SFH(SH:600615)2022-04-25 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥42,343,674.31, representing a year-on-year increase of 137.68%[5] - The net profit attributable to shareholders was -¥3,604,164.91, with a basic and diluted earnings per share of -¥0.019[5] - The company reported a significant increase in investment income of 66,529.05% due to changes in investment strategies[8] - The company reported a 175.29% increase in operating costs, correlating with the rise in operating revenue[8] - Total revenue for Q1 2022 was CNY 42,343,674.31, a significant increase from CNY 17,815,128.30 in Q1 2021, representing a growth of approximately 137.5%[18] - Total operating costs for Q1 2022 were CNY 48,789,254.62, up from CNY 20,832,438.90 in Q1 2021, indicating an increase of about 133.6%[18] - The net loss for Q1 2022 was CNY 3,886,995.39, compared to a net loss of CNY 4,055,206.10 in Q1 2021, showing a slight improvement in performance[19] - The company reported an operating profit of CNY -3,075,961.41 for Q1 2022, down from CNY 605,253.99 in Q1 2021, reflecting a challenging operational environment[19] Assets and Liabilities - The total assets at the end of the reporting period were ¥706,039,006.72, a decrease of 2.09% compared to the end of the previous year[6] - Total current assets decreased to ¥123,052,262.80 from ¥139,353,304.35 year-over-year[16] - Total assets as of March 31, 2022, are ¥706,039,006.72, down from ¥721,106,355.52 at the end of 2021[16] - The company reported accounts receivable of ¥54,899,501.27, down from ¥68,782,272.17 year-over-year[15] - The total liabilities include accounts payable of ¥18,529,320.10, reduced from ¥24,862,603.12[16] - The total liabilities decreased from CNY 85,587,799.63 in the previous year to CNY 74,407,446.22 in Q1 2022, a reduction of approximately 13.0%[18] - The total equity attributable to shareholders decreased from CNY 631,256,481.44 to CNY 627,652,316.53, a decline of about 0.5%[18] Cash Flow - Cash flow from operating activities showed a net outflow of -¥1,385,173.54[5] - The cash received from sales of goods and services increased by 511.24% due to higher collections from subsidiaries[9] - The company's cash and cash equivalents as of March 31, 2022, amount to ¥13,069,231.57, an increase from ¥6,744,673.76 at the end of 2021[15] - Net cash flow from operating activities in Q1 2022 was -$1,385,173.54, an improvement compared to -$11,764,428.39 in Q1 2021[22] - Cash inflow from investment activities totaled $16,263,594.90 in Q1 2022, compared to $3,506,232.35 in Q1 2021, indicating a growth of approximately 363%[23] - The net increase in cash and cash equivalents for Q1 2022 was $6,324,557.81, contrasting with a decrease of $12,474,242.64 in Q1 2021[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 7,330[11] - The largest shareholder, Longxin Holdings Co., Ltd., holds 62,901,231 shares, accounting for 33.45% of total shares, with all shares frozen[11] - The number of shares held by the top ten shareholders represents 14.88% of the total share capital[12] - The company has a total of 27,985,013 shares held by shareholders associated with Xie Xian, representing 14.88% of total shares[12] Future Outlook - The company plans to focus on market expansion and new product development to drive future growth, although specific figures were not disclosed during the call[21] - The company is exploring potential mergers and acquisitions to enhance its market position and operational capabilities[21]