Feitian(SZ:300386)2022-04-25 16:00Financial Performance - The company's revenue for Q1 2022 was CNY 166,606,986.92, representing a 27.57% increase compared to CNY 130,599,275.73 in the same period last year[3]. - The net profit attributable to shareholders was a loss of CNY 6,455,764.90, an improvement of 41.75% from a loss of CNY 11,082,393.77 in the previous year[3]. - The company reported a net loss of CNY 12,256,730.35 for Q1 2022, compared to a net loss of CNY 21,561,947.07 in Q1 2021[18]. - The net profit for Q1 2022 was -6,390,822.18 CNY, an improvement from -11,388,585.24 CNY in Q1 2021, representing a 43.5% reduction in losses[19]. - Operating profit for Q1 2022 was -12,592,470.68 CNY, compared to -15,046,345.92 CNY in the same period last year, indicating a 16.3% improvement[19]. - The total comprehensive income for Q1 2022 was -6,768,780.71 CNY, compared to -11,681,871.41 CNY in Q1 2021, showing a 42.3% improvement[20]. Cash Flow and Assets - The net cash flow from operating activities was a negative CNY 115,189,203.88, which is an 8.92% increase in outflow compared to a negative CNY 105,757,453.10 in the same period last year[3]. - The company's cash and cash equivalents decreased to CNY 602,572,928.47 from CNY 720,262,648.65 at the beginning of the year, representing a decline of 16.4%[15]. - The cash flow from operating activities was -115,189,203.88 CNY, slightly worse than -105,757,453.10 CNY in the previous year[24]. - The cash and cash equivalents at the end of Q1 2022 were 596,806,723.36 CNY, compared to 346,864,524.50 CNY at the end of Q1 2021, an increase of 72%[24]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,059,459,135.55, a 1.01% increase from CNY 2,038,813,808.93 at the end of the previous year[3]. - The total liabilities increased to CNY 234,041,976.68 from CNY 206,627,869.35, marking an increase of 13.2%[17]. - The total equity attributable to shareholders was CNY 1,818,568,069.46, slightly up from CNY 1,813,891,902.40 at the beginning of the year[17]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 41,775[10]. - The top shareholder, Huang Yu, holds 30.31% of the shares, totaling 126,700,046 shares[10]. Operating Costs and Revenue - The company's operating costs rose by 42.32% to CNY 108,755,968.02, attributed to increased sales of smart terminal products[7]. - The total operating revenue for Q1 2022 was CNY 166,606,986.92, an increase of 27.6% compared to CNY 130,599,275.73 in the same period last year[18]. - The total operating costs for Q1 2022 were CNY 178,863,717.27, up 17.6% from CNY 152,161,222.80 in Q1 2021[18]. - The total operating expenses increased to 266,907,529.40 CNY from 243,520,411.56 CNY, a rise of 9.6%[23]. - Total revenue from operating activities was 151,718,325.52 CNY, up from 137,762,958.46 CNY in Q1 2021, reflecting a growth of 10.1%[23]. Research and Development - Research and development expenses decreased to 19,457,951.37 CNY from 25,950,216.02 CNY, a reduction of 25%[19]. Future Plans - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[12].