DIBAY(SH:603320)2022-04-26 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 274,104,997.03, representing a year-on-year increase of 12.39%[3] - The net profit attributable to shareholders decreased by 32.16% to CNY 12,161,813.25 compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 37.12% to CNY 11,023,012.62[3] - Basic and diluted earnings per share were both CNY 0.09, a decrease of 35.71% compared to the previous year[3] - Total operating revenue for Q1 2022 was ¥274,104,997.03, an increase of 12.38% compared to ¥243,887,504.04 in Q1 2021[14] - Net profit for Q1 2022 was ¥12,114,065.87, a decrease of 32.36% from ¥17,972,365.09 in Q1 2021[15] - Earnings per share for Q1 2022 was ¥0.09, down from ¥0.14 in Q1 2021[15] - The company reported a total profit of ¥14,740,308.94 for Q1 2022, down from ¥21,110,869.87 in Q1 2021[14] Cash Flow - The net cash flow from operating activities was CNY 14,222,666.00, down 29.58% year-on-year[3] - Cash flow from operating activities for Q1 2022 was ¥14,222,666.00, a decrease of 29.54% compared to ¥20,196,718.10 in Q1 2021[18] - The net cash flow from investing activities was $39,702,840.71, compared to a negative cash flow of $16,359,629.92 in the previous year[19] - Total cash and cash equivalents at the end of the period reached $269,369,571.19, up from $316,580,041.43 year-over-year[19] - The net cash flow from financing activities was -$515,485.43, compared to -$15,304.69 in the previous year[19] - The net increase in cash and cash equivalents for the period was $53,384,493.68, compared to $3,913,249.21 in the previous year[19] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,269,748,604.16, a slight increase of 0.12% from the end of the previous year[4] - The company's total assets amounted to RMB 1,269,748,604.16, slightly increasing from RMB 1,268,264,779.79 at the end of December 2021[10] - The company's cash and cash equivalents reached RMB 271,424,939.94, up from RMB 218,064,431.61 at the end of December 2021, indicating a growth of approximately 24.5%[10] - Accounts receivable decreased to RMB 117,511,307.57 from RMB 135,198,269.02, reflecting a decline of about 13.1%[10] - Inventory stood at RMB 202,841,134.25, showing a slight decrease from RMB 205,587,334.07, a reduction of approximately 1.2%[10] - The company's total current liabilities were RMB 236,250,000.00, with a notable increase in accounts payable to RMB 76,170,159.45 from RMB 90,146,607.79, a decrease of about 15.5%[11] - Non-current assets totaled RMB 466,065,260.50, slightly increasing from RMB 463,995,529.77, indicating a growth of approximately 0.2%[11] - The total liabilities of the company were RMB 236,250,000.00, with a notable increase in other payables to RMB 21,523,232.81 from RMB 31,302,981.51, a decrease of approximately 31.2%[11] Shareholder Information - Shareholders' equity attributable to the parent company increased by 1.56% to CNY 796,264,631.19[4] - The total number of ordinary shareholders at the end of the reporting period was 12,193[7] - Total equity as of Q1 2022 was ¥797,967,276.68, an increase from ¥785,793,972.36 in the previous year[12] Operational Insights - The decline in net profit was primarily due to increased depreciation from new fixed assets and rising costs of raw materials and energy[5] - The company has not reported any significant new product developments or market expansion strategies in the current quarter[9] - Research and development expenses for Q1 2022 were ¥9,058,755.37, slightly down from ¥9,117,373.28 in Q1 2021[14] Accounting Standards - The company has not adopted the new accounting standards starting from 2022[19]