Financial Performance - Revenue for Q1 2022 was CNY 165,602,256.51, a decrease of 7.22% compared to CNY 178,486,953.12 in the same period last year[3] - Net profit attributable to shareholders was a loss of CNY 147,346,675.16, a decline of 1,160.11% from a profit of CNY 13,899,242.20 in the previous year[3] - The company reported a total profit for the current period was a loss of ¥152,703,088.52, compared to a profit of ¥25,143,213.98 in the previous period[34] - Net profit for the current period was a loss of ¥151,517,093.75, compared to a profit of ¥10,994,886.14 in the previous period[34] - Basic and diluted earnings per share for the current period were both -0.1226, compared to 0.0117 in the previous period[37] Cash Flow - The net cash flow from operating activities improved to CNY 17,201,340.88, a significant increase of 289.52% compared to a negative cash flow of CNY -9,076,419.97 last year[3] - Cash flow from operating activities was ¥163,522,040.95, an increase of 31.43% from ¥124,462,381.96 in the previous period[38] - Operating cash inflow totaled $168.95 million, an increase from $152.18 million year-over-year[41] - Net cash flow from operating activities was $17.20 million, a significant improvement from a loss of $9.08 million in the previous year[41] - Total cash outflow for operating activities was $151.74 million, down from $161.26 million in the previous year[41] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,035,301,418.43, down 2.30% from CNY 4,130,231,337.74 at the end of the previous year[3] - The company's total assets decreased to CNY 4,035,301,418.43 from CNY 4,130,231,337.74, indicating a decline of about 2.3%[30] - The total liabilities increased significantly, leading to a decrease in equity attributable to shareholders by 18.81% to CNY 596,900,650.63[3] - The total liabilities increased to CNY 3,251,898,580.28 from CNY 3,190,885,901.37, reflecting an increase of approximately 1.9%[27] - The company’s equity attributable to shareholders decreased to CNY 596,900,650.63 from CNY 735,153,931.68, a decline of approximately 18.8%[30] Expenses - Financial expenses increased by 78.34% to CNY 30,174,544.00, primarily due to interest accrued from failure to meet repayment obligations[9] - The company reported a significant investment loss of ¥42,260,062.80, compared to a gain of ¥22,356,695.17 in the previous period[34] - Management expenses increased to ¥44,634,228.66, up 48.59% from ¥30,046,211.90 in the previous period[31] - The company reported a substantial increase in sales expenses, which rose by 35.75% to CNY 6,573,508.20, attributed to higher labor and market development costs[6] - Sales expenses rose to ¥6,573,508.20, an increase of 35.73% compared to ¥4,842,268.08 in the previous period[31] Shareholder Information - The total number of common shareholders at the end of the reporting period is 43,450[10] - The largest shareholder, Sihuo Ju Li Information Technology Group Co., Ltd., holds 20.68% of shares, totaling 250,973,000 shares[10] - The second-largest shareholder, Horgos Tianma Venture Investment Group Co., Ltd., holds 8.81% of shares, totaling 106,945,761 shares[10] - The third-largest shareholder, Shenzhen Zhongqi Information Industry Investment Consulting Co., Ltd., holds 4.32% of shares, totaling 52,443,552 shares[10] - The shareholder Tianma Venture Investment Group has reduced its holdings by 14,795,400 shares, accounting for 8.95% of the total share capital as of March 3, 2022[19] Risks and Guarantees - The company is facing a risk of bankruptcy and delisting due to a creditor's application for pre-restructuring, citing inability to repay debts[21] - The original controlling shareholder has provided guarantees for compensation obligations related to legal judgments, ensuring repayment within 120 days after the judgment[18] - The company has outstanding land reserve payments of CNY 9,000,000, which are yet to be paid as of the report date[21] Government Support - The company received government subsidies amounting to CNY 1,377,500.00, primarily from its subsidiary Qizhong CNC[5]
汇洲智能(002122) - 2022 Q1 - 季度财报