PRCO(SZ:002225)2022-04-19 16:00Financial Performance - The company's revenue for Q1 2022 was ¥1,138,651,820.18, representing a 9.92% increase compared to ¥1,035,901,537.97 in the same period last year[3] - Net profit attributable to shareholders decreased by 4.93% to ¥74,756,791.39 from ¥78,631,877.41 year-on-year[3] - The company reported a significant increase in investment income, up 1739.81% year-on-year, due to gains from the disposal of a subsidiary[8] - Net profit for the current period was ¥71,990,630.66, down 8.3% from ¥78,936,221.69 in the previous period[19] - Basic earnings per share decreased to ¥0.07 from ¥0.08, indicating a decline of 12.5%[20] Cash Flow - The net cash flow from operating activities was negative at -¥233,072,270.92, a decline of 99.66% compared to -¥116,732,069.16 in the previous year[3] - Cash flow from operating activities showed a net outflow of ¥233,072,270.92, worsening from a net outflow of ¥116,732,069.16 in the previous period[23] - Cash flow from investing activities generated a net inflow of ¥93,290,167.43, compared to a net inflow of ¥38,942,803.82 in the previous period[23] - Cash flow from financing activities resulted in a net inflow of ¥148,284,104.52, down from ¥217,434,379.44 in the previous period[23] - The ending cash and cash equivalents balance was ¥338,142,406.62, a decrease from ¥401,768,507.93 in the previous period[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥7,159,517,458.96, up 1.27% from ¥7,069,820,760.96 at the end of the previous year[3] - Total assets reached CNY 7,159,517,458.96, an increase from CNY 7,069,820,760.96 at the beginning of the year[16] - Current assets totaled CNY 4,831,154,721.19, up from CNY 4,649,542,401.66 at the start of the year[14] - Total liabilities amounted to CNY 3,894,337,522.15, compared to CNY 3,830,321,419.14 at the beginning of the year[16] - Short-term borrowings increased to CNY 527,150,000.00 from CNY 444,953,087.85[15] Expenses - Research and development expenses increased by 43.19% year-on-year, indicating a stronger focus on innovation[8] - Research and development expenses increased to ¥43,097,865.51, a rise of 43.2% from ¥30,098,183.88 in the previous period[19] - The company experienced a 34.25% increase in selling expenses, attributed to market expansion efforts[8] - Total operating costs amounted to ¥1,063,182,609.23, up from ¥940,284,761.08, reflecting a year-over-year increase of 13.1%[18] Shareholder Information - The number of common shareholders at the end of the reporting period was 42,687[11] - Total equity reached CNY 3,265,179,936.81, up from CNY 3,239,499,341.82 at the start of the year[16] Inventory and Receivables - Accounts receivable increased to CNY 1,616,222,110.63 from CNY 1,452,827,440.92[14] - Inventory levels were CNY 1,612,954,912.35, slightly up from CNY 1,604,127,360.96[14] - The company reported a significant increase in prepayments, which rose to CNY 178,471,413.79 from CNY 98,646,286.34[14] Audit Information - The company did not undergo an audit for the first quarter report[24]