北鼎股份(300824) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was CNY 182,565,252.51, representing a 4.48% increase compared to CNY 174,739,962.71 in the same period last year[5]. - Net profit attributable to shareholders decreased by 42.49% to CNY 16,457,489.17 from CNY 28,617,436.78 year-on-year[5]. - Total operating revenue for Q1 2022 was CNY 182,565,252.51, an increase of 4.73% compared to CNY 174,739,962.71 in the same period last year[36]. - Net profit for Q1 2022 was CNY 16,457,489.17, a decrease of 42.52% compared to CNY 28,617,436.78 in Q1 2021[37]. - The total comprehensive income attributable to the parent company for Q1 2022 was CNY 16,457,489.17, a decrease from CNY 28,617,436.78 in Q1 2021, representing a decline of approximately 42.5%[38]. - Basic and diluted earnings per share for Q1 2022 were both CNY 0.0757, down from CNY 0.1316 in Q1 2021, indicating a decrease of about 42.5%[38]. Cash Flow - The net cash flow from operating activities fell by 51.64% to CNY 7,228,230.83, down from CNY 14,947,440.85 in the previous year[5]. - Cash inflow from operating activities for Q1 2022 was CNY 220,990,593.62, compared to CNY 203,955,978.67 in Q1 2021, reflecting an increase of approximately 8.5%[40]. - Cash inflow from investment activities was CNY 434,874,109.85 in Q1 2022, significantly higher than CNY 30,341,734.30 in Q1 2021, marking an increase of approximately 1,332.5%[41]. - Net cash flow from investment activities was negative at CNY -261,577,896.34 for Q1 2022, slightly improved from CNY -276,568,473.63 in Q1 2021[41]. - The company reported cash outflow from financing activities of CNY -4,027,242.65 in Q1 2022, compared to a positive cash flow of CNY 1,876,474.11 in Q1 2021[41]. Assets and Liabilities - Total assets decreased by 6.51% to CNY 913,495,198.46 compared to CNY 977,059,023.49 at the end of the previous year[5]. - Total liabilities decreased to CNY 178,389,067.85 from CNY 260,243,064.53, a reduction of 31.48%[34]. - Cash and cash equivalents at the end of the period were CNY 180,033,752.69, down 59.36% from CNY 443,508,189.56 at the beginning of the year[32]. - Inventory at the end of the period was CNY 200,901,805.32, down 8.61% from CNY 219,823,588.97 at the beginning of the year[32]. - The company’s total equity increased to CNY 735,106,130.61 from CNY 716,815,958.96, reflecting a growth of 2.00%[34]. Revenue Breakdown - The revenue from the "BUYDEEM" brand reached 145.92 million RMB, a year-on-year growth of 15.52%, accounting for 79.93% of total revenue[21]. - The domestic revenue for "BUYDEEM" in China was 128.96 million RMB, up 10.50% year-on-year, while overseas revenue surged by 76.45% to 16.96 million RMB[22]. - Revenue from electrical products was 99.76 million RMB, a 6.81% increase from the previous year, while revenue from peripheral products and ingredients grew by 40.22% to 46.16 million RMB[27]. - The OEM/ODM business revenue decreased by 24.32% year-on-year to 36.65 million RMB, reflecting weakened overseas demand[20]. Expenses - The company experienced a 63.87% increase in R&D expenses, totaling CNY 7,916,130.54, due to talent acquisition and project cost increases[11]. - Management expenses rose by 33.93% to CNY 19,613,202.13, mainly due to increased labor costs from talent acquisition[11]. - The company reported a significant increase in sales expenses, which rose to CNY 48,030,472.62 from CNY 37,709,867.93, marking a 27.66% increase[37]. - Total operating costs for Q1 2022 were CNY 172,151,873.02, up 14.77% from CNY 149,918,844.97 in Q1 2021[36]. Shareholder Information - The top ten shareholders include Crystal Electric Group with a 28.06% stake and Zhang Bei with a 24.51% stake, indicating significant ownership concentration[14]. - The total number of common stock shareholders at the end of the reporting period was 16,206[14]. Market Strategy - The company is actively expanding its overseas market presence while steadily advancing its domestic business[25]. - The company maintained high levels of investment in talent acquisition, brand promotion, warehousing, and digitalization since Q2 2021, despite facing challenges from fluctuating raw material prices and logistics disruptions[19]. - The company launched new products including the "Enamel Pot Pig Pig Powder Series" and various tea products, enhancing its product offerings[29].