Financial Performance - The company's operating revenue for Q1 2022 was ¥183,049,478.89, representing a 131.21% increase compared to ¥79,169,560.85 in the same period last year[4] - Net profit attributable to shareholders for Q1 2022 was ¥33,005,662.89, a 177.59% increase from ¥11,889,892.01 year-on-year[4] - The total operating revenue for the first quarter of 2022 was CNY 183,049,478.89, a significant increase from CNY 79,169,560.85 in the same period last year, representing a growth of approximately 131.3%[48] - The total operating profit reached 38,163,877.50 CNY, significantly up from 13,428,947.29 CNY, marking an increase of approximately 184.5%[57] - The total profit before tax was 38,128,783.40 CNY, compared to 13,419,880.16 CNY in the previous year, marking an increase of about 184.5%[57] - The company reported a total comprehensive income of 32,803,170.84 CNY, compared to 11,970,298.54 CNY in the previous year, indicating an increase of approximately 173.5%[59] - The basic and diluted earnings per share were both 0.33 CNY, up from 0.16 CNY in the previous year, reflecting a growth of 106.3%[59] Cash Flow and Liquidity - The net cash flow from operating activities was -¥1,000,138.26, a decrease of 103.45% compared to ¥28,984,646.10 in the previous year[4] - The company's cash and cash equivalents at the end of the first quarter were CNY 255,915,494.34, down from CNY 273,580,867.72 at the beginning of the year, indicating a decrease of approximately 6.4%[14] - The cash flow from operating activities showed a net outflow of 1,000,138.26 CNY, a decrease from a net inflow of 28,984,646.10 CNY in the previous year[61] - The net increase in cash and cash equivalents for the period was -17,665,373.38 CNY, showing a decline in liquidity[63] - The initial cash and cash equivalents balance was 273,477,337.09 CNY, indicating a strong starting liquidity position[63] - The total cash and cash equivalents at the end of the period amounted to 255,811,963.71 CNY, compared to 136,657,040.17 CNY at the end of the previous period[63] Assets and Liabilities - Total assets at the end of Q1 2022 reached ¥752,550,392.19, up 52.36% from ¥493,919,591.18 at the end of the previous year[4] - The total assets of the company reached CNY 752,550,392.19, compared to CNY 737,116,255.78 at the beginning of the year, reflecting a growth of approximately 2.3%[16] - The total liabilities decreased to CNY 115,060,871.69 from CNY 132,429,906.12, representing a reduction of about 13.1%[30] - Non-current assets totaled CNY 232,592,949.12, up from CNY 219,238,099.49, indicating an increase of about 6.0%[16] - The company's total equity attributable to shareholders increased by 59.98% to ¥637,291,797.16 from ¥398,363,073.44 at the end of the previous year[4] - The company's total equity rose to CNY 637,489,520.50 from CNY 604,686,349.66, indicating an increase of about 5.4%[45] Research and Development - The company's R&D expenses increased by 31.78% to ¥6,310,729.02, reflecting enhanced efforts in new product development[9] - Research and development expenses increased to 6,310,729.02 CNY from 4,788,963.97 CNY, reflecting a growth of about 31.7%[57] Income and Expenses - The total operating costs for the first quarter of 2022 amounted to CNY 149,120,755.58, compared to CNY 66,978,732.14 in the previous year, reflecting an increase of about 122.1%[53] - The company incurred sales expenses of 3,381,962.67 CNY, up from 2,280,389.49 CNY, which is an increase of approximately 48.4%[57] - The income tax expense was 5,275,236.13 CNY, significantly higher than 1,530,692.79 CNY in the previous year, reflecting an increase of approximately 244.5%[57] Other Income - The company reported a significant increase in other income, which rose by 2792.19% to ¥3,853,603.90 due to increased government subsidies[9] Accounts Receivable and Inventory - Accounts receivable increased by 38.96% to ¥84,156,477.23, primarily due to increased overseas sales revenue[7] - Accounts receivable increased to CNY 84,156,477.23 from CNY 60,560,152.34, marking a rise of about 38.9%[14] - Inventory decreased to CNY 106,651,386.63 from CNY 112,722,004.85, showing a decline of approximately 5.4%[16] Investment Activities - The net cash flow from investing activities was -16,847,409.66 CNY, an improvement from -64,920,288.80 CNY in the previous period[63] - The company invested 20,247,861.24 CNY in fixed assets, intangible assets, and other long-term assets during the quarter[63] - The cash flow from investment activities showed a significant reduction in outflows, suggesting a potential shift in investment strategy[63] Audit and Compliance - The company did not conduct an audit for the first quarter report, which may affect investor confidence in the reported figures[64]
嘉益股份(301004) - 2022 Q1 - 季度财报