R&Y(SH:603286)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥147,875,580.05, representing a year-on-year increase of 19.86%[5] - The net profit attributable to shareholders decreased by 41.45% to ¥3,322,039.11[5] - The net profit after deducting non-recurring gains and losses fell by 38.22% to ¥2,296,963.40[5] - Basic and diluted earnings per share were both ¥0.04, down by 41.45%[6] - Operating profit decreased to ¥4,352,134.07, down 47.5% from ¥8,293,545.24 in the same period last year[21] - Net profit for Q1 2022 was ¥4,278,708.68, a decline of 35.2% compared to ¥6,593,884.71 in Q1 2021[21] Cash Flow - The net cash flow from operating activities was negative at -¥10,631,788.06, a decrease of 213.21% compared to the previous year[5] - Cash flow from operating activities showed a net outflow of ¥10,631,788.06, compared to a net inflow of ¥9,390,850.96 in Q1 2021[25] - Total cash inflow from investing activities was ¥38,634,430.70, an increase from ¥30,010,000.00 in Q1 2021[25] - Cash outflow from investing activities rose to ¥74,933,841.64, compared to ¥37,829,667.87 in the same period last year[25] - Cash inflow from financing activities was ¥367,804,480.00, significantly higher than ¥76,000,000.00 in Q1 2021[25] - The net cash flow from financing activities was $70,952,243.81, an increase of 28,865,048.33 compared to the previous period[26] - The total cash and cash equivalents at the end of the period amounted to $107,824,213.07, down from $132,916,649.83 in the previous period[26] - The net increase in cash and cash equivalents for the period was $23,858,961.55, compared to $30,057,521.85 in the previous period[26] - The cash outflow from financing activities totaled $296,852,236.19, which includes $213,129,982.67 related to other financing activities[26] - The impact of exchange rate changes on cash and cash equivalents was a decrease of $162,083.26[26] Assets and Liabilities - Total assets increased by 4.09% to ¥981,854,517.94 compared to the end of the previous year[6] - The company's current assets totaled CNY 471,777,897.07, compared to CNY 449,562,838.84 at the end of 2021, indicating an increase of about 4.9%[18] - The company's total liabilities were CNY 477,147,362.19, compared to CNY 442,873,648.78 at the end of 2021, marking an increase of around 7.7%[19] - The total equity attributable to shareholders reached CNY 479,598,977.40, slightly up from CNY 476,291,121.67, showing a marginal increase of about 0.7%[19] Inventory and Receivables - The company's inventory rose by 63.23% due to increased material prices and a rise in sales orders[10] - The company's inventory increased to CNY 150,312,471.67 from CNY 129,643,102.83, reflecting a rise of approximately 15.9%[18] - The accounts receivable decreased to CNY 166,555,727.66 from CNY 183,929,423.10, indicating a decline of about 9.5%[17] Borrowings and Expenses - Short-term borrowings increased by 31.12% as a result of additional bank loans[11] - The short-term borrowings rose significantly to CNY 191,439,686.76 from CNY 124,372,805.80, representing an increase of approximately 54%[19] - The company incurred financial expenses of ¥2,053,379.59, up from ¥1,302,669.66 in Q1 2021[20] - Research and development expenses increased to ¥8,247,570.95, compared to ¥7,546,666.12 in the previous year[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,146[13]