CAERI(SH:601965)2022-04-22 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 561.14 million, a decrease of 33.18% year-on-year[4] - Net profit attributable to shareholders was CNY 129.89 million, an increase of 9.94% compared to the same period last year[4] - Total operating revenue for Q1 2022 was ¥561,142,114.93, a decrease of 33.1% compared to ¥839,741,805.24 in Q1 2021[14] - Net profit for Q1 2022 reached ¥132,877,002.92, an increase of 16.2% from ¥114,396,588.96 in Q1 2021[17] - Earnings per share for Q1 2022 was ¥0.13, compared to ¥0.12 in Q1 2021[17] Cash Flow - The cash flow from operating activities was negative at CNY -172.95 million, indicating a significant cash outflow[4] - Cash inflow from operating activities for Q1 2022 was approximately $369.31 million, a decrease of 14.8% compared to $433.58 million in Q1 2021[18] - Cash outflow from operating activities for Q1 2022 was approximately $542.26 million, down from $644.30 million in Q1 2021, reflecting a reduction of 15.8%[18] - Net cash flow from operating activities for Q1 2022 was approximately -$172.95 million, an improvement from -$210.72 million in Q1 2021[18] - The company reported a significant increase in cash received from other operating activities, totaling approximately $48.50 million in Q1 2022, compared to $22.54 million in Q1 2021, marking a growth of 115.5%[18] Assets and Liabilities - The total assets at the end of the reporting period were CNY 7.12 billion, a decrease of 0.91% from the end of the previous year[5] - Total current assets as of March 31, 2022, amount to RMB 2,811,003,016.24, a decrease from RMB 2,902,870,795.14 as of December 31, 2021[11] - Total liabilities as of March 31, 2022, amount to RMB 1,009,429,428.53, down from RMB 1,183,473,270.76 as of December 31, 2021[12] - Total liabilities as of Q1 2022 amounted to ¥1,267,239,380.50, down from ¥1,460,935,460.74 in the previous year[13] - Total equity attributable to shareholders reached ¥5,611,713,856.37, an increase of 2.4% from ¥5,478,219,473.77 in Q1 2021[13] Revenue Breakdown - The revenue from automotive technology services was CNY 504 million, showing a year-on-year increase of 27.13%[5] - The revenue from equipment manufacturing dropped to CNY 58 million, a decline of 87.02% due to reduced demand in the engineering vehicle sector[5] Shareholder Information - Total number of common shareholders at the end of the reporting period is 19,406[8] - The largest shareholder, China General Technology (Group) Holding Co., Ltd., holds 512,160,872 shares, accounting for 51.77% of total shares[9] Research and Development - Research and development expenses for Q1 2022 were ¥31,342,725.71, slightly down from ¥32,928,233.41 in Q1 2021[16] - The company has no significant new product launches or technological developments mentioned in the report[10] Market Strategy - The company reported a significant increase in sales expenses by 55.10% due to market expansion efforts[7] - There are no notable market expansion or acquisition strategies outlined in the current report[10]