NEW POWER(300152)2022-04-19 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥56,825,270.86, representing a 125.09% increase compared to ¥25,245,077.40 in the same period last year[7] - The net profit attributable to shareholders was ¥1,954,598.12, a significant turnaround from a loss of ¥9,452,427.31 in the previous year, marking a 120.68% improvement[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥933,107.78, compared to a loss of ¥10,721,946.15 last year, reflecting a 108.70% increase[7] - Basic and diluted earnings per share improved to ¥0.0027 from a loss of ¥0.0133, representing a 120.30% increase[7] - The company reported an operating profit of CNY 1,251,668.84, a turnaround from an operating loss of CNY 8,892,586.28 in the previous year[28] - Net profit for Q1 2022 was CNY 1,954,862.30, compared to a net loss of CNY 9,452,427.31 in Q1 2021[28] - The company reported a comprehensive income total of CNY -3,595,137.70 for Q1 2022, compared to CNY -9,452,427.31 in the same period last year[29] Cash Flow and Liquidity - The company's cash flow from operating activities showed a net outflow of ¥48,610,324.70, a decline of 1,313.50% from a positive cash flow of ¥4,005,801.92 in the previous year[7] - Cash flow from operating activities showed a net outflow of CNY 48,610,324.70, contrasting with a net inflow of CNY 4,005,801.92 in Q1 2021[32] - The net cash flow from investment activities was -140,446,988.00 CNY, with a total cash outflow of 141,446,988.00 CNY[33] - The net cash flow from financing activities was -8,484,366.97 CNY, with total cash outflow of 8,484,366.97 CNY[33] - The net increase in cash and cash equivalents was 10,451,368.48 CNY, compared to a decrease of 144,925,553.05 CNY in the previous period[33] - The ending balance of cash and cash equivalents was 13,420,444.44 CNY, down from 22,814,028.32 CNY in the previous period[33] Assets and Liabilities - Total assets at the end of the reporting period were ¥852,193,452.41, a slight decrease of 0.38% from ¥855,483,186.77 at the end of the previous year[7] - The total assets of the company at the end of the first quarter of 2022 amounted to ¥852,193,452.41, a slight decrease from ¥855,483,186.77 at the beginning of the year[23] - Total liabilities as of the end of Q1 2022 were CNY 366,070,659.02, slightly up from CNY 365,765,255.68 at the end of the previous year[24] - The total equity attributable to shareholders of the parent company was CNY 486,023,738.30, down from CNY 489,619,140.18 in the previous year[24] - The total current liabilities increased slightly to ¥340,080,881.06 from ¥338,671,159.21, indicating a marginal rise of 0.4%[23] Investments and Expenses - Research and development expenses rose by 40.96% to ¥1,769,638.91, indicating increased investment in innovation[13] - The company generated CNY 72,473,600.00 from investment activities, significantly higher than CNY 1,000,000.00 in the previous year[32] - The company reported a significant increase in other income, with operating income rising to ¥1,290,112.61, up 9,181.39% from ¥13,900.00 in the previous year[13] - The company reported a significant increase in other receivables, rising to ¥29,484,257.02 from ¥9,192,875.72, which is an increase of approximately 220%[22] - The company's long-term equity investments decreased to ¥39,591,311.34 from ¥97,591,311.34, a decline of about 59.5%[22] Shareholder Information - The company’s total number of ordinary shareholders at the end of the reporting period was 55,845[15] - The company had a total of 176,000 restricted shares released during the quarter, previously held by executives[18] Other Information - The company announced a restructuring of its wholly-owned subsidiary, resulting in a 20% equity stake in Zhucheng Baoyuan, which will no longer be included in the consolidated financial statements[19] - The company’s first quarter report was not audited[34]