HDAA(SH:600316)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥723,898,992.41, representing a year-on-year increase of 29.37%[5] - Net profit attributable to shareholders of the listed company was ¥4,578,656.56, a decrease of 86.55% compared to the same period last year[5] - Basic and diluted earnings per share were both ¥0.0064, down 86.55% from the previous year[5] - Total operating revenue for Q1 2022 was RMB 723,898,992.41, an increase from RMB 559,569,501.74 in Q1 2021, representing a growth of approximately 29.3%[21] - Net profit decreased to ¥4,969,290.06 from ¥34,347,051.99, a decline of 85.5% compared to the previous year[25] - The total profit before tax was ¥7,111,360.52, down from ¥45,130,963.88, a decline of 84.2% year-over-year[25] - Net profit for the period was CNY 3,356,402.51, compared to CNY 38,872,865.56 in the previous year, reflecting a decline of approximately 91%[42] - Total comprehensive income for the period was CNY 2,957,239.11, compared to CNY 38,624,169.16 in the previous year, indicating a decline of approximately 92%[42] Cash Flow - The net cash flow from operating activities was -¥356,547,670.90, reflecting a decline of 854.41% year-on-year[5] - The company reported a decrease in sales cash receipts, contributing to the negative cash flow from operating activities[8] - Cash flow from operating activities showed a net outflow of ¥356,547,670.90 compared to a net inflow of ¥47,261,596.37 in the previous year[31] - The net cash flow from financing activities was negative CNY 50,336,000.00, compared to negative CNY 3,850,000.00 in the previous period, indicating a significant increase in cash outflow[33] - The company reported a net cash decrease of CNY 435,041,790.79 during the period, compared to an increase of CNY 35,839,369.17 in the previous period[33] - Operating cash inflows totaled CNY 1,200,837,051.30, down from CNY 1,918,155,784.34, reflecting a decline of approximately 37%[44] - The company incurred operating cash outflows of CNY 1,558,257,062.77, compared to CNY 1,884,965,821.38 in the previous year, a decrease of about 17%[44] Assets and Liabilities - Total assets at the end of the reporting period were ¥17,247,263,001.84, a decrease of 3.65% from the end of the previous year[7] - Current assets totaled RMB 15,303,951,657.94 as of March 31, 2022, down from RMB 15,929,045,682.34 at the end of 2021, a decrease of about 3.9%[19] - Total liabilities decreased to RMB 11,997,508,945.17 from RMB 12,659,803,261.11, a reduction of approximately 5.2%[21] - The total assets amounted to RMB 17,247,263,001.84, down from RMB 17,900,673,657.61, a decrease of approximately 3.6%[21] - The company’s equity attributable to shareholders increased slightly to RMB 5,248,379,088.86 from RMB 5,239,886,062.19, an increase of about 0.2%[21] - The total current assets as of March 31, 2022, were CNY 15,304,217,433.03, down from CNY 15,928,696,175.17 as of December 31, 2021, a decrease of about 3.9%[36] - The total liabilities decreased to CNY 11,996,729,842.58 from CNY 12,656,393,200.49, reflecting a reduction of approximately 5.2%[38] - The company's total assets as of March 31, 2022, were CNY 17,243,487,785.30, down from CNY 17,895,880,370.59, a decline of approximately 3.6%[38] Expenses - Total operating costs increased to ¥720,933,335.40 from ¥569,859,512.29, representing a 26.4% increase year-over-year[25] - Research and development expenses decreased to ¥8,809,557.13 from ¥13,525,489.76, a reduction of 34.5%[25] - Research and development expenses decreased to CNY 8,809,557.13 in Q1 2022 from CNY 11,921,942.78 in Q1 2021, a reduction of approximately 26.5%[38] - Interest income decreased to CNY 2,493,665.78 from CNY 2,863,777.31, representing a decline of approximately 13%[42] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 104,823[11] - The company received government subsidies amounting to ¥516,758.70 during the reporting period[8] - The significant decline in net profit was primarily due to the absence of unemployment insurance refunds received in the same period last year, which amounted to ¥47,030,000[8]