Financial Performance - The company's operating revenue for Q1 2022 was ¥113,397,497.98, a decrease of 5.48% compared to ¥119,967,359.90 in the same period last year[5] - The net profit attributable to shareholders for Q1 2022 was ¥12,406,205.25, down 18.53% from ¥15,227,714.10 year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥10,777,216.36, a decline of 28.75% compared to ¥15,125,301.59 in the previous year[5] - Basic and diluted earnings per share decreased by 42.11% to ¥0.11 from ¥0.19 year-on-year[5] - Operating profit for the first quarter was CNY 13,713,206.32, down from CNY 16,968,084.21, reflecting a decline of 19.3% year-over-year[23] - The company reported a gross profit margin of approximately 10.5% for Q1 2022, compared to 16.5% in the same period last year[22] Cash Flow and Investments - The net cash flow from operating activities was ¥470,975.15, a significant drop of 95.44% from ¥10,339,472.28 in the same period last year[5] - The cash flow from operating activities showed a net increase of CNY 470,975.15, a significant drop from CNY 10,339,472.28 in the prior year[27] - The company experienced a 51.95% increase in cash outflow from investing activities, totaling -¥18,715,972.32 compared to -¥12,316,875.74 in the previous year[10] - Investment activities resulted in a net cash outflow of CNY 18,715,972.32, compared to a smaller outflow of CNY 12,316,875.74 in the same period last year[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥688,934,755.56, a slight decrease of 0.06% from ¥689,338,964.36 at the end of the previous year[5] - Total assets as of the end of Q1 2022 were RMB 688,934,755.56, slightly down from RMB 689,338,964.36 at the beginning of the year[19] - Total liabilities decreased to RMB 76,174,207.17 from RMB 88,984,621.22, indicating a reduction of about 14.4%[20] - The company's cash and cash equivalents decreased to RMB 132,819,875.13 from RMB 155,694,483.79 at the beginning of the year, reflecting a decline of approximately 14.6%[18] - Accounts receivable decreased to RMB 17,279,802.18 from RMB 21,481,426.33, a reduction of about 19.5%[18] - Inventory increased to RMB 96,690,139.46 from RMB 82,287,004.21, representing a rise of approximately 17.6%[18] Shareholder Equity - The equity attributable to shareholders increased by 2.07% to ¥612,760,548.39 from ¥600,354,343.14 at the end of the previous year[5] - The company's retained earnings increased to RMB 247,764,699.58 from RMB 235,358,494.33, reflecting a growth of approximately 5.9%[20] Other Income and Expenses - The company reported a significant increase in other income, which rose by 468.03% to ¥857,097.71 due to increased government subsidies received[10] - The total operating expenses for the quarter were CNY 99,953,214.28, compared to CNY 90,282,729.44 in the previous year, indicating an increase of 10.5%[27] - Total operating costs for Q1 2022 were RMB 101,770,242.97, down from RMB 102,716,432.00 in the previous year, indicating a slight cost reduction[22] Future Outlook - The company plans to focus on expanding its market presence and developing new technologies in the upcoming quarters[17] Audit Status - The company did not undergo an audit for the first quarter report[29]
汇隆新材(301057) - 2022 Q1 - 季度财报