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品茗科技(688109) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was CNY 67,969,817.86, representing a decrease of 7.09% compared to the same period last year[3]. - The net profit attributable to shareholders was a loss of CNY 25,180,955.77, a decline of 288.08% year-over-year[3]. - Total operating revenue for Q1 2022 was ¥67,969,817.86, a decrease of 7.3% from ¥73,158,001.63 in Q1 2021[14]. - The company reported a net loss of ¥25,180,955.77 for Q1 2022, compared to a net profit of ¥13,388,158.86 in Q1 2021[15]. - The net profit for Q1 2022 was a loss of CNY 25,923,170.39, compared to a profit of CNY 10,469,382.75 in Q1 2021, indicating a significant decline in profitability[21]. - The company experienced a total comprehensive loss of CNY 25,923,170.39 in Q1 2022, compared to a comprehensive income of CNY 10,469,382.75 in Q1 2021[21]. Research and Development - Research and development expenses totaled CNY 38,846,850.73, accounting for 57.15% of revenue, an increase of 31.39 percentage points[3]. - R&D investment increased by 106.13%, with a significant focus on enterprise-level platforms and AI innovations[7]. - R&D expenses surged to ¥38,846,850.73, representing a 105.5% increase compared to ¥18,846,138.21 in Q1 2021[14]. - Research and development expenses increased to CNY 36,965,858.88 in Q1 2022, up 107.5% from CNY 17,814,947.62 in Q1 2021, reflecting a strong focus on innovation[20]. Cash Flow and Liquidity - The operating cash flow showed a net outflow of CNY 79,305,583.96, indicating operational challenges[3]. - Cash inflows from operating activities totaled 81,565,670.36 RMB, a decrease of 20.6% from 102,681,924.52 RMB year-over-year[17]. - Net cash outflow from operating activities was -79,305,583.96 RMB, worsening from -36,472,496.36 RMB in the prior year[17]. - Cash and cash equivalents at the end of the period were 101,879,851.90 RMB, down from 653,626,967.08 RMB at the end of the previous year[18]. - Cash and cash equivalents showed a decline in current assets, totaling ¥926,362,084.37 compared to ¥995,688,165.34 in the previous year[12]. - Cash and cash equivalents at the end of Q1 2022 were CNY 99,962,313.00, down from CNY 652,181,459.51 at the end of Q1 2021, indicating liquidity challenges[25]. Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 961,094,659.27, down 6.99% from the end of the previous year[3]. - Total assets decreased to ¥961,094,659.27 from ¥1,033,379,389.74, reflecting a decline of approximately 7%[12]. - The total comprehensive income attributable to the parent company was -25,180,955.77 RMB, compared to 13,388,158.86 RMB in the same period last year[16]. - Total liabilities decreased to ¥74,054,689.91 from ¥123,597,484.86, a reduction of about 40%[12]. - The company's equity attributable to shareholders decreased to ¥887,039,969.36 from ¥909,781,904.88, a decline of approximately 2.5%[12]. - The company’s total liabilities and equity decreased to CNY 941,400,294.73 in Q1 2022 from CNY 1,017,670,095.88 in Q1 2021, reflecting a contraction in the capital structure[20]. Market and Operational Challenges - The company faced significant impacts from intermittent COVID-19 outbreaks, affecting marketing activities and project timelines in key regions[4]. - The construction information software business experienced an overall decline, with the smart construction site business particularly affected by the pandemic[4]. - Revenue decreased by 7.09% in Q1 2022, primarily due to the impact of the pandemic, with key markets like Shenzhen and Guangzhou experiencing operational disruptions[7]. - The company is focusing on enhancing online product promotion and innovative market activities to mitigate the adverse effects of the pandemic[5]. - The company experienced a significant increase in sales expenses, which rose to CNY 33,329,648.87 in Q1 2022, compared to CNY 21,577,651.27 in Q1 2021, reflecting higher marketing efforts[20].