MKMCHINA(SZ:300195)2022-04-27 16:00Revenue and Profitability - The company's revenue for Q1 2022 was CNY 423,285,796.94, representing a 6.45% increase compared to CNY 397,626,019.40 in the same period last year[4] - Net profit attributable to shareholders decreased by 68.42% to CNY 12,963,722.77 from CNY 41,054,745.31 year-on-year[4] - The total profit for the current period is 15,374,561.14, a decrease from 47,070,977.58 in the previous period, representing a decline of approximately 67.3%[18] - The net profit attributable to the parent company is 12,963,722.77, down from 41,054,745.31, indicating a decrease of about 68.4%[18] - The total comprehensive income for the current period is 14,866,763.79, compared to 36,939,263.87 in the previous period, reflecting a decline of approximately 59.8%[18] - Basic earnings per share decreased to 0.03 from 0.09, reflecting a decline of approximately 66.7%[18] Cash Flow - The net cash flow from operating activities increased by 225.51%, reaching CNY 9,933,054.03, compared to a negative cash flow of CNY -7,914,255.85 in the previous year[4] - The net cash flow from operating activities is 9,933,054.03, a significant improvement from a negative cash flow of -7,914,255.85 in the previous period[20] - Cash inflow from sales of goods and services is 452,219,147.76, compared to 269,070,475.35 in the previous period, showing an increase of approximately 67.9%[20] - The net cash flow from investing activities is -75,859,014.23, a decrease from 28,025,862.76 in the previous period, indicating a decline of about 371.5%[22] - The net cash flow from financing activities is 55,505,473.10, compared to -36,723,520.23 in the previous period, showing a turnaround[22] - The ending cash and cash equivalents balance is 398,950,518.68, down from 413,010,494.76 in the previous period, a decrease of approximately 3.4%[22] - The company received 7,902,946.10 in tax refunds, an increase from 747,328.29 in the previous period[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,723,804,936.67, up 1.66% from CNY 6,613,777,281.06 at the end of the previous year[4] - The total assets of the company reached CNY 6,723,804,936.67, compared to CNY 6,613,777,281.06 at the beginning of the year[15] - The total liabilities increased to CNY 3,907,278,760.04 from CNY 3,811,976,854.10, showing a rise of about 2.5%[16] Operational Performance - The total operating revenue for the current period reached CNY 423,285,796.94, an increase from CNY 397,626,019.40 in the previous period, reflecting a growth of approximately 6.66%[17] - The total operating costs amounted to CNY 418,913,330.06, up from CNY 354,601,945.79, indicating an increase of about 18.16%[17] - The operating profit for the current period was CNY 15,095,534.52, a decrease from CNY 46,190,008.62 in the previous period[17] Accounts Receivable and Inventory - The company reported a 49.37% increase in accounts receivable, attributed to slower collection of sales revenue due to the impact of the pandemic[7] - Accounts receivable increased to CNY 414,466,088.02 from CNY 277,467,580.58, representing a growth of approximately 49.3%[13] - Inventory levels were reported at CNY 707,179,613.80, slightly up from CNY 705,523,959.40[13] Investment and Income - Investment income increased by 51.27% due to a reduction in losses from investments in joint ventures during the reporting period[7] - The company recorded a significant increase in asset disposal income, which rose by 149.18 times due to the disposal of fixed assets[7] - The company received government subsidies amounting to CNY 6,299,393.89, contributing to an increase in other income by 55.41%[7] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,453, with the largest shareholder holding 19.37% of the shares[10] Research and Development - Research and development expenses for the current period were CNY 20,852,422.51, compared to CNY 18,203,289.93 in the previous period, indicating an increase of approximately 14.5%[17] Future Expectations - The company expects to engage in daily operational transactions with Heidelberger Druckmaschinen AG and its subsidiaries, estimated to not exceed CNY 390,200,000 for the year 2022[12]