Worldia(SH:688028)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥68,959,966.06, representing a decrease of 1.18% compared to the same period last year[3]. - Net profit attributable to shareholders decreased by 55.56% to ¥7,146,606.07, primarily due to reduced market demand and increased costs[4]. - Basic and diluted earnings per share both decreased by 55.00% to ¥0.09[3]. - Net profit for Q1 2022 was CNY 7,128,113.28, down 55.7% from CNY 16,082,088.73 in Q1 2021[21]. - Earnings per share (EPS) for Q1 2022 was CNY 0.09, compared to CNY 0.20 in Q1 2021[23]. - The total comprehensive income for Q1 2022 was ¥16,496,178.34, which is a substantial increase from ¥6,746,136.18 in Q1 2021[34]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥9,749,056.09, a decline of 173.82% year-on-year[3]. - Cash inflow from operating activities was CNY 72,388,588.58, a decrease of 16.8% from CNY 87,024,670.99 in Q1 2021[24]. - The net cash flow from operating activities was -9,749,056.09 RMB, a decrease from 13,205,694.04 RMB in the previous year[25]. - The company's cash and cash equivalents as of March 31, 2022, amount to ¥246,489,364.89, a decrease from ¥306,473,468.81 as of December 31, 2021[16]. - The cash and cash equivalents at the end of Q1 2022 were ¥58,710,179.12, a decrease from ¥181,505,018.17 at the end of Q1 2021[38]. Expenses and Investments - Research and development expenses totaled ¥6,216,679.23, an increase of 23.19%, accounting for 9.01% of operating revenue, up by 1.78 percentage points[3]. - The company experienced a significant increase in management, sales, and R&D expenses, totaling an additional ¥7,955,400, which is a 44.78% increase compared to the previous year[4]. - The company reported an investment cash outflow of ¥99,586,680.03 in Q1 2022, compared to ¥240,737,189.75 in Q1 2021, indicating a reduction in investment activities[36]. - The company achieved an investment income of ¥20,000,000.00 in Q1 2022, reflecting a positive return on investments[36]. Assets and Liabilities - Total assets at the end of the reporting period were ¥937,430,450.04, a slight increase of 0.65% from the previous year[4]. - Total liabilities as of the end of Q1 2022 were CNY 63,909,829.90, down from CNY 68,355,781.60 at the end of Q1 2021[18]. - Current liabilities decreased to ¥59,769,283.47 from ¥63,827,504.66 year-over-year[17]. - Non-current assets increased to ¥467,783,338.88 from ¥415,770,644.69 year-over-year[17]. - The total liabilities increased to 35,166,764.75 RMB from 31,789,701.14 RMB year-over-year[30]. Market Outlook and Challenges - The company anticipates challenges in revenue growth due to macroeconomic fluctuations and ongoing pandemic impacts affecting customer demand[4]. - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[22]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 7,123[11]. - The largest shareholder, Chen Jifeng, holds 38,196,240 shares, representing 47.75% of total shares[11]. Other Financial Metrics - The company reported a decrease in sales expenses to CNY 6,533,908.61, up from CNY 3,875,236.76 in Q1 2021[20]. - The company's financial expenses showed a significant improvement, with a net financial cost of -¥186,098.17 in Q1 2022 compared to -¥854,598.87 in Q1 2021[33].