佳创视讯(300264) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥21,228,019.52, a decrease of 50.46% compared to ¥42,847,713.31 in the same period last year[3] - The net profit attributable to shareholders was a loss of ¥12,406,462.37, representing a decline of 430.09% from a profit of ¥3,758,488.26 in the previous year[3] - The company's basic and diluted earnings per share were both -¥0.0300, a decrease of 429.67% from ¥0.0091 in the same period last year[3] - Net loss for Q1 2022 was CNY 12,734,221.31, compared to a net profit of CNY 3,780,857.58 in Q1 2021, reflecting a significant decline in profitability[30] - The total comprehensive income attributable to the parent company was -12,365,129.90 CNY, compared to 3,755,334.05 CNY in the previous period[31] Cash Flow - The net cash flow from operating activities improved by 83.22%, reaching -¥2,649,952.72 compared to -¥15,797,015.02 in the same period last year[10] - The net cash flow from financing activities increased by 128.07% to ¥1,089,640.00, primarily due to higher borrowing[10] - Cash inflow from operating activities totaled 37,134,277.09 CNY, while cash outflow was 39,784,229.81 CNY[34] - The net cash flow from financing activities was 10,896,397.23 CNY, compared to 4,777,736.29 CNY in the previous period[35] - The company received 20,600,000.00 CNY in cash from financing activities, significantly higher than 5,387,505.18 CNY in the previous period[34] Assets and Liabilities - Total assets at the end of the reporting period were ¥290,357,535.19, down 4.16% from ¥302,969,241.29 at the end of the previous year[3] - Current assets totaled CNY 212,341,751.87, down from CNY 223,790,072.50, indicating a decrease of about 5.1%[26] - The total liabilities decreased to CNY 154,284,587.45 from CNY 158,079,704.07, a decline of approximately 2.5%[26] - The company's cash and cash equivalents were CNY 20,859,021.86, a slight decrease from CNY 21,539,071.10[25] - The ending balance of cash and cash equivalents was 16,499,241.83 CNY, up from 10,027,677.95 CNY in the previous period[35] Operating Costs and Expenses - The company's operating costs for Q1 2022 were ¥16,466,800, a decrease of 38.96% from the previous year[9] - Total operating costs for Q1 2022 were CNY 36,579,276.82, up from CNY 42,204,840.51, indicating a cost reduction strategy[28] - Research and development expenses for Q1 2022 were CNY 4,659,018.30, compared to CNY 4,466,420.67 in the previous year, showing an increase of about 4.3%[28] - The company reported a significant increase in sales expenses, which rose to CNY 7,940,617.37 from CNY 5,095,703.98, an increase of approximately 55.5%[28] - The company paid 19,465,356.18 CNY for purchasing goods and services, down from 32,365,838.00 CNY in the previous period[34] Shareholder Information - The company’s major shareholders include Chen Kunjian with an 18.06% stake and Qiu Jiafen with a 3.07% stake[13] - The top ten shareholders hold a significant portion of the company's shares, with the largest shareholder holding over 18 million unrestricted shares[13] - The company has not disclosed any relationships or agreements among its major shareholders[13] Legal and Regulatory Matters - The company has initiated legal proceedings against Youpeng Puluo for the unpaid share repurchase amount, with a civil judgment already issued[17] - The company is currently awaiting the outcome of an appeal filed by one of the defendants, which has not yet been resolved[17] - The company has been actively responding to multiple rounds of inquiries from the Shenzhen Stock Exchange regarding its application for a private placement of shares[21] - The approval for the private placement is still pending from the Shenzhen Stock Exchange and the China Securities Regulatory Commission, introducing uncertainty regarding the timeline[22] Government Support - The company received government subsidies amounting to ¥404,723.00 during the reporting period[6] Investment Activities - The company holds a 4.7180% stake in Beijing Youpeng Puluo Technology Co., Ltd. after investing a total of RMB 100 million through share acquisition and capital increase[15] - The company has not received the second and third phases of the share repurchase payment from Youpeng Puluo, which were due by July 31, 2018, and September 30, 2018, respectively[15] - As of December 31, 2019, the company received RMB 500,000 from a joint account for the share repurchase, but the total amount received is significantly below expectations[16] Audit Information - The company did not conduct an audit for the first quarter report[36]