南极光(300940) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥203,708,261.76, a decrease of 33.51% compared to the same period last year[3] - Net profit attributable to shareholders increased by 48.40% to ¥11,726,925.96, driven by improved product gross margins and reduced sales expenses[7] - The net profit excluding non-recurring gains and losses surged by 707.10% to ¥10,439,427.07, reflecting enhanced operational efficiency[8] - Basic and diluted earnings per share rose by 36.04% to ¥0.0619, attributed to the increase in net profit[8] - Total operating revenue for Q1 2022 was CNY 203.71 million, a decrease of 33.5% compared to CNY 306.36 million in Q1 2021[21] - Net profit for Q1 2022 reached CNY 11.73 million, an increase of 48.5% compared to CNY 7.90 million in Q1 2021[22] Cash Flow and Liquidity - The net cash flow from operating activities improved by 42.72%, amounting to -¥31,731,178.39, due to lower procurement payments compared to the previous year[8] - Cash flow from operating activities for Q1 2022 was negative CNY 31.73 million, an improvement from negative CNY 55.40 million in Q1 2021[23] - Cash inflow from operating activities totaled CNY 163.38 million, while cash outflow was CNY 195.11 million in Q1 2022[23] - The cash and cash equivalents at the end of the period amounted to 313,812,770.79 CNY, down from 376,790,804.04 CNY at the beginning of the period[25] - The company reported a cash decrease of 62,978,033.25 CNY during the quarter[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,378,061,156.90, a decrease of 2.52% from the end of the previous year[4] - The company had a total of 1,378,061,156.90 RMB in total assets as of March 31, 2022, down from 1,413,750,234.91 RMB at the beginning of the year, representing a decrease of approximately 2.5%[17] - The company's total liabilities decreased to CNY 504.80 million in Q1 2022 from CNY 552.22 million in Q1 2021[20] - The company’s total current liabilities decreased from 1,091,022,288.88 RMB to 1,023,898,498.15 RMB, a reduction of approximately 6.2%[18] Shareholder Information - The company reported a total of 13,018 common shareholders at the end of the reporting period[10] - The top two shareholders, Jiang Faming and Pan Lianxing, each hold 26.46% of the shares, totaling 31,331,000 shares[10] - Total equity attributable to shareholders increased to CNY 873.26 million in Q1 2022 from CNY 861.53 million in Q1 2021[20] - Shareholders' equity attributable to the parent company increased by 1.36% to ¥873,262,819.04[4] Expenses and Costs - Total operating costs for Q1 2022 were CNY 191.70 million, down 36.8% from CNY 303.23 million in the previous year[21] - The company experienced a significant reduction in sales expenses due to decreased sales volume, contributing to the overall profit increase[7] - Research and development expenses for Q1 2022 were CNY 7.43 million, a decrease of 30.5% from CNY 10.62 million in Q1 2021[21] Other Financial Activities - The company approved a cash management plan using part of the idle raised funds and self-owned funds during the board meeting on March 15, 2022[15] - The company plans to implement a restricted stock incentive plan in 2022, which was discussed and approved in the same board meeting[15] - The net cash flow from investment activities was -10,349,696.44 CNY, indicating a decrease compared to the previous period[25] - The total cash inflow from financing activities was 357,777,957.48 CNY, primarily from investments and loans[25] - The net cash flow from financing activities was -20,843,837.00 CNY, a significant decrease compared to the previous period[25] Audit and Reliability - The report for the first quarter was not audited, which may affect the reliability of the financial data presented[26]