SHD(SH:600630)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥610,220,625.94, representing a decrease of 13.49% compared to the same period last year[6] - The net profit attributable to shareholders was a loss of ¥18,535,518.95, a decline of 278.93% year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥22,730,801.64, down 515.72% from the previous year[6] - The company's net profit margin decreased, with a net loss of CNY 176,115,766.17 compared to a loss of CNY 157,580,247.22 in the previous year[27] - The company reported a net loss of ¥18,349,279.72 for the first quarter of 2022, compared to a net profit of ¥10,547,174.63 in the same period of 2021, representing a significant decline[31] - Operating profit for the first quarter was ¥-18,333,204.73, down from ¥14,025,119.74 in the previous year, indicating a negative shift in operational performance[31] - The total comprehensive income for the first quarter was ¥-17,838,378.46, compared to ¥10,397,274.35 in the same period of 2021, showing a substantial decline[33] - Basic and diluted earnings per share were both ¥-0.04, down from ¥0.02 in the first quarter of 2021, reflecting the company's financial struggles[34] Cash Flow and Assets - The net cash flow from operating activities was negative at ¥98,988,006.79, indicating a significant cash outflow[6] - The company experienced a net cash outflow from operating activities of ¥98,988,006.79, compared to a smaller outflow of ¥13,238,798.15 in the same quarter of the previous year[36] - Cash and cash equivalents at the end of the period stood at ¥348,466,185.01, a decrease from ¥384,040,976.86 at the beginning of the quarter[38] - The company's total assets impairment loss was recorded at ¥-13,284.65, compared to no impairment loss in the previous year, indicating potential asset valuation issues[31] Revenue and Costs - Total operating revenue for Q1 2022 was CNY 610,220,625.94, a decrease of 13.5% from CNY 705,376,112.94 in Q1 2021[27] - Total operating costs for Q1 2022 were CNY 632,718,267.42, slightly up from CNY 705,299,939.51 in Q1 2021[27] - Total revenue from operating activities decreased to ¥1,030,900,825.10, compared to ¥1,051,024,033.67 in the first quarter of 2021, reflecting a decline of approximately 2%[32] Shareholder and Equity Information - The equity attributable to shareholders decreased by 1.48% to ¥1,200,965,746.08[9] - The total number of ordinary shareholders at the end of the reporting period was 61,570[14] Liabilities and Borrowings - Total liabilities increased to CNY 1,310,005,419.24 from CNY 1,128,668,398.58, marking a growth of 16.1%[25] - The company reported a significant increase in contract liabilities, which rose to CNY 296,512,491.97 from CNY 136,099,925.34, an increase of 117.5%[25] - The company maintained long-term borrowings at CNY 100,000,000.00, unchanged from the previous year[25] Research and Development - Research and development expenses for Q1 2022 were CNY 9,271,288.37, down from CNY 11,280,507.76 in Q1 2021, a decrease of 17.8%[27] Other Income and Expenses - The company reported non-recurring gains of ¥4,195,282.69, primarily from government subsidies and other income[10] - The company recorded interest expenses of ¥6,397,488.36, an increase from ¥5,500,309.07 in the previous year, indicating rising financing costs[31] - The company reported a significant increase in interest income to ¥1,494,907.52 from ¥761,043.52 year-over-year, suggesting improved returns on financial assets[31] Asset Management - Total assets increased to ¥2,532,529,764.21, up 6.90% from the end of the previous year[9] - Accounts receivable increased to CNY 328,615,694.24 from CNY 279,688,159.76, reflecting a growth of 17.5%[22] - Inventory decreased to CNY 504,536,416.48 from CNY 522,335,467.48, a decline of 3.4%[22] - Total current assets rose to CNY 1,981,668,764.93, up 9.4% from CNY 1,811,331,566.29[22]