40 in Q1 2021 [29] Cash Flow and Liquidity - The net cash flow from operating activities was -¥104,106,319.64, a significant decline of 326.91% compared to the previous year [5] - The net cash flow from operating activities for Q1 2022 was negative CNY 104,106,319.64, compared to negative CNY 24,385,752.94 in Q1 2021 [33] - Cash and cash equivalents at the end of Q1 2022 were CNY 1,244,806,236.40, down from CNY 1,838,816,730.19 at the end of Q1 2021 [33] - The company's cash and cash equivalents decreased to ¥1,248,280,970.76, down 18.9% from ¥1,539,627,712.21 [23] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,329,378,044.98, a decrease of 2.12% from the end of the previous year [5] - The company's current assets totaled ¥2,861,295,983.37, down from ¥2,911,518,610.67, reflecting a decline of about 1.7% [23] - Total liabilities decreased to ¥3,232,593,141.73, a reduction of approximately 4.7% from ¥3,393,012,887.25 [27] - The company's short-term borrowings decreased to ¥646,872,181.23, down 13.6% from ¥748,451,614.26 [27] - The company's long-term borrowings decreased to ¥290,523,043.03, down 13.4% from ¥335,603,013.87 [27] - The total non-current assets decreased to ¥1,468,082,061.61, down from ¥1,511,560,147.59, reflecting a decline of about 2.9% [23] Inventory and Contract Liabilities - Inventory increased by 42.53% due to a rise in raw material costs compared to the same period last year [10] - Inventory increased significantly to ¥400,040,814.08, up 42.5% from ¥280,669,268.74 [23] - Contract liabilities rose by 125.74%, attributed to an increase in advance payments received by subsidiaries [10] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 47,864 [14] - The total equity attributable to shareholders rose to ¥809,877,366.79, an increase of 3.4% from ¥780,848,880.28 [27] Government Subsidies and Expenses - The company received government subsidies amounting to ¥2,626,854.70, primarily related to land compensation [8] - Research and development expenses for Q1 2022 were CNY 26,951,040.30, a decrease of 17.8% from CNY 32,786,315.57 in Q1 2021 [29] - The company reported a decrease in sales expenses to CNY 7,441,809.59 in Q1 2022 from CNY 9,513,549.57 in Q1 2021 [29] - The company incurred a financial expense of CNY 11,371,161.58 in Q1 2022, compared to CNY 10,130,469.05 in Q1 2021 [29]