Holystar(SH:688330)2022-04-25 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 293,680,912.05, representing a year-on-year increase of 47.57%[5] - The net profit attributable to shareholders for the same period was CNY 112,773,527.23, reflecting a growth of 61.32% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 98,759,135.31, which is an increase of 67.94% year-on-year[5] - Basic earnings per share for Q1 2022 was CNY 1.13, up by 61.43% from the same period last year[6] - Operating profit for Q1 2022 was ¥130,848,392.82, up 63.6% from ¥79,959,579.38 in Q1 2021[21] - Net profit for Q1 2022 was ¥112,773,527.23, representing a 61.3% increase compared to ¥69,908,004.60 in Q1 2021[22] - Basic and diluted earnings per share for Q1 2022 were both ¥1.13, compared to ¥0.70 in Q1 2021[22] Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,946,769,319.24, a slight increase of 0.80% from the end of the previous year[6] - As of March 31, 2022, the company's total assets amounted to RMB 3,946,769,319.24, showing a slight increase from RMB 3,915,497,683.37 at the end of 2021[16] - The company's current assets totaled RMB 3,550,568,178.76, a decrease from RMB 3,597,396,068.02 in the previous period[16] - The total non-current assets reached RMB 396,201,140.48, up from RMB 318,101,615.35, indicating a growth of about 24.6%[17] - Total liabilities decreased to ¥495,956,953.74 in Q1 2022 from ¥577,458,845.10 in Q1 2021[21] - Total equity increased to ¥3,450,812,365.50 in Q1 2022, up from ¥3,338,038,838.27 in Q1 2021[21] Cash Flow - The company reported a net cash flow from operating activities of CNY -149,986,364.03, indicating a negative cash flow situation[5] - Cash flow from operating activities for Q1 2022 showed a net outflow of ¥149,986,364.03, slightly worse than the outflow of ¥146,081,233.38 in Q1 2021[26] - The company reported a total cash outflow for operating activities of ¥317,835,905.46 in Q1 2022, compared to ¥206,003,431.42 in Q1 2021[26] - The net cash flow from investment activities was -236,887,287.66, compared to -1,298,051.48 in the previous period, indicating a significant increase in cash outflow[27] - The net increase in cash and cash equivalents was -349,316,987.67, compared to -199,114,219.30 in the previous period, reflecting a worsening cash position[27] - The ending balance of cash and cash equivalents was 418,973,206.71, down from 500,190,048.55 in the previous period[27] Research and Development - Research and development expenses totaled CNY 11,471,174.11, which is a decrease of 9.17% compared to the previous year[6] - The proportion of R&D expenses to operating revenue was 3.91%, down by 2.44 percentage points year-on-year[6] - Research and development expenses for Q1 2022 were ¥11,471,174.11, down from ¥12,629,307.55 in Q1 2021[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 4,560[12] - The largest shareholder, Shanghai Hongyuan Investment Group Co., Ltd., held 18,048,373 shares, accounting for 18.05% of the total shares[13] Other Information - The company has not disclosed any new product developments or market expansion strategies in the current report[15] - The company did not apply the new accounting standards starting from 2022, which may affect future financial reporting[27] - The report was published on April 26, 2022, by the board of directors of Shanghai Honglida Information Technology Co., Ltd[27]