LabTech(SH:688056)2022-04-25 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥77,480,452.51, representing a decrease of 2.60% compared to the same period last year[5]. - The net profit attributable to shareholders was ¥11,915,323.71, down 18.02% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was ¥11,169,850.78, a decline of 20.02% compared to the previous year[5]. - The basic earnings per share for the period was ¥0.18, reflecting a decrease of 19.16%[6]. - Total operating revenue for Q1 2022 was ¥77,480,452.51, a decrease of 2.66% compared to ¥79,544,767.79 in Q1 2021[19]. - Net profit for Q1 2022 was ¥11,915,323.71, down 17.56% from ¥14,451,096.30 in Q1 2021[20]. - The company reported a total comprehensive income of ¥10,961,120.14 for Q1 2022, down from ¥15,135,742.24 in Q1 2021[21]. Expenses and Costs - Research and development expenses totaled ¥8,802,521.37, accounting for 11.36% of operating revenue, an increase of 1.83 percentage points year-on-year[6]. - Total operating costs increased to ¥66,792,420.79, up 5.43% from ¥63,078,301.01 in the same period last year[19]. - The company incurred credit impairment losses of ¥522,684.69, an increase from ¥326,386.20 in the previous year[20]. - Research and development expenses rose to ¥8,802,521.37, up from ¥7,656,135.65 in Q1 2021, indicating a focus on innovation[19]. Assets and Liabilities - The total assets at the end of the reporting period were ¥892,473,148.84, a slight decrease of 0.63% from the end of the previous year[6]. - As of March 31, 2022, the total assets of the company amounted to ¥886,806,004.22, a decrease from ¥892,473,148.84 as of December 31, 2021, reflecting a decline of approximately 0.75%[16]. - The company's current assets totaled ¥731,646,015.56, slightly down from ¥737,106,819.81 at the end of 2021, indicating a decrease of about 0.63%[17]. - The total liabilities decreased to ¥88,483,403.66 from ¥106,046,764.87, showing a significant reduction of about 16.6%[18]. - The company's equity attributable to shareholders rose to ¥798,322,600.56 from ¥786,426,383.97, marking an increase of approximately 1.5%[18]. Cash Flow - The net cash flow from operating activities was negative at -¥19,793,009.92, primarily due to reduced cash receipts and increased personnel costs[10]. - Cash flow from operating activities showed a net outflow of ¥19,793,009.92, compared to a net outflow of ¥1,042,761.18 in Q1 2021[24]. - Cash inflow from investment activities was ¥459,276,167.67, significantly higher than ¥170,688,145.56 in the previous year[24]. - Cash outflow from investment activities totaled ¥463,690,607.46, compared to ¥255,359,602.84 in Q1 2021[24]. - The net cash flow from financing activities was -$219,825.92[25]. - The net increase in cash and cash equivalents was -$25,356,101.30, compared to -$85,498,515.27 in the previous period[25]. - The beginning balance of cash and cash equivalents was $494,545,979.33, down from $615,428,619.89[25]. - The ending balance of cash and cash equivalents was $469,189,878.03, compared to $529,930,104.62 in the previous period[25]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 3,453[12]. - The company's short-term borrowings were not specified, indicating a potential focus on reducing debt levels[18]. - The company reported a decrease in employee compensation liabilities from ¥14,828,366.87 to ¥13,296,658.16, a reduction of about 10.3%[18]. Other Information - The company reported a non-recurring gain of ¥745,472.93 after tax, which includes a software tax rebate of ¥256,024.96 related to regular business operations[9]. - The company has not disclosed any new product developments or market expansion strategies in the current report[15].