HOMEY(SH:600467)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 227,732,789.51, representing a year-on-year increase of 2.72%[5] - The net profit attributable to shareholders decreased by 11.45% to CNY 8,916,354.70[5] - The net profit after deducting non-recurring gains and losses fell by 75.43% to CNY 1,625,239.92[5] - The net profit for Q1 2022 was not explicitly stated, but the increase in operating costs outpaced revenue growth, suggesting potential pressure on profitability[19] - The company reported a total comprehensive income of CNY 8,916,354.70 for Q1 2022, down from CNY 10,069,255.12 in Q1 2021, a decrease of approximately 11.43%[20] - The company's net profit for Q1 2022 was CNY 7,670,712.31, a decrease from CNY 7,841,835.76 in Q1 2021, representing a decline of approximately 2.17%[20] - Net profit for Q1 2022 decreased to CNY 2,965,491.60 from CNY 5,351,000.42 in Q1 2021, indicating a decline of approximately 44.6%[28] Cash Flow - The net cash flow from operating activities was negative at CNY -6,666,451.14, a decline of 115.87% compared to the previous year[5] - Cash flow from operating activities in Q1 2022 was negative at CNY -6,666,451.14, compared to a positive CNY 42,017,126.07 in Q1 2021[21] - The company incurred a total of CNY 205,277,276.97 in cash outflows from operating activities in Q1 2022, compared to CNY 189,292,522.01 in Q1 2021, an increase of approximately 8.45%[21] - Investment activities resulted in a net cash outflow of CNY -3,588,818.14 in Q1 2022, compared to CNY -45,912,897.82 in Q1 2021, indicating a significant reduction in cash outflow[22] - Financing activities generated a net cash outflow of CNY -22,661,083.92 in Q1 2022, compared to a net inflow of CNY 48,572,929.06 in Q1 2021, showing a shift in cash flow dynamics[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,790,307,184.44, up 1.02% from the end of the previous year[6] - Total assets as of March 31, 2022, were CNY 6,790,307,184.44, compared to CNY 6,721,854,623.74 at the end of 2021, showing a growth of about 1.0%[17] - The company's total assets increased to CNY 6,881,930,127.18 as of March 31, 2022, compared to CNY 6,732,514,773.53 at the end of 2021, reflecting a growth of approximately 2.21%[25] - Total liabilities as of March 31, 2022, were CNY 3,456,846,663.74, an increase from CNY 3,396,064,815.35 at the end of 2021, indicating a rise of approximately 1.8%[16] - The total liabilities increased to CNY 3,298,407,509.40 as of March 31, 2022, from CNY 3,151,957,647.35 at the end of 2021, marking an increase of approximately 4.65%[26] Research and Development - Research and development expenses increased by 156.61%, primarily due to higher personnel costs and material expenses[8] - Research and development expenses for Q1 2022 were CNY 2,125,542.72, significantly higher than CNY 828,318.21 in Q1 2021, marking an increase of about 156.5%[19] - Research and development expenses for Q1 2022 were CNY 1,835,511.64, significantly higher than CNY 325,692.79 in Q1 2021, reflecting an increase of approximately 463.5%[27] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 69,403[10] - The largest shareholder, Haodangjia Group Co., Ltd., held 40.25% of the shares, with 292 million shares pledged[11] Investment Income - The company reported a significant increase in investment income by 113.61%, attributed to higher dividends from investments[8] - The company reported investment income of CNY 15,265,424.38 for Q1 2022, compared to CNY 7,146,354.60 in Q1 2021, reflecting an increase of approximately 113.5%[19] Cash and Cash Equivalents - Cash and cash equivalents as of March 31, 2022, were CNY 778,053,184.84, compared to CNY 692,680,738.04 at the end of 2021, reflecting an increase of approximately 12.3%[14] - The company reported cash and cash equivalents of CNY 88,306,085.84 at the end of Q1 2022, down from CNY 215,225,891.17 at the end of Q1 2021, a decrease of approximately 59.00%[22] - The company's cash and cash equivalents rose to CNY 768,011,761.67 as of March 31, 2022, compared to CNY 663,036,025.46 at the end of 2021, an increase of about 15.8%[25] Earnings Per Share - Basic and diluted earnings per share for Q1 2022 were both CNY 0.006, down from CNY 0.007 in Q1 2021, a decline of about 14.29%[21] Financial Expenses - The company's financial expenses for Q1 2022 were CNY 19,337,758.62, a decrease from CNY 20,471,426.57 in Q1 2021, representing a reduction of approximately 5.6%[27] Accounting Standards - The company did not apply the new accounting standards for the first quarter of 2022[32]