SGEG(SH:601616)2022-04-18 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 235,512,809.53, representing a year-on-year increase of 3.31%[3] - The net profit attributable to shareholders decreased by 17.01% to CNY 12,928,698.80[3] - The net profit for Q1 2022 was CNY 17,057,492.44, a decrease of 13.0% compared to CNY 19,595,783.22 in Q1 2021[15] - The total comprehensive income for Q1 2022 was CNY 17,057,492.44, compared to CNY 19,595,783.22 in Q1 2021, reflecting a decrease of 13.0%[16] - Gross profit for Q1 2022 was CNY 15,482,138.79, compared to CNY 19,189,564.48 in Q1 2021, indicating a decline of 19.06%[14] - The basic and diluted earnings per share for Q1 2022 were both CNY 0.0151, a decline from CNY 0.0169 in Q1 2021[16] Cash Flow and Investments - The net cash flow from operating activities increased significantly by 202.85% to CNY 7,878,166.08[3] - The cash flow from operating activities showed a net increase of CNY 7,878,166.08, compared to CNY 2,601,322.57 in Q1 2021, indicating improved cash generation[18] - The cash inflow from investment activities was CNY 242,118,279.83, significantly higher than CNY 115,576,664.20 in Q1 2021[18] - The cash outflow from investment activities totaled CNY 284,997,882.61, compared to CNY 118,044,818.21 in the previous year, indicating increased investment activity[18] - The net cash flow from financing activities was CNY -7,891,300.00, an improvement from CNY -249,953,436.17 in Q1 2021[18] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,073,007,177.98, up 1.19% from the end of the previous year[4] - Total liabilities as of March 31, 2022, were CNY 539,982,196.28, up from CNY 509,476,313.30 at the end of 2021, reflecting an increase of 5.06%[12] - Total equity attributable to shareholders as of March 31, 2022, was CNY 2,395,195,308.53, compared to CNY 2,381,141,851.57 at the end of 2021, an increase of 0.59%[12] - Cash and cash equivalents as of March 31, 2022, were CNY 510,726,503.98, down from CNY 546,935,608.21 at the end of 2021, a decrease of 6.61%[10] - Inventory as of March 31, 2022, was CNY 187,554,558.88, an increase from CNY 164,313,931.59 at the end of 2021, reflecting a growth of 14.14%[11] - Accounts receivable as of March 31, 2022, were CNY 443,085,612.36, slightly down from CNY 443,117,953.50 at the end of 2021, a decrease of 0.01%[10] Shareholder Information - The company has a total of 50,039 common shareholders at the end of the reporting period[6] - The largest shareholder, Xinyu Minjie Investment Management Co., Ltd., holds 22.8% of the shares[7] Research and Development - Research and development expenses increased by 117.62% during the period[5] - Research and development expenses for Q1 2022 were CNY 7,443,088.66, down from CNY 9,804,325.35 in Q1 2021, a decrease of 24.06%[14] Other Financial Metrics - The weighted average return on equity was 0.56%, a decrease of 0.03 percentage points[3] - The company reported a 42.80% increase in notes receivable due to an increase in unexpired bills[5] - The total revenue from operating activities was CNY 282,291,595.71, down 36.1% from CNY 441,699,189.62 in the same period last year[17] - The company experienced a foreign exchange loss of CNY -1,147,912.56 in Q1 2022, contrasting with a gain of CNY 1,369,975.11 in Q1 2021[19]