保力新(300116) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥33,132,163.41, representing a 13.79% increase compared to ¥29,117,824.94 in the same period last year[4] - The net profit attributable to shareholders was -¥20,176,682.90, a decrease of 3.99% from -¥19,402,624.79 year-on-year[4] - Operating profit for the current period was -¥20,993,854.75, slightly worse than -¥19,961,140.14 in the previous period[30] - Net profit for the current period was -¥20,904,801.10, compared to -¥19,932,658.53 in the previous period, indicating a decline in profitability[33] - Total comprehensive income for the current period was -¥14,111,361.00, compared to -¥20,473,720.76 in the previous period, indicating a reduction in losses[33] - Basic and diluted earnings per share were both -0.0047, a marginal decrease from -0.0045 in the previous period[36] Cash Flow and Liquidity - The net cash flow from operating activities improved by 69.39%, reaching -¥16,854,514.52 compared to -¥55,058,257.69 in the previous year[4] - Cash flow from operating activities showed a net outflow of -¥16,854,514.52, an improvement from -¥55,058,257.69 in the previous period[37] - The company's cash and cash equivalents decreased by 32.93% to ¥39,072,796.49, primarily due to repayment of shareholder loans and prepayments for materials[8] - The ending balance of cash and cash equivalents stood at $23,157,810.99, down from $47,327,428.50 at the end of the previous period[40] - The net increase in cash and cash equivalents was -$20,513,622.60, showing a decline from -$97,411,940.28 previously[40] Assets and Liabilities - Total assets at the end of the reporting period were ¥708,936,652.82, a slight increase of 0.71% from ¥703,960,160.95 at the end of the previous year[4] - Total liabilities reached RMB 463.63 million, up from RMB 442.66 million, marking an increase of approximately 4.7%[26] - The company's inventory increased to RMB 147.38 million from RMB 145.18 million, indicating a slight rise of about 1.5%[23] Shareholder Information - The company reported a total of 281,280,290 restricted shares, with no shares released during the current period[15] - The major shareholder, Li Yao, holds 106,250,290 restricted shares due to performance commitments not being met[15] - The company has a total of 420,000,000 shares pledged by various shareholders[12] - The company is subject to performance commitments that affect the release of restricted shares for major shareholders[15] - The company has a total of 108,500,000 shares held by Guo Hongbao, which are also subject to restrictions due to performance commitments[15] Operational Highlights - Management expenses decreased by 42.04% to ¥7,969,463.02, attributed to organizational restructuring and reduced personnel costs[8] - Financial expenses increased by 407.92% to ¥6,339,143.18, mainly due to foreign exchange losses[8] - Research and development expenses increased to ¥1,780,526.70 from ¥1,482,001.77, reflecting a growth of 20.1%[30] - Sales expenses decreased slightly to ¥2,541,663.02 from ¥2,613,474.40, a reduction of 2.7%[30] Contracts and Ventures - A significant contract was signed for the supply of lithium battery components, totaling 130,000 sets with a total value of approximately RMB 100 million for the period of January to June 2022[19] - The company plans to establish a joint venture with Henan Lixuan Technology Co., Ltd. with a registered capital of RMB 24 million, where Baoli will contribute RMB 4 million, representing a 16.67% stake[19] Regulatory and Compliance - The company received approval from the China Securities Regulatory Commission for a specific stock issuance on February 22, 2022[16] - The company plans to open a special account for the management of raised funds from the stock issuance within one month of the funds being received[16] - The company did not undergo an audit for the first quarter report[41]