SPEG(SH:600679)2022-05-10 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 413,919,659.58, a decrease of 23.40% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 24,396,846.10, an increase of 14.70% year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 17,761,505.30, down by 9.75% compared to the previous year[4] - The basic earnings per share for the period was CNY 0.0473, reflecting a growth of 3.50%[4] - Total operating revenue for Q1 2022 was CNY 413,919,659.58, a decrease of 23.4% compared to CNY 540,330,382.26 in Q1 2021[13] - Net profit for Q1 2022 was CNY 23,325,184.72, an increase of 18.3% from CNY 19,680,101.90 in Q1 2021[13] - Basic and diluted earnings per share for Q1 2022 were CNY 0.0473, compared to CNY 0.0457 in Q1 2021[14] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,384,281,330.26, a decrease of 2.87% from the end of the previous year[4] - Total assets as of March 31, 2022, were CNY 3,384,281,330.26, a decrease from CNY 3,484,440,619.25 as of December 31, 2021[10] - Total liabilities as of March 31, 2022, were CNY 878,354,058.83, down from CNY 998,127,512.07 at the end of 2021[11] - Total equity as of March 31, 2022, was CNY 2,505,927,271.43, compared to CNY 2,486,313,107.18 at the end of 2021[11] Cash Flow - In Q1 2022, the company's cash inflow from operating activities was CNY 577,934,126.42, a decrease of 15.1% compared to CNY 680,558,560.99 in Q1 2021[15] - The net cash flow from operating activities was negative at CNY -17,418,703.22, improving from CNY -40,141,968.50 in the same period last year[15] - Cash inflow from investment activities totaled CNY 308,841,038.74, an increase of 19.1% from CNY 259,276,869.12 in Q1 2021[15] - The net cash flow from investment activities was CNY -139,616,004.30, an improvement from CNY -209,030,647.65 year-over-year[15] - Cash inflow from financing activities was CNY 12,943,976.00, a significant decrease of 95% compared to CNY 256,620,000.00 in Q1 2021[15] - The net cash flow from financing activities was CNY -52,042,737.30, contrasting with a positive CNY 214,469,793.17 in the previous year[15] - The total cash and cash equivalents at the end of Q1 2022 were CNY 560,622,613.95, down from CNY 769,654,249.60 at the beginning of the quarter[15] - The company reported a total cash outflow of CNY 209,031,635.65 for the quarter, compared to CNY 30,886,037.24 in Q1 2021[15] - The company received CNY 303,981,646.42 from the recovery of investments, which is an increase from CNY 255,974,587.98 in the previous year[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 3,834[8] Government Subsidies and Other Financial Changes - The company received government subsidies amounting to CNY 6,635,340.80 during the period, significantly increasing compared to the previous year[6] - The balance of trading financial assets increased by 1194.68%, primarily due to an increase in bank wealth management products[6] - Accounts receivable increased by 33.88%, mainly due to an increase in receivables from sales[6] Inventory and Borrowings - Cash and cash equivalents decreased to CNY 701,734,114.54 from CNY 897,662,344.64 at the end of 2021, a decline of 21.8%[10] - Inventory decreased to CNY 191,722,860.79 from CNY 295,934,334.07, a reduction of 35.2%[10] - Short-term borrowings decreased to CNY 48,548,370.07 from CNY 77,601,809.60, a decline of 37.5%[11] Accounting Standards - The company did not apply the new accounting standards for the current year[16]