Financial Performance - The company's revenue for Q1 2022 was ¥176,686,503.18, representing a 1.38% increase compared to ¥174,283,307.99 in the same period last year[3] - The net profit attributable to shareholders was ¥22,636,788.76, showing a slight increase of 0.02% from ¥22,631,755.73 year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥22,321,643.71, up by 0.96% from ¥22,108,421.30 in the previous year[3] - The basic earnings per share decreased by 24.00% to ¥0.38 from ¥0.50 in the same period last year[3] - Total operating revenue for Q1 2022 was CNY 176,686,503.18, an increase of 2.02% compared to CNY 174,283,307.99 in Q1 2021[27] - Net profit for Q1 2022 was CNY 22,636,788.76, slightly up from CNY 22,631,755.73 in Q1 2021, indicating a stable performance[28] - Earnings per share for Q1 2022 were CNY 0.38, down from CNY 0.50 in the previous year[29] - The total comprehensive income for Q1 2022 was CNY 22,636,788.76, consistent with the net profit reported[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,533,592,337.88, a decrease of 0.22% from ¥1,536,897,274.61 at the end of the previous year[3] - The equity attributable to shareholders increased by 1.82% to ¥1,263,071,500.37 from ¥1,240,434,711.61 at the end of the previous year[3] - Total liabilities as of Q1 2022 amounted to CNY 270,520,837.51, down from CNY 296,462,563.00 in the previous year[25] - The company's total liabilities decreased to CNY 1,226,002,287.82 from CNY 1,230,610,141.42, indicating a slight reduction in financial obligations[24] Cash Flow - Cash flow from operating activities showed an improvement, with a net outflow of ¥8,730,080.41, which is 6.69% better than the outflow of ¥9,356,238.82 in the same period last year[3] - Cash flow from operating activities in Q1 2022 was CNY 180,333,988.16, compared to CNY 189,758,427.94 in Q1 2021, showing a decrease of 4.76%[30] - The net cash flow from operating activities for Q1 2022 was -8,730,080.41 CNY, compared to -9,356,238.82 CNY in Q1 2021, indicating a slight improvement[32] - The net cash flow from investing activities was -57,116,237.30 CNY in Q1 2022, a significant decrease from a positive 17,584,590.03 CNY in Q1 2021[32] - The total cash outflow from financing activities was 8,435,570.93 CNY in Q1 2022, compared to 1,012,629.30 CNY in Q1 2021, reflecting increased financial obligations[32] - The company reported a total cash inflow from investment activities of 68,215,958.33 CNY in Q1 2022, down from 160,410,359.02 CNY in Q1 2021[32] Investments and Expenses - Research and development expenses for Q1 2022 were CNY 10,642,304.45, slightly down from CNY 10,998,310.12 in Q1 2021[27] - The company reported a financial income of CNY 4,948,041.04 in Q1 2022, compared to CNY 26,849.46 in the same period last year, indicating a significant increase in financial performance[27] Inventory and Fixed Assets - The company’s inventory increased to CNY 136,438,725.15 from CNY 115,965,592.00 at the beginning of the year, indicating a growth of approximately 17.6%[23][24] - The company’s fixed assets rose significantly to CNY 213,714,256.60 from CNY 142,562,576.83, reflecting an increase of about 50%[24] Other Information - The company established a special account for raised funds and signed a tripartite supervision agreement with banks and sponsors[18] - The company’s subsidiary obtained a high-tech enterprise certificate, allowing it to enjoy a reduced corporate income tax rate of 15% for three years[20] - The company’s short-term borrowings remained stable at CNY 30,035,753.42[24] - The company’s accounts receivable increased to CNY 98,946,937.40 from CNY 95,357,512.74, showing a growth of approximately 3%[23][24] - The company’s first-quarter report for 2022 was not audited[33]
星华新材(301077) - 2022 Q1 - 季度财报