长源东谷(603950) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 343,590,475.73, representing a decrease of 32.41% compared to the same period last year[5] - The net profit attributable to shareholders was CNY 54,142,532.03, down 47.22% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 42,182,782.14, a decline of 58.37% compared to the previous year[5] - The basic earnings per share (EPS) was CNY 0.24, reflecting a decrease of 45.45% year-on-year[6] - The weighted average return on equity (ROE) was 2.37%, down 2.62% from the previous year[6] - The decline in revenue and profit was attributed to the impact of the National VI emission upgrade and the downturn in industry demand due to domestic and international pandemic effects and economic slowdown[8] - Total operating revenue for Q1 2022 was CNY 343,590,475.73, a decrease of 32.4% compared to CNY 508,373,463.98 in Q1 2021[17] - Net profit for Q1 2022 was CNY 54,449,526.11, a decline of 47.4% from CNY 103,351,121.02 in Q1 2021[18] - Earnings per share for Q1 2022 were CNY 0.24, compared to CNY 0.44 in Q1 2021[19] - The company's operating profit for Q1 2022 was CNY 29,989,565.33, a decrease from CNY 68,796,820.99 in Q1 2021, representing a decline of approximately 56.4%[28] - The net profit for Q1 2022 was CNY 25,673,314.10, down from CNY 59,227,404.55 in Q1 2021, indicating a decrease of about 56.7%[28] Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,834,110,014.86, an increase of 3.87% from the end of the previous year[6] - The total liabilities as of Q1 2022 amounted to CNY 1,515,222,549.53, an increase of 6.5% from CNY 1,423,559,140.70 in Q1 2021[16] - The total assets as of March 31, 2022, amounted to CNY 3,361,797,803.14, an increase from CNY 3,227,145,303.82 at the end of 2021[26] - The total liabilities increased to CNY 1,635,876,470.08 from CNY 1,526,742,888.50 year-over-year[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,319[10] - The largest shareholder, Li Zuoyuan, holds 94,274,428 shares, representing 40.72% of the total shares[10] - The second-largest shareholder, Shenzhen Innovation Investment Group, holds 4,630,320 shares, representing 2.00% of the total shares[10] - The company has a significant shareholder relationship, with Li Zuoyuan and Xu Nengchen being spouses, and Li Zuoyuan and Li Xiangfeng being father and son[11] Cash Flow - The net cash flow from operating activities was CNY 117,678,013.91, a decrease of 6.09% compared to the same period last year[5] - Cash inflow from operating activities in Q1 2022 was CNY 342,960,655.18, down 30.2% from CNY 491,847,826.32 in Q1 2021[21] - The company's cash and cash equivalents as of March 31, 2022, amount to ¥707,600,660.32, an increase from ¥613,759,553.47 as of December 31, 2021, reflecting a growth of approximately 15.3%[13] - The company's cash inflow from financing activities was CNY 90,000,000.00, while cash outflow was CNY 5,479,000.00, resulting in a net cash flow of CNY -5,479,000.00[22] - The company reported cash inflow from operating activities of CNY 215,059,133.99 in Q1 2022, up from CNY 189,666,958.28 in Q1 2021, which is an increase of approximately 13.4%[29] Research and Development - Research and development expenses for Q1 2022 were CNY 14,399,269.29, a decrease of 38.6% from CNY 23,402,148.36 in Q1 2021[17] - Research and development expenses for Q1 2022 were CNY 8,468,108.40, down from CNY 10,023,835.32 in Q1 2021[27] Other Financial Metrics - The company reported a financial asset impairment loss of CNY 3,273,351.95 in Q1 2022[18] - The deferred income tax liabilities decreased to CNY 26,670.37 from CNY 42,672.60 in Q1 2021[16] - The company incurred tax expenses of CNY 4,537,142.56 in Q1 2022, down from CNY 9,969,421.15 in Q1 2021, representing a decrease of approximately 54.5%[28] - The company has not reported any significant new product developments or market expansion strategies in the current quarter[12] - The company has not adopted the new accounting standards for the current year, as indicated in the report[31]