Financial Performance - The company's revenue for Q1 2022 was CNY 219,622,410.85, representing a 7.15% increase compared to CNY 204,962,316.07 in the same period last year[3] - Net profit attributable to shareholders decreased by 37.14% to CNY 18,258,381.70 from CNY 29,048,240.80 year-on-year[3] - The company's basic earnings per share decreased by 36.11% to CNY 0.23 from CNY 0.36 in the same period last year[3] - The total comprehensive income for the period was CNY 20,060,843.88, compared to CNY 31,202,509.65 in the previous period[20] - The net profit for the first quarter of 2022 was RMB 20,060,843.88, down from RMB 31,202,509.65 in the same quarter of the previous year, indicating a decrease of approximately 35.7%[19] Cash Flow - The net cash flow from operating activities was negative CNY 5,788,404.68, a decline of 116.88% compared to a positive CNY 34,293,393.97 in the previous year[3] - The net cash flow from financing activities was CNY 15,333,799.18, a 133.01% increase compared to a negative CNY 46,457,752.77 in the same period last year[9] - The net cash flow from investing activities was CNY -22,068,903.87, down from CNY 29,368,104.16 in the previous period[24] - Cash inflows from financing activities were CNY 57,000,000.00, an increase from CNY 30,009,151.77 in the previous period[24] - The company incurred cash outflows from operating activities totaling CNY 188,964,332.90, compared to CNY 123,856,079.99 in the previous period[24] Assets and Liabilities - Total assets increased by 11.91% to CNY 981,058,010.68 from CNY 876,682,063.24 at the end of the previous year[3] - The company's total liabilities increased to RMB 507,281,626.73 from RMB 422,713,309.75, reflecting a growth of approximately 19.9%[16] - The company's equity attributable to shareholders rose to RMB 443,580,942.81 from RMB 425,575,774.53, an increase of about 4.2%[16] - Cash and cash equivalents at the end of the period totaled CNY 127,772,327.87, compared to CNY 62,155,623.82 at the end of the previous period[24] Operational Metrics - Operating costs for the first quarter of 2022 were RMB 194,983,743.05, compared to RMB 171,203,472.54 in the previous year, reflecting a year-over-year increase of about 13.8%[18] - Accounts receivable increased by 32.29% to CNY 175,093,032.63, primarily due to an increase in receivables still within the credit period[8] - Inventory rose by 31.94% to CNY 102,207,515.15, attributed to an increase in stock levels of certain products[8] - Inventory levels increased to RMB 102,207,515.15 from RMB 77,465,274.25, marking a rise of approximately 31.8%[14] Financial Expenses - The company reported a significant increase in financial expenses, which amounted to CNY 1,865,161.69, compared to a negative CNY 295,452.50 in the previous year, marking a 731.29% change[9] Fundraising and Projects - The company raised a total of RMB 80,109.00 million from the issuance of 27 million A-shares at RMB 29.67 per share, with a net amount of RMB 72,703.07 million after deducting issuance costs[12] - The company plans to utilize the raised funds for projects including a 52.6 million tons/year electronic and specialty chemicals renovation project and the construction of ultra-pure electronic chemicals and biodegradable new materials[12]
联盛化学(301212) - 2022 Q1 - 季度财报