ADD(SH:603089)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 359,483,113.40, representing a year-on-year increase of 9.34%[5] - The net profit attributable to shareholders decreased by 79.58% to CNY 10,372,057.41, primarily due to the sale of a wholly-owned subsidiary in the previous year and the impact of the pandemic on production[7] - The basic and diluted earnings per share both decreased by 78.26% to CNY 0.05[5] - In Q1 2022, the company reported a net profit of CNY 8,554,897.24, a decrease of 84.00% compared to CNY 53,609,507.84 in Q1 2021[18] - The company’s total comprehensive income for Q1 2022 was CNY 6,381,305.46, a decrease of 88.12% from CNY 53,669,160.42 in Q1 2021[19] - Operating profit for Q1 2022 was CNY 9,990,078.08, down 82.11% from CNY 55,904,546.89 in Q1 2021[18] Cash Flow and Liquidity - The net cash flow from operating activities increased by 127.46% to CNY 9,350,061.11, mainly due to an increase in cash received related to operating activities[7] - The cash flow from operating activities showed a net inflow of CNY 9,350,061.11, an increase of 127.00% compared to CNY 4,110,706.17 in the same quarter last year[20] - The company's cash and cash equivalents at the end of Q1 2022 were CNY 42,380,211.44, a decrease from CNY 89,023,548.87 at the end of Q1 2021[20] - The company's cash and cash equivalents decreased to ¥117,697,347.62 from ¥134,304,838.06, a decline of 12.3%[13] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,212,352,812.13, a slight decrease of 0.23% compared to the end of the previous year[6] - Total liabilities decreased to ¥997,277,166.86 from ¥1,008,864,527.50, a decline of 1.5%[15] - Total assets amounted to ¥2,212,352,812.13, slightly down from ¥2,217,558,867.31[14] Shareholder Information - The equity attributable to shareholders increased by 0.78% to CNY 1,058,045,627.20[6] - The total number of common shareholders at the end of the reporting period was 10,491[9] - Zhejiang Zhengyu Investment Co., Ltd. held 44.27% of the shares, with 35,942,796 shares pledged[9] Operating Costs and Expenses - Total operating costs for Q1 2022 were ¥340,859,598.80, up 13.1% from ¥301,244,490.16 in Q1 2021[17] - Research and development expenses increased to CNY 17,584,107.33, representing a 21.00% rise from CNY 14,525,702.39 in Q1 2021[18] Investment and Other Income - The company experienced a significant decline in investment income, reporting a loss of CNY 3,222,480.66 compared to a gain of CNY 36,587,714.57 in the previous year[18] - The company reported non-recurring gains and losses of CNY 4,333,404.90 from government subsidies related to normal business operations[6] - The company continues to invest in new technologies and product development, although specific figures are not provided in the report[16]