东软集团(600718) - 2022 Q1 - 季度财报

Financial Performance - In Q1 2022, the company achieved operating revenue of CNY 1,278,468,881, representing an increase of 8.89% compared to the same period last year[8]. - The net profit attributable to shareholders of the listed company was a loss of CNY 30,122,182, with a basic earnings per share of -0.03 CNY[8]. - The revenue from self-developed software, products, and services was CNY 1,036,770,000, accounting for 81.09% of total revenue, with a year-on-year growth of 0.03%[8]. - The system integration business generated revenue of CNY 204,680,000, reflecting a significant increase of 83.56% year-on-year[8]. - Total revenue for Q1 2022 was 1,278,468,881 RMB, an increase from 1,174,085,625 RMB in Q1 2021, representing a growth of approximately 8.86%[15]. - The net profit for the first quarter of 2022 was -32,226,477 RMB, compared to -70,191,292 RMB in the same period of 2021, showing an improvement of approximately 54%[17]. - The total comprehensive loss for the first quarter was -56,347,263 RMB, compared to -83,986,228 RMB in the previous year, indicating a 32.9% improvement[19]. - The basic and diluted earnings per share remained at -0.03 RMB, consistent with the same period last year[19]. Cash Flow and Investments - The company reported a net cash flow from operating activities of -CNY 922,905,793[2]. - Cash inflow from operating activities was negative at -922,905,793 RMB, worsening from -831,089,988 RMB year-over-year[20]. - The company achieved cash inflow from investment activities of 2,794,370,023 RMB, significantly higher than 731,442,631 RMB in the previous year[20]. - Cash outflow from investment activities totaled 1,733,962,427, a significant increase from 284,042,598[22]. - Net cash flow generated from investment activities was 1,060,407,596, compared to 447,400,033 in the previous period[22]. - The net increase in cash and cash equivalents was 93,193,692, contrasting with a decrease of 731,511,244 in the prior period[22]. - The ending balance of cash and cash equivalents reached 2,029,778,255, compared to 1,800,874,215 previously[22]. - The company reported a net increase in cash from investment activities, indicating a positive trend in cash generation[22]. - The impact of exchange rate changes on cash and cash equivalents was negative, totaling -14,792,957[22]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 18,219,070,072, a decrease of 0.47% from the end of the previous year[2]. - Current assets totaled 10,612,683,015 RMB as of March 31, 2022, slightly down from 10,649,873,606 RMB at the end of 2021[12]. - Total liabilities amounted to 8,537,493,588 RMB, a decrease from 8,646,176,173 RMB in the previous year[15]. - The company's equity attributable to shareholders rose to 9,603,640,451 RMB from 9,579,208,066 RMB, indicating a growth of about 0.25%[15]. - Long-term investments in equity decreased slightly to 3,950,812,763 RMB from 3,962,213,388 RMB year-over-year[12]. - The company reported a significant increase in contract liabilities, which rose to 4,125,027,041 RMB from 3,962,258,482 RMB, reflecting a growth of about 4.12%[13]. - The company maintained a stable level of goodwill at 15,709,835 RMB, with minimal change from 15,795,319 RMB in the previous year[13]. Expenses - Total operating costs for Q1 2022 were 1,300,449,336 RMB, compared to 1,268,829,598 RMB in Q1 2021, reflecting an increase of about 2.83%[15]. - Research and development expenses decreased to 187,317,591 RMB from 197,475,512 RMB, reflecting a reduction of approximately 5.9%[17]. - The company reported a significant decrease in financial expenses, with interest expenses dropping to 8,782,500 RMB from 15,170,930 RMB, a reduction of about 42.5%[17]. - The company reported a decrease in sales expenses to 123,148,217 RMB from 136,200,466 RMB, a decline of approximately 9.6%[17]. Market Position and Growth - The company maintained a leading market position in core areas such as healthcare, smart automotive connectivity, and smart cities despite macroeconomic challenges[8]. - The company’s revenue growth, excluding the impact of Dongsoft Ruichi, would have been 25.55% year-on-year[8].