SUNYARD(600571)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥307,143,263.19, representing an increase of 18.11% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥73,858,217.12, a decrease of 246.16% year-on-year[5]. - The total equity attributable to shareholders was ¥1,183,862,252.48, a decrease of 4.69% from the previous year[8]. - The total comprehensive income attributable to the parent company for Q1 2022 was -73,858,217.12 CNY, compared to -21,336,744.11 CNY in Q1 2021, indicating a significant decline[31]. - The basic earnings per share for Q1 2022 was -0.168 CNY, compared to -0.049 CNY in Q1 2021, reflecting a worsening financial performance[31]. Cash Flow - The net cash flow from operating activities was -¥208,013,678.86, with no applicable year-on-year comparison[5]. - Cash inflows from operating activities totaled 205,421,238.60 CNY in Q1 2022, slightly up from 201,391,414.81 CNY in Q1 2021[34]. - Cash outflows from operating activities amounted to 413,434,917.46 CNY in Q1 2022, compared to 399,817,839.33 CNY in Q1 2021, leading to a net cash flow from operating activities of -208,013,678.86 CNY[34]. - The company reported a net increase in cash and cash equivalents of 59,461.35 CNY in Q1 2022, contrasting with a significant increase of 21,976,321.09 CNY in Q1 2021[36]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,831,984,032.90, down 7.72% from the end of the previous year[5]. - The total liabilities decreased from CNY 1,985,241,404.84 to CNY 1,831,984,032.90, indicating a decline of approximately 7.7%[21]. - Current assets decreased from CNY 1,589,475,442.17 to CNY 1,414,541,448.34, a reduction of about 11%[21]. - The company reported a total of CNY 814,726,007.53 in trading financial assets, down from CNY 1,115,022,623.36, a decrease of about 27%[17]. Accounts Receivable and Inventory - The company reported a significant increase in accounts receivable by 79.40% due to increased revenue recognition[10]. - Accounts receivable increased from CNY 88,375,352.18 to CNY 158,544,913.09, showing a significant increase of about 79%[17]. - Inventory increased from CNY 100,449,313.40 to CNY 121,651,769.93, reflecting a growth of approximately 21%[21]. Research and Development - Research and development expenses for Q1 2022 were CNY 101,201,574.01, slightly up from CNY 98,127,274.06 in Q1 2021[26]. - The company has not reported any new product or technology developments during the quarter[16]. Financial Position - The weighted average return on net assets was -6.05%, a decrease of 3.66 percentage points compared to the previous year[5]. - The company’s long-term equity investments remained stable at CNY 331,923.59[21]. - The company’s goodwill remained unchanged at CNY 22,905,462.09[21].