HJHS(SH:603616)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥49,683,339.22, representing a decrease of 58.09% compared to the same period last year[5] - The net profit attributable to shareholders was -¥15,434,353.64, a decline of 93.90% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 123.17% to -¥16,343,423.66[5] - Basic earnings per share were -¥0.0405, down 49.45% from the previous year[6] - The company reported a net loss for Q1 2022, with total operating costs exceeding total operating revenue[20] - In Q1 2022, the company reported a net loss of ¥15,434,353.64, compared to a net loss of ¥7,246,275.26 in Q1 2021, representing a 113.5% increase in losses year-over-year[21] - The company's operating profit was reported at -¥16,787,757.22, worsening from -¥7,665,688.21 in the previous year, reflecting a decline of 118.5%[21] - The total comprehensive income for the period was -¥14,815,485.00, compared to -¥6,990,504.45 in Q1 2021, indicating a 112.5% increase in comprehensive losses[22] - The company reported a basic and diluted earnings per share of -¥0.0405, compared to -¥0.0271 in the same quarter last year[22] Cash Flow and Liquidity - The net cash flow from operating activities increased by 117.95% to ¥9,472,943.65, primarily due to project delays and material procurement issues caused by the pandemic[5] - The cash flow from operating activities showed a net inflow of ¥9,472,943.65, a significant recovery from a net outflow of -¥52,781,141.82 in Q1 2021[24] - The company’s cash flow situation indicates a need for improved liquidity management given the significant decrease in cash reserves[16] - The total cash outflow from financing activities was -¥30,426,360.86, an improvement from -¥121,874,627.10 in Q1 2021[25] - The company’s cash and cash equivalents at the end of the period stood at ¥82,019,274.65, a decrease from ¥8,520,079.30 at the end of Q1 2021[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,351,681,826.19, a decrease of 3.58% from the end of the previous year[6] - Cash and cash equivalents as of March 31, 2022, were RMB 97,305,748.78, a decrease of 35.4% from RMB 150,657,461.69 at the end of 2021[16] - Accounts receivable decreased to RMB 663,467,366.59 as of March 31, 2022, from RMB 770,138,876.82 at the end of 2021, representing a decline of 13.9%[16] - Inventory increased to RMB 226,309,878.28 as of March 31, 2022, up 29.3% from RMB 175,112,638.58 at the end of 2021[16] - Total liabilities decreased to RMB 1,265,690,592.94 as of March 31, 2022, from RMB 1,338,268,356.04 at the end of 2021, a reduction of 5.4%[18] Revenue and Costs - Total operating revenue for Q1 2022 was RMB 49,683,339.22, a decrease of 58.1% compared to RMB 118,546,507.99 in Q1 2021[20] - Total operating costs for Q1 2022 were RMB 77,539,045.39, down 43.5% from RMB 137,239,670.17 in Q1 2021[20] - The significant decline in revenue was attributed to the completion of the initial performance of the Shangqiu project, resulting in reduced supply amounts[9] - Total revenue from sales and services received cash inflow of ¥213,341,184.76, up from ¥160,938,219.86 in the same period last year, indicating a 32.5% increase[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 70,911[12] Future Outlook - The company plans to focus on cost control and operational efficiency to improve financial performance in the upcoming quarters[20] - The company incurred financial expenses of ¥7,287,799.92, down from ¥9,793,444.32 in the previous year, marking a decrease of 25.5%[21] - The weighted average return on equity was -1.41%, a decrease of 0.34 percentage points[6] - The company reported non-recurring gains of ¥909,070.02, primarily from the disposal of non-current assets[7]