Seeyon(SH:688369)2022-04-26 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥141,827,617.74, representing a year-on-year increase of 20.60%[3] - The net profit attributable to shareholders was -¥27,896,449.50, reflecting a significant decrease of 1,004.32% compared to the same period last year[3] - Basic and diluted earnings per share were both -¥0.36, a decline of 1,000.00% year-on-year[3] - The company achieved operating revenue of CNY 141.83 million in Q1 2022, representing a year-on-year growth of 20.60%[11] - The net profit attributable to shareholders was CNY -27.90 million, primarily due to a significant increase in personnel costs within total operating expenses[11] - Net profit for Q1 2022 was a loss of CNY 28,299,289.88, compared to a profit of CNY 3,630,676.65 in Q1 2021[17] Research and Development - Research and development expenses totaled ¥47,380,374.42, accounting for 33.41% of operating revenue, an increase of 6.36 percentage points year-on-year[4] - The average number of R&D personnel increased by over 40% compared to the same period last year, indicating a strong commitment to innovation[11] - Research and development expenses for Q1 2022 were CNY 47,380,374.42, an increase of 48.9% from CNY 31,809,788.96 in Q1 2021[16] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,853,582,731.28, a decrease of 10.46% from the end of the previous year[4] - As of March 31, 2022, total assets amounted to CNY 1.85 billion, down from CNY 2.07 billion at the end of 2021[14] - Total liabilities as of Q1 2022 were CNY 431,751,862.73, down from CNY 623,375,604.43 in Q1 2021[16] - Total equity attributable to shareholders was CNY 1,406,014,269.61 in Q1 2022, slightly down from CNY 1,430,425,088.86 in Q1 2021[16] Cash Flow - The net cash flow from operating activities was -¥220,494,730.03, indicating a significant outflow compared to the previous year[3] - Cash inflow from operating activities in Q1 2022 was CNY 198,197,211.38, compared to CNY 176,371,441.31 in Q1 2021, representing an increase of 12.3%[19] - The net cash outflow from operating activities was -220,494,730.03, compared to -136,138,739.93 in the previous year, indicating a decline in cash flow from operations[21] - The company experienced a net decrease in cash and cash equivalents of -223,907,782.31, compared to -436,576,100.71 in the prior year[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 4,533[8] - The largest shareholder, Xu Shi, holds 17,810,000 shares, representing 23.13% of the total shares[8] Marketing and Strategy - The average number of marketing personnel grew by 37% year-on-year, reflecting an aggressive marketing strategy[11] - The company is actively expanding its marketing layout and increasing customer coverage to drive project completion[11] - The company continues to focus on developing industry-specific solutions to enhance its service offerings[11] Operating Costs - Total operating costs for Q1 2022 were CNY 188,552,677.98, up 44.5% from CNY 130,315,046.37 in Q1 2021[16] - The company reported a decrease in sales expenses to CNY 73,306,632.62 in Q1 2022 from CNY 54,607,263.05 in Q1 2021, reflecting a 34.2% increase[16] - The cash paid to employees was 240,309,247.58, up from 193,626,871.42 year-over-year, reflecting increased payroll expenses[21] Government Subsidies - The company received government subsidies amounting to ¥1,379,390.63 during the reporting period[5]