Financial Performance - The company's revenue for Q1 2022 was ¥129,835,985, representing a 9.02% increase compared to ¥119,098,396 in the same period last year[4] - Net profit attributable to shareholders decreased by 22.84% to ¥10,383,635.42 from ¥13,457,741.06 year-on-year[4] - Basic earnings per share fell by 42.11% to ¥0.1144 from ¥0.1976 in the previous year[5] - Total profit decreased by 33.14% to ¥10,679,434.62 from ¥15,971,905.23 year-on-year, attributed to exchange rate fluctuations and rising raw material costs[10] - Total operating revenue for Q1 2022 was CNY 129,835,985, an increase of 8.3% compared to CNY 119,098,396 in Q1 2021[25] - Net profit for Q1 2022 was CNY 10,383,635, a decrease of 22.8% from CNY 13,457,741 in Q1 2021[27] - Basic earnings per share for Q1 2022 were CNY 0.1144, down from CNY 0.1976 in Q1 2021[27] Assets and Liabilities - Total assets increased by 53.39% to ¥899,843,678.43 compared to ¥586,619,820.38 at the end of the previous year[5] - The total liabilities of the company are not explicitly stated but are implied to be managed effectively given the increase in total assets[21] - The company's total liabilities increased to CNY 209,779,285, up from CNY 175,034,995 in the previous year[23] - The total equity attributable to shareholders reached CNY 690,064,392, compared to CNY 679,644,691 in Q1 2021[23] Cash Flow - Operating cash flow for Q1 2022 was CNY 22,879,322, an increase of 14.4% compared to CNY 20,002,664 in Q1 2021[30] - Cash inflow from financing activities totaled ¥30,000,000.00, an increase from ¥21,366,788.43 year-over-year[31] - The cash and cash equivalents at the end of the period amounted to ¥115,851,389.66, compared to ¥67,790,042.00 at the end of Q1 2021[31] - The company reported a cash inflow from investment income of ¥342,000.00 during the quarter[31] - The beginning cash and cash equivalents balance was ¥114,474,108.88, leading to a net increase of ¥1,377,280.78 during the quarter[31] Expenses - Sales expenses rose by 56.01% to ¥2,620,592.28 due to increased investment in domestic market expansion[10] - Total operating costs for Q1 2022 were CNY 120,751,195, up 17.8% from CNY 102,484,025 in the same period last year[25] - Research and development expenses for Q1 2022 were CNY 4,714,777, slightly up from CNY 4,502,105 in Q1 2021[26] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 10,653[12] - The total number of restricted shares held by major shareholders remains at 68,100,000, with specific release dates set for 2022 and 2024[16] Strategic Initiatives - The company signed a framework agreement with GAZI INTERNATIONAL, effective for three years from July 1, 2022, to June 30, 2025, to enhance operational collaboration[18] - The company is focused on maintaining a strong balance sheet while exploring new market opportunities and partnerships[18] Other Financial Metrics - The weighted average return on equity decreased to 1.52% from 2.96% year-on-year, a decline of 1.44%[5] - Financial expenses surged by 580.62% to ¥4,687,747.79 primarily due to exchange losses from the Russia-Ukraine conflict[10] - The company received government subsidies amounting to ¥965,852.98, contributing to other income[10] - The company reported a decrease in accounts receivable from RMB 116,271,408.45 to RMB 104,788,188.18, a decline of approximately 9.8%[20]
泰福泵业(300992) - 2022 Q1 - 季度财报