GRI(SH:600894)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥1,618,849,937.24, representing a year-on-year increase of 10.28%[6] - The net profit attributable to shareholders of the listed company was ¥1,961,105.21, a significant decrease of 93.62% compared to the same period in 2021[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥58,008,787.00, showing an increase of 153.37% year-on-year[6] - The basic earnings per share for Q1 2022 was ¥0.0023, a decrease of 93.56% year-on-year[6] - The diluted earnings per share for Q1 2022 was also ¥0.0023, reflecting the same decline as basic earnings[6] - The weighted average return on equity was 0.02%, down by 0.36 percentage points compared to the previous year[6] - Operating profit for Q1 2022 was ¥2,908,240.16, a significant decrease from ¥32,356,724.55 in Q1 2021[27] - Net profit for Q1 2022 was ¥1,096,899.19, down from ¥29,578,135.85 in Q1 2021, reflecting a decline of approximately 96.3%[27] - The total comprehensive income for Q1 2022 was ¥477,529.02, a significant drop from ¥30,123,432.01 in Q1 2021[30] Cash Flow - The net cash flow from operating activities was -¥188,253,038.99, indicating a negative cash flow situation[6] - Cash inflow from operating activities decreased to approximately $1.33 billion in Q1 2022 from $1.78 billion in Q1 2021, a decline of about 25.2%[33] - Net cash flow from operating activities was negative at approximately -$188.25 million in Q1 2022, compared to -$150.83 million in Q1 2021[33] - Cash outflow from investing activities was significantly reduced to approximately $14.88 million in Q1 2022 from $1.02 billion in Q1 2021[33] - Net cash flow from investing activities improved to approximately $3.48 million in Q1 2022, compared to a negative cash flow of -$1.02 billion in Q1 2021[33] - Cash outflow from financing activities increased to approximately $13.41 million in Q1 2022 from $12.89 million in Q1 2021[33] - Net cash flow from financing activities was negative at approximately -$8.46 million in Q1 2022, compared to -$5.39 million in Q1 2021[33] - The company received approximately $18.36 million in cash from investment income in Q1 2022, a significant increase from $358,100 in Q1 2021[33] - The company reported a cash inflow of approximately $4.95 million from financing activities in Q1 2022, down from $7.50 million in Q1 2021[33] Assets and Liabilities - Total assets as of March 31, 2022, were ¥11,933,275,931.72, down 2.24% from the end of 2021[9] - The company's total assets as of March 31, 2022, were ¥11,933,275,931.72, a decrease from ¥12,206,961,625.16 at the end of 2021[23] - Total liabilities decreased to ¥3,330,725,465.41 in Q1 2022 from ¥3,608,110,578.30 in Q4 2021, indicating a reduction of about 7.7%[23] - The company's cash and cash equivalents were ¥3,421,022,279.09 as of March 31, 2022, down from ¥3,597,194,549.11 at the end of 2021[21] - The company’s inventory decreased to ¥1,155,282,122.73 as of March 31, 2022, from ¥1,366,233,577.42 at the end of 2021, reflecting a decline of approximately 15.4%[21] Research and Development - Research and development expenses for Q1 2022 were ¥35,514,908.29, a decrease from ¥40,791,005.95 in Q1 2021[27]