ZYD(SH:900906)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 343,129,262.68, representing a year-on-year increase of 2.39%[5] - The net profit attributable to shareholders decreased by 20.97% to CNY 17,990,460.87 compared to the same period last year[5] - The basic and diluted earnings per share both stood at CNY 0.0168, reflecting a decline of 20.75% year-on-year[6] - The weighted average return on equity dropped by 43.23% to 12.75%, primarily due to a slight decrease in net profit compared to the previous period[6] - The total operating revenue for Q1 2022 was CNY 343,129,262.68, an increase from CNY 335,115,081.11 in Q1 2021, representing a growth of approximately 4.0%[19] - The net profit for Q1 2022 was CNY 17,990,460.87, down from CNY 22,763,603.83 in Q1 2021, indicating a decrease of approximately 21.0%[20] - The net profit attributable to the parent company shareholders for Q1 2022 was ¥17,990,460.87, a decrease from ¥22,763,603.83 in Q1 2021, representing a decline of approximately 21.5%[21] - The basic and diluted earnings per share for Q1 2022 were both ¥0.0168, down from ¥0.0212 in Q1 2021, indicating a decrease of about 20.7%[21] - The company reported a total comprehensive income of ¥17,990,460.87 for Q1 2022, which is a decrease from ¥22,763,603.83 in Q1 2021, reflecting a decline of approximately 21.5%[21] Cash Flow and Liquidity - The net cash flow from operating activities surged by 2,545.09% to CNY 122,822,521.70, attributed to increased cash receipts from sales and reduced bulk material purchases[8] - The company reported a significant increase in cash flow from operating activities, indicating improved liquidity and operational efficiency[8] - Cash inflow from operating activities for Q1 2022 was ¥342,446,158.48, compared to ¥316,042,943.38 in Q1 2021, reflecting an increase of approximately 8.3%[23] - The net cash flow from operating activities for Q1 2022 was ¥122,822,521.70, significantly higher than ¥4,643,418.86 in Q1 2021, marking an increase of over 2,500%[23] - Cash outflow for purchasing goods and services in Q1 2022 was ¥168,041,368.10, down from ¥230,409,619.02 in Q1 2021, a decrease of about 27%[23] - Cash inflow from financing activities in Q1 2022 was ¥28,311,000.00, up from ¥20,000,000.00 in Q1 2021, representing a growth of 41.6%[24] - The net cash flow from financing activities for Q1 2022 was -¥43,972,563.89, compared to -¥5,751,496.98 in Q1 2021, indicating a worsening of cash flow by approximately 664%[24] - The total cash and cash equivalents at the end of Q1 2022 were ¥182,641,749.81, an increase from ¥92,282,125.80 at the end of Q1 2021, representing a growth of about 97.8%[24] - The cash flow from other operating activities was significantly lower in Q1 2022 at ¥424,462.81 compared to ¥4,220,124.15 in Q1 2021, indicating a decrease of about 90%[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,364,406,452.45, a slight increase of 0.18% from the end of the previous year[6] - The company's total assets as of March 31, 2022, were CNY 1,364,406,452.45, slightly up from CNY 1,361,898,438.54 at the end of 2021[16] - The total liabilities decreased to CNY 1,214,059,534.92 in Q1 2022 from CNY 1,230,095,836.58 at the end of 2021, a reduction of about 1.3%[16] - The cash and cash equivalents increased to CNY 190,460,290.54 in Q1 2022 from CNY 113,887,518.26 at the end of 2021, showing a significant increase of approximately 67.2%[14] - The company's inventory decreased to CNY 176,551,873.51 in Q1 2022 from CNY 226,327,971.95 at the end of 2021, a decline of about 22.0%[15] - The long-term payables were CNY 732,009,267.98 in Q1 2022, slightly up from CNY 727,226,659.78 at the end of 2021, indicating a marginal increase[16] Shareholder Information - The top ten shareholders held a total of 52,074 shares, with the largest shareholder owning 24.27% of the shares[10] - The company received government subsidies amounting to CNY 1,175,700.17, which were included in the current period's profit[7] Audit and Compliance - The company did not conduct an audit for the Q1 financial statements, which may affect the reliability of the reported figures[4] - The company plans to continue monitoring the asset disposal progress of its subsidiary, ensuring compliance with commitments to protect shareholder interests[13] - The company has completed the disposal of its 51% stake in a subsidiary, with no actual disposal gains realized after deducting related costs[12]