IRON TECH(SH:688329)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 43,109,552.26, representing a year-on-year increase of 7.91%[5] - The net profit attributable to shareholders was CNY -393,057.54, a decrease of 106.67% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -1,855,938.84, down 132.68% year-on-year[5] - Total revenue for Q1 2022 was CNY 43,109,552.26, an increase of 5.8% compared to CNY 39,949,459.16 in Q1 2021[18] - Total operating costs for Q1 2022 were CNY 46,943,846.78, up 10.4% from CNY 42,460,385.47 in Q1 2021[19] - Operating profit for Q1 2022 was a loss of CNY 478,604.53, compared to a profit of CNY 5,620,032.34 in Q1 2021[19] - Net profit for Q1 2022 was a loss of CNY 877,212.95, down from a profit of CNY 4,154,655.62 in Q1 2021[20] - Basic and diluted earnings per share for Q1 2022 were both CNY -0.01, compared to CNY 0.10 in Q1 2021[21] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,204,561,410.05, an increase of 5.69% from the end of the previous year[6] - Total assets as of Q1 2022 were CNY 1,204,561,410.05, an increase from CNY 1,139,692,222.35 in the previous year[17] - Total liabilities for Q1 2022 were CNY 393,760,364.73, compared to CNY 332,554,858.78 in Q1 2021, reflecting a growth of 18.4%[17] - Non-current assets totaled CNY 507,204,253.39 in Q1 2022, up from CNY 443,858,525.78 in Q1 2021[17] - The total liabilities and equity structure remains stable, with no significant changes reported in the financial statements[15] Cash Flow - The net cash flow from operating activities was CNY 6,238,788.63, with no applicable comparison[6] - Cash flow from operating activities showed a significant decline, impacting liquidity and operational flexibility[21] - The net cash flow from operating activities for Q1 2022 was $6,238,788.63, compared to a negative $5,974,945.98 in Q1 2021, indicating a significant improvement[23] - Cash inflow from operating activities totaled $151,053,926.41 in Q1 2022, up from $97,643,895.27 in Q1 2021, representing a year-over-year increase of approximately 54.5%[22] - Cash outflow from operating activities increased to $144,815,137.78 in Q1 2022, compared to $103,618,841.25 in Q1 2021, reflecting a rise of about 39.8%[22] - Cash flow from investment activities showed a net inflow of $50,706,706.94 in Q1 2022, a recovery from a net outflow of $28,077,537.53 in Q1 2021[23] - Cash inflow from investment activities reached $133,014,779.44 in Q1 2022, significantly higher than $10,025,315.07 in Q1 2021[23] - The company reported a cash balance of $206,477,561.64 at the end of Q1 2022, down from $396,036,913.67 at the end of Q1 2021[23] - Total cash outflow from financing activities was $2,380,609.46 in Q1 2022, compared to $31,158,323.04 in Q1 2021, indicating a decrease of approximately 92.4%[23] - The company’s cash flow from financing activities resulted in a net outflow of $2,344,953.73 in Q1 2022, contrasting with a net inflow of $273,806,687.66 in Q1 2021[23] Shareholder Information - The company had a total of 4,335 common shareholders at the end of the reporting period[10] - The top three shareholders held a combined 46.97% of the company's shares, with Zhang Yinhua holding 29.86%[10] - The company reported a total of 4,745,000 shares held by major shareholder Wen Qingnan, representing a significant stake in the company[12] - The top ten shareholders collectively hold a substantial number of shares, with the largest being Zhuhai Longmen Capital Management Co., Ltd. at 3,865,000 shares[12] Research and Development - Research and development expenses totaled CNY 6,249,043.84, accounting for 14.50% of operating revenue, a decrease of 3.89 percentage points year-on-year[6] - The company has not disclosed any new product developments or market expansion strategies during this reporting period[13]