BOMESC(SH:603727)2022-04-21 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 442,035,099.12, a decrease of 24.89% compared to the same period last year[5]. - The net profit attributable to shareholders for Q1 2022 was CNY 14,383,888.52, down 72.51% year-on-year[5]. - The basic earnings per share for Q1 2022 was CNY 0.05, reflecting a decline of 78.26% compared to the previous year[5]. - Total operating revenue for Q1 2022 was ¥442,035,099.12, a decrease of 25% compared to ¥588,513,434.37 in Q1 2021[18]. - Net profit for Q1 2022 was ¥14,383,991.58, a decline of 73% from ¥52,330,101.01 in Q1 2021[19]. - Operating profit for Q1 2022 was ¥10,412,011.18, a decrease of 82% compared to ¥57,364,593.64 in Q1 2021[19]. - The company reported a total comprehensive income of ¥14,285,507.19 for Q1 2022, significantly lower than ¥52,359,655.91 in Q1 2021[20]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -169,740,846.38, indicating a significant cash outflow[5]. - Cash flow from operating activities for Q1 2022 was negative at -¥169,740,846.38, compared to positive cash flow of ¥99,593,236.82 in Q1 2021[22]. - Cash and cash equivalents at the end of Q1 2022 were ¥886,122,322.79, down from ¥1,073,108,562.90 at the beginning of the period[23]. - The company's cash and cash equivalents decreased to RMB 1,331,648,924.12 from RMB 1,532,000,202.33, reflecting a decline of approximately 13.1%[14]. Assets and Liabilities - Total assets at the end of Q1 2022 were CNY 5,207,119,546.68, a decrease of 1.35% from the end of the previous year[6]. - As of March 31, 2022, the total assets of the company amounted to RMB 5,207,119,546.68, a decrease from RMB 5,278,296,252.33 at the end of 2021[14]. - The company's total liabilities decreased to RMB 1,859,113,995.63 from RMB 1,944,986,251.83, reflecting a reduction of about 4.4%[16]. - The total current liabilities decreased to RMB 1,739,405,831.54 from RMB 1,810,691,597.50, indicating a reduction of about 3.9%[16]. - The company's non-current assets totaled RMB 1,631,611,575.52, down from RMB 1,668,611,451.45, indicating a decrease of approximately 2.2%[15]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 30,339[11]. - The company repurchased a total of 6,615,409 shares, representing 2.29% of its total shares outstanding[13]. Government Support and Financial Management - The company received government subsidies amounting to CNY 2,612,922.53, primarily related to infrastructure projects[7]. - The company's financial assets increased by 183.20% due to increased financial management activities[8]. - The company reported a significant decrease in investment income by 123.89%, mainly due to reduced financial management returns[8]. Inventory and Receivables - The accounts receivable decreased by 47.49%, attributed to reduced project settlements during the period[8]. - The accounts receivable decreased to RMB 234,743,129.79 from RMB 447,004,260.73, reflecting a significant drop of about 47.5%[14]. - The company's inventory decreased to RMB 355,169,085.98 from RMB 397,971,110.77, a decline of approximately 10.7%[15]. Operating Costs and Expenses - Total operating costs for Q1 2022 were ¥433,764,986.89, down 20% from ¥542,970,296.90 in Q1 2021[18]. - Research and development expenses for Q1 2022 were ¥25,312,810.58, a decrease of 20% from ¥31,550,013.80 in Q1 2021[18]. - The company incurred a financial expense of -¥1,949,086.13 in Q1 2022, compared to -¥2,478,974.42 in Q1 2021[18].