SHAREATE(SH:688257)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥278,277,201.17, representing a year-on-year increase of 29.96%[3] - Net profit attributable to shareholders was ¥36,911,193.21, with a slight increase of 1.99% compared to the same period last year[3] - The net profit after deducting non-recurring gains and losses decreased by 17.84% to ¥27,598,642.97[3] - Total operating revenue for Q1 2022 reached ¥278,277,201.17, an increase of 30% compared to ¥214,117,885.92 in Q1 2021[16] - Net profit for Q1 2022 was ¥40,264,245.63, representing a 2% increase from ¥39,544,815.29 in Q1 2021[17] - Total comprehensive income for Q1 2022 was ¥46,810,994.13, an increase from ¥38,968,309.23 in Q1 2021[17] Research and Development - The company's R&D investment totaled ¥12,999,951.29, which is an increase of 36.22% year-on-year, accounting for 4.67% of operating revenue[4] - R&D expenses increased to ¥12,999,951.29 in Q1 2022, up 36% from ¥9,543,493.89 in Q1 2021[16] Earnings and Shareholder Information - The basic earnings per share for the period was ¥0.3977, down 23.51% year-on-year[3] - Basic earnings per share for Q1 2022 decreased to ¥0.3977 from ¥0.5200 in Q1 2021[17] - The total number of ordinary shareholders at the end of the reporting period was 6,824[9] - The top shareholder, Wu Hehong, holds 25.10% of the shares, totaling 23,297,000 shares[9] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥67,873,990.92, indicating a significant cash outflow[3] - Cash flow from operating activities for Q1 2022 was negative at -¥67,873,990.92, compared to -¥9,371,707.93 in Q1 2021[20] - The cash and cash equivalents decreased to RMB 224,035,368.69 from RMB 464,006,342.30, representing a decline of approximately 51.8%[12] - The company experienced a net decrease in cash and cash equivalents of -$248.38 million, compared to -$14.53 million in the previous period[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,723,871,479.09, reflecting a 3.00% increase from the end of the previous year[4] - As of March 31, 2022, the total current assets amounted to RMB 2,135,063,407.09, a slight decrease from RMB 2,158,924,176.47 at the end of 2021[12] - Total liabilities as of March 31, 2022, were RMB 620,168,489.13, slightly up from RMB 612,794,178.54[14] - The total equity attributable to shareholders increased to RMB 2,031,976,532.07 from RMB 1,990,482,614.91, marking a growth of about 2.1%[14] - The company reported a significant increase in goodwill, which rose to RMB 96,199,312.12 from RMB 49,135,645.83, representing an increase of approximately 96%[13] Investment Activities - The company reported a significant investment cash inflow of ¥445,158,066.08 in Q1 2022[20] - Investment activities generated a net cash flow of -$153.76 million, compared to -$42.38 million in the previous period[21] - The cash inflow from investment activities was $445.56 million, while cash outflow was $599.33 million[21] - The company made cash payments of $521.94 million for investments during the period[21] Financing Activities - Total cash inflow from financing activities was $9.25 million, down from $55.15 million in the previous period[21] - Cash outflow from financing activities totaled $36.89 million, compared to $19.25 million in the previous period[21] - The net cash flow from financing activities was -$27.64 million, a significant decrease from $35.90 million in the previous period[21] Accounting Standards - The company is not applying the new accounting standards for the current year[22]