Keystone Technology(SH:605588)2022-04-25 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 388,282,546.72, representing a year-on-year increase of 4.49%[5] - The net profit attributable to shareholders was CNY 22,197,280.00, showing a decrease of 3.27% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 18,950,232.73, down 7.95% year-on-year[5] - The basic earnings per share for the period was CNY 0.30, a decline of 28.57% compared to the previous year[5] - Net profit for Q1 2022 was ¥22.20 million, slightly down from ¥22.95 million in Q1 2021, representing a decrease of 3.27%[18] - In Q1 2022, the company's net profit attributable to shareholders was 22,165,773.13 RMB, a decrease from 23,035,275.86 RMB in Q1 2021, representing a decline of approximately 3.77%[19] - The total comprehensive income for Q1 2022 was 22,165,773.13 RMB, down from 23,035,275.86 RMB in Q1 2021, indicating a decline of approximately 3.77%[19] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,394,592,249.34, an increase of 11.80% from the end of the previous year[6] - Total assets as of Q1 2022 amounted to ¥1,394.59 million, compared to ¥1,247.44 million in Q1 2021, indicating a growth of 11.83%[16] - Current liabilities increased to ¥417.68 million in Q1 2022 from ¥291.26 million in Q1 2021, marking a significant rise of 43.38%[15] - The company's equity attributable to shareholders increased to ¥954.88 million in Q1 2022 from ¥932.19 million in Q1 2021, a rise of 2.99%[16] Cash Flow - The net cash flow from operating activities was negative CNY 22,457,837.37, indicating a significant cash outflow[5] - Cash inflow from operating activities in Q1 2022 was 336,427,695.65 RMB, compared to 323,998,209.73 RMB in Q1 2021, reflecting an increase of about 3.93%[22] - The net cash flow from operating activities was -22,457,837.37 RMB in Q1 2022, an improvement from -74,317,705.07 RMB in Q1 2021[22] - Cash outflow from investing activities in Q1 2022 totaled 285,812,964.97 RMB, significantly higher than 39,958,284.63 RMB in Q1 2021, indicating increased investment activity[22] - The net cash flow from investing activities was -230,347,512.92 RMB in Q1 2022, worsening from -31,395,222.31 RMB in Q1 2021[22] - Cash inflow from financing activities was 24,260,000.00 RMB in Q1 2022, down from 74,100,000.00 RMB in Q1 2021, a decrease of approximately 67.32%[23] - The net cash flow from financing activities was 13,761,063.90 RMB in Q1 2022, a decrease from 36,074,548.76 RMB in Q1 2021[23] - The ending cash and cash equivalents balance for Q1 2022 was 192,366,780.70 RMB, compared to 74,773,011.93 RMB at the end of Q1 2021, showing a significant increase[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,276[10] - The largest shareholder, Zhang Jianwei, holds 62.70% of the shares, totaling 45,833,333 shares[10] Operating Costs and Expenses - Operating costs for Q1 2022 were ¥357.15 million, up from ¥341.99 million in Q1 2021, reflecting a year-over-year increase of 4.83%[17] - Research and development expenses for Q1 2022 were ¥7.99 million, compared to ¥7.47 million in Q1 2021, reflecting an increase of 7.03%[18] - The company reported a decrease in financial expenses, with interest expenses dropping to ¥530.63 thousand from ¥1,025.45 thousand year-over-year[18] - Other comprehensive income for Q1 2022 was reported at -¥31.51 thousand, compared to ¥88.66 thousand in Q1 2021, indicating a decline in this area[18] Government Subsidies - The company received government subsidies amounting to CNY 3,262,327.41 during the period, which are closely related to its normal business operations[7]