Financial Performance - The company's revenue for Q1 2022 was CNY 279,754,063.65, representing a 1.01% increase compared to CNY 276,946,759.50 in the same period last year[3] - Net profit attributable to shareholders decreased by 25.90% to CNY 9,437,147.86 from CNY 12,735,519.16 year-on-year[3] - The company achieved operating revenue of CNY 279.75 million in Q1 2022, representing a year-on-year increase of 1.01%[13] - In Q1 2022, the company's net profit was CNY 9,459,686.85, a decrease of 24.4% compared to CNY 12,516,235.70 in Q1 2021[22] - The total comprehensive income for the period was CNY 9,459,686.85, reflecting a decrease from CNY 12,516,235.70 in Q1 2021[23] - The company’s total profit was CNY 8,171,589.10, a decline of 42.8% from CNY 14,281,038.38 in Q1 2021[22] - Basic and diluted earnings per share were both CNY 0.12, down from CNY 0.17 in the same quarter last year[23] Cash Flow and Assets - The net cash flow from operating activities was negative at CNY -1,626,553.04, a decline of 351.54% compared to CNY 646,648.29 in the previous year[9] - The cash and cash equivalents decreased from CNY 158.19 million to CNY 112.97 million, reflecting cash flow challenges[17] - The cash and cash equivalents at the end of the period were CNY 83,735,787.18, slightly up from CNY 83,378,028.92 at the end of Q1 2021[27] - Investment activities resulted in a net cash outflow of CNY -48,847,847.39, compared to CNY -38,998,776.05 in the previous year[27] - The company's current liabilities decreased from CNY 538.92 million to CNY 430.70 million during the same period[19] - Total assets decreased by 7.34% to CNY 1,125,815,671.55 from CNY 1,214,962,762.28 at the end of the previous year[3] - The total assets as of March 31, 2022, were CNY 1.13 billion, down from CNY 1.21 billion at the beginning of the year[19] Equity and Investments - The total equity attributable to shareholders increased by 1.73% to CNY 554,859,353.78 from CNY 545,422,205.92 at the end of the previous year[3] - Investment income decreased by 42.09% to CNY 338,258.04, attributed to lower financial investment returns compared to the previous year[8] Operational Efficiency and R&D - The company's R&D expenses increased by 10.30% year-on-year, focusing on expanding into new sectors such as automotive electronics and medical health[15] - Research and development expenses increased to CNY 16,991,869.90, up 10.3% from CNY 15,405,124.52 in the same period last year[22] - The company is focusing on technological innovation and management innovation to enhance operational efficiency and scale[15] - The company aims to integrate and collaborate across the supply chain to drive systematic upgrades in industrialization and information technology[13] Inventory and Profitability - The inventory level decreased from CNY 193.19 million to CNY 146.56 million, indicating improved inventory management[17] - The company reported a decline in gross profit margin due to increased costs and delayed price transmission to customers[13] Government Support and Financing - The company received government subsidies amounting to CNY 2,197,756.09, which are closely related to its normal business operations[5] - The net cash flow from financing activities improved by 113.65%, reaching CNY 6,707,170.61, due to increased bank borrowings[9]
瑞德智能(301135) - 2022 Q1 - 季度财报