Apple Group(SH:603020)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥786,700,331.57, representing a decrease of 4.09% compared to the same period last year[5]. - The net profit attributable to shareholders was ¥47,211,121.04, down 22.24% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥40,764,745.80, a decrease of 28.03% compared to the previous year[5]. - The basic earnings per share decreased by 35.06% to ¥0.1232[6]. - In Q1 2022, the company's net profit was CNY 58,819,773.94, a decrease of 23.7% compared to CNY 77,275,028.93 in Q1 2021[20]. - The total profit before tax was CNY 75,412,578.48, down 22.9% from CNY 97,777,461.94 in the previous year[20]. - The company reported a total comprehensive income of CNY 58,025,660.75, down 23.2% from CNY 75,511,088.11 in the previous year[21]. - Basic and diluted earnings per share were both CNY 0.1232, compared to CNY 0.1897 in Q1 2021, reflecting a decrease of 34.9%[21]. Cash Flow and Liquidity - The net cash flow from operating activities increased by 104.16% to ¥67,721,175.20[5]. - The company's cash and cash equivalents as of March 31, 2022, were CNY 214.36 million, compared to CNY 247.39 million at the end of 2021, a decrease of 13.4%[14]. - The cash and cash equivalents at the end of the period were CNY 214,195,116.77, down from CNY 234,208,610.80 at the end of Q1 2021[25]. - The company experienced a net cash outflow from investing activities of CNY 133,960,753.89, compared to a net outflow of CNY 69,149,565.68 in the same period last year[24]. - The net cash flow from financing activities was CNY 33,248,532.36, an increase from CNY 10,213,992.60 in Q1 2021[25]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,946,447,695.07, an increase of 2.11% from the end of the previous year[6]. - The total assets of the company increased to CNY 3.95 billion as of March 31, 2022, from CNY 3.86 billion at the end of 2021, representing a growth of 2.3%[16]. - The total liabilities increased to CNY 533.95 million in Q1 2022, compared to CNY 510.87 million in Q1 2021, an increase of 4.5%[16]. - The equity attributable to shareholders increased by 1.53% to ¥3,139,568,447.97[6]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 23,224[10]. - The company issued 63,237,774 new shares in a private placement, increasing total shares from 320 million to 383.24 million[12]. Operational Highlights - The company reported a significant increase in short-term borrowings by 176.56%, primarily due to increased financing needs[7]. - The company received government subsidies amounting to ¥3,604,036.63, contributing to a 731.75% increase in other income[7]. - The total revenue from operating activities was CNY 946,453,143.05, an increase of 3.6% from CNY 913,423,410.83 in the same period last year[23]. - The company's inventory as of March 31, 2022, was CNY 524.83 million, down from CNY 548.26 million at the end of 2021, a decrease of 4.3%[14]. - The company reported a financial income of CNY 2.63 million in Q1 2022, compared to CNY 0.26 million in Q1 2021, indicating a significant increase in financial income[19]. - The company plans to expand its market presence and invest in new product development, although specific figures were not disclosed in the report[19].