JGGF(SZ:300510)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥181,876,790.04, representing a 32.09% increase compared to ¥137,694,208.45 in the same period last year[3] - The net profit attributable to shareholders was a loss of ¥10,423,780.49, a decrease of 650.50% from a profit of ¥1,893,512.15 in the previous year[3] - The company's operating costs increased by 51.11% to ¥153,778,395.69, primarily due to rising costs associated with increased revenue[8] - Total operating revenue for Q1 2022 was CNY 181,876,790.04, an increase of 32.1% compared to CNY 137,694,208.45 in Q1 2021[22] - Total operating costs for Q1 2022 were CNY 199,985,905.27, up 34.3% from CNY 149,031,566.03 in the same period last year[22] - Net profit for Q1 2022 was a loss of CNY 11,222,134.34, compared to a profit of CNY 1,132,470.22 in Q1 2021, representing a significant decline[23] Cash Flow - The net cash flow from operating activities was -¥58,927,262.67, a decline of 38.92% compared to -¥42,417,525.97 in Q1 2021[8] - The company's cash flow from operating activities was CNY 199,530,192.82, compared to CNY 153,408,242.23 in the previous year[26] - The net cash flow from financing activities was 36,800,849.63 CNY, a significant improvement from -42,706,213.23 CNY in the previous year[28] - Cash outflow from operating activities totaled 292,935,620.60 CNY, compared to 245,553,057.17 CNY in the same quarter last year, indicating increased operational expenses[27] - The company received 34,441,353.95 CNY in cash related to operating activities, down from 49,461,764.33 CNY year-over-year, indicating a decrease in operational cash receipts[27] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,337,841,246.95, a decrease of 1.31% from ¥3,382,094,252.82 at the end of the previous year[3] - Total liabilities decreased to CNY 737,535,358.59 from CNY 770,566,230.12, a decline of 4.3%[20] - The company's total non-current liabilities increased slightly to CNY 77,314,822.07 from CNY 74,103,543.87[20] Shareholder Information - The total number of common stock shareholders at the end of the reporting period was 41,244[11] - The largest shareholder, Luoyang Gudu Asset Management Co., Ltd., holds 26.28% of the shares, totaling 217,795,715 shares[11] Operational Challenges - The company has faced significant production constraints due to COVID-19 outbreaks, particularly affecting its Changchun R&D and production base[15] - The company plans to closely monitor the pandemic situation and take proactive measures to mitigate risks to its operations[15] Other Financial Metrics - The weighted average return on equity was -0.40%, down from 0.07% in the same period last year, indicating a significant decline in profitability[3] - The company recorded a non-recurring gain of ¥6,222,541.67, mainly from government subsidies related to its normal business operations[5] - Research and development expenses for Q1 2022 were CNY 9,943,935.53, an increase of 21.5% from CNY 8,182,395.88 in Q1 2021[22] - The basic and diluted earnings per share for Q1 2022 were both -0.0126, compared to 0.0023 in Q1 2021[24] - The company's retained earnings showed a deficit of CNY 665,130,343.26, worsening from a deficit of CNY 654,706,562.77 in the previous year[20]