Clenergy(SH:603628)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was RMB 267,235,372.95, representing a year-on-year increase of 31.53%[5] - The net profit attributable to shareholders was RMB 5,945,276.49, showing a decrease of 39.75% compared to the same period last year[5] - The net profit for Q1 2022 was CNY 6,162,061.78, compared to CNY 10,451,865.37 in Q1 2021, reflecting a decrease of approximately 41.5%[23] - The total comprehensive income for Q1 2022 was ¥10,401,701.32, down 36.1% from ¥16,282,792.64 in Q1 2021[26] - The basic and diluted earnings per share for Q1 2022 were both ¥0.022, compared to ¥0.0360 in Q1 2021, reflecting a decline of 38.9%[26] - The net profit attributable to the parent company for Q1 2022 was ¥5,945,276.49, a decrease of 39.5% compared to ¥9,867,120.18 in Q1 2021[26] - The net profit for Q1 2022 was ¥4,666,107.23, slightly down from ¥4,712,258.09 in Q1 2021, showing a decrease of 1.0%[39] Cash Flow - The net cash flow from operating activities was negative at RMB -5,321,012.46, an increase in outflow of 84.92% year-on-year[5] - Cash inflows from operating activities in Q1 2022 totaled ¥275,057,210.25, an increase of 36.2% from ¥201,835,195.84 in Q1 2021[31] - The net cash outflow from operating activities for Q1 2022 was ¥5,321,012.46, an improvement from a net outflow of ¥35,279,949.93 in Q1 2021[31] - The net cash flow from operating activities was -CNY 51,552,736.65, worsening from -CNY 18,934,503.59 year-over-year[41] - The company’s cash flow from operating activities was negatively impacted by increased payments to employees, totaling CNY 18,451,432.65, compared to CNY 16,046,167.21 in the previous year[41] Assets and Liabilities - Total assets at the end of the reporting period were RMB 2,047,820,446.24, a slight decrease of 0.29% from the previous year[7] - The total assets as of March 31, 2022, were CNY 2,047,820,446.24, slightly down from CNY 2,053,758,235.69 at the end of 2021[20] - Total liabilities decreased to CNY 1,037,609,739.09 as of March 31, 2022, from CNY 1,054,384,476.84 at the end of 2021, a reduction of approximately 1.6%[20] - Total liabilities rose to ¥759,944,521.47 in Q1 2022, up from ¥692,766,473.91 in Q1 2021, indicating an increase of 9.7%[37] - The total equity attributable to shareholders increased by 1.07% to RMB 1,002,979,435.01[7] - The total equity increased to ¥910,615,698.03 in Q1 2022 from ¥905,949,590.80 in Q1 2021, reflecting a modest growth of 0.7%[37] Research and Development - The company's R&D expenses increased by 58.61% due to higher investment in research and development activities[9] - Research and development expenses for Q1 2022 were CNY 4,214,659.22, compared to CNY 2,657,168.46 in Q1 2021, marking an increase of about 58.5%[23] - R&D expenses for Q1 2022 were ¥4,214,659.22, compared to ¥2,657,168.46 in Q1 2021, reflecting a 58.5% increase in investment in innovation[39] Operational Costs - The company experienced a 52.29% increase in operating costs, attributed to rising material costs and shipping fees[9] - Total operating costs for Q1 2022 were CNY 259,379,915.50, up from CNY 188,509,722.34 in Q1 2021, indicating an increase of about 37.5%[20] - The cost of goods sold for Q1 2022 was ¥120,757,515.53, up from ¥69,613,783.22 in Q1 2021, indicating a significant increase in operational costs[37] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 22,895[10] - Accounts receivable increased to CNY 512,795,368.70 as of March 31, 2022, from CNY 466,031,406.66 at the end of 2021, showing a rise of about 10%[16] - Inventory decreased to CNY 168,227,453.02 as of March 31, 2022, down from CNY 182,019,074.33 at the end of 2021, a decline of approximately 7.5%[16] Future Outlook - The company plans to continue focusing on R&D and market expansion strategies to drive future growth[39]