CCD(002811)2022-04-28 16:00Financial Performance - The company's revenue for Q1 2022 was ¥302,699,130.77, a decrease of 18.75% compared to ¥372,541,177.50 in the same period last year[4] - Net profit attributable to shareholders was ¥5,395,623.44, down 68.34% from ¥17,040,982.77 year-on-year[4] - Total operating revenue for the current period is $302.70 million, a decrease of 19% from $372.54 million in the previous period[17] - Net profit for the current period is $5.40 million, a decline of 68% compared to $16.85 million in the previous period[18] - Operating profit decreased to $6.84 million, down 59% from $16.81 million in the previous period[18] Cash Flow and Investments - The net cash flow from operating activities increased by 14.12% to ¥63,298,265.48 compared to ¥55,464,842.17 in the previous year[4] - Cash flow from operating activities generated a net amount of $63.30 million, an increase of 14% from $55.46 million in the previous period[21] - Cash flow from investment activities resulted in a net outflow of $11.78 million, an improvement from a net outflow of $83.81 million in the previous period[21] - Cash and cash equivalents rose to CNY 525,618,980.12 from CNY 514,584,858.02, indicating an increase of approximately 2.0%[13] - Cash and cash equivalents increased by $3.50 million, contrasting with a decrease of $129.44 million in the previous period[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,813,387,614.48, a decrease of 6.02% from ¥2,993,648,119.82 at the end of the previous year[4] - The company's current assets totaled CNY 2,176,776,024.01, down from CNY 2,356,246,232.61, indicating a decrease of about 7.6%[14][16] - The total liabilities decreased from CNY 1,498,312,922.22 to CNY 1,314,199,373.56, a reduction of approximately 12.3%[15][16] - The company's equity increased slightly from CNY 1,495,335,197.60 to CNY 1,499,188,240.92, reflecting a growth of about 0.2%[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,216[10] - The largest shareholder, Shenzhen Yatai Yizhao Investment Co., Ltd., holds 52.57% of the shares, totaling 141,961,723 shares[10] Operational Metrics - Financial expenses rose by 99.21% to ¥6,387,837.68, primarily due to significant exchange rate fluctuations[8] - The weighted average return on equity decreased to 0.36% from 1.06% year-on-year[4] - Research and development expenses rose to $16.20 million, up from $15.55 million in the previous period[17] - The company reported a foreign exchange loss of $1.18 million, compared to a gain of $1.90 million in the previous period[19] - Basic and diluted earnings per share decreased to $0.02 from $0.06 in the previous period[19] Inventory and Receivables - Accounts receivable increased to CNY 345,262,409.05 from CNY 338,990,360.39, showing a growth of approximately 1.3%[14] - Inventory decreased significantly from CNY 70,651,314.88 to CNY 50,869,374.63, representing a decline of about 28.1%[14] - The company’s contract assets decreased from CNY 1,094,187,693.51 to CNY 929,220,087.58, representing a decline of approximately 15.1%[14] - The company’s long-term investments slightly decreased from CNY 1,191,769.05 to CNY 1,165,486.48, a reduction of about 2.2%[14] Construction and Renovation - The company reported a significant increase in construction in progress by 190.94%, reaching ¥16,538,933.02 due to office renovations[7]