Wellhope(SH:603609)2022-04-28 16:00Financial Performance - The company's revenue for Q1 2022 was approximately ¥6.37 billion, representing a year-over-year increase of 0.81%[6] - The net profit attributable to shareholders was a loss of approximately ¥128.18 million, a decrease of 144.06% compared to the same period last year[6] - Basic earnings per share (EPS) for the period was -¥0.14, reflecting a decline of 143.75% year-over-year[6] - The company reported a net loss of ¥176,105,012.26 for the current period, compared to a net profit of ¥311,331,504.60 in the same period last year, indicating a significant decline in profitability[23] - Operating profit was reported at -¥148,479,491.93, a sharp decrease from ¥366,901,173.26 in the prior year[23] - Total revenue from operating activities was ¥6,101,712,648.74, slightly up from ¥6,047,568,933.10 year-over-year[25] - The total comprehensive loss for the period was ¥184,182,741.12, compared to a comprehensive income of ¥309,100,056.53 in the same period last year[23] Cash Flow and Liquidity - The net cash flow from operating activities was negative at approximately ¥364.90 million, indicating a significant cash outflow[6] - The net cash flow from operating activities was -¥364,899,379.02, an improvement from -¥556,311,101.38 in the previous year[25] - The company experienced a net cash outflow from investing activities of -¥182,798,314.14, compared to -¥179,367,495.22 in the same period last year[27] - Cash and cash equivalents at the end of the period stood at ¥884,392,653.86, down from ¥1,052,705,225.67 at the end of the previous year[27] - The company's cash and cash equivalents decreased to RMB 903,505,306.46 from RMB 1,233,577,781.76, representing a decline of 26.73%[18] Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥13.24 billion, an increase of 2.06% from the end of the previous year[9] - The company's total assets reached RMB 13,239,246,061.80, an increase of 2.06% from RMB 12,971,506,159.72[21] - The equity attributable to shareholders decreased to approximately ¥6.33 billion, down 2.15% from the previous year[9] - The company's equity attributable to shareholders decreased to RMB 6,325,671,353.58 from RMB 6,464,358,869.77, a decline of 2.14%[21] - The total liabilities increased to RMB 5,905,176,743.69, up 8.16% from RMB 5,458,902,516.24[21] Operating Costs and Expenses - Total operating costs for Q1 2022 reached RMB 6,467,746,901.24, up 7.68% from RMB 6,006,181,499.92 in the same period last year[21] - R&D expenses for Q1 2022 were RMB 19,646,317.75, nearly unchanged from RMB 19,656,195.40 in Q1 2021[21] - The company incurred interest expenses of ¥29,486,652.93, an increase from ¥19,968,124.00 in the prior year[23] Shareholder Information - The company had a total of 30,869 common shareholders at the end of the reporting period[13] - The weighted average return on equity was -2.00%, a decrease of 6.22 percentage points compared to the previous year[9] Non-Recurring Items - The company reported non-recurring losses totaling approximately ¥9.59 million for the period[10] - The significant decline in net profit was primarily due to substantial losses in the pig and poultry industries[10] - The company reported a decrease in investment income, with losses amounting to -¥41,679,168.25, compared to gains of ¥73,803,607.68 in the previous year[23]