HBGK(SZ:300449)2022-04-19 16:00Revenue and Profit - The company's revenue for Q1 2022 was ¥14,355,934.75, a decrease of 80.73% compared to ¥74,501,119.35 in the same period last year[4] - The net profit attributable to shareholders was a loss of ¥10,003,400.98, which is an increase in loss of 11.20% from a loss of ¥8,995,533.28 in the previous year[4] - The net loss for Q1 2022 was CNY 10,079,200.40, compared to a net loss of CNY 8,995,533.28 in Q1 2021[23] Cash Flow and Liquidity - The net cash flow from operating activities improved to ¥3,754,387.30, a significant increase of 137.30% compared to a negative cash flow of ¥10,065,460.63 in the same period last year[5] - Cash flow from operating activities generated a net inflow of CNY 3,754,387.30, a significant improvement from a net outflow of CNY 10,065,460.63 in the previous year[25] - The company's cash and cash equivalents decreased by 67.48% to ¥14,744,935.22, primarily due to a decline in sales revenue[7] - Cash and cash equivalents at the end of Q1 2022 were CNY 12,808,449.38, compared to CNY 12,001,644.64 at the end of Q1 2021[26] Assets and Liabilities - The total assets at the end of the reporting period were ¥587,304,544.97, down 6.62% from ¥628,962,444.14 at the end of the previous year[5] - The total current assets decreased from CNY 397,473,058.04 at the beginning of the year to CNY 365,626,536.77 by the end of March 2022, representing a decline of approximately 8.0%[18] - The total liabilities decreased from CNY 467,309,417.42 at the beginning of the year to CNY 435,630,718.65 by the end of March 2022, indicating a reduction of about 6.8%[19] - The company's total equity decreased from CNY 161,653,026.72 to CNY 151,673,826.32, a decline of about 6.1%[19] Shareholder Information - The company had a total of 25,128 common shareholders at the end of the reporting period[10] Financial Ratios and Performance Metrics - The company's basic and diluted earnings per share remained at -¥0.03, unchanged from the previous year[5] - The weighted average return on equity decreased to -6.38%, a decline of 544.43% compared to -0.99% in the same period last year[5] Expenses - Total operating costs for Q1 2022 amounted to CNY 24,685,860.27, compared to CNY 83,387,635.81 in Q1 2021[22] - The company incurred research and development expenses of CNY 3,752,917.26 in Q1 2022, down from CNY 4,669,373.14 in Q1 2021[22] - Sales expenses for Q1 2022 were CNY 3,401,911.67, compared to CNY 4,669,636.34 in the same period last year[22] Borrowings and Financing - The company raised CNY 1,050,000.00 through borrowings in Q1 2022, down from CNY 25,000,000.00 in Q1 2021[26] - The total cash outflow from financing activities in Q1 2022 was CNY 54,436,524.19, compared to CNY 42,027,856.09 in the previous year[26] Other Financial Information - Contract liabilities increased by 29.56% to ¥3,073,569.55, attributed to an increase in advance payments received during the period[7] - The company reported a significant increase in financial expenses by 3431.25% to ¥2,493,599.56, mainly due to reduced recognition of financing income from debt restructuring[9] - The company accepted a financial assistance of up to CNY 100 million from Beijing Muchao Holdings Co., Ltd., with a term not exceeding one year[16] - The company changed its auditing firm to Zhongxing Cai Guanghua Accounting Firm for the 2021 audit[16] - The company reported a negative retained earnings of CNY -937,868,192.35 as of March 31, 2022[19]