IECHO(SH:688092)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥68,125,708.48, representing a year-on-year increase of 26.22%[5] - The net profit attributable to shareholders was ¥9,272,878.57, reflecting a growth of 7.31% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was ¥8,922,827.36, with a year-on-year increase of 6.68%[5] - Total operating revenue for Q1 2022 was CNY 68,125,708.48, an increase of 26.2% compared to CNY 53,973,407.63 in Q1 2021[22] - Net profit for Q1 2022 reached CNY 9,272,878.57, representing a 7.3% increase from CNY 8,641,472.40 in Q1 2021[23] - The company reported a total of CNY 10,035,710.90 in total profit for Q1 2022, compared to CNY 9,236,904.84 in Q1 2021[23] Earnings and Shareholder Returns - The basic earnings per share for the period was ¥0.16, down by 15.79% year-on-year[5] - Basic and diluted earnings per share for Q1 2022 were CNY 0.16, a decrease from CNY 0.19 in Q1 2021[24] Expenses and Costs - Research and development expenses totaled ¥7,824,615.38, which is 11.49% of operating revenue, an increase of 0.49 percentage points[6] - Total operating costs for Q1 2022 were CNY 59,116,202.09, up 28.4% from CNY 46,031,135.83 in Q1 2021[22] - Research and development expenses in Q1 2022 amounted to CNY 7,824,615.38, a rise of 35.4% compared to CNY 5,774,730.47 in Q1 2021[22] Cash Flow and Liquidity - The cash flow from operating activities was negative at -¥13,241,139.65, indicating a significant cash outflow[5] - Cash inflow from operating activities for Q1 2022 was CNY 76,158,689.49, compared to CNY 69,684,763.41 in Q1 2021[26] - The net cash flow from operating activities was -$13,241,139.65, an improvement from -$14,584,767.29 in the previous year[27] - The total cash and cash equivalents at the end of the period amounted to $248,661,693.05, down from $339,522,891.36 a year ago[27] - The company has a strong focus on maintaining liquidity, as evidenced by the increase in cash reserves and the management of current assets[18] Assets and Liabilities - The total assets at the end of the reporting period were ¥624,184,619.15, a decrease of 0.38% from the end of the previous year[6] - The total liabilities as of Q1 2022 were CNY 109,558,560.12, an increase from CNY 105,239,389.19 in Q1 2021[21] - The total equity attributable to shareholders was CNY 514,626,059.03, down from CNY 521,326,501.55 in Q1 2021[21] - The non-current assets totaled RMB 134,588,758.80, down from RMB 136,300,300.10, showing a decrease of approximately 1.3%[19] Shareholder Structure and Future Outlook - The total number of ordinary shareholders at the end of the reporting period was 3,790[14] - The report indicates that there are no significant changes in the shareholder structure, with the top shareholders maintaining their positions[16] - The company has not provided specific guidance for future performance but remains optimistic about market conditions and growth opportunities[17] Market Strategies - The company is exploring new strategies for market expansion and product development, although specific details were not disclosed in the report[17] Non-Recurring Items - The company reported a non-recurring gain of ¥350,051.21 after tax, primarily from government subsidies[9] Accounting Standards - The company has adopted new accounting standards starting in 2022, which may affect financial reporting[28]