QuantumCTek(SH:688027)2022-04-25 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥9,889,301.58, representing a year-on-year increase of 99.68%[7]. - The net profit attributable to shareholders of the listed company was -¥19,608,372.49, with a basic and diluted earnings per share of -¥0.25[7][10]. - The company reported a significant increase in quantum communication product revenue, which was the main driver for the growth in operating income[15]. - Total operating revenue for Q1 2022 reached ¥9,889,301.58, a significant increase from ¥4,952,582.48 in Q1 2021, representing an increase of approximately 99%[33]. - Net profit for Q1 2022 was a loss of ¥19,706,399.56, compared to a loss of ¥13,491,923.17 in Q1 2021, reflecting an increase in losses of approximately 46%[36]. - Basic earnings per share for Q1 2022 were -¥0.25, compared to -¥0.17 in Q1 2021, indicating a decline in earnings per share[38]. Cash Flow - The net cash flow from operating activities was -¥20,384,958.81, indicating a significant cash outflow[10]. - Cash inflow from operating activities in Q1 2022 totaled ¥43,598,355.12, down from ¥54,471,659.51 in Q1 2021, a decrease of about 20%[40]. - The net cash flow from operating activities was -$20.38 million, an improvement from -$36.29 million in the previous period[41]. - Cash outflow from financing activities was $195,368.62, resulting in a net cash flow of -$195,368.62[41]. - The company paid $63.98 million in cash outflows from operating activities, a decrease from $90.76 million in the previous period[41]. Research and Development - The total R&D investment amounted to ¥33,431,703.16, which is an increase of 93.20% compared to the same period last year, accounting for 338.06% of operating revenue[10][16]. - Research and development expenses for Q1 2022 amounted to ¥17,324,280.07, compared to ¥15,367,095.75 in Q1 2021, an increase of approximately 12%[33]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,941,487,053.83, a decrease of 1.76% from the end of the previous year[10]. - The total liabilities of the company as of March 31, 2022, were RMB 275,310,371.59, a decrease of 9.2% from RMB 303,173,013.30[29]. - The company's total assets were RMB 1,941,487,053.83, down from RMB 1,976,262,053.48, indicating a reduction of 1.8%[29]. - The company's long-term equity investments decreased to RMB 44,468,325.89 from RMB 51,464,959.63, a decline of 13.6%[27]. - The total owner's equity as of March 31, 2022, was RMB 1,666,176,682.24, a slight decrease from RMB 1,673,089,040.18[29]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 15,720, with the largest shareholder holding 13.50% of the shares[18]. Other Income and Expenses - Non-recurring gains and losses totaled ¥18,535,880.38, primarily due to government subsidies and other non-operating income[11][12]. - Total operating costs for Q1 2022 were ¥50,356,349.73, up from ¥38,187,078.60 in Q1 2021, indicating a rise of about 32%[33]. - Sales expenses for Q1 2022 were ¥6,578,277.48, up from ¥5,717,793.47 in Q1 2021, reflecting an increase of about 15%[33]. - Management expenses for Q1 2022 reached ¥25,715,760.83, compared to ¥19,166,786.14 in Q1 2021, indicating an increase of approximately 34%[33]. - Other income for Q1 2022 was ¥17,643,854.61, compared to ¥13,173,722.52 in Q1 2021, representing an increase of about 34%[33]. - Investment income for Q1 2022 showed a loss of ¥2,480,399.53, contrasting with a gain of ¥1,071,246.47 in Q1 2021, indicating a significant decline in investment performance[33].