CDT(SZ:300344)2022-04-28 16:00Financial Performance - The company's revenue for Q1 2022 was ¥62,070,519.23, a decrease of 38.45% compared to ¥100,847,252.44 in the same period last year[3] - The net profit attributable to shareholders was -¥24,461,859.99, representing a decline of 156.45% from ¥43,335,049.37 year-over-year[3] - The company's basic and diluted earnings per share were both -¥0.0381, a drop of 142.47% from ¥0.0897 in the same period last year[3] - Net loss for Q1 2022 was ¥24,734,372.18, compared to a net profit of ¥42,851,851.68 in Q1 2021[20] - Other comprehensive income after tax for Q1 2022 was -¥415,886.63, compared to ¥703,494.63 in the same period last year[21] Cash Flow and Liquidity - The net cash flow from operating activities improved by 58.99%, reaching -¥13,249,883.89 compared to -¥32,306,898.65 in the previous year[3] - Cash received from sales and services was not reported for Q1 2022, while it was ¥186,398,671.34 in the previous year[22] - The total cash inflow from financing activities was 10,000,000.00, compared to 8,686,000.00 in the previous year[24] - The net cash flow from financing activities was -56,218,033.01, slightly worse than -50,459,720.22 in the previous year[24] - The total cash and cash equivalents at the end of the period were 49,867,454.87, down from 122,997,924.88 at the beginning of the period[24] - The total cash outflow from operating activities was 217,908,306.98, compared to 95,192,937.43 in the previous year[23] - The cash outflow for purchasing goods and services was 172,448,335.76, up from 47,680,612.12 in the previous year[23] - The cash paid to employees was 20,302,922.62, a decrease from 23,765,303.34 in the previous year[23] - The cash paid for taxes was 2,706,295.62, down from 3,500,799.47 in the previous year[23] Assets and Liabilities - Total assets decreased by 14.73% to ¥757,905,666.95 from ¥888,805,389.24 at the end of the previous year[3] - Total liabilities decreased to ¥144,286,448.69 from ¥253,793,952.17 in the previous year[17] - The company's equity attributable to shareholders decreased to ¥614,103,290.11 from ¥635,222,996.73 year-over-year[17] - The total current assets amount to 561,217,098.98 RMB, a decrease from 693,656,711.28 RMB at the beginning of the year[15] - Accounts receivable stand at 229,123,528.86 RMB, down from 331,854,754.77 RMB[15] - Inventory has increased to 79,831,077.64 RMB from 63,121,113.62 RMB[15] - The company reported goodwill of 114,925,610.18 RMB, unchanged from the previous period[15] - Non-current assets include intangible assets valued at 16,326,590.95 RMB, a slight decrease from 16,923,441.50 RMB[15] Expenses - Research and development expenses decreased by 49.16% to ¥921,767.23 from ¥1,812,968.40 year-over-year[8] - The company reported a significant increase in sales expenses, which rose by 125.83% to ¥9,905,084.82 due to increased marketing investments for new product promotions[7] - Total operating costs for Q1 2022 were ¥90,161,727.17, slightly down from ¥91,887,811.67 year-over-year[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 23,067[10] - The largest shareholder, Hefei Lingcen Technology Consulting Partnership, holds 23.19% of shares, totaling 148,834,450 shares[10] Strategic Initiatives - The company has initiated an employee stock ownership plan with a total fundraising amount not exceeding 30 million RMB[12] - The company established a joint venture with Shanghai Ranmai Network Technology Co., Ltd. to enhance its market presence[12] - The company signed a strategic cooperation framework agreement with Three Gorges Electric Power (Shanghai) Co., Ltd. for project development and energy digital management services[13] Other Information - The company did not conduct an audit for the first quarter report[25]