再升科技(603601) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 368.17 million, a decrease of 18.59% compared to CNY 452 million in the same period last year[8] - Net profit attributable to shareholders was CNY 59.29 million, down 26.30% year-on-year, while the net profit after deducting non-recurring gains and losses was CNY 52.11 million, a decrease of 31.85%[8] - The company reported a basic earnings per share of CNY 0.0817, down 26.92% year-on-year[6] - Total operating revenue for Q1 2022 was ¥368.17 million, a decrease of 18.6% compared to ¥452.24 million in Q1 2021[23] - Net profit for Q1 2022 was ¥60.88 million, a decline of 24.5% from ¥80.57 million in Q1 2021[24] - Operating profit for Q1 2022 was ¥67.31 million, a decrease of 25.3% compared to ¥90.22 million in Q1 2021[24] - Total comprehensive income for Q1 2022 was ¥60.88 million, compared to ¥80.57 million in Q1 2021, reflecting a decrease of 24.5%[25] Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 195.32%, reaching CNY 74.76 million, mainly due to increased collections of receivables and reduced payments for materials[11] - Cash flow from operating activities for Q1 2022 was ¥74.76 million, significantly higher than ¥25.32 million in Q1 2021[27] - Cash inflow from operating activities totaled ¥419.84 million in Q1 2022, slightly up from ¥409.01 million in Q1 2021[27] - The company's cash and cash equivalents at the end of the period were ¥295,675,832.00, down from ¥230,424,906.22, reflecting a decrease of 10.2%[28] - The net increase in cash and cash equivalents was -¥6,733,728.82, compared to -¥185,210,826.55 in the previous year, indicating a significant improvement[28] - The company repaid debts totaling ¥66,040,000.00, a decrease from ¥191,255,270.00, representing a 65.5% reduction[28] Assets and Liabilities - The total assets at the end of the reporting period were CNY 2.95 billion, reflecting a slight increase of 0.79% from the previous year[7] - As of March 31, 2022, the total assets amounted to CNY 2,954,682,220.71, an increase from CNY 2,931,474,297.90 as of December 31, 2021[19] - The company's current liabilities totaled CNY 703,533,487.37, down from CNY 741,523,613.29 in the previous period[19] - The total equity attributable to shareholders reached CNY 2,046,508,612.20, up from CNY 1,982,837,292.72[20] - The company’s non-current liabilities totaled CNY 155,050,194.74, slightly down from CNY 159,110,461.74[20] - The company’s retained earnings increased to CNY 747,736,833.09 from CNY 688,446,262.59[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 31,163[13] - The largest shareholder, Guo Mao, holds 36.63% of the shares, with 52 million shares frozen[13] Operational Challenges - The company faced challenges due to the impact of domestic and international COVID-19, which affected transportation efficiency and delayed order shipments[8] Research and Development - Research and development expenses increased to ¥24.74 million in Q1 2022, up 19.9% from ¥20.66 million in Q1 2021[23] Product Revenue - Revenue from "clean air" products decreased by 13.19%, while "energy-efficient" products saw a decline of 27.34% compared to the previous year[8] Accounting Standards - The company did not apply the new accounting standards starting from 2022[28] Other Financial Metrics - The weighted average return on equity decreased by 1.37 percentage points to 2.94%[7] - The cash and cash equivalents were reported at CNY 301,954,846.94, compared to CNY 310,812,258.76 at the end of 2021[17] - The accounts receivable decreased to CNY 577,065,789.48 from CNY 630,601,740.67[17] - The inventory increased to CNY 206,294,964.97 from CNY 178,193,155.62[18] - The company reported a tax expense of ¥6.45 million for Q1 2022, down from ¥9.62 million in Q1 2021[24] - Cash inflow from financing activities totaled ¥18,335,490.40, a decrease from ¥97,927,474.05 in the previous year, representing an 81.3% decline[28] - Cash outflow from financing activities amounted to ¥68,388,562.73, down from ¥272,897,562.07, indicating a 74.9% reduction year-over-year[28] - Net cash flow from financing activities was -¥50,053,072.33, compared to -¥174,970,088.02 in the prior year, showing an improvement of 71.4%[28] - The impact of exchange rate changes on cash and cash equivalents was -¥20,445.77, compared to -¥708,426.08 in the previous year, indicating a reduced impact[28] - The initial cash and cash equivalents balance was ¥302,409,560.82, compared to ¥415,635,732.77 in the previous year, reflecting a decrease of 27.2%[28]