SHKK(SH:900943)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 179,002,475.46, representing a decrease of 6.53% compared to the same period last year[3]. - Net profit attributable to shareholders of the listed company reached CNY 8,440,101.50, a significant increase of 507.68% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 2,941,866.39, down 35.83% compared to the previous year[3]. - The basic earnings per share for the period was CNY 0.035, reflecting an increase of 483.33% year-on-year[3]. - The company reported a net cash flow from operating activities of CNY -17,377,534.45, which is not applicable for comparison[3]. - Total operating revenue for Q1 2022 was ¥179,002,475.46, a decrease of 6.9% compared to ¥191,512,157.42 in Q1 2021[13]. - Net profit for Q1 2022 reached ¥7,320,355.27, compared to a net loss of ¥435,018.69 in Q1 2021, marking a significant turnaround[13]. - The profit attributable to shareholders of the parent company was ¥8,440,101.50 in Q1 2022, up from ¥1,388,901.35 in Q1 2021[13]. - Basic and diluted earnings per share for Q1 2022 were both ¥0.035, compared to ¥0.006 in Q1 2021[13]. - The company reported a total comprehensive income of ¥7,320,355.27 for Q1 2022, compared to ¥24,167.91 in Q1 2021[13]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,047,121,528.60, a decrease of 1.49% from the end of the previous year[3]. - Current assets decreased to CNY 407,472,925.84 from CNY 416,604,983.44, reflecting a decline of approximately 3.1%[10]. - Total liabilities decreased to CNY 499,818,566.71 from CNY 516,427,723.90, representing a reduction of about 3.2%[11]. - The company's cash and cash equivalents were CNY 148,449,189.59, down from CNY 173,503,223.58, indicating a decrease of approximately 14.5%[10]. - Total assets as of March 31, 2022, amounted to CNY 1,047,121,528.60, a decrease from CNY 1,062,971,330.52 as of December 31, 2021[10]. - Accounts receivable increased to CNY 127,396,628.75 from CNY 97,686,947.91, showing a growth of about 30.3%[10]. - Inventory decreased to CNY 85,518,764.76 from CNY 90,743,933.02, a decline of approximately 5.0%[10]. - The company reported a decrease in accounts payable from CNY 141,987,690.86 to CNY 131,208,713.29, a reduction of about 7.0%[11]. - Total equity increased slightly to CNY 547,302,961.89 from CNY 546,543,606.62, reflecting a marginal growth[11]. - The company’s retained earnings increased to CNY 222,233,819.90 from CNY 220,354,718.40, indicating a growth of approximately 0.8%[11]. Government Subsidies and Financial Activities - The company received government subsidies amounting to CNY 1,824,823.46, which are closely related to its normal business operations[4]. - The company incurred a financial expense of ¥1,442,664.33 in Q1 2022, compared to a financial income of ¥2,479,606.42 in Q1 2021[13]. - The company’s sales expenses decreased to ¥20,821,678.99 in Q1 2022 from ¥24,726,326.94 in Q1 2021, reflecting a cost control strategy[13]. Shareholder and Ownership Structure - The company has no significant related party transactions among the top shareholders, ensuring transparency in ownership structure[8]. - The weighted average return on equity was 1.59%, an increase of 1.32 percentage points compared to the end of the previous year[3]. - The equity attributable to shareholders of the listed company was CNY 537,310,591.98, an increase of 0.35% compared to the end of the previous year[3]. - The company experienced a 250.17% increase in notes receivable, indicating an increase in bank acceptance notes that were endorsed but not yet due at the end of the reporting period[6].