WAYS(SH:605218)2022-04-25 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 328,453,790.85, representing a year-on-year increase of 5.92% compared to CNY 310,082,556.79 in the same period last year[6]. - Net profit attributable to shareholders decreased by 76.04% to CNY 6,196,541.21 from CNY 25,861,622.83 in the previous year[7]. - Basic earnings per share fell by 76.05% to CNY 0.0291 from CNY 0.1215 in the previous year[7]. - The total profit decreased by 90.95%, attributed to rising labor costs and increased R&D investments[10]. - The company reported a total comprehensive income of CNY 8,532,330.05 for Q1 2022, a decrease from CNY 26,008,705.60 in Q1 2021[23]. Cash Flow - The net cash flow from operating activities was CNY 20,726,086.42, down 30.67% from CNY 29,893,432.45 in the same period last year[7]. - Cash flow from operating activities showed a net outflow of -30.67 million RMB, mainly due to a decrease in cash recovered from sales[11]. - The total cash flow from investing activities was -108 million RMB, mainly due to a decrease in cash recovered from financial products[11]. - The cash flow from financing activities showed a net inflow of 44.65 million RMB, attributed to increased cash from subsidiary bill discounting[11]. - The cash received from other operating activities was $3,498,571.95 in Q1 2022, significantly higher than $845,370.17 in Q1 2021, reflecting a growth of 314.5%[25]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,477,109,804.16, an increase of 0.76% from CNY 1,466,006,552.07 at the end of the previous year[7]. - Total liabilities for Q1 2022 were CNY 327,754,505.28, compared to CNY 325,183,583.24 in Q1 2021, indicating a marginal increase[19]. - The company's total equity reached CNY 1,149,355,298.88 in Q1 2022, up from CNY 1,140,822,968.83 in Q1 2021[19]. Research and Development - Research and development expenses increased by 58.99%, indicating a significant investment in innovation[10]. - Research and development expenses increased to CNY 25,978,386.21 in Q1 2022, compared to CNY 16,339,152.91 in Q1 2021, reflecting a growth of 59.4%[22]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,318[14]. - The top shareholder, Watanabe Yoichi, holds 58.53% of the shares, totaling 124,576,382 shares[14]. Financial Assets and Expenses - The company reported a 90.91% increase in trading financial assets due to increased purchases of financial products during the period[10]. - The company experienced a 269.99% rise in financial expenses, primarily due to increased exchange rate losses[10]. - The company experienced a negative impact of -197.8 million RMB from exchange rate fluctuations on cash[11].