NBOND(SH:603238)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 335,014,332.38, representing a decrease of 27.58% compared to the same period last year[5]. - The net profit attributable to shareholders was CNY 7,604,125.55, down 85.00% year-on-year[5]. - The basic earnings per share decreased to CNY 0.04, reflecting a decline of 85.71% compared to the previous year[6]. - In Q1 2022, the company's net profit was CNY 11,688,017.91, a decrease of 81.5% compared to CNY 63,350,697.44 in Q1 2021[20]. - The company's operating profit was CNY 13,913,283.53, significantly lower than CNY 81,535,600.74 in Q1 2021, reflecting a decline of 83.0%[20]. - The total revenue from operating activities was CNY 391,949,794.99, down 33.4% from CNY 588,807,808.34 in the same period last year[24]. - The company reported a net profit margin decline due to reduced revenue and increased costs, impacting overall profitability[19]. Cash Flow and Investments - The net cash flow from operating activities was CNY 33,199,792.47, a decrease of 55.80% year-on-year[10]. - The cash flow from operating activities was CNY 33,199,792.47, down 55.8% from CNY 75,105,356.72 in Q1 2021[24]. - The company incurred a net cash outflow from investing activities of CNY 61,840,744.00, compared to a smaller outflow of CNY 40,105,781.14 in the previous year[24]. - The total cash inflow from financing activities was CNY 123,096,500.00, a decrease of 23.1% compared to CNY 160,000,000.00 in Q1 2021[25]. - The company reported a cash and cash equivalents balance of CNY 84,322,303.61 at the end of Q1 2022, compared to CNY 157,141,064.19 at the end of Q1 2021[25]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,259,883,910.22, an increase of 2.67% from the end of the previous year[6]. - Total assets as of March 31, 2022, amounted to RMB 2,259,883,910.22, compared to RMB 2,201,012,577.03 at the end of 2021, indicating a growth of 2.6%[16]. - Total liabilities increased to RMB 777,276,031.50 from RMB 733,667,966.22 at the end of 2021, representing a rise of 5.9%[17]. - The company's total equity as of March 31, 2022, was RMB 1,482,607,878.72, up from RMB 1,467,344,610.81 at the end of 2021, showing an increase of 1.0%[17]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,400[12]. Research and Development - Research and development expenses decreased by 32.12%, attributed to changes in R&D projects during the period[10]. - Research and development expenses amounted to CNY 12,127,791.05, a decrease of 32.3% from CNY 17,865,833.26 in the previous year[20]. Other Financial Metrics - The weighted average return on equity was 0.61%, a decrease of 3.73 percentage points compared to the previous year[6]. - The company reported a significant increase of 170.85% in trading financial assets due to increased investment management amounts[10]. - Accounts receivable increased to RMB 194,437,494.10 from RMB 179,066,253.09 at the end of 2021, reflecting a growth of 8.1%[15]. - Cash and cash equivalents as of March 31, 2022, were RMB 213,227,970.57, a decrease from RMB 225,922,174.81 at the end of 2021[15]. - Inventory as of March 31, 2022, was RMB 270,708,286.07, slightly down from RMB 273,516,060.10 at the end of 2021[15]. - Short-term borrowings increased to RMB 105,121,650.68 from RMB 69,996,618.59 at the end of 2021, reflecting a significant rise of 50.2%[16]. - The company experienced a foreign exchange loss of CNY 991,395.16 during the quarter, compared to a loss of CNY 1,387,781.12 in Q1 2021[25].