UIGreen(SH:688661)2022-04-28 16:00Financial Performance - The company's revenue for Q1 2022 was CNY 90.44 million, representing a slight increase of 0.22% compared to the same period last year[3]. - Net profit attributable to shareholders decreased by 43.09% to CNY 19.33 million, primarily due to increased R&D expenses and higher costs of MEMS series products[5]. - Basic and diluted earnings per share were both CNY 0.2416, down by 57.31% year-on-year due to reduced net profit[5]. - Total operating revenue for Q1 2022 was CNY 90,441,772.94, a slight increase from CNY 90,244,075.86 in Q1 2021[16]. - Net profit for Q1 2022 was CNY 19,326,263.26, compared to CNY 33,957,258.43 in Q1 2021, reflecting a decrease of 43.3%[17]. - Operating profit decreased to CNY 21,351,686.19 in Q1 2022 from CNY 39,316,251.50 in Q1 2021, a decline of 45.4%[25]. - The company reported a total comprehensive income of CNY 19,020,823.76 for Q1 2022, down from CNY 33,957,258.43 in Q1 2021[18]. Research and Development - R&D investment totaled CNY 10.70 million, which is an increase of 149.01% year-on-year, accounting for 11.83% of total revenue, up by 7.07 percentage points[3][5]. - Research and development expenses for Q1 2022 amounted to CNY 10,696,764.93, significantly higher than CNY 4,295,798.97 in Q1 2021, indicating a 148.5% increase[17]. - The company is focusing on expanding its market presence and developing new technologies[10]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -0.55 million, a decline of 101.88% compared to the previous year[5]. - In Q1 2022, the company reported a net cash flow from operating activities of -549,900.85 RMB, a significant decrease compared to 29,190,650.60 RMB in Q1 2021[20]. - Cash flow from operating activities showed a net outflow of CNY -532,816.37 in Q1 2022, contrasting with a net inflow of CNY 29,190,650.60 in Q1 2021[27]. - The company reported cash and cash equivalents of CNY 82,740,015.04 at the end of Q1 2022, down from CNY 368,454,498.13 at the end of Q1 2021[27]. - Total cash inflow from investment activities was 228,930,543.39 RMB, while cash outflow was 238,315,734.11 RMB, resulting in a net cash flow from investment activities of -9,385,190.72 RMB[20]. - The company experienced a net cash outflow from investing activities of CNY -9,385,190.72 in Q1 2022, compared to CNY -9,665,725.59 in Q1 2021[27]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 697.08 million, reflecting a slight increase of 0.24% from the end of the previous year[4]. - Total liabilities for Q1 2022 were CNY 106,863,116.92, down from CNY 124,267,580.58 in Q1 2021, a decrease of 14.0%[14]. - The company's total non-current assets were CNY 241,246,645.59, an increase from CNY 219,292,441.47 in Q1 2021[14]. - The company's total current assets decreased to 451,100,356.15 RMB in Q1 2022 from 471,082,226.51 RMB in Q4 2021[23]. - The company's accounts receivable increased to 85,230,331.03 RMB in Q1 2022 from 73,398,760.27 RMB in Q4 2021, indicating a growth of approximately 16.5%[23]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 5,511[8]. - The largest shareholder, Luo Xingshun, holds 30,600,000 shares, accounting for 38.25% of total shares[8]. - The total number of shares held by the top 10 shareholders includes significant stakes from domestic individuals and partnerships[9]. - The company has a total of 3,000,000 shares held by the Ganzhou Lanshi Venture Capital Partnership[9]. Other Comprehensive Income - Other comprehensive income increased by 769.7%, mainly due to foreign currency translation differences[5]. - Employee compensation payments rose to 25,329,684.89 RMB in Q1 2022, compared to 16,689,314.06 RMB in Q1 2021, reflecting a year-over-year increase of about 51.5%[20]. - The company recorded a significant increase in sales expenses, which rose to CNY 2,598,089.05 in Q1 2022 from CNY 1,630,183.50 in Q1 2021, an increase of 59.5%[25].