HANMA TECHNOLOGY(SH:600375)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥920,163,621.93, representing a decrease of 40.13% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥162,414,195.33, with a basic and diluted earnings per share of -¥0.25[5]. - Total revenue for Q1 2022 was ¥920,163,621.93, a decrease of 40.1% compared to ¥1,537,045,386.15 in Q1 2021[18]. - Net loss for Q1 2022 was ¥167,179,152.75, compared to a net loss of ¥10,861,690.06 in Q1 2021, indicating a significant increase in losses[19]. - Total comprehensive income for Q1 2022 was -174,401,637.28 RMB, compared to -10,916,411.33 RMB in Q1 2021, indicating a significant decline[20]. - Basic and diluted earnings per share for Q1 2022 were both -0.25 RMB, compared to -0.02 RMB in Q1 2021[20]. Assets and Liabilities - The total assets at the end of the reporting period were ¥11,071,556,170.32, down 4.06% from the end of the previous year[6]. - Total assets decreased to ¥11,071,556,170.32 as of March 31, 2022, down from ¥11,539,688,097.72 at the end of 2021, a decline of 4.1%[15]. - Total liabilities decreased to ¥9,536,920,388.56 in Q1 2022, down from ¥9,830,650,678.68 in Q1 2021, a reduction of 3.0%[15]. - The equity attributable to shareholders decreased by 10.25% to ¥1,484,819,324.54 compared to the end of the previous year[6]. Cash Flow - The net cash flow from operating activities was -¥652,360,334.47, indicating significant cash outflow[5]. - Net cash flow from operating activities for Q1 2022 was -652,360,334.47 RMB, slightly improved from -663,550,949.44 RMB in Q1 2021[23]. - Cash received from sales of goods and services decreased to 409,083,207.20 RMB in Q1 2022, down 52.7% from 863,491,077.93 RMB in Q1 2021[22]. - Cash outflow for purchasing goods and services was 947,829,061.35 RMB in Q1 2022, a decrease of 30.4% compared to 1,362,208,076.88 RMB in Q1 2021[23]. - Net cash flow from investing activities was -8,312,089.42 RMB in Q1 2022, an improvement from -65,304,345.31 RMB in Q1 2021[23]. - Net cash flow from financing activities was 611,991,693.60 RMB in Q1 2022, compared to 581,558,590.44 RMB in Q1 2021, showing a slight increase[24]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 27,915[10]. - The largest shareholder, Zhejiang Geely New Energy Commercial Vehicle Group Co., Ltd., held 28.01% of the shares[10]. Operational Metrics - The company reported a 31.54% decrease in operating costs, attributed to reduced product sales[7]. - Total operating costs for Q1 2022 were ¥1,108,985,187.50, down from ¥1,523,668,729.45 in Q1 2021, reflecting a reduction of 27.3%[18]. - Research and development expenses decreased by 37.77% due to reduced investment in R&D during the period[7]. - The company experienced a 103.94% increase in notes receivable, primarily due to an increase in payment settlements using notes[7]. Inventory and Receivables - Accounts receivable increased to ¥2,323,230,436.14 in Q1 2022 from ¥2,246,188,437.39 in Q1 2021, reflecting an increase of 3.4%[14]. - Inventory decreased to ¥1,240,534,311.11 in Q1 2022, down from ¥1,364,855,541.87 in Q1 2021, a decline of 9.1%[14]. - Long-term equity investments remained stable at ¥2,405,196.29, unchanged from the previous year[14]. Financial Expenses - The company reported a significant increase in financial expenses, totaling ¥33,069,835.26 in Q1 2022, compared to a negative financial expense of -¥21,657,633.77 in Q1 2021[19].