HKD(SZ:002816)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥10,524,672.59, a decrease of 27.85% compared to ¥14,587,921.40 in the same period last year[4] - The net profit attributable to shareholders was a loss of ¥10,909,125.61, worsening by 11.87% from a loss of ¥9,752,015.02 in the previous year[4] - Operating profit for the current period is -10,740,481.83, compared to -9,670,734.81 in the previous period, indicating a worsening performance[20] - Net profit for the current period is -10,909,125.61, compared to -9,752,015.02 in the previous period, reflecting an increase in losses[21] - Total operating revenue for the current period is 10,524,672.59, a decrease from 14,587,921.40 in the previous period[19] Cash Flow and Liquidity - The net cash flow from operating activities increased by 65.40% to ¥18,584,145.41, compared to ¥11,236,023.45 in the same period last year[4] - Cash flow from operating activities for the current period is 18,584,145.41, an increase from 11,236,023.45 in the previous period[23] - The company's cash and cash equivalents increased to RMB 58,698,416.33 from RMB 41,189,085.52 at the beginning of the year, reflecting a significant improvement in liquidity[15] - Cash and cash equivalents at the end of the period amount to 57,910,916.33, down from 117,675,079.62 at the end of the previous period[24] - The company reported a cash outflow from financing activities of -446,429.25, compared to -181,927.11 in the previous period, indicating increased cash outflow[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥463,028,245.67, down 3.60% from ¥480,295,163.81 at the end of the previous year[4] - As of March 31, 2022, the total assets of Shenzhen Hekeda Precision Cleaning Equipment Co., Ltd. amounted to RMB 463,028,245.67, a decrease from RMB 480,295,163.81 at the beginning of the year[14] - Accounts receivable decreased to RMB 118,122,680.67 from RMB 156,209,407.84, indicating a reduction in outstanding customer payments[16] - The total liabilities decreased to RMB 54,778,335.68 from RMB 61,136,128.21, showing a reduction in the company's debt levels[17] - The company's equity attributable to shareholders decreased to RMB 408,249,909.99 from RMB 419,159,035.60, reflecting a decline in retained earnings[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,775[10] - The largest shareholder, Yiyang Ruihecheng Holding Co., Ltd., holds a 29.99% stake, with 22,293,428 shares frozen[10] Research and Development - Research and development expenses decreased by 33.82% to ¥1,197,746.62, attributed to the disposal of a subsidiary last year[7] - Research and development expenses for the current period are 1,197,746.62, compared to 1,809,822.13 in the previous period, indicating a reduction in investment in R&D[19] Operational Changes - The company reported a significant increase in prepayments, which rose by 257.30% to ¥5,016,163.97, primarily due to raw material purchases[7] - Sales expenses for the current period are 1,297,585.88, significantly lower than 3,090,380.48 in the previous period, suggesting cost-cutting measures[19] Governance and Control - The company planned to transfer control of 20% of its shares (20 million shares) held by its controlling shareholder, which may impact future governance[12] - The company suspended trading on February 8, 2022, due to the uncertainty surrounding the control transfer, and resumed trading on February 15, 2022[12] - The company terminated the planned control transfer and non-public issuance of shares on April 14, 2022, due to failure to reach an agreement with the counterparty[12] Audit Status - The company has not undergone an audit for the first quarter report[25]