AtHub(603881)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was RMB 342,541,673.81, representing a year-on-year increase of 30.09%[5] - The net profit attributable to shareholders for Q1 2022 was RMB 11,180,074.14, showing a decrease of 65.83% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 9,518,543.04, down 68.36% year-on-year[5] - Basic earnings per share for Q1 2022 were RMB 0.03, a decrease of 78.57% compared to the previous year[5] - The net profit for Q1 2022 was CNY 11,183,104.66, a decrease of 63.3% compared to CNY 30,444,767.35 in Q1 2021[30] - The total profit for Q1 2022 was CNY 13,165,406.20, down from CNY 38,368,343.82 in the same period last year, representing a decline of 65.6%[30] - Operating profit for Q1 2022 was CNY 13,128,232.95, compared to CNY 38,362,692.09 in Q1 2021, reflecting a decrease of 65.7%[30] - Total comprehensive income for Q1 2022 was CNY 11,183,104.66, compared to CNY 30,444,767.35 in Q1 2021, a decrease of 63.3%[31] - The basic and diluted earnings per share for Q1 2022 were both CNY 0.03, down from CNY 0.14 in Q1 2021[31] Cash Flow - The net cash flow from operating activities increased significantly by 372.23%, amounting to RMB 174,645,186.60[5] - Cash flow from operating activities for Q1 2022 was CNY 174,645,186.60, significantly higher than CNY 36,983,010.18 in Q1 2021, indicating an increase of 371.5%[33] - Cash flow from investing activities showed a net outflow of CNY 10,116,389.40 in Q1 2022, compared to a much larger outflow of CNY 575,299,644.06 in Q1 2021[33] - Cash flow from financing activities resulted in a net outflow of CNY 142,419,198.51 in Q1 2022, contrasting with a net inflow of CNY 504,039,555.18 in Q1 2021[36] - The company reported cash inflows from sales of goods and services totaling CNY 319,095,974.68 in Q1 2022, an increase from CNY 170,754,079.33 in Q1 2021, representing an increase of 87.0%[32] Assets and Liabilities - Total assets at the end of the reporting period were RMB 7,971,087,284.07, down 3.37% from the end of the previous year[5] - As of March 31, 2022, the total current assets amounted to approximately 1.37 billion RMB, a decrease from approximately 1.44 billion RMB at the end of December 2021[21] - The total assets as of March 31, 2022, were approximately 7.97 billion RMB, down from approximately 8.25 billion RMB at the end of December 2021[26] - The total liabilities as of March 31, 2022, were approximately 5.06 billion RMB, compared to approximately 5.27 billion RMB at the end of December 2021[26] - Shareholders' equity attributable to the parent company was RMB 2,905,794,228.68, a decrease of 2.77% from the previous year[5] Operational Insights - The increase in operating revenue was primarily due to the expansion of operational scale and the increase in delivered project cabinets[8] - The decrease in net profit was mainly attributed to increased depreciation and other costs due to the expanded operational scale[8] - The company's EBITDA for the reporting period reached approximately 235 million RMB, representing a year-on-year growth of 36.09% due to increased operational scale and the delivery of more operational cabinets[16] - The total operating costs for Q1 2022 were approximately 331.41 million RMB, compared to approximately 228.06 million RMB in Q1 2021, indicating an increase of about 45.4%[26] - The company's long-term borrowings as of March 31, 2022, were approximately 1.71 billion RMB, down from approximately 1.80 billion RMB at the end of December 2021[23] - The company's retained earnings as of March 31, 2022, were approximately 708.64 million RMB, compared to approximately 697.46 million RMB at the end of December 2021[23]