奥维通信(002231) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥53,813,989.70, a decrease of 58.32% compared to ¥129,114,217.21 in the same period last year[3] - The net profit attributable to shareholders for Q1 2022 was ¥3,119,675.54, down 72.62% from ¥11,395,560.47 year-on-year[3] - The net cash flow from operating activities was -¥7,532,412.60, a decline of 117.49% compared to ¥43,057,908.87 in the previous year[3] - Total operating revenue for Q1 2022 was CNY 53,813,989.70, a decrease of 58.3% compared to CNY 129,114,217.21 in the same period last year[19] - Net profit for Q1 2022 was CNY 3,119,675.54, a decline of 72.6% compared to CNY 11,395,560.47 in Q1 2021[20] - Basic and diluted earnings per share for Q1 2022 were both CNY 0.0090, down from CNY 0.0319 in the previous year[21] - Cash flow from operating activities showed a net outflow of CNY 7,532,412.60, compared to a net inflow of CNY 43,057,908.87 in Q1 2021[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥636,656,916.56, a decrease of 6.41% from ¥680,266,861.85 at the end of the previous year[3] - As of March 31, 2022, the company's cash and cash equivalents amounted to RMB 172.48 million, a decrease from RMB 180.23 million at the beginning of the year, representing a decline of approximately 4.13%[15] - Accounts receivable decreased from RMB 178.92 million at the beginning of the year to RMB 164.65 million, reflecting a reduction of about 7.95%[16] - Inventory decreased from RMB 207.18 million to RMB 191.77 million, indicating a decline of approximately 7.43%[16] - The total assets of the company as of March 31, 2022, were RMB 636.66 million, down from RMB 680.27 million at the beginning of the year, representing a decrease of about 6.43%[16] - The company's total liabilities decreased from RMB 277.24 million to RMB 230.51 million, a reduction of approximately 16.87%[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 34,359, with no preferred shareholders[8] - The largest shareholder, Ruili City Ruili Bay Tourism Development Co., Ltd., held 23.42% of the shares, amounting to 81,225,000 shares, all of which were pledged[9] Strategic Plans and Governance - The company plans to use idle self-owned funds not exceeding RMB 100 million to purchase financial products, including bank principal-protected structured deposits and treasury reverse repurchase products, to improve fund utilization efficiency and returns[10] - The company plans to apply for a comprehensive credit facility of up to RMB 180 million from banks to support business expansion and strategic implementation[12] - The company completed the election of the sixth board of directors and supervisory board on April 11, 2022, ensuring governance continuity[13] - The company will continue to monitor the bankruptcy proceedings of its controlling shareholder, which is not expected to have a significant impact on its daily operations[11] Other Financial Metrics - The weighted average return on equity was 0.77%, down from 2.61% in the same period last year, reflecting a decrease of 1.84%[3] - The company reported a 100% decrease in investment income compared to the previous year, primarily due to the absence of gains from treasury bond reverse repurchase products[6] - Other income increased by 303.23% year-on-year, mainly due to an increase in government subsidies received during the reporting period[6] - The company experienced a 58.99% decrease in operating costs, aligning with the decline in revenue due to the impact of the domestic pandemic on project delivery and acceptance[6] - The company reported a significant increase in credit impairment losses, totaling CNY 5,034,997.75, compared to CNY 3,387,233.83 in the previous year[19] Operational Updates - The company did not report any new product launches or technological advancements during this quarter[24] - There were no significant mergers or acquisitions reported in the first quarter of 2022[24] - The first quarter report was not audited[24]