MZT(SH:688355)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥161,097,365.18, representing a slight increase of 0.05% compared to the same period last year[5]. - Net profit attributable to shareholders decreased by 48.34% to ¥15,123,300.20, primarily due to increased costs from raw materials and shipping[5][9]. - The net profit after deducting non-recurring gains and losses fell by 60.36% to ¥11,238,847.18[5]. - Total operating revenue for Q1 2022 was ¥161,097,365.18, a slight increase from ¥161,022,393.46 in Q1 2021, representing a growth of 0.05%[18]. - Net profit for Q1 2022 was ¥15,123,300.20, down 48.30% from ¥29,274,859.65 in Q1 2021[19]. - Operating profit decreased to ¥15,513,237.54 in Q1 2022 from ¥35,244,757.51 in Q1 2021, a decline of 56.01%[18]. - The company reported a total comprehensive income of ¥15,614,479.60 in Q1 2022, down from ¥29,983,604.29 in Q1 2021, a decrease of 47.83%[19]. - Basic and diluted earnings per share for Q1 2022 were both ¥0.12, down from ¥0.32 in Q1 2021, a decline of 62.50%[19]. Cash Flow - Cash flow from operating activities increased significantly by 313.28% to ¥9,289,805.01, attributed to improved collection of receivables[5][9]. - Cash flow from operating activities generated a net amount of ¥9,289,805.01 in Q1 2022, compared to a net outflow of ¥4,355,697.13 in Q1 2021[21]. - Cash flow from investing activities resulted in a net outflow of ¥19,218,842.30 in Q1 2022, worsening from a net outflow of ¥4,124,169.06 in Q1 2021[22]. - Cash flow from financing activities showed a net outflow of ¥772,888.07 in Q1 2022, compared to a larger net outflow of ¥17,520,841.22 in Q1 2021[22]. - The company's cash and cash equivalents decreased to CNY 152,538,806.18 from CNY 167,964,114.65, reflecting a decline of approximately 9.5%[13]. - The cash and cash equivalents at the end of Q1 2022 stood at ¥115,508,802.96, a decrease from ¥112,088,669.85 at the end of Q1 2021[22]. Research and Development - Total R&D investment reached ¥14,016,521.69, an increase of 82.73% year-on-year, reflecting the company's commitment to innovation[6][9]. - R&D expenses accounted for 8.70% of operating revenue, up by 3.94 percentage points compared to the previous year[6]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥1,418,245,887.80, a 0.94% increase from the end of the previous year[6]. - As of March 31, 2022, the total current assets amounted to CNY 1,173,289,037.41, a slight increase from CNY 1,163,842,851.24 at the end of 2021[14]. - The total liabilities decreased to CNY 327,509,138.26 from CNY 331,214,756.38, indicating a reduction of approximately 1.1%[15]. - The total assets increased to CNY 1,418,245,887.80 from CNY 1,405,076,090.74, showing a growth of about 0.9%[15]. - The company's retained earnings rose to CNY 270,775,222.65 from CNY 255,651,922.45, marking an increase of approximately 5.9%[15]. - The inventory increased to CNY 180,306,146.42 from CNY 163,339,663.49, reflecting a growth of about 10.4%[13]. - The total non-current assets amounted to CNY 244,956,850.39, a slight increase from CNY 241,233,239.50[14]. - The company's short-term borrowings decreased to CNY 35,423,500.00 from CNY 36,192,255.82, indicating a decline of about 2.1%[14]. - The total equity attributable to shareholders increased to CNY 1,090,736,749.54 from CNY 1,073,861,334.36, reflecting a growth of approximately 1.6%[15]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 4,020[11]. - The top shareholder, Wu Qinfang, holds 34.44% of the shares, totaling 42,386,358 shares[11]. Performance Metrics - The weighted average return on equity decreased to 1.40%, down by 4.84 percentage points year-on-year[6].