FJR(SH:688272)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥14,898,298.41, representing a decrease of 74.76% compared to the same period last year[5] - The net profit attributable to shareholders was -¥16,701,589.96, a decline of 349.33% year-over-year[5] - The net profit attributable to shareholders excluding non-recurring gains and losses was -¥19,326,389.96, down 391.23% from the previous year[5] - Basic earnings per share were -¥0.22, reflecting a decrease of 283.13% compared to the same period last year[6] - Total operating revenue for Q1 2022 was CNY 14,898,298.41, a decrease of 74.8% compared to CNY 59,033,439.50 in Q1 2021[18] - Net profit for Q1 2022 was a loss of CNY 16,701,589.96, compared to a profit of CNY 6,698,588.23 in Q1 2021[19] - The total comprehensive income attributable to the parent company was -16,701,589.96 CNY, compared to 6,698,588.23 CNY in the same period last year[20] - Basic and diluted earnings per share were both -0.22 CNY, down from 0.12 CNY in the previous year[20] Research and Development - R&D investment totaled ¥9,539,480.27, accounting for 64.03% of operating revenue, an increase of 48.45 percentage points year-over-year[6] - Research and development expenses for Q1 2022 were CNY 9,539,480.27, compared to CNY 9,199,388.85 in Q1 2021, indicating a year-over-year increase of 3.7%[19] Cash Flow and Liquidity - Cash flow from operating activities was -¥29,936,972.15, a decline of 4.16% compared to the previous year[5] - Cash inflow from operating activities was 27,572,905.08 CNY, a decrease of 66.8% from 82,867,339.82 CNY in Q1 2021[21] - Cash outflow from operating activities totaled 57,509,877.23 CNY, down from 114,104,263.69 CNY in the same quarter last year[21] - Net cash flow from operating activities was -29,936,972.15 CNY, slightly improved from -31,236,923.87 CNY in Q1 2021[21] - Cash flow from investing activities was -1,435,148.64 CNY, compared to -1,643,424.67 CNY in the previous year[21] - Cash flow from financing activities showed a net increase of 7,517,575.64 CNY, a significant improvement from -17,721,542.03 CNY in Q1 2021[21] - The ending cash and cash equivalents balance was 350,399,220.93 CNY, compared to 60,556,539.88 CNY at the end of Q1 2021[21] - The company reported a cash inflow of 10,000,000.00 CNY from borrowings during the quarter[21] - The company’s cash outflow for employee compensation was 27,107,302.68 CNY, an increase from 23,443,787.51 CNY in the same period last year[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥772,836,816.17, down 2.82% from the end of the previous year[6] - The company's total assets decreased to CNY 772,836,816.17 in Q1 2022 from CNY 795,255,000.45 in Q1 2021[17] - Total liabilities decreased to CNY 110,898,306.51 in Q1 2022 from CNY 116,614,900.83 in Q1 2021[17] - The company's fixed assets increased slightly to CNY 8,841,723.03 in Q1 2022 from CNY 8,820,645.06 in Q1 2021[17] - The total current assets as of March 31, 2022, are ¥728,806,771.36, down from ¥749,931,327.67 at the end of 2021[15] Shareholder Information - The total number of common shareholders at the end of the reporting period is 4,597[10] - The largest shareholder, Ningbo Ruijifu Technology Center, holds 14,672,272 shares, accounting for 19.31% of total shares[10] - The top ten shareholders include several individuals and investment partnerships, indicating a concentrated ownership structure[10] Future Plans and Investments - The company plans to invest in Northern Guangwei Technology Co., Ltd., acquiring a 10% stake, pending further negotiations and audits[13] - The transaction value for the investment in Northern Guangwei is yet to be determined, with a commitment to eliminate existing share pledges before finalizing the deal[14] - The company plans to focus on cost control and efficiency improvements in response to the significant decline in revenue[18] Other Information - The company has not disclosed any significant new product developments or market expansions in this reporting period[12]