FCDW(SH:605189)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 474,195,475.69, representing a year-on-year increase of 44.02%[5] - The net profit attributable to shareholders decreased by 32.72% to CNY 26,109,379.62 compared to the same period last year[5] - The basic earnings per share (EPS) fell by 45.54% to CNY 0.21[5] - Total operating revenue for Q1 2022 was CNY 474,195,475.69, representing a 43.9% increase from CNY 329,250,015.88 in Q1 2021[18] - Net profit for Q1 2022 was CNY 26,109,379.62, a decrease of 32.8% compared to CNY 38,807,050.49 in Q1 2021[19] - Basic earnings per share for Q1 2022 was CNY 0.21, down from CNY 0.41 in Q1 2021[20] - The net profit for Q1 2022 was CNY 25,101,818.36, a decrease of 34.3% from CNY 38,317,682.17 in Q1 2021[27] Cash Flow - The net cash flow from operating activities was negative at CNY -82,316,670.57, a decrease of 22.71% year-on-year[5] - Cash flow from operating activities for Q1 2022 was a net outflow of CNY 82,316,670.57, compared to a net outflow of CNY 67,084,276.20 in Q1 2021[21] - The company's cash flow from operating activities showed a net decrease of CNY 37,681,281.17 in Q1 2022[22] - The net cash flow from operating activities was -CNY 79,300,318.53, worsening from -CNY 64,748,313.78 in the same period last year[28] - The cash inflow from financing activities for Q1 2022 was CNY 66,403,115.60, with a net cash inflow of CNY 55,262,645.49 after outflows[21] - The net cash flow from financing activities increased to CNY 52,830,625.99, compared to CNY 23,120,838.58 in the same quarter last year[29] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,116,040,535.65, a slight increase of 0.17% from the previous year[6] - The company's total liabilities were CNY 592,596,562.31, down from CNY 615,177,067.01, showing a decrease of approximately 3.7%[17] - The equity attributable to shareholders increased to CNY 1,523,443,973.34 from CNY 1,497,334,593.72, reflecting a growth of about 1.7%[17] - The total assets as of March 31, 2022, amounted to CNY 2,068,758,484.68, compared to CNY 2,053,449,555.31 at the end of 2021[24] - The company's total liabilities decreased to CNY 553,403,393.29 from CNY 563,196,282.28[24] Inventory and Receivables - Accounts receivable increased to CNY 37,568,075.00 from CNY 26,446,129.50, representing a growth of about 42.1%[15] - Inventory rose to CNY 464,883,284.01, up from CNY 418,068,877.04, indicating an increase of approximately 11.2%[16] - The company's inventory as of March 31, 2022, was CNY 431,488,299.24, an increase from CNY 385,819,817.25 at the end of 2021[23] Research and Development - R&D expenses for Q1 2022 were CNY 17,837,082.82, an increase of 37.5% from CNY 12,998,591.77 in Q1 2021[18] - Research and development expenses for Q1 2022 were CNY 17,837,082.82, up from CNY 12,998,591.77 in Q1 2021, reflecting a 37.5% increase[26] Financing Activities - The company experienced a 68.6% increase in short-term borrowings due to increased operational needs[10] - The cash flow from financing activities increased by 142.59%, primarily due to the increase in short-term borrowings[11] - The company received CNY 48,000,000.00 in borrowings during the quarter, compared to CNY 29,268,211.95 in Q1 2021[28] Other Financial Information - The company reported a non-operating loss of CNY -6,598,935.33 from non-recurring items[9] - The company reported a total of CNY 20,000.00 in non-operating income for Q1 2022, compared to CNY 2,532.82 in Q1 2021[19] - The company has not disclosed any new product developments or market expansion strategies in the current report[15]