Financial Performance - The company's operating revenue for Q1 2022 was ¥167,200,555.17, a decrease of 6.64% compared to ¥179,086,519.01 in the same period last year[3] - Net profit attributable to shareholders was ¥23,334,868.94, down 23.53% from ¥30,513,346.85 year-on-year[3] - The company's basic earnings per share decreased by 20.83% to ¥0.19 from ¥0.24 in the same period last year[3] - The weighted average return on equity fell to 2.97%, down 2.17% from 5.14% in the previous year[3] - The net profit attributable to the parent company for Q1 2022 was ¥23,334,868.94, a decrease from ¥30,513,346.85 in Q1 2021, representing a decline of approximately 23.5%[19] - The basic and diluted earnings per share for Q1 2022 were both ¥0.19, down from ¥0.24 in the same period last year, indicating a decrease of 20.8%[19] - The company reported a total comprehensive income of ¥23,334,868.94 for Q1 2022, down from ¥30,513,346.85 in the previous year, indicating a decline of approximately 23.5%[19] Cash Flow - The net cash flow from operating activities was -¥30,447,425.80, representing a decline of 181.18% compared to ¥37,504,629.07 in the previous year[3] - Cash inflow from operating activities totaled ¥244,163,217.20, compared to ¥295,364,221.86 in Q1 2021, reflecting a decrease of about 17.3%[21] - The net cash flow from operating activities was negative at -¥30,447,425.80, contrasting with a positive net cash flow of ¥37,504,629.07 in the previous year[21] - Cash inflow from investment activities was ¥91,124,121.30, down from ¥105,120,239.46 in Q1 2021, a decrease of approximately 13.5%[22] - The net cash flow from investment activities improved to ¥74,072,112.40, compared to a negative net cash flow of -¥27,613,230.40 in the same period last year[22] - The net cash flow from financing activities was -¥32,994,119.89, worsening from -¥5,093,882.28 in Q1 2021[22] - The total cash and cash equivalents at the end of Q1 2022 stood at ¥73,673,356.63, an increase from ¥42,873,636.89 at the end of Q1 2021[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,337,731,066.55, a decrease of 2.62% from ¥1,373,769,404.61 at the end of the previous year[3] - Accounts receivable decreased to CNY 417,932,398.44 from CNY 442,804,502.23, indicating a reduction of about 5.6%[13] - Inventory increased to CNY 340,593,112.46 from CNY 296,678,989.74, reflecting an increase of approximately 14.8%[13] - Total liabilities decreased to CNY 540,842,077.72 from CNY 600,215,284.72, a reduction of approximately 9.9%[15] - Current liabilities decreased to CNY 533,218,225.18 from CNY 595,698,955.66, a decline of approximately 10.5%[15] - Non-current assets increased to CNY 185,890,039.05 from CNY 174,761,060.44, showing an increase of about 6.5%[14] Investment and R&D - The company plans to invest a net amount of ¥119,699.87 million raised from its IPO into projects closely related to its existing business, focusing on water-saving valve technology innovation[11] - The company aims to enhance its R&D capabilities through the establishment of a new R&D center, which will support the continuous development of its core technologies[11] Other Information - The company reported a 37.49% decrease in trading financial assets due to repayment of loans, leading to reduced idle funds for short-term financial products[7] - The company experienced a 42.82% increase in contract liabilities, attributed to an increase in advance payments received in Q1 2022[7] - The company did not conduct an audit for the Q1 2022 report[23]
冠龙节能(301151) - 2022 Q1 - 季度财报