佳华科技(688051) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 6,380.39 million, a decrease of 41.02% compared to the same period last year[5] - The net profit attributable to shareholders was CNY -3,697.20 million, representing a decline of 549.53% year-on-year[5] - Total operating revenue for Q1 2022 was ¥63,803,878.94, a decrease of 41.1% compared to ¥108,184,242.57 in Q1 2021[20] - Net profit for Q1 2022 was a loss of ¥37,437,393.37, compared to a profit of ¥7,778,415.91 in Q1 2021, indicating a significant decline[21] - The company's net loss for Q1 2022 was CNY 1,943,679.99, compared to a profit of CNY 21,147,967.63 in Q1 2021[28] - The net profit for Q1 2022 was -¥23,091,647.62, a significant decline compared to a net profit of ¥1,149,727.48 in Q1 2021[30] - Operating profit for Q1 2022 was -¥22,661,871.09, compared to an operating profit of ¥1,238,271.34 in the same period last year[30] Research and Development - Research and development expenses totaled CNY 3,805.18 million, accounting for 59.64% of operating revenue, an increase of 34.49 percentage points from the previous year[6] - The company experienced a 102.37% increase in R&D expenses, reflecting a commitment to innovation despite declining revenues[10] - Research and development expenses surged to ¥30,703,988.83 in Q1 2022, up 102.5% from ¥15,172,290.70 in Q1 2021[20] - Research and development expenses increased to CNY 11,557,477.76, up 72.5% from CNY 6,699,410.61 in Q1 2021[29] Cash Flow and Liquidity - The net cash flow from operating activities was CNY -10,713.73 million, with no applicable comparison due to negative cash flow[5] - Cash inflow from operating activities totaled ¥92,059,794.10 in Q1 2022, slightly up from ¥88,372,271.18 in Q1 2021[24] - The net cash flow from operating activities was negative CNY 107,137,288.14, slightly worse than the negative CNY 101,283,963.27 in the previous year[25] - The total cash and cash equivalents at the end of Q1 2022 were CNY 120,076,816.52, down from CNY 194,465,831.51 at the end of Q1 2021[26] - Cash inflow from financing activities was CNY 10,076,658.67, a significant decrease from CNY 54,208.15 in the previous year[26] - The company reported cash inflow from financing activities of ¥76,658.67, compared to ¥54,208.15 in Q1 2021[32] Assets and Liabilities - The total assets at the end of the reporting period were CNY 176,331.85 million, down 5.11% from the end of the previous year[6] - The company's current assets totaled RMB 1,027,787,817.30, down from RMB 1,119,602,488.23, indicating a decrease of about 8.2% year-over-year[17] - The total liabilities of the company were RMB 1,027,787,817.30, with current liabilities including short-term borrowings of RMB 110,000,000.00, up from RMB 100,000,000.00, indicating a 10% increase[17] - Total liabilities decreased to ¥470,021,635.02 in Q1 2022 from ¥532,044,585.62 in Q1 2021, a reduction of 11.6%[19] - The total assets as of March 31, 2022, were CNY 1,419,290,460.32, down from CNY 1,488,461,357.76 at the end of 2021[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 5,067[12] - The largest shareholder, Shanghai Baiyu Information Technology Co., Ltd., held 31.63% of the shares, totaling 24,463,099 shares[12] Inventory and Accounts Receivable - The company reported a significant increase in accounts receivable, with a change of 495.00% due to the collection of bank acceptance bills from customers[9] - Inventory increased to RMB 53,289,694.81 from RMB 38,314,269.15, marking an increase of approximately 39.1%[17] - The company's accounts receivable stood at RMB 420,245,155.35, slightly down from RMB 425,758,554.61, showing a decrease of about 1.3%[16] - The company’s inventory increased to CNY 35,287,351.47 from CNY 22,254,006.23 year-over-year, indicating a 58.7% rise[27] General Observations - The company has not disclosed any new product developments or technological advancements during this reporting period[15] - There were no significant mergers or acquisitions reported in the first quarter of 2022[15] - The company has not provided specific guidance for future performance or market expansion strategies in this report[15]