思特奇(300608) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥87,263,674.47, representing a 26.10% increase compared to ¥69,199,369.75 in the same period last year[5] - The net profit attributable to shareholders was -¥54,061,310.45, a decrease of 41.92% from -¥38,092,657.60 year-on-year[5] - The net profit for Q1 2022 was -54,853,150.37 CNY, compared to -38,681,639.31 CNY in Q1 2021, representing an increase in net loss of approximately 42%[25] - Operating profit for Q1 2022 was -55,597,258.34 CNY, compared to -38,570,275.62 CNY in the same period last year, indicating a worsening of approximately 44%[25] - The total comprehensive income for Q1 2022 was -54,864,652.54 CNY, compared to -38,698,258.09 CNY in Q1 2021, marking an increase in loss of around 42%[26] - The company's basic earnings per share were -¥0.26, down 8.33% from -¥0.24 in the same period last year[5] - The company's diluted earnings per share were -¥0.23, a decrease of 9.52% from -¥0.21 year-on-year[5] Cash Flow and Liquidity - The net cash flow from operating activities was -¥101,873,366.35, reflecting a 40.50% decline compared to -¥72,505,457.46 in the previous year[5] - Cash and cash equivalents net decrease amounted to -¥102,948,054.55, a significant decline compared to an increase of ¥7,062,338.26 in the same period last year, driven by reduced net cash flow from operating and financing activities[10] - Cash flow from operating activities showed a net outflow of -101,873,366.35 CNY in Q1 2022, worsening from -72,505,457.46 CNY in Q1 2021[29] - Cash and cash equivalents at the end of Q1 2022 were 305,642,012.62 CNY, down from 381,163,235.34 CNY at the end of Q1 2021, a decrease of approximately 20%[30] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,803,270,340.23, a slight decrease of 0.56% from ¥1,813,498,917.22 at the end of the previous year[5] - Total liabilities decreased to CNY 906,392,632.11 from CNY 861,889,545.93, a decrease of 5.2%[22] - Accounts receivable decreased to CNY 307,326,196.87 from CNY 330,114,401.99, a reduction of 6.9%[20] - Inventory increased significantly to CNY 362,490,152.40, up 24.4% from CNY 291,345,931.63[20] Shareholder Information - Total number of ordinary shareholders at the end of the reporting period was 30,428[12] - The largest shareholder, Wu Feizhou, holds 29.72% of shares, totaling 62,318,671 shares, with 46,739,003 shares frozen[12] Expenses and Investments - The company's operating costs increased by 34.89% to ¥55,172,789.03 from ¥40,900,916.29 in the same period last year, primarily due to revenue growth[9] - R&D expenses increased by 35.69% to ¥34,368,755.84 compared to ¥25,329,077.84 in the same period last year, primarily due to increased investment in research and development[10] - Financial expenses for Q1 2022 were 9,006,911.96 CNY, an increase from 7,055,690.10 CNY in Q1 2021, representing a rise of approximately 28%[25] - The company reported a 19954.88% increase in asset impairment losses, amounting to -¥7,396,869.69, primarily due to anticipated inventory losses[10] Investment Activities - The net cash outflow from investment activities increased by 121.83% to -¥24,792,156.11, compared to -¥11,176,242.52, mainly due to payments for renovation and investment intention fees[10] - The company did not receive any cash from investment recoveries during the reporting period, a 100% decrease from ¥500,000.00 in the previous year[10] - Investment income fell by 71.24% to -¥2,590,765.35 from -¥1,512,923.03, attributed to external investment losses recognized during the reporting period[10] Other Financial Metrics - The company's weighted average return on equity was -5.84%, compared to -4.58% in the previous year, indicating a decline of 1.26%[5] - The company incurred a credit impairment loss of 2,482,448.06 CNY in Q1 2022, a decrease from 6,227,072.25 CNY in Q1 2021, indicating an improvement of about 60%[25] - The company has adjusted the conversion price of its convertible bonds to CNY 12.62 per share effective from March 29, 2022[16] - The company plans to issue shares to specific investors as approved by the China Securities Regulatory Commission[16] - A total of 208,399.9 thousand shares of unvested restricted stock were canceled due to performance targets not being met and employee departures[17]