Headman(SH:688577)2022-04-26 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 132,621,623.09, representing a year-on-year increase of 16.82%[5] - The net profit attributable to shareholders was CNY 14,828,984.53, showing a decrease of 3.77% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was CNY 12,256,872.90, down by 13.70% year-on-year[5] - The company's net profit for Q1 2022 was ¥16,441,650.53, up 13.3% from ¥14,511,373.50 in Q1 2021[30] - Operating profit for Q1 2022 was ¥19,316,495.07, compared to ¥17,369,747.52 in Q1 2021, indicating an increase of 11.2%[29] - The total profit before tax for Q1 2022 was CNY 17,226,373.91, down from CNY 18,159,125.19 in Q1 2021, reflecting a decrease of approximately 5.14%[21] Cash Flow - The net cash flow from operating activities was negative at CNY -33,262,359.78, a decline of 634.64% compared to the previous year[6] - The company's cash flow from operating activities showed a net outflow of ¥34,833,085.53 in Q1 2022, compared to a net inflow of ¥5,858,795.40 in Q1 2021[32] - The company reported a total cash and cash equivalents balance of CNY 107,519,252.59 at the end of Q1 2022, down from CNY 299,361,220.53 at the end of Q1 2021[23] - The ending balance of cash and cash equivalents was $104,455,275.16, down from $297,828,259.75 in the previous period[33] - The net increase in cash and cash equivalents was -$28,550,844.63, compared to -$25,593,701.79 in the previous period[33] Research and Development - Research and development expenses totaled CNY 9,506,811.68, which is an increase of 65.78% year-on-year[6] - Research and development expenses increased to ¥7,062,733.77 in Q1 2022 from ¥6,180,288.45 in Q1 2021, reflecting a growth of 14.3%[29] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,229,750,484.29, reflecting a slight increase of 0.50% from the end of the previous year[6] - Total assets as of March 31, 2022, were RMB 1,229,750,484.29, slightly up from RMB 1,223,624,813.93 at the end of 2021[16] - Total liabilities decreased to RMB 401,410,300.78 from RMB 410,763,846.09, a reduction of 2.9%[16] - The total liabilities decreased to ¥359,923,132.97 in Q1 2022 from ¥385,236,318.85 in Q1 2021, a reduction of approximately 6.5%[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 3,350[10] - The company's equity attributable to shareholders increased to RMB 829,000,757.08 from RMB 812,860,967.84, reflecting a growth of 1.9%[16] Market and Product Development - The company is focusing on expanding its market presence and enhancing product development, although specific new products or technologies were not detailed in the report[17] Other Financial Metrics - The weighted average return on net assets was 1.81%, a decrease of 0.18 percentage points compared to the previous year[6] - The basic and diluted earnings per share for Q1 2022 were both CNY 0.27, compared to CNY 0.29 in Q1 2021, indicating a decrease of approximately 6.9%[19] - The company reported a decrease in cash received from sales to ¥59,217,710.13 in Q1 2022 from ¥60,468,205.81 in Q1 2021, a decline of 2.1%[32]