富春股份(300299) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was ¥78,998,144.18, a decrease of 13.90% compared to ¥91,754,902.25 in the same period last year[3] - Net profit attributable to shareholders increased by 8.77% to ¥12,210,027.76 from ¥11,225,070.56 year-on-year[3] - The net loss attributable to the parent company for Q1 2022 was ¥-380,268,540.64, an improvement from ¥-392,478,568.40 in the previous year[18] - The net profit for Q1 2022 was CNY 11,314,755.56, a decrease from CNY 11,900,076.08 in Q1 2021, representing a decline of approximately 4.9%[21] - Operating profit for Q1 2022 was CNY 13,031,665.52, slightly down from CNY 13,829,518.86 in the same period last year, indicating a decrease of approximately 5.8%[21] - Total comprehensive income for Q1 2022 was CNY 11,307,428.82, down from CNY 11,904,860.07 in Q1 2021, reflecting a decrease of about 5%[22] - The total revenue from sales of goods and services was CNY 97,674,777.33, down from CNY 118,346,186.03 in Q1 2021, indicating a decline of approximately 17.5%[23] Cash Flow and Investments - The net cash flow from operating activities was negative at -¥6,795,646.13, a decline of 620.95% compared to ¥1,304,480.72 in the previous year[3] - The net cash flow from investing activities was -¥4,548,354.60, a decline of 227.07% compared to the previous year, due to payments for equity investments[9] - Cash flow from operating activities showed a net outflow of CNY 6,795,646.13, compared to a net inflow of CNY 1,304,480.72 in Q1 2021[24] - The company experienced a net cash outflow from investing activities of CNY 4,548,354.60, compared to a net inflow of CNY 3,579,549.12 in the same period last year[24] Assets and Liabilities - Total assets decreased by 4.47% to ¥975,260,940.58 from ¥1,020,885,907.68 at the end of the previous year[3] - The total assets as of March 31, 2022, were ¥975,260,940.58, down from ¥1,020,885,907.68 at the beginning of the year, indicating a decrease of about 4.4%[18] - The total liabilities decreased to ¥432,841,943.96 from ¥489,774,339.88, reflecting a reduction of approximately 11.6%[18] - Accounts receivable decreased to ¥127,068,358.67 from ¥146,737,874.31, representing a reduction of approximately 13.5%[16] - The company's short-term borrowings decreased by 33.24% to ¥70,138,014.52, reflecting repayments made during the period[8] Expenses - The total operating costs for Q1 2022 were ¥68,998,269.20, down about 16.0% from ¥82,207,837.19 in the previous year[20] - Research and development expenses decreased to CNY 16,854,953.07 from CNY 23,238,360.21, a reduction of about 27.5% year-over-year[21] - Financial expenses decreased by 53.53% to ¥2,350,735.27, attributed to a reduction in bank loan interest due to lower loan balances[8] - The company reported a significant increase in financial expenses, with interest expenses at CNY 2,349,193.96 compared to CNY 3,620,869.71 in the previous year, a decrease of about 35.1%[21] Other Key Information - The weighted average return on equity was 2.30%, down from 2.47% in the same period last year[3] - The company received government subsidies amounting to ¥2,045,971.77, contributing to a significant increase in other income by 418.79%[8] - The inventory at the end of Q1 2022 was ¥70,907,595.89, slightly down from ¥72,653,183.91, a decrease of approximately 2.4%[16] - The cash and cash equivalents at the end of Q1 2022 amounted to ¥113,906,618.31, a decline of 23.0% from ¥148,117,906.15 at the beginning of the year[16] - Cash and cash equivalents at the end of Q1 2022 were CNY 109,188,192.94, up from CNY 63,148,864.82 at the end of Q1 2021, representing an increase of approximately 73%[24] - The company is currently under investigation by the China Securities Regulatory Commission for suspected securities violations, with no clear conclusion as of the report date[13] - The company's long-term equity investments increased to ¥103,536,689.29 from ¥97,113,494.00, showing a growth of about 6.5%[17]