科创新源(300731) - 2022 Q1 - 季度财报

Financial Performance - Revenue for Q1 2022 was ¥110,579,089.06, a decrease of 22.85% compared to ¥143,320,982.24 in the same period last year[3] - Net profit attributable to shareholders was -¥11,163,798.08, representing a decline of 181.39% from ¥13,715,782.15 year-on-year[3] - Basic and diluted earnings per share were both -¥0.09, down 181.82% from ¥0.11 in the same period last year[3] - The total profit for Q1 2022 was -¥13,441,351.90, a decline of 173.06% from ¥18,398,689.64 in the same period last year[8] - The net loss attributable to the parent company was ¥11,163,798.08, compared to a profit of ¥13,715,782.15 in the previous period[25] - The total comprehensive income for the current period was -¥14,213,087.81, down from ¥16,683,484.24 in the previous period[25] Cash Flow - The net cash flow from operating activities improved to ¥666,098.22, a 101.94% increase from -¥34,417,157.03 in the previous year[3] - The net cash flow from operating activities for Q1 2022 was RMB 66,609,822.22, a significant increase of 101.94% compared to a net outflow of RMB 34,417,157.03 in Q1 2021[9] - The net cash flow from investing activities increased by 31.94% to RMB 25,510,480.22, primarily due to the redemption of RMB 37 million in bank wealth management products by the parent company[9] - The net cash flow from financing activities rose by 16.38% to RMB 44,945,667.33, indicating a positive trend in financing operations[9] - The company reported a significant improvement in cash flow due to the exclusion of a previously consolidated subsidiary from the cash flow statement[9] - Cash and cash equivalents at the end of the period increased to ¥225,088,304.82 from ¥213,409,298.86, marking a net increase of ¥71,163,046.79[28] Assets and Liabilities - Total assets increased by 2.01% to ¥982,028,523.57 from ¥962,680,374.08 at the end of the previous year[3] - The company’s total liabilities increased, with short-term borrowings rising by 30.45% to ¥107,115,225.00 due to new loans taken[6] - The company's total current liabilities decreased to CNY 208.80 million from CNY 214.66 million, a reduction of about 2.7%[22] - The company's total non-current liabilities increased to CNY 166.40 million from CNY 133.83 million, representing an increase of approximately 24.4%[22] - The company's total equity decreased to CNY 606.83 million from CNY 614.20 million, a decline of about 1.1%[22] - The company's cash and cash equivalents increased to CNY 229.93 million from CNY 162.75 million at the beginning of the year, reflecting a growth of approximately 41.2%[21] Expenses and Investments - The company reported a significant increase in management expenses by 32.10% to ¥19,305,894.41 due to stock option incentive plan costs[7] - Research and development expenses rose to ¥9,866,045.64, up from ¥8,626,001.15, indicating a focus on innovation[24] - The company recorded an investment loss of ¥360,394.77, an improvement from a loss of ¥413,741.64 in the previous period[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,994, with the largest shareholder holding 20.15% of the shares[11] - The largest shareholder, Shenzhen Kechuang Xinhua Technology Co., Ltd., holds 25,200,000 shares, with no pledged shares reported[12] - As of the report date, the total number of pledged shares by the controlling shareholder and its concerted parties is 14,080,000 shares, accounting for 34.48% of their total shareholding[17] Business Development - The company is actively pursuing market expansion and product development strategies to enhance its competitive position[15] - The company plans to enhance its market expansion strategies and continue investing in new technologies to drive future growth[29] - The company signed a lease agreement for a production facility with a total rental amount of approximately CNY 13.28 million for a period from March 1, 2022, to December 31, 2025, covering an area of about 9,401.65 square meters[16] - The company provided a guarantee of up to RMB 50 million for its subsidiary, Suzhou Ruitai Technology Co., Ltd., to support its business development[15] Regulatory and Compliance - The subsidiary COTRAN LATIN AMERICA received a penalty notification from the Brazilian Federal Revenue, with an estimated impact of approximately CNY 5.66 million on the net profit attributable to the parent company for 2022[18] - The subsidiary Wuhu Hangchuang Auto Parts Co., Ltd. changed its registered address to a new location in the China (Anhui) Pilot Free Trade Zone[15] Inventory and Current Assets - The company reported a total current asset of CNY 525.83 million, slightly up from CNY 517.19 million at the beginning of the year[21] - The company’s inventory increased to CNY 96.00 million from CNY 93.26 million, reflecting a growth of approximately 2.9%[21]