汇源通信(000586) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was ¥75,488,112.64, a decrease of 13.23% compared to ¥86,996,254.54 in the same period last year[4] - Net profit attributable to shareholders was ¥3,827,664.28, representing a 5.03% increase from ¥3,644,275.69 year-on-year[4] - The net profit for Q1 2022 was CNY 4,255,157.71, an increase of 3.2% compared to CNY 4,123,796.57 in Q1 2021[31] - The net profit attributable to the parent company was CNY 3,827,664.28, up from CNY 3,644,275.69, reflecting a growth of 5.0% year-over-year[31] - Operating profit for the quarter was CNY 4,620,473.75, slightly up from CNY 4,440,433.92 in the same period last year[30] - The total comprehensive income for Q1 2022 was CNY 4,255,157.71, compared to CNY 4,123,796.57 in the same period last year, indicating a growth of 3.2%[31] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly, reaching -¥1,959,986.31, an 84.96% increase compared to -¥13,031,558.69 in the previous year[4] - Operating cash flow for Q1 2022 was negative CNY 1,959,986.31, an improvement from negative CNY 13,031,558.69 in the same period last year[33] - The company reported cash inflows from operating activities of CNY 109,044,335.42, compared to CNY 85,947,458.24 in the previous year, marking a 27.0% increase[33] - Cash outflows from operating activities totaled CNY 111,004,321.73, up from CNY 98,979,016.93, indicating a rise of 12.9% year-over-year[33] - Total cash and cash equivalents at the end of Q1 2022 stood at CNY 68,275,994.33, down from CNY 80,249,159.43 at the end of Q1 2021[35] Assets and Liabilities - Total assets at the end of the reporting period were ¥533,268,109.33, up 3.51% from ¥515,200,766.05 at the end of the previous year[4] - Total liabilities increased to CNY 227,863,059.85 from CNY 214,050,874.28, marking a growth of 6.5%[28] - The company's retained earnings grew to CNY 22,919,643.11 from CNY 19,091,978.83, an increase of 20.8%[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,102[9] - The top 10 unrestricted shareholders hold a total of 40,000,000 shares from Guangzhou Huifu Qiji Investment Partnership and 27,273,330 shares from Beijing Dingyun Technology Development Co., Ltd[10] Government Support and Expenses - The company received government subsidies amounting to ¥1,041,168.13, a 60.91% increase compared to ¥647,030.90 in the previous year[6] - The company reported a significant decrease in financial expenses, down 76.86% to ¥97,203.08, attributed to the cessation of interest from a seven-day notice deposit[6] Other Financial Metrics - The company's basic earnings per share increased by 5.26% to ¥0.020 from ¥0.019 in the same period last year[4] - Research and development expenses for the quarter were CNY 6,402,674.88, up from CNY 5,626,522.28, indicating a focus on innovation[30] - Cash and cash equivalents at the end of the period were CNY 68,909,244.54, down from CNY 73,387,915.92 at the beginning of the year[26] - Accounts receivable increased to CNY 227,406,459.96 from CNY 226,185,305.92, indicating a slight growth in receivables[26] - Inventory rose to CNY 75,073,825.85, up from CNY 66,326,224.30, reflecting a 13.2% increase[26] Corporate Actions and Updates - The company approved a non-public offering of A-shares on September 23, 2021, which requires shareholder meeting approval[11] - The company’s controlling shareholder, Guangzhou Huifu Qiji, has committed to submit a major asset restructuring plan within 12 months from the completion of the share transfer[12] - As of the report date, the company has not received updates on the freezing of assets related to its controlling shareholder[15] - The court has frozen 29.6 million shares held by Huifu Qiji, valued at approximately 86,557,000 yuan[16] - The company has terminated its participation in the establishment of a merger fund as of February 15, 2022[23] - The company has not received any updates regarding the tender offer initiated by Anhui Hongxu New Energy Co., Ltd[22] Reporting Standards - The company’s financial statements as of March 31, 2022, are prepared and reported in yuan[25]