NFC(SZ:000758)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥1,408,803,162.02, a decrease of 11.98% compared to ¥1,600,470,575.14 in the same period last year[4] - The net profit attributable to shareholders was ¥89,251,144.06, down 3.76% from ¥92,733,982.09 year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥82,152,983.66, a decline of 9.38% compared to ¥90,661,236.16 in the previous year[4] - The net cash flow from operating activities was ¥95,358,446.23, a significant drop of 95.95% from ¥2,352,874,104.24 in the same period last year[4] - The basic earnings per share for the period was ¥0.0453, down 3.82% from ¥0.0471 in the same period last year[4] - The diluted earnings per share also stood at ¥0.0453, reflecting a 3.82% decrease compared to the previous year[4] - Net profit for the current period was ¥134,385,054.64, a decline of 10.5% compared to ¥150,131,798.73 in the previous period[21] - The company reported a total comprehensive income of ¥88,331,001.16, down from ¥179,216,061.60 in the previous period[21] - Earnings per share (basic and diluted) were both ¥0.0453, a decrease from ¥0.0471[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥18,290,166,938.58, a decrease of 3.70% from ¥18,993,212,910.28 at the end of the previous year[4] - Total assets decreased from CNY 18,993,212,910.28 at the beginning of the year to CNY 18,290,166,938.58 at the end of the period, a reduction of approximately 3.7%[15] - Current assets decreased from CNY 9,122,093,471.97 to CNY 8,483,628,409.61, representing a decline of about 7.0%[15] - Cash and cash equivalents decreased from CNY 3,399,331,867.29 to CNY 2,832,550,636.20, a decrease of approximately 16.7%[15] - Total liabilities decreased from CNY 10,537,013,944.80 to CNY 10,022,134,365.62, a reduction of approximately 4.9%[18] - Non-current liabilities decreased from CNY 5,627,722,308.23 to CNY 4,377,561,108.52, a decrease of about 22.2%[18] - Total equity decreased from CNY 8,456,198,965.48 to CNY 8,268,032,572.96, a decline of approximately 2.2%[18] Operating Costs and Expenses - Total operating costs decreased to ¥1,283,510,167.35, down 10.1% from ¥1,427,085,775.11[21] - Research and development expenses increased to ¥2,062,472.49, up 43.2% from ¥1,440,301.81[21] Cash Flow - Cash flow from operating activities generated a net amount of ¥95,358,446.23, significantly lower than ¥2,352,874,104.24 in the previous period[24] - Cash and cash equivalents at the end of the period decreased to ¥2,623,051,982.38 from ¥4,924,009,247.54[24] Other Financial Metrics - The company received government subsidies amounting to ¥556,266.43 during the reporting period[6] - The total non-recurring gains and losses amounted to ¥7,098,160.40 after accounting for tax effects and minority interests[6] - Investment income increased to ¥6,008,317.08, compared to ¥3,855,460.82 in the previous period[21] - The company experienced a significant increase in credit impairment losses, totaling ¥34,244,990.55, compared to a gain of ¥2,630,270.69 in the previous period[21] - Inventory decreased from CNY 1,741,985,459.90 to CNY 1,646,563,470.13, a reduction of about 5.5%[15] - Accounts receivable decreased from CNY 864,145,573.09 to CNY 824,121,300.08, a decrease of approximately 4.6%[15] - Contract liabilities increased from CNY 1,091,416,892.79 to CNY 1,155,470,207.72, an increase of about 5.9%[18]