CRUN(SZ:002272)2022-04-26 16:00Financial Performance - The company's revenue for Q1 2022 was CNY 377,225,703.14, representing a 12.88% increase compared to CNY 334,197,344.09 in the same period last year[3] - Net profit attributable to shareholders decreased by 39.14% to CNY 9,713,419.82 from CNY 15,960,263.58 year-on-year[3] - The net profit for the first quarter of 2022 was CNY 9,803,358.85, a decrease of 44.5% compared to CNY 17,599,390.73 in the same period last year[21] - The total profit for the first quarter was CNY 9,928,838.61, down 49.9% from CNY 19,813,605.75 year-over-year[21] - The basic earnings per share for the first quarter were CNY 0.0226, compared to CNY 0.0374 in the previous year, reflecting a decline of 39.5%[22] - The total comprehensive income for the first quarter was CNY 9,802,425.05, down 44.3% from CNY 17,599,630.68 year-over-year[22] Operating Activities - The net cash flow from operating activities improved by 79.98%, reaching CNY -23,956,915.93 compared to CNY -119,666,718.68 in the previous year[3] - Cash flow from operating activities showed a net outflow of CNY 23,956,915.93, an improvement from a net outflow of CNY 119,666,718.68 in the same quarter last year[25] Assets and Liabilities - Total assets increased by 4.31% to CNY 3,132,442,670.41 from CNY 3,002,924,432.72 at the end of the previous year[3] - The total assets of the company reached RMB 3,132,442,670.41, up from RMB 3,002,924,432.72, indicating an increase of 4.3%[19] - The total liabilities increased to RMB 1,643,506,464.70 from RMB 1,514,262,621.65, which is an increase of 8.5%[18] Cash and Equivalents - The company's cash and cash equivalents increased to RMB 382,911,327.21 from RMB 322,908,177.39, representing a growth of 18.6%[16] - Cash and cash equivalents at the end of the period increased to CNY 284,131,366.15, up from CNY 88,950,510.98 at the end of the previous year[26] Costs and Expenses - The total operating costs for Q1 2022 amounted to RMB 378,450,669.53, up from RMB 314,139,232.44, reflecting a significant increase of 20.5%[19] - The company experienced a 64.57% increase in taxes payable, primarily due to an increase in value-added tax[9] - The net profit margin for Q1 2022 was impacted by increased operating costs, with a notable rise in sales and management expenses[19] - Research and development expenses decreased by 54.83%, indicating a reduction in investment in this area[9] - The company reported a decrease in research and development expenses to RMB 6,050,424.79 from RMB 13,395,539.76, a reduction of 54.9%[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 36,533[12] Investments and Acquisitions - The company acquired 25% minority equity in Ousheng Hydraulic, making it a wholly-owned subsidiary[8] Other Financial Activities - The company reported cash inflows from financing activities of CNY 217,015,500.00, an increase of 28.7% compared to CNY 168,533,265.00 in the previous year[25] - The company recorded a cash outflow from investment activities of CNY 19,075,666.08, compared to CNY 11,271,036.35 in the same period last year[25] - The company did not report any net profit from mergers under common control during the period[22]