HHKJ(SZ:002296)2022-08-15 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥106,065,612.20, a decrease of 3.13% compared to ¥109,492,234.30 in the same period last year[3] - Net profit attributable to shareholders was ¥19,262,750.19, down 31.85% from ¥28,264,963.42 year-on-year[3] - Net profit for Q1 2022 was CNY 18,914,448.78, down 32.2% from CNY 27,875,748.68 in Q1 2021[19] - The total comprehensive income attributable to the parent company was CNY 19,262,750.19, a decrease of 31.8% compared to CNY 28,264,963.42 in the previous period[20] - Basic earnings per share decreased to CNY 0.0541 from CNY 0.0725, reflecting a decline of 25.5%[20] Cash Flow - The net cash flow from operating activities decreased by 62.94%, amounting to ¥25,756,059.18, primarily due to a reduction in cash received from sales[8] - Net cash flow from operating activities was CNY 25,756,059.18, down 62.9% from CNY 69,492,541.26 in the previous period[22] - Total cash inflow from operating activities was CNY 178,048,676.08, compared to CNY 285,561,149.14, indicating a decrease of 37.5%[23] - The company reported a significant decrease in cash received from sales of goods and services, totaling CNY 144,676,594.19, compared to CNY 267,370,499.57 in the previous period[22] - The cash and cash equivalents at the end of the period were CNY 142,481,971.05, down from CNY 488,693,970.08 at the beginning of the period[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,228,746,900.67, a decrease of 2.42% from the previous year-end[3] - The company's total assets decreased to CNY 2,228,746,900.67 from CNY 2,283,988,682.50 at the beginning of the year, a decline of 2.4%[16] - Total liabilities decreased to CNY 595,510,565.66 from CNY 635,195,252.27, reflecting a reduction of 6.2%[16] - Cash and cash equivalents at the end of Q1 2022 were CNY 169,296,487.86, down from CNY 197,076,299.90 at the beginning of the year, a decrease of 14.1%[14] - Accounts receivable decreased to CNY 441,167,309.03 from CNY 463,267,132.65, a decline of 4.8%[14] - Inventory remained stable at CNY 388,403,007.83, slightly up from CNY 388,089,357.33, an increase of 0.8%[14] - The company's equity attributable to shareholders decreased to CNY 1,606,833,994.12 from CNY 1,622,042,787.93, a decrease of 0.9%[16] Investment and Expenses - Research and development expenses increased by 57.63% compared to the same period last year, indicating a significant investment in innovation[10] - Research and development expenses rose significantly to CNY 19,966,531.21, compared to CNY 12,666,884.51 in the same period last year, marking an increase of 57.7%[19] - The company recorded a significant increase of 519.11% in investment income, attributed to higher returns from financial products and investments in associated companies[10] - Total operating costs increased to CNY 93,523,700.39, up from CNY 91,216,009.76 in the previous year, representing a rise of 2.5%[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 37,853[10] - The company’s repurchased shares accounted for 7.39% of the total share capital, totaling 28,798,783 shares[11] Other Information - The company reported a 109.69% decrease in cash flow from investing activities, primarily due to large time deposits with a maturity of over 12 months[8] - The net cash flow from investing activities was negative at CNY -11,665,633.19, contrasting with a positive CNY 120,400,218.86 in the previous period[23] - The company did not conduct any mergers or acquisitions during the reporting period, with no net profit reported from merged entities[20] - The report for the first quarter was not audited, indicating that the figures may be subject to change upon final review[25]