Hylink(SH:603825)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥2,684,588,894.51, representing an increase of 11.92% compared to the same period last year[3]. - The net profit attributable to shareholders was ¥19,342,688.74, reflecting a growth of 28.75% year-over-year[3]. - The net profit after deducting non-recurring gains and losses was ¥19,373,973.36, an increase of 10.63% year-over-year[3]. - The company reported a net loss of RMB 10,548,698.58 for Q1 2022, compared to a net profit in Q1 2021[15]. - The company reported a total profit of CNY 21,957,872.29 for Q1 2022, compared to CNY 17,795,050.52 in Q1 2021, marking an increase of approximately 23.5%[19]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥199,011,919.78, a decrease of 153.25% compared to the previous year[3]. - The net cash flow from operating activities for Q1 2022 was negative at CNY -199,011,919.78, a decline from a positive CNY 373,754,879.96 in Q1 2021[19]. - Cash and cash equivalents decreased to RMB 692,983,301.47 as of March 31, 2022, down from RMB 985,877,614.25 at the end of 2021, representing a decline of 29.73%[12]. - The cash and cash equivalents at the end of Q1 2022 were CNY 542,488,619.58, a decrease from CNY 564,248,425.56 at the end of Q1 2021[20]. Assets and Liabilities - Total assets at the end of the reporting period were ¥7,895,235,539.81, down 13.40% from the end of the previous year[4]. - Total assets decreased to RMB 7,895,235,539.81 as of March 31, 2022, down from RMB 9,116,882,680.84 at the end of 2021, indicating a decline of 13.41%[13]. - Total liabilities decreased to RMB 5,558,577,000.14 from RMB 6,801,090,352.14, a decrease of 18.26%[14]. - The equity attributable to shareholders increased by 0.87% to ¥2,339,599,484.32 compared to the end of the previous year[4]. - The company's equity attributable to shareholders increased to RMB 2,339,599,484.32 from RMB 2,319,397,247.58, reflecting a growth of 0.78%[14]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 39,541[8]. - The largest shareholder, Su Tong, holds 26.21% of the shares, amounting to 66,389,131 shares[8]. Operating Costs and Expenses - Total operating costs for Q1 2022 were RMB 2,695,137,593.09, up from RMB 2,387,835,702.33 in Q1 2021, reflecting a year-over-year increase of 12.83%[15]. - Research and development expenses increased to CNY 58,425,202.86 in Q1 2022, up from CNY 46,999,591.16 in Q1 2021, reflecting a growth of approximately 24.3%[19]. - The company incurred financial expenses of CNY 24,751,327.90 in Q1 2022, which is significantly higher than CNY 14,761,815.68 in Q1 2021, indicating an increase of about 67.5%[19]. Comprehensive Income - The total comprehensive income for Q1 2022 was CNY 17,069,472.38, down from CNY 20,955,341.36 in Q1 2021, showing a decrease of about 18.5%[17]. Inventory and Receivables - Accounts receivable decreased to RMB 4,810,367,781.91 from RMB 5,828,790,682.40, a reduction of 17.43%[12]. - The company’s inventory decreased to RMB 202,654,920.41 from RMB 217,760,083.94, a decline of 6.93%[12]. - The company’s long-term investments increased slightly to RMB 109,478,744.85 from RMB 106,323,593.20, a growth of 2.03%[12]. Earnings Per Share - The company’s earnings per share (EPS) remained stable at CNY 0.08 for both basic and diluted EPS in Q1 2022, unchanged from Q1 2021[17].