Speechocean(SH:688787)2022-05-30 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥47,876,427.23, representing an increase of 8.22% compared to the same period last year[5]. - The net profit attributable to shareholders decreased by 42.25% to ¥9,437,853.93, while the net profit after deducting non-recurring gains and losses fell by 68.43% to ¥4,521,816.29[5]. - Basic and diluted earnings per share were both ¥0.22, down 56.86% from the previous year[6]. - The gross profit margin for Q1 2022 was 67.62%, with gross profit remaining stable compared to the previous year[9]. - The net profit for Q1 2022 was CNY 9,437,853.93, a decrease of 42.5% compared to CNY 16,341,743.76 in Q1 2021[23]. - Operating profit for Q1 2022 was CNY 9,776,167.05, down 47.3% from CNY 18,410,114.43 in the same period last year[23]. - The total comprehensive income for Q1 2022 was CNY 9,439,473.63, a decrease of 42.1% compared to CNY 16,346,115.36 in Q1 2021[24]. Cash Flow and Assets - The net cash flow from operating activities was ¥4,768,088.45, a significant decline of 74.17% year-on-year[6]. - Cash and cash equivalents as of March 31, 2022, were CNY 262,145,504.62, down from CNY 277,703,399.65 at the end of 2021[19]. - Accounts receivable decreased to CNY 75,536,438.00 as of March 31, 2022, from CNY 90,196,484.25 at the end of 2021, indicating improved cash flow management[19]. - The company experienced a net cash decrease of CNY 15,557,895.03 in Q1 2022, compared to a decrease of CNY 4,908,641.43 in Q1 2021[28]. Research and Development - The company's R&D investment totaled ¥17,934,730.30, an increase of 81.00% year-on-year, accounting for 37.46% of operating revenue, up 15.06 percentage points[6]. - The company's R&D investment accelerated in Q1 2022, with growth outpacing the revenue growth during the same period[10]. - R&D expenses in Q1 2022 reached CNY 17,934,730.30, compared to CNY 9,908,463.03 in Q1 2021, indicating a 81.5% increase year-over-year[22]. - The company plans to continue increasing R&D investments and expanding its smart driving data service business as part of its strategic layout for 2022[9]. Overseas Business Performance - In Q1 2022, the company's overseas revenue reached ¥2,353.79 million, representing a year-on-year growth of 25.21% compared to ¥1,879.90 million in Q1 2021[11]. - The scale of overseas orders and backlog orders increased significantly by 168.71% and 607.57% respectively in Q1 2022, driven by the normalization of pandemic control measures in major overseas markets[11]. - The collection ratio of accounts receivable corresponding to overseas revenue in Q1 2022 was 39.17%, with a total collection amount of ¥1,021.83 million out of ¥2,608.89 million in accounts receivable[12]. - The company reported a significant recovery in overseas business, attributed to effective resumption of work and production by overseas clients[11]. - The company is actively adjusting its internal strategies through technology R&D and sales force development to enhance overseas business performance[11]. Shareholder Information - The top shareholder, He Lin, holds 20.26% of the shares, amounting to 8,669,725 shares[15]. - The second-largest shareholder, Beijing Zhongrui'an Investment Center, holds 11.58% of the shares, totaling 4,954,128 shares[15]. - The company has a total of 4,875 common stock shareholders as of the end of the reporting period[14]. Liabilities and Equity - Total liabilities as of March 31, 2022, were CNY 23,585,868.48, down from CNY 34,754,993.04 at the end of 2021, showing a reduction in liabilities[21]. - The company's total equity as of March 31, 2022, was CNY 815,347,876.68, an increase from CNY 805,908,403.05 at the end of 2021[22].