Financial Performance - The company's revenue for Q1 2022 was CNY 167,040,864.35, representing a 13.41% increase compared to CNY 147,294,985.32 in the same period last year[3] - Net profit attributable to shareholders decreased by 21.61% to CNY 29,356,177.86 from CNY 37,450,683.49 year-on-year[3] - The basic earnings per share decreased by 20.97% to CNY 0.49 from CNY 0.62 in the same period last year[3] - Total operating costs for Q1 2022 were ¥131,476,089.05, up 28.5% from ¥102,292,286.44 in the same period last year[19] - Net profit for Q1 2022 was ¥29,356,177.86, a decrease of 21.6% from ¥37,450,683.49 in Q1 2021[20] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -12,155,804.09, a decline of 224.57% compared to CNY 9,758,300.94 in the previous year[3] - Total cash outflow from operating activities was 60,060,381.50 yuan, down from 79,162,170.89 yuan in the previous year[21] - The company’s net increase in cash and cash equivalents for the period was 994,277,873.72 yuan, compared to a decrease of -11,672,679.60 yuan in the same period last year[22] - The company's cash and cash equivalents rose significantly by 1844.56% to CNY 1,048,181,216.90 due to funds received from fundraising activities[6] - Cash and cash equivalents at the end of the period totaled 1,045,383,716.90 yuan, up from 30,120,269.46 yuan at the end of the previous year[22] Assets and Liabilities - Total assets increased by 161.80% to CNY 1,733,161,026.10 from CNY 662,013,939.69 at the end of the previous year[3] - Current assets totaled ¥1,342,376,958.11, compared to ¥281,841,379.75 at the start of the year, indicating a substantial increase[17] - The total liabilities increased to ¥213,339,392.46 from ¥189,623,418.01, reflecting a rise in financial obligations[18] - The equity attributable to shareholders reached ¥1,519,821,633.64, up from ¥472,390,521.68 at the beginning of the year[18] Shareholder Information - The largest shareholder, Fan Heqiang, holds 18,850,000 restricted shares, which will be released on September 23, 2025[12] - The second-largest shareholder, Zhang Jing, holds 10,150,000 restricted shares, also set to be released on September 23, 2025[12] - The total number of restricted shares at the end of the reporting period is 61,032,387 shares[14] - The company has a total of 4,669,982 restricted shares held by Hangzhou Yuanning Huixin Investment Partnership, with a release date of March 23, 2023[12] - There are no changes in the number of restricted shares for the top shareholders during this reporting period[12] Government Support and Other Income - The company received government subsidies amounting to CNY 680,766.68, which contributed to a 96.82% increase in other income[6] Future Plans and Developments - The company plans to continue expanding its projects, particularly in the Renhe project, which is currently under construction[6] - The company has not reported any new product launches or technological developments in this quarter[13] - The company has not announced any market expansion or acquisition strategies in the current report[13] Financial Management - The company reported a financial income of ¥1,036,768.08 in Q1 2022, compared to ¥75,903.02 in the previous year, indicating improved financial management[19] - The weighted average return on equity fell to 6.03%, down 4.16% from 10.19% year-on-year[3] - Research and development expenses for Q1 2022 were ¥4,833,441.01, slightly down from ¥5,461,463.44 in Q1 2021[19] Stock Market Information - The company’s stock is currently listed on the Shenzhen Stock Exchange since March 23, 2022[15]
和顺科技(301237) - 2022 Q1 - 季度财报