HCR(SH:688500)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥94,178,144.65, representing a year-on-year increase of 22.86%[5] - Total operating revenue for Q1 2022 was CNY 94,178,144.65, an increase of 23% compared to CNY 76,655,804.60 in Q1 2021[22] - Total operating costs for Q1 2022 were CNY 102,799,320.27, up 22% from CNY 84,117,124.44 in Q1 2021[22] - Net profit for Q1 2022 was a loss of CNY 3,141,713.40, compared to a loss of CNY 1,773,190.97 in Q1 2021[23] - The company recorded other comprehensive income after tax of CNY -282,099.31 in Q1 2022, compared to CNY -12,608.77 in Q1 2021[23] - The total comprehensive income for Q1 2022 was CNY -3,423,812.71, compared to CNY -1,785,799.74 in Q1 2021[24] Profitability and Earnings - The net profit attributable to shareholders was -¥2,538,509.38, and the net profit after deducting non-recurring gains and losses was -¥6,056,542.57, both not applicable for year-on-year comparison[5] - Basic and diluted earnings per share for Q1 2022 were both CNY -0.034, compared to CNY -0.015 in Q1 2021[24] Cash Flow - The net cash flow from operating activities was -¥37,797,853.11, with basic and diluted earnings per share both at -¥0.034[6] - The company reported a net cash outflow from operating activities of CNY -37,797,853.11 in Q1 2022, an improvement from CNY -61,524,377.73 in Q1 2021[27] - Cash inflow from investment activities in Q1 2022 was CNY 614,716,730.59, compared to CNY 300,000,000.00 in Q1 2021[27] - Cash outflow for investments in Q1 2022 was CNY 781,338,740.81, significantly higher than CNY 300,554,834.00 in Q1 2021[27] - Net cash flow from financing activities was -$11,750, resulting in a total cash inflow of $3,350,000[28] - The net increase in cash and cash equivalents was -$204,573,406.52, compared to -$58,719,354.35 in the previous period[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,392,968,168.78, a decrease of 3.97% compared to the end of the previous year[6] - As of March 31, 2022, the company's total assets amounted to CNY 1,392,968,168.78, a decrease from CNY 1,450,501,609.50 as of December 31, 2021, reflecting a decline of approximately 3.9%[16] - The company's cash and cash equivalents decreased to CNY 188,685,767.76 from CNY 419,285,300.42, representing a significant decline of about 55.0%[16] - The total current liabilities decreased to CNY 172,695,120.51 from CNY 222,320,219.98, indicating a reduction of approximately 22.3%[18] - The total non-current liabilities decreased to CNY 5,203,346.94 from CNY 7,985,992.52, indicating a reduction of about 34.8%[18] - The company's total equity remained stable at CNY 74,274,510.00, unchanged from the previous period[18] - The company’s total equity attributable to shareholders was CNY 1,177,778,008.50 as of Q1 2022, slightly down from CNY 1,180,791,573.02 in Q1 2021[22] Shareholder Information - The company reported a total of 6,479 common shareholders at the end of the reporting period[12] - The largest shareholder, Xinjiang Liangzhi Zhengde Enterprise Management Consulting Co., Ltd., held 16,803,750 shares, accounting for 22.62% of the total shares[12] Research and Development - Research and development expenses totaled ¥12,425,280.53, accounting for 13.19% of operating revenue, a decrease of 0.97 percentage points[6] Other Financial Information - The company reported a total of CNY 632,846,191.78 in trading financial assets as of March 31, 2022, an increase from CNY 461,869,902.78[16] - The company has a goodwill amounting to CNY 133,449,765.83, unchanged from the previous period[17] - The company’s other receivables increased to CNY 14,393,252.76 from CNY 10,076,444.77, reflecting an increase of approximately 42.5%[17] - Accounts receivable slightly decreased to CNY 270,167,399.33 from CNY 275,120,768.82, showing a minor decline of about 1.8%[17] - The company's inventory increased to CNY 44,085,205.83 from CNY 39,166,547.67, reflecting an increase of approximately 12.5%[17]