Financial Performance - The company's revenue for Q1 2022 was CNY 335,933,455.64, representing a 7.00% increase compared to CNY 313,947,439.51 in the same period last year[3] - Net profit attributable to shareholders decreased by 68.15% to CNY 9,970,872.34 from CNY 31,305,582.12 year-on-year[3] - Total operating revenue for Q1 2022 was CNY 335,933,455.64, an increase of 6.3% compared to CNY 313,947,439.51 in Q1 2021[21] - Net profit for Q1 2022 was CNY 9,970,872.34, a decrease of 68.2% from CNY 31,305,582.12 in Q1 2021[22] - The company reported a total comprehensive income of CNY 9,258,730.39 for Q1 2022, compared to CNY 31,305,582.12 in the same period last year[23] Cash Flow and Assets - The net cash flow from operating activities fell by 68.99% to CNY 48,706,946.30, down from CNY 157,077,497.88 in the previous year[3] - Operating cash flow for Q1 2022 was CNY 48,706,946.30, down 69.0% from CNY 157,077,497.88 in the same period last year[25] - Cash and cash equivalents at the end of the period increased by 64.24% to CNY 114,740,530.00, mainly due to the maturity of financial products and an increase in short-term borrowings[9] - Cash and cash equivalents rose to ¥1,147,405,331.27 from ¥698,601,796.02, marking a significant increase of approximately 64.43%[17] - The company's total assets increased by 7.60% to CNY 2,536,770,755.35 from CNY 2,357,621,911.89 at the end of the previous year[3] - The company's total assets reached CNY 2,536,770,755.35, up from CNY 2,357,621,911.89 in the previous year[22] Liabilities and Shareholder Information - Total liabilities increased to ¥635,273,010.10 from ¥465,940,591.93, an increase of approximately 36.36%[19] - Total number of common shareholders at the end of the reporting period is 27,205[14] - The largest shareholder, Huizhou Huifengbao Equity Investment Partnership, holds 30.05% of shares, totaling 124,213,228 shares[14] - The number of shares held by the top ten shareholders represents a significant concentration of ownership, with the top shareholder alone holding over 30%[14] Costs and Expenses - Total operating costs for Q1 2022 were CNY 319,004,698.96, up 12.0% from CNY 285,147,967.97 in the previous year[21] - The gross profit margin decreased by 3.29%, attributed to factors such as exchange rate fluctuations, rising labor costs, and increased logistics costs[8] - Research and development expenses for Q1 2022 were CNY 27,476,744.66, an increase of 13.4% from CNY 24,172,841.03 in Q1 2021[21] Investment and Income - The company reported a 100.00% increase in investment income to CNY 294,310.00, driven by higher interest from investment products[11] - The company did not recognize any asset disposal income during the period, resulting in a 100.00% decrease in asset disposal income compared to the previous year[11] Market and Product Development - The company plans to continue expanding its product offerings in smart home and smartphone precision components, which contributed to revenue growth[8] - The company has not reported any new product developments or market expansion strategies in the current quarter[16] Other Financial Metrics - Basic and diluted earnings per share for Q1 2022 were both CNY 0.02, down from CNY 0.10 in Q1 2021[23] - The company experienced a foreign exchange loss of CNY 712,141.95 in Q1 2022[22] - Accounts receivable decreased to ¥374,032,431.86 from ¥427,736,398.22, a decline of about 12.5%[18] - Inventory increased to ¥339,428,683.34 from ¥305,354,526.62, reflecting an increase of approximately 11.15%[18]
格林精密(300968) - 2022 Q1 - 季度财报