皖通科技(002331) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥187,701,964.50, representing a 25.97% increase compared to ¥149,009,062.40 in the same period last year[3] - The net loss attributable to shareholders was ¥12,346,444.05, an improvement of 14.30% from a loss of ¥14,407,324.64 in the previous year[3] - The basic earnings per share improved by 14.00%, reaching -¥0.0301 compared to -¥0.0350 in the same period last year[3] - The net loss for the first quarter was CNY 13,548,102.55, compared to a net loss of CNY 10,606,858.32 in the previous year, reflecting a decline in profitability[30] - The company's operating profit was reported at CNY -13,289,261.69, worsening from CNY -8,590,939.59 in the prior year[29] Cash Flow - The net cash flow from operating activities improved by 17.08%, amounting to -¥96,385,134.12 compared to -¥116,235,263.89 in the same period last year[3] - The total cash inflow from operating activities was CNY 287,221,001.92, a decrease from CNY 402,508,868.47 in the previous year, representing a decline of approximately 28.7%[33] - The total cash outflow from operating activities was CNY 383,606,136.04, down from CNY 518,744,132.36, indicating a reduction of about 26.0%[33] - The net cash flow from financing activities increased by 110.23%, driven by accounts receivable factoring from subsidiaries[8] - The net cash flow from financing activities was CNY 7,618,188.00, an increase from CNY 3,623,817.30, representing a growth of approximately 110.0%[34] Assets and Liabilities - The total assets decreased by 6.41% to ¥2,607,016,480.65 from ¥2,785,711,884.88 at the end of the previous year[4] - The total liabilities decreased to CNY 677,135,351.25 from CNY 842,282,652.93, a decline of about 19.6%[26] - As of March 31, 2022, the company's total current assets amounted to approximately CNY 1.96 billion, down from CNY 2.13 billion at the beginning of the year, reflecting a decrease of about 8.0%[24] - The company's long-term equity investments slightly increased to CNY 5.36 million from CNY 5.33 million, showing a marginal growth[24] - The company’s total non-current assets were CNY 647,333,150.15, a slight decrease from CNY 655,740,193.50, reflecting a reduction of about 1.3%[26] Operational Costs and Income - The company's operating costs increased by 45.25% due to higher revenue, reflecting the growth in business activities[8] - Other income rose by 103.17%, primarily due to an increase in government subsidies received[8] - The company reported a 95.8% decline in investment income, attributed to reduced earnings from affiliated enterprises[8] - The total operating costs amounted to CNY 208,042,087.07, up 29.0% from CNY 161,157,818.50 year-on-year[28] - The research and development expenses for the quarter were CNY 14,778,218.60, down from CNY 16,259,077.47, showing a reduction of approximately 9.1%[29] Legal and Financial Challenges - The company reported overdue loans totaling CNY 10.5 million, with CNY 1 million currently overdue, indicating ongoing financial challenges with external borrowings[17] - The company has initiated legal proceedings against Xi'an Qizheng Information Engineering Co., Ltd. for a loan dispute, with the case currently under court review[19] - The company has outstanding performance guarantees totaling CNY 2.5 million related to the Ankang Big Data Industrial Park project, which remains unresolved[20] - The company has addressed the non-standard audit opinion from the 2020 financial report, stating that the issues have been resolved as of March 14, 2022[14] Cash and Equivalents - The company’s cash and cash equivalents decreased to approximately CNY 681.11 million from CNY 748.68 million, a decline of about 9.0%[24] - The ending balance of cash and cash equivalents was CNY 650,326,133.14, down from CNY 688,870,468.63, indicating a decrease of about 5.6%[34] - The cash outflow for employee payments was CNY 94,255,721.47, a decrease from CNY 118,769,555.61, representing a decline of approximately 20.6%[33] - The cash inflow from investment income was CNY 32,503.07, compared to CNY 0 in the previous year, indicating a positive change[34] - The cash inflow from the disposal of fixed assets was CNY 87,000.00, with no comparable figure from the previous year[34]