Financial Performance - The company's operating revenue for Q1 2022 was CNY 213,189,551.37, a decrease of 1.19% compared to CNY 215,767,057.39 in the same period last year[4] - Net profit attributable to shareholders increased by 17.18% to CNY 26,062,004.60 from CNY 22,241,737.39 year-on-year[4] - The company reported a basic earnings per share of CNY 0.24, down 14.29% from CNY 0.28 in the same period last year[5] - Operating profit for Q1 2022 was 29,614,274.83 CNY, up from 25,410,853.30 CNY in the same period last year, reflecting a growth of approximately 16.0%[26] - Net profit for Q1 2022 reached 26,062,004.60 CNY, compared to 22,241,737.39 CNY in Q1 2021, marking an increase of about 17.0%[26] Cash Flow - The net cash flow from operating activities improved significantly to CNY 13,431,962.15, a 264.57% increase from a negative CNY 8,161,756.44 in the previous year[5] - Cash flow from operating activities generated a net amount of 13,431,962.15 CNY in Q1 2022, a significant improvement compared to a net outflow of -8,161,756.44 CNY in Q1 2021[31] - The company’s cash flow from financing activities surged to CNY 382,195,712.98, a 119,396.67% increase compared to a negative CNY 320,374.17 in the previous year[12] - Investment activities resulted in a net cash outflow of -320,944,991.84 CNY in Q1 2022, compared to -12,714,465.32 CNY in Q1 2021, indicating increased investment activity[32] Assets and Liabilities - Total assets rose by 52.53% to CNY 985,565,548.53 compared to CNY 646,158,386.94 at the end of the previous year[5] - The total assets of the company reached CNY 985,565,548.53, up from CNY 646,158,386.94, indicating a growth of 52.5%[22] - The company's current assets increased to CNY 772,541,054.81 from CNY 429,316,418.84 at the beginning of the year, reflecting a growth of 80%[19] - The total liabilities decreased to CNY 99,599,720.66 from CNY 169,298,404.72, a reduction of 41%[22] - The company’s total liabilities decreased by 43.86% in accounts payable, reflecting payments made for construction projects[9] Equity and Reserves - The equity attributable to the parent company increased to CNY 885,965,827.87 from CNY 476,859,982.22, representing an increase of 85.5%[22] - The company reported a significant increase in capital reserve to CNY 531,524,002.70 from CNY 175,146,861.65, an increase of 203%[22] Expenses - The company’s sales expenses increased by 32.23% to CNY 886,144.56 as a result of increased marketing efforts to expand the market[10] - Research and development expenses increased to 7,569,275.73 CNY in Q1 2022 from 6,819,873.52 CNY in Q1 2021, indicating a rise of about 11.0%[30] Inventory and Receivables - Accounts receivable rose to CNY 184,223,890.19 from CNY 168,089,425.00, an increase of 9.6%[19] - Inventory decreased to CNY 118,253,542.55 from CNY 146,651,540.03, a decline of 19.4%[19] Other Information - The company has not disclosed any new product developments or market expansion strategies in the current report[16] - The first quarter report has not been audited[34] - The board meeting of Jiangsu Taimusi Textile Technology Co., Ltd. was held on April 21, 2022[35]
泰慕士(001234) - 2022 Q1 - 季度财报