BOOK DIGITAL(SH:600083)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 67,835,685.85, representing a decrease of 59.01% compared to the same period last year[5] - Net profit attributable to shareholders was CNY 47,509,887.66, an increase of 7,641.13% year-on-year[5] - Basic earnings per share were CNY 0.2066, reflecting an increase of 7,551.85% year-on-year[5] - Operating profit for Q1 2022 was ¥50,176,231.19, significantly up from ¥979,926.94 in Q1 2021[25] - Net profit for Q1 2022 reached ¥51,268,532.71, compared to ¥613,733.54 in the same period last year, marking a substantial increase[25] - The total comprehensive income for Q1 2022 was ¥51,268,532.71, compared to ¥613,733.54 in Q1 2021[26] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -49,662,452.51, a decline of 386.47% compared to the previous year[5] - The company reported a net cash outflow from operating activities of ¥49,662,452.51 in Q1 2022, down from a net inflow of ¥17,335,851.08 in Q1 2021[29] - The company's cash and cash equivalents decreased to RMB 85,263,007.20 from RMB 198,533,662.85 at the end of 2021, representing a decline of approximately 57.0%[21] - Cash flow from financing activities totaled -$62,783,117.02, indicating a net cash outflow[30] - The net increase in cash and cash equivalents was -$112,719,367.53, compared to a decrease of -$23,674,603.86 in the previous period[30] - The ending balance of cash and cash equivalents was $85,263,007.20, down from $197,982,374.73 at the beginning of the period[30] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,137,346,084.97, up 6.64% from the end of the previous year[6] - The company's non-current assets increased to RMB 860,443,016.33 from RMB 716,416,059.27, reflecting a growth of approximately 20.1%[22] - Total liabilities increased to ¥888,580,302.70 in Q1 2022 from ¥869,001,799.15 in Q1 2021[23] - The total current liabilities decreased to RMB 535,760,205.42 from RMB 640,794,009.42, a reduction of about 16.4%[22] - The company reported a significant reduction in accounts payable, which decreased to RMB 33,873,026.68 from RMB 55,263,396.56, a decline of approximately 38.6%[22] Shareholder Information - Shareholders' equity attributable to shareholders increased to CNY 70,069,949.13, a significant rise of 210.59% compared to the previous year[6] - The total number of ordinary shareholders at the end of the reporting period was 15,203[11] - The equity attributable to shareholders of the parent company rose to ¥70,069,949.13 in Q1 2022, compared to ¥22,560,061.47 in Q1 2021[23] - The first major shareholder, Jintou Chengxing, acquired 34,500,000 shares, representing 15.00% of the total share capital, following a judicial auction[17] Legal and Settlement Activities - The company entered into a settlement agreement with Xiamen Hanhua, paying a total of RMB 60 million to resolve a legal dispute[14] - The company recognized an investment income from debt settlement with Xiamen Hengchuang Hanhua Electronics Technology Co., Ltd., contributing to the net profit increase[9] Financial Reporting and Standards - The company's financial report for Q1 2022 is unaudited, indicating that the figures may be subject to change upon final audit[19] - The company did not apply the new accounting standards for the current year[30] - The report was issued by the board of directors on April 27, 2022[30] Research and Development - Research and development expenses for Q1 2022 were ¥2,247,077.99, indicating ongoing investment in innovation[25] Financial Expenses - The company incurred financial expenses of ¥8,955,180.36 in Q1 2022, up from ¥3,170,118.84 in Q1 2021, reflecting increased borrowing costs[25]