ZEHO ECO(SH:605069)2022-04-25 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥87,724,371.32, representing a year-on-year increase of 2.47%[5] - The net profit attributable to shareholders was a loss of ¥24,526,084.18, which is a deterioration of 12.85% compared to the same period last year[5] - The net profit for Q1 2022 was -26,335,498.52 RMB, compared to -28,524,248.43 RMB in Q1 2021, showing an improvement of approximately 7.5% year-over-year[19] - The total operating profit for Q1 2022 was -24,355,023.10 RMB, an improvement from -28,553,222.19 RMB in the same period last year[19] - The total comprehensive income for Q1 2022 was -26,335,498.52 RMB, compared to -28,524,248.43 RMB in Q1 2021, indicating a year-over-year improvement[20] - Basic and diluted earnings per share for Q1 2022 were both -0.15 RMB, compared to -0.23 RMB in Q1 2021, reflecting a 34.8% improvement[20] Cash Flow - The net cash flow from operating activities was a negative ¥84,144,703.75, with no applicable percentage change due to the nature of the data[5] - Cash flow from operating activities was -84,144,703.75 RMB, an improvement from -235,576,871.68 RMB in Q1 2021, indicating a significant reduction in cash outflow[22] - The company reported cash inflow from investment activities of 101,194,460.27 RMB, compared to no inflow in Q1 2021[22] - Cash flow from financing activities generated a net inflow of 190,916,197.49 RMB, compared to 231,953,074.86 RMB in the previous year, reflecting a decrease of approximately 17.7%[22] Assets and Liabilities - Total assets at the end of Q1 2022 amounted to ¥4,620,139,849.02, reflecting a 2.36% increase from the end of the previous year[6] - Total assets as of March 31, 2022, were RMB 4,620,139,849.02, compared to RMB 4,513,770,851.91 at the end of 2021, indicating a growth of 2.36%[16] - Total liabilities increased to RMB 2,658,672,370.98 from RMB 2,525,967,875.35, marking an increase of 5.25%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 17,305[10] - The largest shareholder, Beijing Huiheng Investment Co., Ltd., holds 38.82% of the shares, totaling 63,212,000 shares[10] Operating Costs and Expenses - Total operating costs for Q1 2022 were RMB 125,880,969.91, a decrease of 8.25% from RMB 137,008,093.00 in Q1 2021[16] - Research and development expenses for Q1 2022 were RMB 8,871,621.92, down from RMB 9,833,581.22 in Q1 2021, a decrease of 9.79%[16] Other Financial Metrics - The weighted average return on net assets was -1.34%, indicating a decline in profitability[5] - The company reported non-recurring gains and losses totaling ¥242,486.28 after tax adjustments[8] - The equity attributable to shareholders decreased by 1.33% to ¥1,824,886,333.17 compared to the end of the previous year[6] - The company incurred credit impairment losses of 12,571,407.59 RMB in Q1 2022, compared to 22,523,299.32 RMB in Q1 2021, indicating a reduction in credit risk[19] - Cash and cash equivalents as of March 31, 2022, amounted to RMB 434,741,336.59, up from RMB 226,390,341.91 as of December 31, 2021, representing an increase of 92.06%[13] - Accounts receivable decreased to RMB 1,689,271,842.73 from RMB 1,790,441,169.49, a decline of 5.66%[14] - Short-term borrowings increased to RMB 291,131,649.70 from RMB 276,650,000.00, reflecting a rise of 5.23%[15] - The company reported a decrease in retained earnings to RMB 680,114,274.81 from RMB 704,640,358.99, a decline of 3.48%[15]