虹软科技(688088) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥136,446,700.41, representing a decrease of 9.39% compared to the same period last year[6]. - Net profit attributable to shareholders was ¥24,530,014.32, down 55.86% year-on-year[6]. - The net profit after deducting non-recurring gains and losses was ¥14,433,762.71, a decline of 66.32% compared to the previous year[6]. - Basic and diluted earnings per share were both ¥0.06, down 57.14% year-on-year[6]. - Total revenue for Q1 2022 was $136.45 million, a decrease of 9.4% from $150.59 million in Q1 2021[37]. - Operating profit for Q1 2022 was $29.47 million, down 52.6% from $62.18 million in Q1 2021[37]. - Net profit for the current period is $24,203,875.85, a decrease of 56% compared to $54,934,325.12 in the previous period[39]. - The total comprehensive income for the current period is $26,539,375.34, down from $57,687,458.89, reflecting a decline of approximately 54%[39]. - Basic and diluted earnings per share are both $0.06, compared to $0.14 in the previous period, indicating a 57% decrease[39]. Cash Flow and Assets - The net cash flow from operating activities was ¥5,834,115.52, reflecting a significant decrease of 95.43%[6]. - Cash flow from operating activities generated a net amount of $5,834,115.52, significantly lower than $127,775,783.06 from the previous year[43]. - The company's cash and cash equivalents as of March 31, 2022, amounted to RMB 1,489,006,310.65, an increase from RMB 871,969,351.16 as of December 31, 2021, representing a growth of approximately 70.7%[28]. - The ending cash and cash equivalents balance is $1,489,006,310.65, up from $1,027,311,617.29, reflecting an increase of about 45%[44]. - Cash inflow from investment activities totaled $1,219,189,564.42, compared to $1,390,961,922.80 in the previous year, showing a decrease of about 12%[43]. - Cash outflow for investment activities was $601,864,492.98, down from $1,360,362,676.62, indicating a reduction of approximately 56%[44]. Expenses and Liabilities - Total operating costs increased to $116.12 million, up from $107.47 million in the same period last year, representing an increase of 8.5%[37]. - Research and development expenses totaled ¥67,182,564.80, accounting for 49.24% of operating revenue, an increase of 5.14 percentage points[9]. - Research and development expenses were $67.18 million, slightly up from $66.41 million in Q1 2021[37]. - The company's total liabilities decreased to $345.09 million from $369.10 million, a reduction of 6.5%[33]. - The company reported a tax expense of $5,272,440.98, down from $7,131,460.22, indicating a reduction of about 26%[39]. Equity and Investments - The total equity attributable to shareholders was ¥2,571,713,121.56, up 1.16% from the previous year-end[9]. - The company's total assets amounted to $2.92 billion, a slight increase from $2.91 billion[33]. - The company's long-term equity investments increased to RMB 39,189,489.14 as of March 31, 2022, compared to RMB 38,564,883.59 as of December 31, 2021, reflecting a growth of approximately 1.6%[28]. - The company's other equity instrument investments rose to RMB 82,435,713.68 as of March 31, 2022, up from RMB 62,769,011.26 as of December 31, 2021, indicating an increase of about 31.4%[28]. - The company's equity attributable to shareholders rose to $2.57 billion, up from $2.54 billion, an increase of 1.7%[33]. Shareholder Information - The top ten unrestricted shareholders hold a total of 61,658,064 shares, with the largest shareholder being Nanjing Ruilian Emerging Industry Investment Fund Partnership, holding 61,658,064 shares[20]. - The company has not disclosed whether the top shareholders participate in margin trading or securities lending activities[20]. - As of the end of the reporting period, the company has repurchased 4,829,600 shares through its dedicated repurchase account[19]. Legal and Other Matters - The company is currently involved in a lawsuit with uncertain outcomes, which includes its wholly-owned subsidiary ArcSoft Inc. and its actual controller Hui Deng[23]. - The company has invalidated a total of 1,472,000 restricted stock units due to performance criteria not being met and the departure of certain incentive recipients[25]. - The company signed a software licensing agreement amendment in March 2020, with a contract value of RMB 220 million, which is currently in normal performance status[24]. Non-Recurring Gains - The company reported non-recurring gains of ¥10,096,251.61, primarily from investment income and government subsidies[11].