Seashine(SZ:300885)2022-04-27 16:00Financial Performance - The company's revenue for Q1 2022 was ¥82,783,333.27, representing a 17.12% increase compared to ¥70,680,421.39 in the same period last year[7] - Net profit attributable to shareholders decreased by 9.67% to ¥21,761,817.40 from ¥24,092,179.59 year-on-year[7] - Basic earnings per share decreased by 9.65% to ¥0.1432 from ¥0.1585 in the same period last year[7] - Total operating revenue for the first quarter was CNY 82,783,333.27, an increase of 17.5% compared to CNY 70,680,421.39 in the previous year[26] - Net profit for the quarter was CNY 21,761,817.40, a decrease of 9.2% from CNY 24,092,179.59 in the previous year[27] - The company’s total comprehensive income for Q1 2022 was ¥21,761,817.40, a decrease of 9.2% from ¥24,092,179.59 in the same period last year[28] Cash Flow - The net cash flow from operating activities fell by 38.98% to ¥15,450,251.95, down from ¥25,320,747.70 in the previous year[7] - Cash inflow from operating activities totaled ¥85,416,474.90, an increase of 5.0% compared to ¥80,808,032.83 in the previous year[30] - The net cash flow from operating activities was ¥15,450,251.95, down 39.0% from ¥25,320,747.70 in Q1 2021[30] - Cash outflow from investment activities was ¥57,233,100.00, significantly lower than ¥219,634,992.00 in the same period last year[31] - The net cash flow from investment activities was -¥16,003,730.14, an improvement from -¥219,634,992.00 in Q1 2021[31] - The cash and cash equivalents at the end of Q1 2022 stood at ¥350,982,153.70, compared to ¥102,266,158.99 at the end of Q1 2021[31] Assets and Liabilities - Total assets increased by 3.15% to ¥816,324,074.48 compared to ¥791,361,708.60 at the end of the previous year[7] - Total liabilities increased to CNY 62,567,490.26, compared to CNY 59,366,941.78 at the start of the year, marking a rise of 3.7%[24] - Cash and cash equivalents at the end of the quarter were CNY 356,066,391.85, slightly up from CNY 351,624,843.47 at the beginning of the year[22] - Accounts receivable rose to CNY 92,214,657.40, an increase of 4.9% from CNY 88,013,169.18 at the start of the year[22] - Inventory levels increased to CNY 61,158,393.89, up from CNY 57,994,025.38 at the beginning of the year, reflecting a growth of 3.9%[22] Research and Development - The company's R&D expenses rose by 38.71% to ¥396,670.00, reflecting increased investment in research and development[11] - Research and development expenses increased to CNY 3,965,309.73, representing a rise of 38.8% compared to CNY 2,858,636.65 last year[27] - The company is focused on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 15,459[14] - As of January 4, 2022, major shareholders reduced their holdings by a total of 3.52 million shares, representing 1% of the company's total share capital[17] - The top ten shareholders include 桐乡海富股权投资中心 with 8.26 million shares (5.43%) and 张君 with 3.80 million shares (2.50%) of common stock[16] Government and Certifications - The company received government subsidies amounting to ¥1,560,115.70 during the reporting period[9] - The company received the "High-tech Enterprise Certificate" from the Jiangsu Provincial Department of Science and Technology, indicating successful re-certification as a high-tech enterprise[20] Future Plans and Financing - The company plans to apply for a comprehensive credit limit of up to 130 million RMB from banks in 2022 to maintain good cooperative relationships[19] - The company has established new fundraising special accounts with banks to manage raised funds effectively[18] - The company is actively involved in financing and margin trading, with several shareholders participating through securities accounts[16] Dividend Information - The company has not proposed cash dividends or stock bonuses for the 2021 profit distribution plan[18]