DOCTORGLASSES CHAIN CO.(300622)2022-04-27 16:00Revenue and Profit - The company's revenue for Q1 2022 was CNY 221,158,108.91, representing a 9.18% increase compared to CNY 202,553,752.26 in the same period last year[3] - Net profit attributable to shareholders decreased by 67.80% to CNY 6,891,515.45 from CNY 21,404,244.69 year-on-year[3] - Total operating revenue for Q1 2022 was CNY 221,158,108.91, an increase of 9.3% compared to CNY 202,553,752.26 in Q1 2021[24] - Net profit for Q1 2022 was CNY 6,794,080.69, a decrease of 68.3% from CNY 21,443,500.70 in Q1 2021[24] Store and Inventory Growth - The number of stores increased to 485, a growth of 19.16% compared to the same period last year, contributing to revenue growth[9] - Inventory increased by 41.78% to CNY 188,614,200.00, attributed to seasonal and pandemic-related supply stability considerations[8] - Inventory rose significantly from ¥133,033,547.68 to ¥188,614,183.65, indicating a 41.8% increase[19] Cash Flow and Financial Position - Cash flow from operating activities decreased by 34.24% to CNY 33,227,744.47, down from CNY 50,530,402.56 in the previous year[3] - The company's cash and cash equivalents decreased from ¥265,475,837.93 at the beginning of the year to ¥88,079,771.06 at the end of the reporting period[19] - The net cash flow from operating activities was 50,530,402.56 in the previous period[28] - The ending balance of cash and cash equivalents was 228,974,230.30 in the previous period[29] Shareholder Information - The total number of common shareholders at the end of the reporting period is 7,446[13] - The largest shareholder, Alexander Liu, holds 25.58% of shares, totaling 44,112,595 shares[13] - The top two shareholders, Alexander Liu and Louisa Fan, collectively hold 47.86% of the company's shares[13] - The company has a total of 65,750,390 restricted shares at the end of the reporting period[17] Expenses and Liabilities - Total operating costs for Q1 2022 were CNY 209,773,709.40, up 19.5% from CNY 175,594,476.44 in Q1 2021[24] - The company reported a significant increase in sales expenses, which rose to CNY 100,847,280.15 from CNY 86,779,411.71 in the previous year, reflecting a 15.9% increase[24] - Total liabilities increased to CNY 327,127,940.05 in Q1 2022 from CNY 322,392,589.17 in Q1 2021[21] Investment and Financial Management - The company recorded a 1,587.04% increase in investment income to CNY 59,890.00, driven by changes in idle fund management[10] - The company experienced a decrease in investment income, which was CNY 598,949.49 in Q1 2022 compared to CNY 35,549.02 in Q1 2021[24] Future Plans and Market Strategy - The company plans to continue expanding its store network and enhancing online sales strategies to mitigate pandemic impacts on performance[11] - The company has not disclosed any new product developments or market expansion strategies in the current report[16] - There are no significant mergers or acquisitions reported in the latest financial disclosures[16]