NETSUN(SZ:002095)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥126,642,185.81, a decrease of 7.62% compared to ¥137,095,535.53 in the same period last year[3] - The net profit attributable to shareholders for Q1 2022 was ¥5,834,641.57, down 17.50% from ¥7,072,341.63 year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥2,870,802.45, a significant decline of 52.89% compared to ¥6,094,349.75 in the previous year[3] - Total operating revenue for Q1 2022 was CNY 129,811,962.21, a decrease of 7.4% from CNY 140,117,687.49 in Q1 2021[16] - Net profit for Q1 2022 was CNY 7,665,823.14, down 13.4% from CNY 8,857,097.34 in the same period last year[17] - Operating profit for Q1 2022 was CNY 10,685,856.43, a decline of 6.7% compared to CNY 11,450,180.22 in Q1 2021[17] - Total comprehensive income for Q1 2022 was CNY 7,537,899.89, a decrease from CNY 8,647,591.74 in the same period last year[17] Cash Flow and Assets - The net cash flow from operating activities was -¥56,240,873.79, representing a decrease of 71.54% from -¥32,786,593.83 in the same period last year[3] - Cash flow from operating activities showed a net outflow of CNY 56,240,873.79, worsening from a net outflow of CNY 32,786,593.83 in Q1 2021[19] - The company reported a significant decrease in cash received from sales, totaling CNY 145,194,815.84, down 23.7% from CNY 190,523,238.57 in Q1 2021[19] - The company incurred a net cash outflow from investing activities of CNY 74,300.02, compared to a net inflow of CNY 20,721,204.54 in the previous year[20] - Cash and cash equivalents decreased to 688,821,003.25 RMB from 749,226,807.21 RMB[12] - Cash and cash equivalents at the end of Q1 2022 were CNY 553,072,318.04, down from CNY 705,931,779.20 at the end of Q1 2021[20] Assets and Liabilities - The total assets at the end of Q1 2022 were ¥1,609,379,950.35, a slight decrease of 0.49% from ¥1,617,283,488.52 at the end of the previous year[3] - Total current assets amount to 1,438,804,511.31 RMB, a slight decrease from 1,447,039,650.46 RMB at the beginning of the year[12] - Total liabilities decreased to 439,000,594.65 RMB from 454,442,032.71 RMB[14] - Total equity increased to 1,170,379,355.70 RMB from 1,162,841,455.81 RMB[14] - The equity attributable to shareholders increased by 0.63% to ¥912,465,338.36 from ¥906,758,620.04 at the end of the previous year[3] Inventory and Prepayments - The company reported a significant increase in prepayments by 121.04% to ¥27,481,889.04, attributed to the growth in supply chain business[6] - Inventory levels rose by 80.23% to ¥15,401,638.11, also due to increased supply chain activities[6] - Inventory increased significantly to 15,401,638.11 RMB from 8,545,630.02 RMB[13] - Accounts receivable increased to 5,772,154.17 RMB from 5,446,790.56 RMB[12] Shareholder Information - Total number of common shareholders at the end of the reporting period is 32,922[9] - Zhejiang Wangsheng Investment Management Co., Ltd. holds 45.77% of shares, totaling 115,662,511 shares[9] Research and Development - The company has ongoing research and development efforts for new products and technologies, although specific details were not disclosed in the report[10] - Research and development expenses increased to CNY 3,251,836.71, up 19.1% from CNY 2,727,826.44 in the previous year[16] Fair Value Gains - The company recorded a 18832.26% increase in fair value gains to ¥3,025,597.49, driven by the net asset increase of other non-current financial assets[6] Earnings Per Share - Basic earnings per share for Q1 2022 were CNY 0.02, compared to CNY 0.03 in Q1 2021[18] Audit Status - The first quarter report of Zhejiang Wangsheng Business Treasure Co., Ltd. is unaudited[21]