Financial Performance - The company's revenue for Q1 2022 was ¥189,669,800.09, a decrease of 21.39% compared to ¥241,279,921.05 in the same period last year[3] - Net profit attributable to shareholders was ¥19,401,887.97, down 27.44% from ¥26,740,414.23 year-on-year[3] - Basic earnings per share decreased by 44.74% to ¥0.21 from ¥0.38 in the same period last year[3] - Total operating revenue for the current period is ¥189,669,800.09, down from ¥241,279,921.05 in the previous period, representing a decrease of approximately 21.5%[25] - Net profit for the current period is ¥19,401,887.97, compared to ¥26,740,414.23 in the previous period, reflecting a decline of approximately 27.5%[26] - Operating profit decreased to ¥20,724,487.04 from ¥30,048,448.77, a drop of around 30.8%[25] - Basic and diluted earnings per share decreased to ¥0.21 from ¥0.38, a decline of approximately 44.7%[26] Cash Flow and Assets - The net cash flow from operating activities increased by 275.95%, reaching ¥32,890,449.23, compared to a negative cash flow of -¥18,693,500.05 in the previous year[3] - Cash and cash equivalents increased by 104.33%, totaling ¥23,504,909.44 compared to ¥11,503,267.71 in the same period last year[12] - Cash flow from operating activities generated a net amount of ¥32,890,449.23, a significant improvement from a net outflow of ¥18,693,500.05 in the previous period[29] - Cash and cash equivalents at the end of the period increased to ¥97,234,945.90 from ¥53,075,381.84, marking a rise of approximately 83.3%[30] - Total assets at the end of the reporting period were ¥1,139,151,659.99, a decrease of 3.49% from ¥1,180,387,479.53 at the end of the previous year[3] - As of March 31, 2022, total current assets decreased to CNY 814.66 million from CNY 895.09 million at the beginning of the year, a decline of approximately 9.0%[22] Liabilities and Equity - Total liabilities decreased to CNY 375.38 million from CNY 436.02 million, a reduction of approximately 13.9%[23] - The company's equity attributable to shareholders increased to CNY 763.77 million from CNY 744.37 million, an increase of approximately 2.6%[23] Shareholder Information - Major shareholders include Tian Nianbin with 24.35% and Wang Zongyou with 23.02% of shares[15] - The company reported a total of 70,890,000 restricted shares, with no new shares added during the period[17] - The company plans to lift restrictions on shares for major shareholders on June 7, 2024[17] - The top ten unrestricted shareholders hold a total of 400,046 shares from various investment funds[15] - The company has a significant number of shares held by institutional investors, indicating strong market interest[15] - The company maintains a stable shareholder structure with no significant changes in ownership percentages[15] Operational Highlights - The company reported a significant increase in receivables financing, which rose by 538.15% to ¥9,250,000.00 from ¥1,449,500.00 year-on-year[8] - Financial expenses surged by 543.38% to ¥1,351,355.33 due to increased short-term bank borrowings compared to the previous year[10] - The company experienced an 81.27% decrease in other income, which fell to ¥921,806.30 from ¥4,921,442.59 year-on-year[10] - Research and development expenses rose to ¥13,584,064.60 from ¥11,261,513.81, an increase of about 20.6%[25] - The company reported investment income of ¥1,463,808.19, up from ¥342,977.78 in the previous period, indicating a growth of approximately 326.5%[25] Future Outlook and Plans - The company has not provided specific future performance guidance or outlook in this report[16] - The company plans to issue convertible bonds to raise up to CNY 294.35 million, adjusted from the initial CNY 355.00 million due to the pandemic impact[18] - The issuance of convertible bonds is subject to approval from the Shenzhen Stock Exchange and the China Securities Regulatory Commission, with uncertainties regarding the timeline[19] Market and Product Development - The company has not reported any new product launches or technological advancements in this quarter[16] - There are no updates on market expansion or mergers and acquisitions in the current report[16] - The report indicates a focus on maintaining existing shareholder relationships and compliance with regulatory requirements[16]
崧盛股份(301002) - 2022 Q1 - 季度财报