万马科技(300698) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was ¥59,045,804.84, a decrease of 12.29% compared to ¥67,319,455.29 in the same period last year[2] - The net profit attributable to shareholders was -¥9,659,917.19, showing an improvement of 5.86% from -¥10,261,139.43 year-on-year[2] - The net cash flow from operating activities improved by 43.05%, reaching -¥29,322,669.08 compared to -¥51,490,341.80 in the previous year[2] - Total operating revenue for the current period is $59,045,804.84, down from $67,319,455.29 in the previous period, representing a decrease of approximately 12.5%[18] - Net profit for the current period is -$11,741,389.68, compared to -$11,647,781.15 in the previous period, indicating a slight increase in losses[20] - The total comprehensive loss for the current period is -$11,741,389.68, compared to -$11,647,781.15 in the previous period[20] - The company reported a basic and diluted earnings per share of -$0.0721, slightly improved from -$0.0766 in the previous period[20] Assets and Liabilities - Total assets decreased by 2.73% to ¥911,358,838.18 from ¥936,895,600.12 at the end of the previous year[2] - Current assets decreased from ¥747,350,999.86 to ¥720,024,013.01, reflecting a decline of approximately 3.9%[14] - Cash and cash equivalents decreased significantly from ¥136,319,308.27 to ¥74,552,517.62, a drop of about 45.5%[14] - Accounts receivable decreased from ¥395,797,898.67 to ¥366,741,274.69, a reduction of approximately 7.3%[14] - Total liabilities decreased from ¥498,210,481.66 to ¥484,415,109.40, a decline of approximately 2.4%[16] - The company's equity attributable to shareholders decreased from ¥378,624,554.54 to ¥368,964,637.35, a decrease of about 2.2%[16] - The total number of restricted shares at the end of the period was 10,429,057, with 24,157,266 shares released during the period[11] Cash Flow - Cash flow from operating activities shows a net outflow of -$29,322,669.08, an improvement from -$51,490,341.80 in the previous period[23] - Cash flow from investing activities generated a net inflow of $425,941.10, compared to a net outflow of -$12,330,407.45 in the previous period[24] - Cash flow from financing activities resulted in a net outflow of -$45,527,647.00, contrasting with a net inflow of $3,700,443.51 in the previous period[24] - The ending balance of cash and cash equivalents is $25,671,222.98, down from $34,409,673.64 in the previous period[24] Research and Development - The company's R&D expenses increased by 90.17% to ¥9,057,880.79, reflecting a focus on innovation and development[6] - Research and development expenses increased significantly to $9,057,880.79 from $4,763,084.90, marking an increase of approximately 90.5%[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 10,057[8] - The top shareholder, Zhang Desheng, holds 21.53% of the shares, amounting to 28,843,500 shares[8] Inventory Management - The company reported a significant increase in inventory by 32.21%, amounting to ¥192,744,268.00, due to increased stock for ongoing projects[5] - Inventory increased from ¥145,786,647.74 to ¥192,744,268.00, representing an increase of about 32.2%[14] Equity and Returns - The weighted average return on equity improved slightly to -2.58% from -2.78% year-on-year[2] - The company reported a significant reduction in short-term borrowings from ¥89,606,089.58 to ¥80,112,520.00, a decrease of approximately 17.3%[15] - The company’s non-current assets increased slightly from ¥189,544,600.26 to ¥191,334,825.17, an increase of about 0.9%[15]