KSW-TECH(SH:688283)2022-04-19 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥11,975,878.31, representing a year-on-year increase of 68.60%[6]. - The net profit attributable to shareholders was a loss of ¥612,231.95, with a significant reduction in losses compared to the same period last year[6][11]. - Operating profit for Q1 2022 was reported at -¥422,288.79, an improvement from -¥3,004,016.10 in the same period last year[21]. - Net profit for Q1 2022 was -¥612,231.95, compared to -¥3,241,763.10 in Q1 2021, indicating a reduction in losses[21]. - The total comprehensive income for Q1 2022 was -¥612,231.95, compared to -¥3,355,748.10 in Q1 2021, showing a reduction in overall losses[23]. Research and Development - Research and development expenses totaled ¥5,479,964.82, accounting for 45.76% of operating revenue, a decrease of 13.43 percentage points year-on-year[7]. - Research and development expenses increased to ¥5,479,964.82, up from ¥4,204,199.40 in Q1 2021, reflecting a focus on innovation[21]. - The company plans to continue increasing R&D investment to accelerate product upgrades and new product development[11]. Assets and Liabilities - Total assets increased by 243.12% to ¥896,415,066.97 compared to the end of the previous year[7]. - The company's total assets reached ¥896,415,066.97, up from ¥261,256,490.56 year-over-year, reflecting a growth of about 243%[19]. - The total current assets amounted to ¥878,094,068.07, compared to ¥244,694,829.82 in the same period last year, indicating a growth of approximately 258%[18]. - The total liabilities were reported at ¥84,901,827.86, an increase from ¥81,073,541.58, showing a rise of approximately 3.5%[19]. - The owner's equity totaled ¥811,513,239.11, significantly up from ¥180,182,948.98, marking an increase of around 350%[19]. Cash Flow - The company reported a net cash flow from operating activities of -¥14,015,644.21, primarily due to a delay in tax payments[11]. - The net cash flow from operating activities for Q1 2022 was -¥14,015,644.21, an improvement from -¥20,822,457.44 in Q1 2021[24]. - Cash and cash equivalents at the end of Q1 2022 totaled ¥689,555,422.01, a significant increase from ¥30,783,156.93 at the end of Q1 2021[25]. - As of March 31, 2022, the company reported cash and cash equivalents of ¥689,555,422.01, a significant increase from ¥70,574,309.58 in the previous year[17]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,303[12]. - The total number of shares held by Minsheng Securities Investment Co., Ltd. was 990,200 as of March 31, 2022[15]. - The company reported a total of 1,452,838 shares held by the Minsheng Securities - CITIC Securities - Minsheng Securities Kunheng Shunwei Strategic Placement No. 1 Asset Management Plan[15]. Market Performance - The increase in operating revenue was attributed to sustained growth in downstream market demand and enhanced market recognition of core products[10]. - The company has not disclosed any new product or technology developments in this quarter's report[16]. - The company raised ¥646,918,000.00 through investment activities in Q1 2022, indicating strong investor confidence[25]. Earnings Per Share - The basic and diluted earnings per share were both -¥0.01, reflecting the loss situation[7][11]. - Basic and diluted earnings per share for Q1 2022 were both -¥0.01, an improvement from -¥0.05 in Q1 2021[23].