Financial Performance - The company's operating revenue for Q1 2022 was ¥711,465,076.56, a decrease of 11.16% compared to ¥800,807,390.06 in the same period last year[4] - Net profit attributable to shareholders was ¥6,965,654.46, down 53.23% from ¥14,893,191.28 year-on-year[4] - The net profit after deducting non-recurring gains and losses was -¥3,050,013.84, representing a decline of 124.28% compared to ¥12,562,541.45 in the previous year[4] - Basic earnings per share decreased by 62.50% to ¥0.03 from ¥0.08 in the same period last year[5] - The company's operating profit for Q1 2022 was CNY 5,293,440.36, down from CNY 14,649,291.96 in Q1 2021, reflecting a decline of 63.9%[24] - The company reported a net profit margin of approximately 1.9% for Q1 2022, down from the previous year's margin[22] - The total comprehensive income for Q1 2022 was CNY 6,965,654.46, a decrease of 53.2% from CNY 14,893,191.28 in Q1 2021[25] Cash Flow and Liquidity - The net cash flow from operating activities improved by 42.65%, reaching -¥132,221,715.10, compared to -¥230,558,585.88 in the previous year[4] - Total cash inflow from operating activities was CNY 588,969,874.17, compared to CNY 428,874,905.35 in the previous year, representing an increase of 37.3%[27] - Cash outflow from operating activities amounted to CNY 721,191,589.27, up from CNY 659,433,491.23, indicating a rise of 9.4%[27] - The net cash flow from operating activities was negative at CNY -132,221,715.10, an improvement from CNY -230,558,585.88 in Q1 2021[27] - The company generated a net cash flow from investing activities of CNY 29,881,080.85, a significant recovery from CNY -56,624,067.56 in the previous year[28] - Cash and cash equivalents at the end of the period were CNY 369,944,980.60, down 16.3% from CNY 442,154,884.01 at the beginning of the year[18] - The total cash and cash equivalents at the end of Q1 2022 were CNY 234,948,827.42, compared to CNY 201,188,072.03 at the end of Q1 2021, showing an increase of 16.8%[29] - The company reported a foreign exchange impact on cash and cash equivalents of CNY 12,844.43 during the quarter[29] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,608,311,048.27, an increase of 4.94% from ¥2,485,448,982.35 at the end of the previous year[5] - Total assets as of the end of Q1 2022 amounted to CNY 2,608,311,048.27, an increase from CNY 2,485,448,982.35 at the beginning of the year[21] - Total liabilities increased to CNY 1,527,732,619.17, up from CNY 1,411,857,266.66 at the start of the year, reflecting a growth of 8.2%[21] - The company's total equity at the end of Q1 2022 was CNY 1,080,578,429.10, slightly up from CNY 1,073,591,715.69 at the beginning of the year[21] Research and Development - The decline in net profit was attributed to increased R&D expenses and rising raw material costs[10] - Research and development expenses increased to CNY 23,296,489.80, representing a rise of 17.5% compared to CNY 19,804,402.55 in the previous year[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 17,029[12] - Basic and diluted earnings per share for Q1 2022 were both CNY 0.03, down from CNY 0.08 in the same quarter last year[25] Future Outlook - The company plans to continue investing in new product development and market expansion strategies in the upcoming quarters[22]
新柴股份(301032) - 2022 Q1 - 季度财报