China Catalyst (SH:688267)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥178,348,581.69, representing a year-on-year increase of 1.89%[5] - The net profit attributable to shareholders decreased by 17.03% to ¥33,342,882.13 compared to the same period last year[5] - Basic and diluted earnings per share were both ¥0.23, down 23.33% year-on-year[6] - Total operating revenue for Q1 2022 was CNY 178,348,581.69, a slight increase of 1.32% compared to CNY 175,044,834.66 in Q1 2021[19] - Net profit for Q1 2022 was CNY 33,342,882.13, a decrease of 17.2% from CNY 40,185,804.98 in Q1 2021[20] - Earnings per share for Q1 2022 were CNY 0.23, down from CNY 0.30 in Q1 2021[21] Assets and Liabilities - Total assets increased by 134.63% to ¥3,070,752,167.12 compared to the end of the previous year[6] - As of March 31, 2022, total assets reached RMB 3,070,752,167.12, a significant increase from RMB 1,308,763,280.58 on December 31, 2021, indicating a growth of approximately 134%[15] - Total liabilities as of Q1 2022 amounted to CNY 486,907,194.32, an increase from CNY 475,965,618.42 in the previous year[18] - The company reported a total current liabilities of RMB 171,755,155.84, up from RMB 152,300,572.00, indicating an increase of around 13%[16] Cash Flow - Cash flow from operating activities was positive, with a notable increase in cash and cash equivalents due to fundraising activities[9] - Cash flow from operating activities in Q1 2022 was CNY 95,845,311.95, a decrease of 34% compared to CNY 145,161,843.65 in Q1 2021[23] - The net cash flow from operating activities was -$9,069,599.77, compared to $53,978,443.63 in the previous period[24] - Total cash inflow from financing activities was $1,739,437,044.93, significantly higher than $31,605,551.66 in the prior period[25] - The net increase in cash and cash equivalents was $1,083,767,029.72, compared to $53,296,309.42 previously[25] - The ending balance of cash and cash equivalents was $1,118,308,259.97, up from $77,376,053.28 previously[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 7,871[10] - The largest shareholder, Zhongchumei Group Co., Ltd., held 26.12% of the shares, totaling 46,031,000 shares[11] - The top ten shareholders include major investment funds, with the largest holding being 1,621,001 shares by China Construction Bank[13] Research and Development - The company's R&D investment totaled ¥10,367,002.59, accounting for 5.81% of operating revenue, an increase of 1.05 percentage points[6] - Research and development expenses for Q1 2022 were CNY 10,367,002.59, an increase of 24.5% from CNY 8,330,854.54 in Q1 2021[19] Operational Challenges - The company experienced increased costs in raw materials, energy, and transportation, impacting net profit margins[9] - The company has not disclosed any new product or technology developments during this quarter[14] - There are no significant mergers or acquisitions reported in this quarter[14] - The company has not provided specific future guidance or market expansion strategies in the current report[14]