KDXC(SZ:002669)2022-04-29 16:00Financial Performance - The company's revenue for Q1 2022 was ¥598,664,229.98, representing a 54.84% increase compared to ¥386,637,642.50 in the same period last year[3] - The net profit attributable to shareholders was a loss of ¥10,396,127.38, a decline of 134.40% from a profit of ¥30,221,561.79 in the previous year[3] - The net profit for the current period was a loss of ¥10.37 million, compared to a profit of ¥29.93 million in the previous period, reflecting a decline of approximately 134.6%[26] - The total comprehensive income attributable to the parent company was -10,396,502.66 yuan, compared to 30,223,829.61 yuan in the previous period[27] - The basic and diluted earnings per share were both -0.041 yuan, down from 0.120 yuan in the previous period[27] Cash Flow - The net cash flow from operating activities was -¥75,340,459.93, a decrease of 132.54% compared to -¥32,399,406.26 in the same period last year[9] - Cash inflow from operating activities totaled 821,897,666.31 yuan, an increase from 488,383,554.56 yuan year-over-year[30] - The net cash flow from financing activities was 57,398,025.71 yuan, up from 13,710,005.52 yuan in the previous period[31] - The ending cash and cash equivalents balance was 239,814,843.14 yuan, down from 271,997,969.96 yuan at the end of the previous period[31] - The company reported a cash outflow of 765,149,942.55 yuan for purchasing goods and services, up from 370,236,584.03 yuan in the previous period[30] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,865,148,205.18, a 3.67% increase from ¥3,728,378,644.05 at the end of the previous year[3] - The total liabilities increased to ¥1.57 billion from ¥1.44 billion, indicating a rise of about 9.1%[23] - Current assets totaled ¥2.36 billion, compared to ¥2.25 billion at the beginning of the year, representing a growth of about 5.0%[22] - The company's inventory rose to ¥469.57 million from ¥379.04 million, reflecting an increase of approximately 23.8%[22] - The total equity attributable to shareholders increased slightly to ¥2.28 billion from ¥2.26 billion, a growth of about 0.7%[23] Operating Costs and Expenses - The gross profit margin decreased due to a 79.37% increase in operating costs, which reached ¥521,260,907.88 compared to ¥290,599,889.74 in the previous year[7] - Total operating costs amounted to ¥605.20 million, up from ¥361.26 million, indicating an increase of about 67.5%[25] - Research and development expenses increased by 30.74% to ¥23,809,083.90 from ¥18,210,497.03 year-on-year, indicating a focus on innovation[7] - Research and development expenses increased to ¥23.81 million from ¥18.21 million, marking a rise of about 30.5%[26] Shareholder Information - The total number of common shareholders at the end of the reporting period was 20,829[11] - The largest shareholder, Tangshan Jin控产业孵化器集团有限公司, holds 24.99% of shares, totaling 63,095,200 shares[11] - The company’s total number of preferred shareholders is zero, indicating no preferred shares outstanding[13] - The third employee stock ownership plan involves 3,899,100 shares, accounting for 1.5442% of the total share capital[17] Investments and Financing - The company plans to raise up to 700 million RMB through a non-public offering of A-shares, down from a previous cap of 750 million RMB[13] - Shanghai Kangxia Technology Co., Ltd. has invested 5 million RMB to acquire a 10% stake in Hefei Donghua Composite Technology Co., Ltd.[19] - The company has completed the transfer of 60% equity in Tianjin Yiyuantong International Trade Co., Ltd. for 18.15 million RMB[18] Other Information - The company reported a significant increase in prepayments, which rose by 92.95% to ¥87,345,831.28, primarily due to increased raw material procurement[6] - The company experienced a 318.66% increase in net cash flow from financing activities, amounting to ¥57,398,025.71, attributed to increased short-term bank loans[9] - The company did not conduct an audit for the first quarter report[32]