DFGC(000679)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥42,524,084.05, a decrease of 9.14% compared to ¥46,801,301.83 in the same period last year[3] - The net profit attributable to shareholders was -¥9,638,636.77, an improvement of 14.50% from -¥11,273,656.45 year-on-year[3] - Total revenue for the current period was CNY 42,524,084.05, a decrease of 9.7% compared to CNY 46,801,301.83 in the previous period[16] - Net profit for the current period was a loss of CNY 12,072,181.67, an improvement from a loss of CNY 15,803,454.44 in the previous period[17] - The total comprehensive income attributable to the parent company was -9,638,636.77 CNY, compared to -11,273,656.45 CNY in the previous period, showing an improvement of approximately 14.5%[18] Cash Flow - The net cash flow from operating activities decreased by 596.57%, resulting in -¥35,547,612.36, compared to a positive cash flow of ¥7,158,626.79 in the previous year[3] - Cash inflow from operating activities totaled 161,169,790.57 CNY, down 7.8% from 173,600,704.38 CNY in the previous period[21] - Cash outflow from operating activities increased to 196,717,402.93 CNY, compared to 166,442,077.59 CNY in the previous period, representing an increase of approximately 18.2%[21] - The net cash flow from investing activities was -108,196.82 CNY, a decrease from 61,193,752.67 CNY in the previous period[21] - Cash inflow from financing activities was 8,400,000.00 CNY, while cash outflow was 1,206,482.83 CNY, resulting in a net cash flow of 7,193,517.17 CNY[22] - The ending cash and cash equivalents balance was 104,339,233.59 CNY, down from 181,932,657.01 CNY in the previous period, reflecting a decrease of approximately 42.6%[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,006,209,887.45, down 3.20% from ¥1,039,486,499.70 at the end of the previous year[3] - Total liabilities decreased to CNY 637,919,661.22 from CNY 659,124,091.80, a reduction of 3.2%[14] - The company's equity attributable to shareholders decreased to CNY 409,831,293.64 from CNY 419,469,930.39, a decline of 2.8%[14] Expenses - The company's management expenses decreased by 58.53% year-on-year, attributed to the reclassification of expenses directly related to operating revenue[5] - The company reported a significant increase in tax expenses, amounting to CNY 183,128,908.11, compared to CNY 186,204,805.52 in the previous period[13] Other Financial Metrics - The weighted average return on net assets was -2.32%, a decline of 0.53% from -1.79% in the same period last year[3] - Basic and diluted earnings per share remained at -0.03 CNY, unchanged from the previous period[18] - The total number of ordinary shareholders at the end of the reporting period was 16,705[8] Receivables and Inventory - Accounts receivable decreased significantly to CNY 67,911.22 from CNY 325,934.05, a reduction of 79.2%[12] - Inventory increased to CNY 35,167,129.52 from CNY 32,984,233.19, an increase of 6.6%[12] Credit and Borrowings - The company reported a 4036.21% increase in credit impairment losses, primarily due to increased provisions for bad debts on other receivables[5] - Short-term borrowings increased by 100% compared to the beginning of the period, indicating a significant rise in bank loans[5] Audit - The company did not conduct an audit for the first quarter report[23]