GOLDEN SUN(300606)2022-04-20 16:00Financial Performance - The company's revenue for Q1 2022 was ¥99,146,352.79, representing a 26.92% increase compared to ¥78,120,221.85 in the same period last year[4] - Net profit attributable to shareholders was ¥7,628,976.43, a significant increase of 98.48% from ¥3,843,776.57 year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥6,929,644.57, up 142.80% from ¥2,854,076.16 in the previous year[4] - Basic earnings per share increased by 100% to ¥0.08 from ¥0.04 in the same quarter last year[4] - The net profit for the first quarter was CNY 8,018,611.53, compared to CNY 3,560,400.64 in the same period last year, representing a growth of approximately 125%[21] - The earnings per share (EPS) for the current period was CNY 0.08, doubling from CNY 0.04 in the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥905,058,698.26, a 1.23% increase from ¥894,067,429.42 at the end of the previous year[4] - The total liabilities decreased to CNY 285,570,175.63 from CNY 288,835,617.06, indicating a reduction of about 1%[18] - The total non-current assets amounted to CNY 264,639,165.67, an increase from CNY 256,030,017.29 in the previous period[18] Cash Flow - The net cash flow from operating activities improved by 33.33%, reaching -¥7,876,610.14 compared to -¥11,814,220.40 in the previous year[4] - The cash flow from operating activities for the current period was CNY 94,878,739.99, compared to CNY 73,922,356.41 in the previous period[24] - The net cash flow from operating activities was -7,876,610.14, compared to -11,814,220.40 in the previous year, indicating an improvement[25] - The company reported a total cash outflow from operating activities of 103,144,588.89, up from 86,101,971.98 year-over-year[25] - The company’s cash and cash equivalents decreased by 60,773,035.48 during the quarter[26] Investment and Financing Activities - The company reported a 40.96% decrease in cash outflow from investing activities, amounting to -¥60,629,060.65 compared to -¥102,685,495.23 in the previous year[8] - The company experienced a 133.36% increase in cash inflow from financing activities, totaling ¥7,764,882.97 compared to -¥23,275,603.72 in the same quarter last year[8] - Cash inflow from financing activities totaled 33,348,839.61, significantly higher than 7,488,724.23 in the previous year[26] - The net cash flow from financing activities was 7,764,882.97, a recovery from -23,275,603.72 in the previous year[26] Shareholder Information - The total number of common shareholders at the end of the reporting period is 10,401[11] - The largest shareholder, HU XIUYING, holds 29.36% of shares, totaling 27,429,000 shares, with 17,000,000 shares pledged[11] - The total number of restricted shares at the end of the period is 44,346,642[13] Operational Insights - The company's gross profit margin was impacted by a 31.28% increase in operating costs, which rose to ¥73,181,334.69 from ¥55,742,807.67[8] - Research and development expenses increased to CNY 6,508,006.97 from CNY 5,292,681.62, reflecting a growth of approximately 23%[21] - The company is in the process of developing new products and technologies, although specific details were not disclosed[15] - There are no significant mergers or acquisitions reported during this period[14] Audit Status - The first quarter report was not audited, indicating a potential area for further scrutiny[27]