CIG(SH:603083)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was RMB 477,436,593.89, representing a decrease of 38.15% compared to the same period last year[5] - The net profit attributable to shareholders was a loss of RMB 107,247,686.39, a decline of 489.52% year-on-year[5] - The basic earnings per share for the period was -0.42 RMB, reflecting a decrease of 483.15% compared to the previous year[5] - The company achieved operating revenue of RMB 477 million, a decrease of RMB 294 million compared to the same period last year[16] - Net profit for Q1 2022 was a loss of ¥107,247,686.39, compared to a profit of ¥27,533,537.33 in Q1 2021[30] - The basic and diluted earnings per share for Q1 2022 were both -¥0.42, compared to ¥0.11 in Q1 2021[30] Assets and Liabilities - The total assets at the end of the reporting period were RMB 3,834,858,131.95, a slight decrease of 0.33% from the end of the previous year[5] - The equity attributable to shareholders decreased by 5.83% to RMB 1,640,953,609.29 compared to the end of the previous year[5] - The total liabilities amounted to ¥2,193,904,522.66, an increase of 4.2% from ¥2,105,188,784.10 in the previous year[27] - Current liabilities totaled RMB 1.97 billion, an increase from RMB 1.93 billion year-over-year[22] Cash Flow - The net cash flow from operating activities was RMB 20,918,101.35, with no applicable year-on-year comparison[5] - The company's cash inflow from operating activities in Q1 2022 was ¥696,964,038.82, an increase of 7.3% from ¥649,663,650.29 in Q1 2021[32] - The net cash flow from operating activities was $20,918,101.35, a significant improvement compared to a net outflow of $129,925,794.46 in the previous period[35] - Cash outflows from operating activities totaled $676,045,937.47, down from $779,589,444.75 year-over-year[35] - Cash inflows from financing activities amounted to $422,056,789.82, compared to $210,466,892.16 previously[35] Inventory and Expenses - The company reported a significant increase in prepayments to suppliers by 46.05%, indicating a strategic shift in inventory management[10] - Operating expenses for the reporting period were RMB 113 million, a decrease of approximately RMB 9.2 million compared to the same period last year[16] - Research and development expenses for Q1 2022 were ¥56,874,535.64, slightly up from ¥55,631,143.66 in Q1 2021[28] Impact of External Factors - Due to the impact of the pandemic in cities like Xi'an, Shenzhen, and Shanghai, logistics were severely disrupted, affecting the delivery of approximately RMB 680 million in orders originally planned for Q1[16] - The company has over 720 personnel in closed-loop management to ensure production continuity during the pandemic[16] Acquisitions and Investments - The company completed a 100% acquisition of Actiontec Electronics, Inc., impacting cash flow from investing activities[10] - The company plans to recognize RMB 25.05 million in revenue from Actiontec Electronics, Inc. in Q2, which was delayed from Q1 due to changes in revenue recognition timing[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 31,276[11]