吴通控股(300292) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was ¥962,405,031.06, a decrease of 14.06% compared to ¥1,119,900,517.25 in the same period last year[3] - The net profit attributable to shareholders was a loss of ¥11,444,555.04, representing a decline of 175.49% from a profit of ¥15,159,592.45 in the previous year[3] - The net loss for Q1 2022 was ¥11,386,502.20, compared to a net profit of ¥14,125,534.75 in Q1 2021, indicating a significant decline in profitability[22] - The comprehensive income total for Q1 2022 was ¥-11,164,772.96, contrasting with ¥14,472,683.49 in the previous year[23] - Basic and diluted earnings per share for Q1 2022 were both ¥-0.01, compared to ¥0.01 in Q1 2021[23] Cash Flow - The net cash flow from operating activities improved to -¥72,874,343.00, a 50.95% increase compared to -¥148,584,798.71 in the same period last year[3] - Total cash inflow from operating activities was 872,215,706.85, compared to 1,044,766,134.54 in the prior period[25] - Cash outflow from operating activities totaled 945,090,049.85, down from 1,193,350,933.25 in the previous period[25] - The net cash flow from investing activities was -119,063,736.86, worsening from -2,319,522.81 in the previous period[26] - Cash inflow from financing activities was 295,959,579.17, an increase from 211,239,875.00 in the prior period[26] - Cash outflow from financing activities was 287,872,390.29, compared to 179,958,432.00 in the previous period[26] - The net cash flow from financing activities was 8,087,188.88, down from 31,281,443.00 in the prior period[26] - The ending balance of cash and cash equivalents was 442,990,901.21, up from 326,832,803.20 in the previous period[26] Assets and Liabilities - The total assets at the end of Q1 2022 were ¥2,661,823,567.60, reflecting a 1.01% increase from ¥2,635,160,727.65 at the end of the previous year[3] - The total liabilities as of Q1 2022 amounted to ¥1,438,805,134.72, an increase from ¥1,394,327,521.81 in the previous year[21] - The company’s total liabilities increased, with bank borrowings rising by 40.11% to ¥295,959,579.17, indicating increased leverage[10] - The total current liabilities increased to approximately 1.353 billion RMB from 1.249 billion RMB, indicating a rise of about 8.3%[19] - The company’s non-current assets totaled approximately 410.56 million RMB, slightly up from 406.66 million RMB[19] Receivables and Inventory - The company’s receivables increased by 50.18% to ¥442,142,983.03, primarily due to extended payment periods caused by the pandemic[7] - The accounts receivable increased to approximately 442.14 million RMB, up from 294.40 million RMB, reflecting a growth of about 50.2%[19] - The company’s inventory and contract assets were reported at 255.75 million RMB, down from 270.77 million RMB, showing a decrease of about 5.6%[19] Investments and Acquisitions - The company made an investment payment of ¥109,999,992.10, mainly for purchasing structured deposits and investing in Xunzhong shares[10] - The company plans to acquire 100% equity of Fuzhou 498 Network Technology Co., Ltd. to expand its main business and promote high-quality development[16] - The company’s subsidiary intends to purchase a 10% stake in Kuangyi Communication for 6.65 million RMB, maintaining a 90% ownership post-transaction[15] Research and Development - Research and development expenses for Q1 2022 were ¥23,549,994.84, a decrease of 6.7% from ¥25,235,259.40 in the same period last year[22] Tax and Other Expenses - The company reported a significant increase in tax expenses, with Q1 2022 tax expenses at ¥1,843,905.42 compared to ¥3,358,230.08 in Q1 2021[22] - The company paid 82,361,041.17 in employee compensation, slightly down from 82,722,817.42 in the previous period[25] Strategic Moves - The company has engaged multiple advisory firms for due diligence related to the major asset restructuring, indicating a strategic move towards resource integration[16]