HQTC(SH:688151)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥227,344,425.15, representing a decrease of 21.00% compared to the same period last year[6]. - The net profit attributable to shareholders was ¥75,266,226.00, down 24.44% year-on-year[6]. - The net profit after deducting non-recurring gains and losses was ¥48,812,647.34, a decline of 42.15% compared to the previous year[6]. - The basic earnings per share were ¥0.22, reflecting a decrease of 43.59% year-on-year[6]. - Net profit for Q1 2022 was ¥75,266,226.00, down 24% from ¥99,606,750.97 in Q1 2021[34]. - Basic earnings per share for Q1 2022 was ¥0.22, compared to ¥0.39 in Q1 2021, reflecting a decline of 43%[34]. - The total comprehensive income for Q1 2022 was approximately ¥74.72 million, a decrease of 24.0% from ¥98.18 million in Q1 2021[51]. Cash Flow - The net cash flow from operating activities was -¥104,908,189.64, a significant decrease of 345.25% year-on-year[6]. - Cash flow from operating activities in Q1 2022 was negative at -¥104,908,189.64, compared to a positive cash flow of ¥42,776,359.17 in Q1 2021[37]. - Total cash inflow from operating activities was ¥117,800,599.55 in Q1 2022, down from ¥263,879,046.76 in Q1 2021, a decrease of 55%[37]. - Total cash outflow from operating activities was ¥222,708,789.19 in Q1 2022, slightly up from ¥221,102,687.59 in Q1 2021[37]. - The net cash flow from investing activities was -485,539.35 RMB, a decrease of 5,113,819.14 RMB compared to the previous period[39]. - The total cash inflow from financing activities was 10,000,000.00 RMB, while the total cash outflow was 30,176,041.66 RMB, resulting in a net cash flow of -87,922.80 RMB[39]. - Cash and cash equivalents at the end of Q1 2022 were approximately ¥3.50 billion, down from ¥590.57 million at the end of Q1 2021[53]. Assets and Liabilities - The total assets at the end of the reporting period were ¥5,247,952,915.65, a slight decrease of 0.83% from the end of the previous year[8]. - The company's current assets totaled ¥4,447,137,661.27, slightly down from ¥4,498,291,679.96 in the previous year[23]. - Total liabilities decreased to ¥938,218,319.52 from ¥1,058,217,018.85, showing a decline of approximately 11.3%[28]. - The company's equity attributable to shareholders increased to ¥4,309,734,596.13 from ¥4,233,697,874.52, representing a growth of about 1.8%[28]. - The total assets decreased to 5,243,132,445.33 RMB from 5,289,603,017.44 RMB, a reduction of approximately 0.9%[45]. - Total liabilities decreased to 948,233,154.10 RMB from 1,070,197,170.69 RMB, a decline of about 11.4%[45]. - The total equity increased to 4,294,899,291.23 RMB from 4,219,405,846.75 RMB, showing an increase of approximately 1.8%[45]. Research and Development - Research and development expenses totaled ¥17,101,761.56, an increase of 115.62% compared to the same period last year, accounting for 7.52% of operating revenue[8]. - Research and development expenses increased significantly to ¥17,101,761.56 in Q1 2022, up from ¥7,931,321.74 in Q1 2021, marking a rise of 116%[32]. - Research and development expenses increased significantly to approximately ¥16.64 million, up 109.0% from ¥7.93 million in Q1 2021[49]. Strategic Focus - The company plans to focus on market expansion and new product development in the upcoming quarters to improve financial performance[36]. - The company is focusing on expanding its market presence and enhancing its product offerings, although specific new products or technologies were not mentioned in the provided data[39].