Teamsun(600410)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥834,691,195.97, representing a decrease of 1.63% compared to the same period last year [6] - The net profit attributable to shareholders was -¥112,032,643.88, indicating a significant loss [6] - The net cash flow from operating activities decreased by 50.04%, amounting to ¥85,688,134.80 [6] - Total operating revenue for Q1 2022 was CNY 834,691,195.97, a decrease of 1.01% from CNY 848,545,517.70 in Q1 2021 [31] - Net profit for Q1 2022 was a loss of CNY 139,364,978.69, compared to a loss of CNY 57,911,422.89 in Q1 2021 [35] - Total comprehensive income for Q1 2022 was a loss of CNY 144,802,690.62, compared to a loss of CNY 54,577,709.64 in Q1 2021 [37] Assets and Liabilities - The total assets at the end of the reporting period were ¥8,675,405,054.65, down 2.34% from the end of the previous year [9] - The total current assets were RMB 4,227,000,056.78, down from RMB 4,341,812,425.13, indicating a decrease of about 2.63% [25] - The total non-current assets were RMB 4,448,404,997.87, compared to RMB 4,541,736,718.21, showing a decline of approximately 2.05% [28] - The total liabilities amounted to RMB 3,540,377,015.45, slightly down from RMB 3,550,488,962.88, a decrease of about 0.29% [29] - The owner's equity totaled RMB 5,135,028,039.20, down from RMB 5,333,060,180.46, reflecting a decrease of approximately 3.71% [30] - The total liabilities to equity ratio was approximately 0.69, indicating a stable leverage position [29] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 121,042 [14] Research and Development - Research and development expenses increased by 65%, reflecting a rise in investment in innovation [12] - Research and development expenses increased to CNY 26,447,001.05 in Q1 2022, up 65.1% from CNY 16,012,758.34 in Q1 2021 [35] Cash Flow and Investments - Cash flow from operating activities for Q1 2022 was CNY 85,688,134.80, down 50.05% from CNY 171,503,843.58 in Q1 2021 [42] - Total cash inflow from investment activities in Q1 2022 was CNY 79,056,573.89, a decrease from CNY 298,118,916.05 in Q1 2021 [42] - Investment activities resulted in a net cash flow of -72.45 million in the previous period [43] - Financing activities generated a net cash flow of -28.82 million year-over-year [43] - The total cash and cash equivalents at the end of the period amounted to 1.13 billion in the previous period [43] - Cash outflows from investment activities totaled 370.57 million previously [43] - Cash inflows from financing activities were 201.30 million year-over-year [43] - The company experienced a negative impact of -194.10 million, an increase from 18.29 million in dividends and interest, compared to 1.09 billion, compared to 41.39 million, up from $35.81 million year-over-year [43] Income and Expenses - Total operating costs for Q1 2022 were CNY 875,708,706.20, down 1.78% from CNY 891,539,799.32 in Q1 2021 [31] - The company reported a significant increase in sales expenses to CNY 46,680,526.00 in Q1 2022, compared to CNY 44,317,281.79 in Q1 2021 [35] - The company experienced a substantial decline in investment income, reporting a loss of CNY 71,706,692.29 in Q1 2022, compared to a loss of CNY 11,270,557.83 in Q1 2021 [35] Profitability Metrics - The weighted average return on net assets was -2.44%, indicating a decline in profitability [9] - Basic and diluted earnings per share for Q1 2022 were both CNY -0.1020, compared to CNY -0.0586 in Q1 2021 [37] - The company reported a decrease in retained earnings to RMB 991,685,638.55 from RMB 1,103,673,499.99, a decline of approximately 10.14% [30]