Financial Performance - The company's operating revenue for Q1 2022 was ¥157,112,399.54, representing a 13.10% increase compared to ¥138,920,577.73 in the same period last year[4] - The net profit attributable to shareholders was ¥14,586,964.80, an increase of 8.70% from ¥13,419,932.42 year-on-year[4] - Operating profit for Q1 2022 was CNY 16,189,466.82, up from CNY 15,444,382.19 in the same period last year, reflecting a growth of 4.8%[28] - The company’s total profit for Q1 2022 was CNY 16,175,168.48, an increase from CNY 15,441,349.34 in the same period last year, reflecting a growth of 4.8%[28] - The basic and diluted earnings per share for Q1 2022 were both CNY 0.19, compared to CNY 0.18 in Q1 2021, marking a 5.6% increase[26] Cash Flow and Investments - The net cash flow from operating activities was -¥10,186,559.16, a significant decrease of 180.46% compared to ¥12,660,944.38 in the previous year[10] - The company reported a net cash flow from operating activities of CNY -10,186,559.16, compared to CNY 12,660,944.38 in the previous year, indicating a significant decline[28] - The total cash flow from investing activities was CNY -54,077,652.97, compared to CNY -45,722,054.84 in Q1 2021, showing an increase in investment outflows[29] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,008,906,660.58, up 1.89% from ¥990,153,762.54 at the end of the previous year[4] - The company's total assets as of March 31, 2022, amounted to CNY 1,008,906,660.58, compared to CNY 990,153,762.54 at the beginning of the year, indicating a growth of 1.8%[22] - The total liabilities increased to CNY 462,690,956.04 from CNY 458,525,022.80, representing a slight increase of 0.5%[22] - Cash and cash equivalents decreased to CNY 36,242,986.40 from CNY 62,702,836.88, a decline of 42.5%[19] Accounts and Inventory - The company reported a significant increase in accounts receivable by 45.06% to ¥151,161,079.47, driven by growth in March's operating revenue[7] - Accounts receivable rose to CNY 151,161,079.47 from CNY 104,206,939.14, marking an increase of 45.1%[19] - Inventory levels increased to CNY 163,701,678.49 from CNY 158,265,045.92, reflecting a growth of 3.5%[19] Government Support and Subsidies - The company received government subsidies amounting to ¥922,481.84, which contributed to the increase in other income by 228.94% to ¥939,273.74[6][8] Borrowings and Financial Management - Short-term borrowings increased by 99.77% to ¥4,000,000.00, primarily due to increased borrowings by subsidiaries[7] - The company incurred a financial expense of CNY -52,789.60, compared to CNY -1,237.14 in the previous year, indicating a change in financial management[28] Audit and Compliance - The company did not undergo an audit for the Q1 report, ensuring the financial information's authenticity and completeness[3] Research and Development - Research and development expenses increased to CNY 6,519,433.92, up from CNY 5,478,819.05, representing a growth of 19%[28] Shareholder Equity - The company’s equity attributable to shareholders increased to CNY 546,215,704.54 from CNY 531,628,739.74, a rise of 2.7%[22]
金道科技(301279) - 2022 Q1 - 季度财报