Financial Performance - The company's revenue for Q1 2022 was ¥326,993,056.11, a decrease of 14.01% compared to ¥380,265,654.52 in the same period last year[3] - Net profit attributable to shareholders was ¥26,564,880.29, down 40.15% from ¥44,385,806.31 year-on-year[3] - The company reported a basic earnings per share of ¥0.27, a decrease of 54.24% from ¥0.59 in the previous year[3] - Total operating revenue for Q1 2022 was ¥326,993,056.11, a decrease of 14.0% compared to ¥380,265,654.52 in the same period last year[19] - Net profit for Q1 2022 was ¥26,564,880.29, representing a decline of 40.1% from ¥44,385,806.31 in Q1 2021[20] - Basic and diluted earnings per share for Q1 2022 were both ¥0.27, down from ¥0.59 in the same quarter last year[21] Cash Flow and Liquidity - The net cash flow from operating activities was -¥53,497,921.13, a decline of 367.40% compared to -¥11,445,853.81 in Q1 2021[7] - Cash inflow from operating activities totaled ¥168,555,190.33, compared to ¥212,317,946.82 in the previous year[22] - The company's cash flow from other operating activities was ¥14,829,883.91, compared to ¥7,315,651.07 in the same period last year[22] - The net cash flow from investment activities was -8,594,070.63, compared to -675,464.53 in the previous year, showing a worsening investment position[24] - The net cash flow from financing activities increased to ¥66,654,236.21 from ¥13,673,804.72, suggesting improved financing conditions despite lower inflows[24] - The total cash and cash equivalents at the end of the period were ¥20,960,078.73, down from ¥29,426,554.09 year-over-year[24] - The company reported a total cash outflow from operating activities of 222,053,111.46, slightly lower than 223,763,800.63 in the previous year[24] - The cash flow from financing activities included a repayment of debts amounting to ¥10,000,000.00, significantly lower than ¥132,225,011.70 in the previous year[24] - The company experienced a foreign exchange impact on cash and cash equivalents of -20,381.92, contrasting with a positive impact of 74,675.80 in the previous year[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,001,677,505.41, an increase of 3.18% from ¥1,939,936,093.31 at the end of the previous year[3] - The company's total liabilities increased to ¥386,277,535.79 from ¥352,449,560.89 year-over-year[18] - The total equity attributable to shareholders of the parent company rose to ¥1,615,399,969.62 from ¥1,587,486,532.42 in the previous year[18] - The total current assets reached ¥577,659,645.05, up from ¥498,139,106.65, reflecting an increase of approximately 15.9%[16] - Non-current assets totaled ¥1,424,017,860.36, slightly down from ¥1,441,796,986.66, showing a decrease of about 1.2%[16] Operational Metrics - Total operating costs for Q1 2022 were ¥307,821,098.27, down 6.1% from ¥327,745,861.55 in the previous year[19] - Research and development expenses for Q1 2022 were ¥14,310,462.24, a decrease of 7.5% from ¥15,470,615.12 in Q1 2021[19] - The company's short-term borrowings increased by 69.75% to ¥115,738,438.17 from ¥68,182,902.08 at the end of the previous year[6] - Accounts receivable rose to ¥194,777,862.80, up from ¥162,863,874.69, indicating an increase of about 19.6%[16] - Inventory levels increased to ¥264,169,784.12 from ¥228,015,578.90, representing a growth of approximately 15.9%[16] Shareholder Information - The company reported a total of 76,289,954 shares with lock-up restrictions, with the majority set to be released on July 28, 2022, and July 28, 2024[12] - The company has a significant amount of limited shares held by major shareholders, including Yang Hanzhou with 35,227,766 shares[12] Future Outlook - The company is focused on maintaining its market position and exploring new strategies for growth, although specific future outlooks were not detailed in the provided documents[14] Government Support - The company received government subsidies amounting to ¥15,378,264.01 during the quarter[5] Audit Information - The company did not conduct an audit for the first quarter report, which may affect the reliability of the financial data presented[25]
双乐股份(301036) - 2022 Q1 - 季度财报