Financial Performance - The company's operating revenue for Q1 2022 was ¥160,680,453.44, a decrease of 3.29% compared to ¥166,140,589.61 in the same period last year[3] - Net profit attributable to shareholders was ¥9,002,276.17, down 39.52% from ¥14,884,314.14 year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥5,530,554.82, a decline of 60.26% compared to ¥13,917,970.26 in the previous year[3] - Basic and diluted earnings per share were both ¥0.0857, down 54.89% from ¥0.1900 year-on-year[3] - Total operating revenue for Q1 2022 was CNY 160,680,453.44, a decrease of 3.3% from CNY 166,140,589.61 in the previous year[20] - Net profit for Q1 2022 was CNY 9,076,907.68, down 40% from CNY 15,109,728.95 in Q1 2021[21] Cash Flow - The net cash flow from operating activities was -¥10,600,783.10, a significant decrease of 156.71% from ¥18,691,845.51 in the same period last year[3] - Cash inflow from operating activities totaled CNY 129,615,126.60, compared to CNY 150,637,078.42 in the same period last year[24] - Cash outflow from operating activities was CNY 140,215,909.70, an increase from CNY 131,945,232.91 in the previous year[24] - The net cash flow from operating activities for Q1 2022 was -10,600,783.10 CNY, compared to 18,691,845.51 CNY in the same period last year[25] - The net cash flow from investing activities was -17,262,446.23 CNY, a decrease from -119,804,356.33 CNY year-over-year[25] - The net cash flow from financing activities was -2,604,209.48 CNY, compared to -941,454.20 CNY in the previous year[25] - The company reported a net decrease in cash and cash equivalents of -30,588,023.15 CNY for the quarter[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥971,965,391.39, a slight decrease of 0.22% from ¥974,152,243.63 at the end of the previous year[3] - Current assets decreased from ¥633,430,754.04 to ¥621,559,735.90, primarily due to a reduction in cash and cash equivalents from ¥235,402,450.01 to ¥204,493,318.53[17] - Total liabilities decreased from ¥474,000,000.00 to ¥470,000,000.00, reflecting a stable financial position[18] - The company's total liabilities decreased to CNY 184,820,494.14 from CNY 196,584,254.06[20] Shareholder Equity - Shareholders' equity attributable to the parent company increased by 1.17% to ¥778,823,105.53 from ¥769,820,829.36 at the end of the previous year[3] - Total equity attributable to shareholders increased to CNY 778,823,105.53 from CNY 769,820,829.36[20] Operational Efficiency - The company reported a 51.28% increase in receivables financing, amounting to ¥35,157,239.11, due to an increase in bank acceptance bill settlements[6] - The company is actively managing its receivables and inventory levels to optimize working capital[18] - Inventory increased from ¥166,881,232.28 to ¥177,913,254.79, indicating a rise in stock levels[18] Financial Expenses and Subsidies - Financial expenses surged by 1708.71% to ¥2,072,715.68, primarily due to increased exchange rate losses[8] - The company received government subsidies related to daily activities, which decreased by 83.19% to ¥135,600.00 compared to ¥806,734.53 in the previous year[8] Research and Development - The company reported a decrease in research and development expenses to CNY 6,729,792.28 from CNY 7,154,224.54[20] Other Information - There are no new product developments or market expansion strategies mentioned in the current report[16] - The company did not conduct an audit for the Q1 2022 report[26]
中捷精工(301072) - 2022 Q1 - 季度财报