Financial Performance - The company's operating revenue for Q1 2022 was CNY 639,418,486.29, representing a decrease of 8.40% compared to the same period last year[6]. - The net profit attributable to shareholders was CNY 42,698,995.42, down 21.62% year-on-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 37,670,006.63, a decrease of 12.71%[6]. - Basic and diluted earnings per share were both CNY 0.43, down 41.10% year-on-year due to the increase in total share capital after listing[6][10]. - The weighted average return on equity decreased by 5.12 percentage points to 2.67%[7]. - The total revenue for Q1 2022 was CNY 54,141,032.93, down from CNY 68,149,798.41 in the same period last year, reflecting a decline of 20.6%[22]. - Operating profit for Q1 2022 was CNY 50,404,597.46, compared to CNY 67,750,352.22 in Q1 2021, indicating a decrease of 25.6%[22]. - The company reported a total comprehensive income of CNY 42,195,788.63 in Q1 2022, down from CNY 55,939,831.66 in Q1 2021, a decline of 24.7%[23]. Cash Flow and Liquidity - The net cash flow from operating activities increased by 44.78% to CNY 138,862,415.44, mainly due to increased cash receipts from sales[10]. - The cash flow from operating activities in Q1 2022 was CNY 138,862,415.44, an increase of 44.8% from CNY 95,914,161.48 in Q1 2021[26]. - Cash and cash equivalents at the end of Q1 2022 increased to CNY 1,131,063,575.09 from CNY 495,996,171.35 at the end of Q1 2021, a growth of 128.5%[27]. - The company raised CNY 24,500,000.00 from minority shareholders in Q1 2022, contributing to a total cash inflow from financing activities of CNY 463,692,820.95[27]. - The investment activities resulted in a net cash outflow of CNY 59,319,677.84 in Q1 2022, compared to a smaller outflow of CNY 4,878,597.23 in Q1 2021[26]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 8,659,219,683.23, an increase of 3.13% from the end of the previous year[7]. - The total assets of the company reached RMB 8,659,219,683.23, an increase from RMB 8,396,133,855.23, marking a growth of 3.1%[19]. - Total liabilities amounted to RMB 7,013,909,753.43, up from RMB 6,817,519,714.06, reflecting an increase of 2.9%[19]. - The company's cash and cash equivalents increased to RMB 1,985,022,500.21 as of March 31, 2022, compared to RMB 1,622,864,287.81 at the end of 2021, representing a growth of 22.3%[16]. - Accounts receivable decreased to RMB 3,295,925,705.11 from RMB 3,431,058,827.04, indicating a decline of 4.0%[16]. - The company’s short-term borrowings increased to RMB 1,332,240,996.53 from RMB 1,197,565,718.96, an increase of 11.2%[18]. Shareholder Information - Shareholders' equity attributable to the parent company was CNY 1,565,021,691.07, up 2.81% from the previous year[7]. - The total number of ordinary shareholders at the end of the reporting period was 13,199[13]. Government Subsidies and R&D - The company received government subsidies amounting to CNY 2,206,201.36, which are closely related to its normal business operations[9]. - The company’s research and development expenses for Q1 2022 were RMB 12,997,818.33, slightly down from RMB 13,346,248.38 in Q1 2021, a decrease of 2.6%[21]. Inventory and Other Metrics - The company reported a decrease in inventory to RMB 32,977,829.13 from RMB 44,820,254.06, a reduction of 26.5%[17]. - The company experienced a foreign exchange gain of CNY 47,249.43 in Q1 2022, compared to CNY 9,403.62 in Q1 2021, indicating an increase in foreign exchange impact[27].
德才股份(605287) - 2022 Q1 - 季度财报