正弦电气(688395) - 2022 Q1 - 季度财报

Financial Performance - Operating revenue for Q1 2022 was CNY 91,233,730.20, a decrease of 4.09% compared to the same period last year[3] - Net profit attributable to shareholders was CNY 14,289,410.79, down 3.45% year-on-year[3] - Basic earnings per share decreased by 26.09% to CNY 0.17 due to an increase in share capital from new stock issuance in April 2021[6] - The company reported a net profit of CNY 12,651,480.45 for Q1 2022, compared to CNY 16,320,651.40 in Q1 2021, representing a decrease of 22.5%[16] - In Q1 2022, the company's net profit was CNY 14,289,410.79, a decrease from CNY 14,799,639.36 in Q1 2021, representing a decline of approximately 3.4%[17] - The total operating profit for Q1 2022 was CNY 16,474,923.91, slightly down from CNY 16,595,740.83 in the same period last year[17] - Total revenue for Q1 2022 was ¥30,672,849.22, a decrease of 74.0% compared to ¥117,998,063.87 in Q1 2021[25] - Net profit for Q1 2022 was ¥11,224,720.28, down 41.8% from ¥19,253,269.64 in Q1 2021[26] Cash Flow - Net cash flow from operating activities increased significantly by 190.18% to CNY 9,819,551.96[6] - Cash flow from operating activities generated a net inflow of CNY 9,819,551.96, compared to a net outflow of CNY 10,888,462.86 in Q1 2021, indicating a significant improvement[20] - The net cash flow from investment activities was CNY 22,312,307.26, compared to a net outflow of CNY 1,150,687.18 in the previous year, showing a positive turnaround[20] - The company reported cash inflows from investment activities totaling CNY 276,063,525.65 in Q1 2022, a substantial increase from CNY 39,289,398.40 in Q1 2021[20] - The company's cash and cash equivalents at the end of Q1 2022 stood at CNY 208,223,456.23, up from CNY 41,624,556.41 at the end of Q1 2021[21] - The net cash flow from operating activities was $11,184,852.16, a significant improvement compared to a net outflow of $13,954,589.07 in the previous year, representing a turnaround of approximately 180%[28] - Total cash inflow from investment activities reached $219,855,398.66, a substantial increase from $39,289,398.40 in the same quarter last year, marking a growth of about 460%[28] - The net cash flow from investment activities was $5,850,999.66, up from $1,042,352.40, indicating an increase of approximately 461% year-over-year[28] - The total cash increase for the period was $16,757,494.61, compared to a decrease of $12,827,762.47 in the same quarter last year, marking a significant turnaround[28] Assets and Liabilities - Total assets at the end of the reporting period were CNY 765,733,077.54, a decrease of 5.71% from the end of the previous year[4] - Total assets as of March 31, 2022, were CNY 765,733,077.54, down from CNY 812,120,751.66 at the end of Q1 2021[16] - Total current assets decreased to ¥661,422,396.29 from ¥681,712,069.33[22] - Total liabilities decreased to CNY 92,547,659.01 in Q1 2022 from CNY 153,224,743.92 in Q1 2021, a reduction of 39.5%[15] - The total equity increased to ¥689,955,878.41 from ¥678,731,158.13[24] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 4,584[8] - The top shareholder, Tu Conghuan, holds 32.04% of the shares, totaling 27,551,280 shares[8] Research and Development - R&D investment totaled CNY 5,304,546.08, accounting for 5.81% of operating revenue, an increase of 0.08 percentage points[4] - Research and development expenses for Q1 2022 were ¥2,951,247.05, down from ¥3,634,304.37 in Q1 2021[25] Other Financial Metrics - The weighted average return on equity decreased by 2.58 percentage points to 2.15%[6] - Non-recurring gains and losses totaled CNY 1,500,777.71 for the period[6] - The total profit before tax for Q1 2022 was CNY 16,419,714.66, down from CNY 16,765,970.45 in the same quarter of the previous year[17] - The company incurred credit impairment losses of CNY 747,470.55 in Q1 2022, a significant improvement compared to a loss of CNY 2,420,726.30 in Q1 2021[17] - Cash and cash equivalents as of March 31, 2022, were CNY 215,149,442.71, compared to CNY 205,256,178.06 at the end of Q1 2021[13] - Accounts receivable increased to CNY 106,805,064.29 in Q1 2022 from CNY 97,913,004.83 in Q1 2021, indicating a rise of 9.1%[14] - Inventory decreased to CNY 88,566,538.66 in Q1 2022 from CNY 103,955,749.53 in Q1 2021, a decline of 14.7%[14]