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张小泉(301055) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was CNY 208,899,706.92, representing a 28.09% increase compared to CNY 163,092,663.32 in the same period last year[3] - Net profit attributable to shareholders decreased by 45.96% to CNY 12,457,511.00 from CNY 23,052,190.37 year-on-year[3] - Basic and diluted earnings per share dropped by 60.00% to CNY 0.08 from CNY 0.20 in the same period last year[3] - The net profit for Q1 2022 decreased by 60.00% to CNY 0.08 per share compared to CNY 0.20 in Q1 2021[10] - The total comprehensive income for the period was CNY 12,501,773.29, a decrease of 45.6% compared to CNY 23,052,190.37 in the previous year[25] Cash Flow - The net cash flow from operating activities was negative at CNY -40,873,489.51, a decline of 571.67% compared to CNY 8,665,629.57 in the previous year[3] - Cash flow from operating activities turned negative at CNY -40,873,489.51, a decline of 571.67% from CNY 8,665,629.57 in the same period last year[10] - The cash flow from operating activities showed a net outflow of CNY -40,873,489.51, contrasting with a net inflow of CNY 8,665,629.57 in the same quarter last year[29] - The company had a net cash outflow from investing activities of CNY -19,608,722.08, compared to CNY -39,587,151.11 in the same period last year[29] - The total cash inflow from financing activities was CNY 2,000,000.00, a decrease from CNY 13,065,175.00 in Q1 2021[29] Expenses and Costs - The company experienced a significant increase in sales expenses, which rose by 74.37% to CNY 34,316,815.33 due to increased marketing efforts on e-commerce platforms[9] - The company's management expenses surged by 96.11% to CNY 17,904,194.99, primarily due to increased depreciation and amortization from the new production facility[9] - The company reported a significant increase in credit impairment losses, amounting to CNY -614,436.25, which is a 444.46% increase compared to the previous year[10] - Total operating costs amounted to ¥191,874,714.21, up from ¥134,131,837.69 in the prior period[23] Assets and Liabilities - Total assets decreased by 4.19% to CNY 984,154,023.09 from CNY 1,027,224,544.05 at the end of the previous year[3] - The company's total liabilities increased due to a rise in accounts payable, influenced by inventory accumulation amid logistics disruptions caused by the pandemic[10] - Total liabilities decreased to ¥247,110,632.47 from ¥304,682,926.72, reflecting a reduction of approximately 18.9%[21] - The company's cash and cash equivalents decreased to ¥163,108,976.93 from ¥222,491,773.16 at the beginning of the year, reflecting a decline of approximately 26.6%[19] - Accounts receivable decreased to ¥32,970,375.12 from ¥36,309,068.84, indicating a reduction of about 9.1%[19] - Inventory increased to ¥181,832,386.04 from ¥162,875,461.78, representing an increase of approximately 11.6%[19] Strategic Focus - The company is focusing on expanding its marketing efforts on platforms like Douyin to counteract the impact of the pandemic on sales[4] - The company plans to focus on new product development and market expansion strategies in the upcoming quarters[10] - The company plans to release restricted shares totaling 120,866,200 by September 6, 2024, which may impact future liquidity[16] Market Challenges - The company faced challenges due to the pandemic, which affected sales in key retail areas, particularly in Shanghai[4] - The company's operating income showed a significant decline, primarily due to the impact of the pandemic on logistics and delivery[10]