Financial Performance - The company's operating revenue for Q1 2022 was ¥532,723,199.14, a decrease of 12.16% compared to ¥606,491,605.29 in the same period last year[3] - Net profit attributable to shareholders was ¥16,049,284.84, representing a significant increase of 2,561.26% from ¥603,071.91 year-on-year[3] - The company's operating profit for Q1 2022 was ¥17,752,209.09, a substantial increase of 1,424.21% compared to ¥1,164,682.28 in the same period last year[6] - Total revenue for Q1 2022 reached 17,811,570.14, a significant increase of 781.04% compared to 2,021,654.80 in Q1 2021, primarily due to the reversal of credit impairment losses[7] - Net profit for Q1 2022 was 16,049,280.93, reflecting a remarkable growth of 2,561.25% from 603,073.05 in the same period last year, mainly attributed to the reversal of credit impairment losses[7] - The total comprehensive income attributable to the parent company was CNY 23,174,084.84, compared to CNY 603,071.91 in the previous period[19] Cash Flow and Liquidity - The net cash flow from operating activities was -¥74,049,881.09, a decline of 13.04% compared to -¥65,508,266.25 in the previous year[3] - Cash paid to employees increased by 44.85% to 38,497,967.04 in Q1 2022, compared to 26,577,552.77 in Q1 2021, due to adjustments in performance assessment plans[7] - Cash flow from investment activities showed a significant increase of 1,036.94%, amounting to 898,605.65 in Q1 2022, up from 79,037.00 in Q1 2021, driven by increased purchases of equipment and software[7] - Cash and cash equivalents decreased by 63.63% to -111,001,130.35 in Q1 2022, compared to -67,835,327.42 in Q1 2021, due to changes in operating receivables and financing scale[7] - The company's cash and cash equivalents decreased to ¥185,399,812.92 from ¥270,578,951.85, a decline of 31.5%[13] - The ending balance of cash and cash equivalents was CNY 30,836,552.63, down from CNY 48,106,041.10 in the previous period[22] - Cash inflow from operating activities totaled CNY 688,790,207.89, down from CNY 707,369,959.64 in the previous period[22] - Cash outflow from operating activities was CNY 762,840,088.98, slightly decreased from CNY 772,878,225.89 in the previous period[22] - The company received CNY 12,729,968.00 from financing activities, a significant decrease from CNY 96,431,526.74 in the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,410,360,665.54, down 5.45% from ¥2,549,285,456.51 at the end of the previous year[3] - Total liabilities decreased to ¥1,406,020,007.80 from ¥1,568,118,879.70, a reduction of 10.34%[15] - The company's equity attributable to shareholders increased by 2.32% to ¥1,022,665,300.12 from ¥999,491,215.28 at the end of the previous year[3] - Accounts receivable decreased to ¥1,125,731,784.04 from ¥1,155,346,191.33, a reduction of 2.55%[13] - Inventory increased to ¥421,437,405.96 from ¥359,138,310.17, reflecting an increase of 17.36%[13] Shareholder Information - The company had a total of 12,890 common shareholders at the end of the reporting period[9] - The largest shareholder, Wuxi Suxin Industry Optimization Adjustment Investment Partnership, held 18.11% of shares, totaling 130,091,326[10] Operational Developments - The company signed a business operation contract with Yu Guoping, granting him the operation rights of Sunan Cable for three years starting from January 1, 2022[11] - The company successfully resolved a civil loan dispute, resulting in a reversal of estimated liabilities of approximately 17,464,800, which will increase the company's profit[11] Other Financial Metrics - Basic and diluted earnings per share were both ¥0.0223, an increase of 2,687.50% from ¥0.0008 in the same period last year[3] - Research and development expenses were ¥11,629,505.62, slightly down from ¥12,141,361.38, indicating a decrease of 4.22%[18] - Non-recurring gains and losses totaled ¥17,692,532.66, primarily from gains unrelated to normal business operations[5] - The company reported a significant increase in other income, which rose by 4,405.98% to ¥189,251.06 due to increased fiscal subsidies[6] - The company experienced a 330.83% increase in credit impairment losses, amounting to ¥23,570,301.06, due to the reversal of estimated liabilities from resolved litigation cases[6] Audit Information - The company did not undergo an audit for the first quarter report[23]
远程股份(002692) - 2022 Q1 - 季度财报