HOP(SH:603319)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 398,553,165.51, a decrease of 7.09% compared to CNY 428,952,737.95 in the same period last year[5] - Net profit attributable to shareholders was CNY 31,360,994.02, down 31.45% from CNY 45,749,617.25 year-on-year[5] - The net profit after deducting non-recurring gains and losses was CNY 26,686,775.16, reflecting a decline of 38.45% from CNY 43,357,626.84 in the previous year[6] - Basic earnings per share decreased by 31.03% to CNY 0.20 from CNY 0.40 in the same period last year[6] - The weighted average return on equity fell by 1.30 percentage points to 2.15%[6] - Total operating revenue for Q1 2022 was RMB 398,553,165.51, a decrease of 7.8% compared to RMB 428,952,737.95 in Q1 2021[18] - Total profit decreased to ¥33,861,224.05 from ¥48,602,196.07, representing a decline of about 30.5% year-over-year[19] - Net profit for the first quarter was ¥31,747,135.83, down from ¥43,281,129.16, a decrease of approximately 26.6% year-over-year[20] - Basic and diluted earnings per share were both ¥0.20, compared to ¥0.29 in the same period last year, reflecting a decrease of approximately 31.0%[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,681,524,359.64, an increase of 2.19% from CNY 2,624,052,498.08 at the end of the previous year[6] - Total assets as of March 31, 2022, were RMB 2,681,524,359.64, up from RMB 2,624,052,498.08 at the end of 2021, showing an increase of 2.2%[17] - Total liabilities increased to RMB 1,187,869,080.80 from RMB 1,162,144,355.06, representing a growth of 2.2%[16] - Shareholders' equity attributable to shareholders increased by 2.17% to CNY 1,477,319,892.11 from CNY 1,445,958,898.09 at the end of the previous year[6] - Equity attributable to shareholders rose to RMB 1,477,319,892.11 from RMB 1,445,958,898.09, an increase of 2.2%[17] Cash Flow - The cash flow from operating activities was CNY 2,594,854.07, a slight decrease of 2.42% compared to CNY 2,659,290.59 in the same period last year[6] - Cash flow from operating activities generated a net amount of ¥2,594,854.07, slightly down from ¥2,659,290.59, a decrease of about 2.4% year-over-year[23] - Cash flow from investing activities showed a net inflow of ¥84,003,349.24, a significant improvement compared to a net outflow of ¥150,669,763.86 in the previous year[23] - Cash flow from financing activities increased to ¥67,605,788.56 from ¥10,232,590.73, indicating a substantial increase in financing activities[23] Shareholder Information - The company reported a total of 17,857 common shareholders at the end of the reporting period[12] - The top shareholder, Xu Zhongqiu, holds 19.54% of the shares, with 31,387,105 shares pledged[12] Expenses and Costs - Total operating costs for Q1 2022 were RMB 368,480,773.23, down from RMB 379,363,737.45 in Q1 2021, reflecting a reduction of 2.3%[18] - Research and development expenses increased to RMB 31,717,595.24 in Q1 2022, up from RMB 26,860,355.54 in Q1 2021, representing a growth of 18.5%[18] Cash and Receivables - Cash and cash equivalents as of March 31, 2022, were RMB 305,196,837.43, slightly down from RMB 311,634,622.23 at the end of 2021[14] - Accounts receivable increased to RMB 393,421,711.61 from RMB 379,849,327.39, indicating a rise of 3.5%[15] - Inventory levels rose to RMB 408,581,152.80, compared to RMB 375,758,383.12, marking an increase of 8.7%[15] - The total cash and cash equivalents at the end of the period amounted to ¥290,339,352.03, compared to ¥353,781,464.82 at the end of the previous year, a decrease of approximately 17.9%[24] - The company received cash from the recovery of investments totaling ¥140,000,000.00, up from ¥100,010,000.00, an increase of 40.0% year-over-year[23] - The company reported a decrease in cash received from sales of goods and services to ¥193,850,821.69 from ¥277,745,477.12, a decline of approximately 30.3% year-over-year[22] Borrowings - Short-term borrowings increased to RMB 494,161,400.00 from RMB 398,622,683.34, reflecting a rise of 24.0%[16] - Interest income decreased to ¥655,110.01 from ¥825,855.62, a decline of approximately 20.7% year-over-year[19]