Goaland(SZ:300499)2022-04-20 16:00Financial Performance - The company's revenue for Q1 2022 was CNY 423,334,397.68, representing a 47.35% increase compared to CNY 287,300,607.67 in the same period last year[5] - Net profit attributable to shareholders was CNY 8,289,813.63, an increase of 80.27% from CNY 4,598,440.95 year-on-year[5] - Basic earnings per share increased by 50.00% to CNY 0.03 from CNY 0.02 in the same quarter last year[5] - Operating profit for the period was CNY 32,572,025.81, up 165.5% from CNY 12,279,207.23 in Q1 2021[32] - The total comprehensive income for the period was CNY 23,898,764.14, an increase of 80.5% from CNY 13,294,400.62 in the previous year[33] Cash Flow - The net cash flow from operating activities improved to -CNY 30,249,822.03, a 75.91% reduction in losses compared to -CNY 125,557,172.22 in the previous year[5] - Cash received from sales increased by 188.74% to CNY 311,190,305.25, indicating improved cash flow from operations[11] - The company reported a net cash outflow from operating activities of CNY -30,249,822.03, an improvement from CNY -125,557,172.22 in Q1 2021[36] - The cash and cash equivalents at the end of Q1 2022 amounted to 136,170,113.71 CNY, down from 224,393,854.81 CNY at the end of Q1 2021, reflecting a decline of approximately 39.2%[37] - The company experienced a decrease in cash and cash equivalents by 53,297,048.88 CNY in Q1 2022, compared to a decrease of 127,976,558.16 CNY in Q1 2021[37] Assets and Liabilities - Total assets at the end of Q1 2022 were CNY 2,513,753,425.90, a 4.08% increase from CNY 2,415,317,119.26 at the end of the previous year[6] - The company's total equity increased to CNY 1,150,066,981.42, up from CNY 1,128,112,353.64, reflecting a growth of 1.9%[32] - Total liabilities rose to CNY 1,363,686,444.48, compared to CNY 1,287,204,765.62 at the end of the previous year, indicating a growth of 5.9%[32] - The company’s total current liabilities increased from 981,682,310.38 RMB to 1,035,381,670.27 RMB, showing an increase of approximately 5.5%[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 28,154, with no preferred shareholders[13] - The top shareholder, Li Qi, holds 15.45% of shares, totaling 43,384,327 shares, with 33,262,895 shares under lock-up[13] - The company has 3,371,560 shares in its repurchase account, accounting for 1.20% of the total share capital[14] - The company approved a share repurchase plan with a total fund of no less than CNY 25 million and no more than CNY 50 million, with a maximum repurchase price of CNY 14.00 per share[18] - The company repurchased a total of 3,371,560 shares, accounting for 1.20% of the total share capital, with a total payment of 30,053,977.40 RMB[19] Research and Development - Research and development expenses rose by 38.67% to CNY 20,612,964.20, reflecting increased investment in R&D activities[11] - Research and development expenses increased to CNY 20,612,964.20, up 38.5% from CNY 14,864,499.89 in the same quarter last year[32] Other Financial Activities - The company received government subsidies amounting to CNY 4,815,583.84, contributing positively to its financial performance[8] - The company reported a cash inflow from borrowings of CNY 10,000,000, a decrease of 100% compared to the previous period due to reduced short-term funding needs[12] - Cash paid for debt repayment was CNY 1,093,814.64, down 96.38% from CNY 30,250,580.00 in the previous period, influenced by the maturity of short-term loans[12] - The company paid 1,688,677.76 CNY in dividends and interest during Q1 2022, compared to 2,321,771.80 CNY in Q1 2021[37] Audit and Reporting - The company did not undergo an audit for the Q1 2022 report, indicating that the figures presented are unaudited[38] - The company’s board of directors released the Q1 2022 report on April 21, 2022[39]