Bayi Space(SH:688181)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥258,489,628.24, representing a year-on-year increase of 24.47%[5] - The net profit attributable to shareholders for the same period was ¥62,695,655.94, reflecting a growth of 29.71% compared to the previous year[5] - The basic earnings per share (EPS) was reported at ¥0.65, which is an increase of 30.00% year-on-year[5] - Total operating revenue for Q1 2022 was RMB 258,489,628.24, an increase from RMB 207,668,179.67 in Q1 2021, representing a growth of approximately 24.5%[17] - Net profit for Q1 2022 reached ¥62,695,655.94, representing a 29.8% increase from ¥48,334,094.12 in Q1 2021[19] - The total profit for Q1 2022 was ¥73,275,660.33, up 29.0% from ¥56,825,198.90 in Q1 2021[18] Research and Development - Research and development (R&D) expenses totaled ¥15,345,473.22, marking a significant increase of 54.11%[6] - The R&D expenses accounted for 5.94% of the operating revenue, up by 1.15 percentage points from the previous year[6] - The company incurred research and development expenses of ¥15,345,473.22 in Q1 2022, an increase of 54.1% from ¥9,957,436.41 in Q1 2021[18] Cash Flow and Assets - The net cash flow from operating activities was negative at -¥9,385,258.31, a decline of 142.73% year-on-year, primarily due to increased inventory and strategic stockpiling of raw materials[8] - Cash and cash equivalents decreased to RMB 179,561,476.26 from RMB 222,066,884.41, a decline of about 19.1%[13] - The net cash flow from operating activities for Q1 2022 was -¥9,385,258.31, a decrease from ¥21,962,449.98 in Q1 2021[22] - The company reported a net cash outflow from investing activities of -¥26,678,470.98 in Q1 2022, down from ¥58,021,047.88 in Q1 2021[23] Balance Sheet - Total assets at the end of the reporting period were ¥2,184,093,685.36, a slight increase of 1.21% from the end of the previous year[6] - Current assets totaled RMB 1,517,886,294.57, up from RMB 1,496,860,463.85 at the end of 2021, indicating a growth of approximately 1.9%[14] - Total liabilities decreased to RMB 314,569,541.81 from RMB 321,209,138.10, a reduction of approximately 2.1%[15] - The company's equity attributable to shareholders increased to RMB 1,869,524,143.55 from RMB 1,836,685,096.45, reflecting a growth of about 1.8%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 9,809[10] - The top shareholder, Zhao Lei, holds 20.38% of the shares, totaling 19,657,052 shares[10] Other Information - The company reported a net profit margin improvement, although specific figures were not disclosed in the provided content[16] - No significant new product launches or technological advancements were mentioned in the conference call content[12] - The company experienced a foreign exchange impact of ¥1.47 on cash and cash equivalents in Q1 2022, compared to ¥0.26 in Q1 2021[23]