Original(SH:603991)2022-04-26 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥21,667,902.52, representing a decrease of 30.12% compared to the same period last year[5]. - The net profit attributable to shareholders of the listed company was a loss of ¥2,758,824.50, with a year-on-year decrease of approximately 38.2% in losses[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥3,256,401.78, reflecting a year-on-year decrease of approximately 37.4% in losses[6]. - The net cash flow from operating activities was -¥8,321,581.86, a decrease of 132.99% compared to the previous year[5]. - The company reported a net loss of ¥24,672,793.20, compared to a net loss of ¥21,913,968.70 in the previous period[15]. - Total revenue for Q1 2022 was ¥21,667,902.52, a decrease of 30.5% compared to ¥31,008,366.17 in Q1 2021[18]. - Net loss for Q1 2022 was ¥2,758,824.50, an improvement of 38.2% compared to a net loss of ¥4,464,651.88 in Q1 2021[19]. - Basic and diluted earnings per share for Q1 2022 were both -¥0.04, an improvement from -¥0.06 in Q1 2021[19]. Assets and Liabilities - The total assets at the end of the reporting period were ¥415,252,774.04, down 3.26% from the end of the previous year[6]. - The equity attributable to shareholders of the listed company was ¥314,827,063.62, a decrease of 0.87% from the end of the previous year[6]. - Total current assets decreased to ¥164,819,688.00 from ¥175,509,865.28, a decline of about 6.1%[14]. - Total liabilities decreased to ¥100,425,710.42 from ¥111,665,250.10, reflecting a reduction of approximately 10%[15]. - The company's total assets decreased to ¥415,252,774.04 from ¥429,251,138.22, indicating a decline of about 3.2%[15]. - The company's total equity attributable to shareholders decreased to ¥314,827,063.62 from ¥317,585,888.12, a decrease of approximately 0.9%[15]. - The company had short-term borrowings of ¥19,521,055.60, an increase from ¥15,026,736.11, representing a rise of approximately 30.1%[14]. - The company’s total non-current liabilities slightly decreased to ¥44,549,313.44 from ¥45,042,305.27, a reduction of about 1.1%[15]. Cash Flow and Expenses - Operating cash flow for Q1 2022 was negative at ¥8,321,581.86, compared to positive cash flow of ¥25,222,537.92 in Q1 2021[22]. - Cash and cash equivalents at the end of Q1 2022 totaled ¥47,568,596.62, down from ¥52,200,942.38 at the beginning of the quarter[23]. - The company raised ¥5,000,000.00 in borrowings during Q1 2022, compared to ¥30,000,000.00 in the same period of 2021[23]. - The net cash flow from financing activities for Q1 2022 was ¥3,689,236.11, a significant improvement from -¥11,049,308.32 in Q1 2021[23]. - Research and development expenses for Q1 2022 were ¥1,310,125.19, a decrease of 29.3% from ¥1,853,216.21 in Q1 2021[18]. - Sales expenses for Q1 2022 were ¥844,630.00, slightly down from ¥875,604.67 in Q1 2021[18]. Operational Challenges - The decline in operating revenue was primarily due to the impact of the Shanghai pandemic, which severely restricted logistics and sales[8]. - The company is focusing on optimizing customer structure and improving product gross margins to manage related period expenses[8]. - The report indicates that the financial statements have not been audited[4]. Inventory and Receivables - Accounts receivable decreased to ¥67,301,120.72 from ¥75,419,712.42, reflecting a reduction of about 10.5%[13]. - Inventory increased to ¥23,364,567.01 from ¥19,869,484.06, indicating a rise of approximately 17.5%[14].