COPTON(SH:603798)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 221,361,324.70, representing a decrease of 40.6% compared to the same period last year[5] - The net profit attributable to shareholders was CNY 30,648,584.39, down 39.3% year-on-year[5] - Basic and diluted earnings per share were both CNY 0.15, reflecting a decline of 40.13%[5] - Total revenue for Q1 2022 was ¥221,361,324.70, a decrease of 40.5% compared to ¥372,689,094.60 in Q1 2021[16] - Net profit for Q1 2022 was ¥30,508,874.69, representing a decline of 39.5% from ¥50,442,375.54 in Q1 2021[18] Cash Flow - The net cash flow from operating activities decreased by 50.58% to CNY 78,789,892.85[5] - In Q1 2022, the cash inflow from operating activities was CNY 282,629,415.30, a decrease of 13.2% compared to CNY 325,868,098.32 in Q1 2021[20] - The net cash flow from operating activities was CNY 78,789,892.85, down 50.7% from CNY 159,441,889.06 in the same period last year[20] - Cash inflow from investment activities totaled CNY 302,106,647.26, an increase of 49.8% from CNY 201,435,287.68 in Q1 2021[21] - The net cash flow from investment activities was CNY 183,020,335.73, a significant recovery from a negative cash flow of CNY -3,779,447.20 in Q1 2021[21] Assets and Liabilities - Total assets increased by 3.21% to CNY 1,301,207,424.48 compared to the end of the previous year[6] - The total assets increased to ¥1,301,207,424.48 in Q1 2022 from ¥1,260,791,283.34 in Q1 2021, reflecting a growth of 3.2%[14] - Total liabilities rose to ¥181,434,767.00 in Q1 2022, compared to ¥171,527,500.55 in Q1 2021, marking an increase of 5.3%[14] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,461[9] - The top two shareholders held a combined 54.11% of the company's shares, with 恒嘉世科国际 (27.62%) and 青岛路邦石油化工有限公司 (26.49%)[9] Research and Development - Research and development expenses for Q1 2022 were ¥9,307,463.01, down from ¥11,689,434.24 in Q1 2021, indicating a reduction of 20.3%[17] Future Plans - The company plans to expand its market presence and invest in new technologies to drive future growth[19] Cash Management - Cash and cash equivalents increased by 117.18% to CNY 487,098,748.72[12] - The total cash and cash equivalents at the end of Q1 2022 were CNY 510,771,814.97, slightly up from CNY 506,148,306.45 at the end of Q1 2021[21] - The cash outflow for purchasing fixed assets and intangible assets was CNY 3,086,311.53, a decrease of 17.0% compared to CNY 3,714,734.88 in the previous year[21] - The company received CNY 300,000,000.00 related to investment activities, which is a 50% increase from CNY 200,000,000.00 in Q1 2021[20] - The cash outflow for other investment activities was CNY 115,000,000.00, down from CNY 200,000,000.00 in the previous year, indicating a reduction in investment spending[21] - The company paid CNY 7,800,000.00 related to financing activities, marking the only cash outflow in this category for Q1 2022[21]