Revenue and Profit - Revenue for Q1 2022 was CNY 183,405,079.04, an increase of 14.04% compared to CNY 160,822,557.30 in the same period last year[3] - Net profit attributable to shareholders was CNY 15,536,567.80, a slight decrease of 0.30% from CNY 15,582,664.40 year-on-year[3] - The net profit for Q1 2022 was CNY 15,118,345.31, an increase from CNY 14,657,126.09 in the previous year, representing a growth of approximately 3.15%[18] - Operating profit for Q1 2022 was CNY 16,138,885.48, slightly down from CNY 16,203,250.21 in the same period last year[18] - The total profit for Q1 2022 was CNY 16,117,947.16, slightly lower than CNY 16,284,526.21 in the same period last year[18] Cash Flow and Liquidity - Net cash flow from operating activities increased by 45.28% to CNY 1,575,206.63, driven by increased collections[3] - Cash flow from operating activities generated a net amount of CNY 1,575,206.63, compared to CNY 1,084,250.19 in Q1 2021, indicating a year-over-year increase of approximately 45.4%[20] - Total cash and cash equivalents at the end of Q1 2022 were CNY 30,499,827.27, down from CNY 69,346,015.81 at the end of Q1 2021, reflecting a decrease of about 56%[21] - Cash and cash equivalents decreased to CNY 67,544,193.65 from CNY 103,111,583.77, representing a decline of 34.5%[14] - The company experienced a net cash outflow from financing activities of CNY 15,842,317.60, contrasting with a net inflow of CNY 13,664,358.59 in Q1 2021[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 909,954,475.43, reflecting a 0.75% increase from CNY 903,193,304.55 at the end of the previous year[3] - The total assets as of March 31, 2022, were CNY 909,954,475.43, slightly up from CNY 903,193,304.55 at the beginning of the year[17] - The total liabilities decreased to CNY 312,940,443.60 from CNY 321,297,618.03, a reduction of 2.8%[16] - Shareholders' equity attributable to shareholders increased by 2.74% to CNY 582,930,568.97 from CNY 567,394,001.17[3] - The equity attributable to shareholders increased to CNY 582,930,568.97 from CNY 567,394,001.17, reflecting a growth of 2.8%[16] Expenses and Investments - The total operating costs for Q1 2022 amounted to CNY 166,687,919.88, up from CNY 149,294,302.14, reflecting a year-over-year increase of 11.7%[17] - The company experienced a 134.07% increase in financial expenses primarily due to increased exchange losses[6] - Research and development expenses for Q1 2022 were CNY 9,614,501.13, up from CNY 8,262,593.56, indicating a year-over-year increase of 16.4%[17] - The company reported a 301.41% increase in investment income due to increased financial investments[6] - Cash outflows from investing activities totaled CNY 70,192,797.00, significantly higher than CNY 15,074,627.31 in the previous year, indicating increased investment activity[21] Other Notable Information - The company has no new strategies or product developments mentioned in the report[3] - There were no significant mergers or acquisitions reported during the quarter[3] - Basic and diluted earnings per share remained stable at CNY 0.25 for both Q1 2022 and Q1 2021[19] - The company reported a decrease in comprehensive income attributable to minority shareholders, with a total of CNY -418,222.49 compared to CNY -925,538.31 in the previous year[19] - Accounts receivable increased to CNY 192,659,986.96 from CNY 173,596,500.35, showing a growth of 11%[14] - Inventory levels rose to CNY 155,462,578.49 from CNY 143,497,823.26, indicating an increase of 8.3%[15]
宏德股份(301163) - 2022 Q1 - 季度财报