Apex(SH:603383)2022-04-25 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥98,857,713.26, representing a year-on-year increase of 38.21%[6] - The net profit attributable to shareholders for Q1 2022 was ¥2,111,007.68, reflecting a growth of 13.45% compared to the same period last year[6] - The basic and diluted earnings per share for Q1 2022 were both ¥0.0124, an increase of 9.00% year-on-year[8] - Total operating revenue for Q1 2022 was ¥98,857,713.26, a 38.2% increase from ¥71,524,665.31 in Q1 2021[25] - Net profit for Q1 2022 was ¥315,740.75, compared to a net profit of ¥1,491,407.19 in Q1 2021, indicating a significant decline[28] - The company reported a total comprehensive income of ¥315,740.75 for Q1 2022, down from ¥1,491,407.19 in Q1 2021[29] Cash Flow - The net cash flow from operating activities for Q1 2022 was -¥121,549,647.17, indicating a negative cash flow situation[6] - Cash inflow from operating activities in Q1 2022 was ¥55,397,579.05, slightly down from ¥56,850,289.82 in Q1 2021[29] - The net cash flow from operating activities was -$121.55 million, compared to -$78.81 million in the previous year, indicating a decline in operational cash generation[31] - The total cash outflow from operating activities was $176.95 million, compared to $135.66 million in the previous year[31] - The net increase in cash and cash equivalents was -$109.69 million, compared to -$86.16 million in the previous year[32] - The ending balance of cash and cash equivalents was $855.40 million, down from $541.88 million year-over-year[32] Assets and Liabilities - The total assets at the end of Q1 2022 were ¥1,569,289,148.23, a decrease of 3.80% from the end of the previous year[8] - Total current assets as of March 31, 2022, amounted to CNY 1,377,723,357.17, a decrease from CNY 1,442,443,671.28 as of December 31, 2021, representing a decline of approximately 4.5%[21] - Total liabilities decreased to CNY 297,798,334.32 from CNY 369,456,344.00, a reduction of approximately 19.4%[22] - Total equity attributable to shareholders increased to CNY 1,264,882,080.26 from CNY 1,251,113,242.04, reflecting a growth of about 1.1%[22] - The company reported a total asset value of CNY 1,569,289,148.23 as of March 31, 2022, down from CNY 1,631,232,278.90 at the end of 2021, a decrease of approximately 3.8%[22] Expenses - The company's management expenses increased by 59.99% in Q1 2022, primarily due to the inclusion of equity incentive plan expenses amounting to ¥7 million[14] - The company's R&D expenses increased to ¥30,411,013.18 in Q1 2022, up from ¥25,208,698.23 in Q1 2021, reflecting a 20.0% rise[25] - The company reported a significant increase of 373.39% in other income, mainly due to an increase in VAT refunds received[14] - The company’s sales expenses increased to ¥16,616,568.14 in Q1 2022, compared to ¥13,982,507.20 in Q1 2021, marking an increase of 19.0%[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 15,431[15] - The top shareholder, Yan Mengyu, holds 21.00% of the shares, totaling 35,887,614 shares[15] Investment Activities - The net investment income for Q1 2022 was ¥1,850,144.47, a decrease from ¥3,023,213.41 in Q1 2021[25] - The company experienced a net loss from investments in associates and joint ventures of ¥1,050,191.53 in Q1 2022, compared to a loss of ¥424,705.99 in Q1 2021[25] - Total cash inflow from investment activities was $393.47 million, down from $524.57 million year-over-year[31] - The net cash flow from investment activities was $11.37 million, a significant improvement from -$9.41 million in the previous year[31] - Cash received from investment income was $3.22 million, down from $4.57 million year-over-year[31]