瑞丰光电(300241) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was ¥309,436,620.23, a slight increase of 0.45% compared to ¥308,060,313.87 in the same period last year[3] - The net profit attributable to shareholders was a loss of ¥3,629,959.35, representing a decline of 124.72% from a profit of ¥14,682,948.50 in the previous year[3] - The net profit for Q1 2022 was a loss of CNY 3,848,794.69, compared to a profit of CNY 15,190,247.26 in Q1 2021, indicating a significant decline[18] - The total comprehensive income for the parent company in Q1 2022 was -3,629,959.35 CNY, down from 14,682,948.50 CNY year-over-year[19] - The basic earnings per share were -¥0.0053, down 119.27% from ¥0.0275 in the previous year[3] - The basic and diluted earnings per share for Q1 2022 were both -0.0053 CNY, compared to 0.0275 CNY and 0.0274 CNY respectively in the previous year[19] Cash Flow - The net cash flow from operating activities was negative at ¥55,447,342.18, a decrease of 444.96% compared to ¥16,073,541.32 in the same period last year[3] - Cash inflows from operating activities totaled 280,592,263.91 CNY, a decrease of 20% from 350,949,077.56 CNY in the same period last year[22] - The net cash flow from operating activities was -55,447,342.18 CNY, contrasting with a positive 16,073,541.32 CNY in Q1 2021[22] - Cash outflows from investing activities amounted to 172,038,872.42 CNY, significantly higher than 61,984,086.95 CNY in the previous year[23] - The net cash flow from investing activities was -158,639,689.76 CNY, compared to a positive 22,924,541.21 CNY in the same period last year[23] - Cash inflows from financing activities were 165,307,459.41 CNY, up from 68,367,954.36 CNY in Q1 2021[23] - The net cash flow from financing activities increased to 100,248,886.37 CNY, compared to 8,952,763.32 CNY in the previous year[23] - The ending cash and cash equivalents balance was 271,371,133.62 CNY, compared to 210,799,824.10 CNY at the end of Q1 2021[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,366,801,343.89, a decrease of 1.46% from ¥3,416,598,434.47 at the end of the previous year[3] - Total assets decreased to CNY 3,366,801,343.89 from CNY 3,416,598,434.47, a decline of 1.5%[15] - The total liabilities decreased to CNY 1,220,792,589.88 from CNY 1,270,584,094.11, a reduction of 3.9%[15] - Cash and cash equivalents decreased to CNY 373,705,907.72 from CNY 504,063,620.69, a drop of 26%[12] - Inventory levels rose to CNY 467,633,805.41 from CNY 284,002,864.48, reflecting an increase of 64.7%[12] - Short-term borrowings increased significantly to CNY 46,970,000.00 from CNY 17,838,465.49, an increase of 162.5%[14] Operating Costs and Expenses - Total operating costs increased to CNY 330,867,153.07 from CNY 314,771,472.40, marking an increase of 5.3% year-over-year[18] - The company experienced a significant increase in credit impairment losses by 85.91% year-on-year, impacting overall profitability[8] - Investment income fell by 91.60% year-on-year, attributed to reduced investment income from joint ventures and associates[8] - Financial expenses decreased by 38.17% year-on-year, mainly due to increased interest income[8] - The company reported a significant increase in research and development expenses, totaling CNY 24,486,295.34, compared to CNY 28,288,652.40 in the previous year, a decrease of 13.3%[18] Other Information - Non-recurring gains and losses amounted to ¥13,770,468.90, primarily due to government subsidies of ¥18,272,888.72[5] - The company approved a stock option and restricted stock incentive plan for 2022, aiming to enhance employee motivation and retention[11] - The weighted average return on equity was -0.31%, down 1.48% from 1.17% in the same period last year[3]