恒华科技(300365) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥75,711,578.63, a decrease of 39.50% compared to ¥125,142,026.60 in the same period last year[4] - The net profit attributable to shareholders was a loss of ¥18,098,724.71, representing a decline of 269.96% from a profit of ¥10,648,528.79 in the previous year[4] - The net loss for Q1 2022 was CNY 19,746,826.84, a significant decline from a net profit of CNY 10,618,401.51 in the same period last year[24] - The operating profit for Q1 2022 was -CNY 19,796,601.66, compared to an operating profit of CNY 12,654,289.41 in the previous period[23] - The total comprehensive income for Q1 2022 was -CNY 19,941,721.89, a decrease from CNY 32,382,504.44 in the same period last year[24] Cash Flow - The net cash flow from operating activities improved by 38.19%, amounting to -¥118,711,585.76 compared to -¥192,056,886.06 in the same period last year[4] - The net cash flow from operating activities was -118,711,585.76, an improvement from -192,056,886.06 in the previous period, indicating a reduction in cash outflow[26] - Total cash inflow from operating activities amounted to 142,104,290.66, compared to 117,421,660.25 in the previous period, reflecting a 20.99% increase[26] - Cash outflow from operating activities decreased to 260,815,876.42 from 309,478,546.31, showing a reduction of 15.73%[26] - The net cash flow from investing activities was -13,886,247.58, worsening from -4,231,251.54 in the previous period[27] - Cash inflow from investing activities totaled 2,745,634.76, up from 79,000.00 in the previous period[27] - Cash outflow from investing activities increased significantly to 16,631,882.34 from 4,310,251.54, indicating a rise of 285.73%[27] - The net cash flow from financing activities was -33,501,823.48, compared to -1,174,225.49 in the previous period, reflecting a significant increase in cash outflow[27] - Cash inflow from financing activities was 36,000,000.00, with no inflow recorded in the previous period[27] - The ending cash and cash equivalents balance was 323,570,257.88, down from 580,721,585.85 in the previous period, representing a decrease of 44.24%[27] - The company’s cash and cash equivalents decreased by 167,048,653.86 during the period, compared to a decrease of 197,444,038.36 in the previous period[27] Assets and Liabilities - The company's total assets decreased by 3.41% to ¥2,813,501,096.88 from ¥2,912,975,951.87 at the end of the previous year[4] - The total current liabilities decreased to CNY 546,000,000.00 from CNY 570,000,000.00, showing a reduction of about 4.2%[20] - The company’s total liabilities decreased to CNY 1,200,000,000.00 from CNY 1,250,000,000.00, reflecting a decrease of about 4%[20] - The total liabilities decreased to CNY 570,723,204.98 from CNY 650,256,338.08 in the previous period[23] - The total equity attributable to shareholders of the parent company was CNY 2,147,894,856.25, down from CNY 2,166,188,476.01[23] Expenses - The company's sales expenses increased by 85.85%, primarily due to higher costs associated with building the marketing network[10] - The financial expenses surged by 149.79%, mainly due to changes in foreign exchange gains and losses from short-term borrowings[10] - The investment income decreased by 170.61%, attributed to increased losses from associated companies[10] - Research and development expenses increased to CNY 25,527,426.91 in Q1 2022, up from CNY 20,351,952.14 in the previous period[23] Other Financial Metrics - The weighted average return on net assets was -0.84%, down from 0.27% in the same period last year, indicating a significant decline in profitability[4] - The company reported a 423.16% increase in other income, mainly due to the receipt of VAT refunds[10] - The company experienced a 228.18% decrease in net cash flow from investing activities, primarily due to payments for project construction and investments in associated companies[11] - The company's cash and cash equivalents decreased to CNY 417,294,969.85 from CNY 592,434,288.73, representing a decline of approximately 29.5%[19] - Accounts receivable stood at CNY 1,223,462,379.88, down from CNY 1,272,580,340.11, indicating a reduction of about 3.9%[19] - Inventory increased significantly to CNY 348,172,225.69 from CNY 261,100,816.89, reflecting a growth of approximately 33.3%[19] - The total non-current assets increased slightly to CNY 338,284,130.26 from CNY 330,555,416.23, marking a growth of about 2.2%[20] - The company’s prepayments increased to CNY 37,287,034.06 from CNY 8,439,215.41, indicating a significant rise of approximately 341.5%[19] - The company reported a total of 251,678,077 shares under lock-up agreements, with 31,006,050 shares released during the period[17] - The company has a total of 1,944,900 shares held by shareholder Yin Xiangqin through a margin trading account[16]