Boss Soft(SZ:300525)2022-04-21 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥188,433,471.56, representing a 40.84% increase compared to ¥133,788,537.03 in the same period last year[6] - The net profit attributable to shareholders was -¥42,979,643.05, a decline of 15.40% from -¥37,244,748.07 year-on-year[6] - The net cash flow from operating activities was -¥272,727,742.37, which is a 27.26% decrease compared to -¥214,315,366.84 in the previous year[6] - The company reported a net loss in the first quarter, with total operating income not covering total operating costs[32] - The net profit for the first quarter was -72,792,760.07, compared to -61,995,664.86 in the previous year, indicating a decline of approximately 17.9%[38] - The total operating profit was -74,145,841.59, which is a decrease from -62,104,983.38 year-over-year[38] - The company reported a total comprehensive loss of -72,805,247.68, compared to -61,995,664.86 in the previous year[38] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,324,478,858.13, down 8.06% from ¥2,528,328,118.98 at the end of the previous year[6] - Total liabilities decreased to 510,717,599.78 from 663,092,587.89, indicating a reduction of about 23%[28] - Owner's equity totaled 1,813,761,258.35, down from 1,865,235,531.09, reflecting a decrease of approximately 2.8%[31] Cash Flow - Cash and cash equivalents decreased to 612,092,234.81 from 848,393,807.47, a decline of about 28%[25] - The cash and cash equivalents at the end of the period were 606,804,908.53, a decrease from 534,755,080.01 year-over-year[45] - The company recorded a net cash inflow from financing activities of 10,466,460.58, down from 50,035,809.00 in the previous year[45] - The company experienced a net cash outflow from investing activities of 25,960,661.19, contrasting with a net outflow of -249,171,672.96 in the previous year[42] Shareholder Information - The total number of common shareholders at the end of the reporting period is 13,516, with the largest shareholder, Chen Hang, holding 17.53% of shares, equating to 70,248,835 shares[13] - Linzhi Tencent Technology Co., Ltd. holds 8.27% of shares, amounting to 33,144,385 shares, while Fujian Electronic Information Group Co., Ltd. holds 4.94%, totaling 19,797,109 shares[13] - As of the end of the reporting period, Chen Hang has 52,686,626 shares under lock-up conditions due to executive lock-up agreements[17] - The total number of shares under lock-up conditions for the top ten shareholders is 78,656,726 shares, indicating a significant portion of shares is restricted[20] Capital Management - The company plans to issue shares to specific investors, with a total fundraising amount not exceeding RMB 200 million, aimed at supplementing working capital[21] - The company has approved a share repurchase plan, allocating between RMB 50 million and RMB 100 million for repurchasing shares at a price not exceeding RMB 27.00 per share[21] - The company has not yet implemented the share repurchase plan as of the reporting date[21] - The report indicates that the shareholding ratio of Fujian Electronic Information Group Co., Ltd. has dropped below 5% due to share reduction and capital changes[21] - The company has engaged Huashan Securities Co., Ltd. as the sponsor for the share issuance to ensure compliance and management of raised funds[21] Research and Development - Research and development expenses increased by 36.26% to ¥65,984,154.69 from ¥48,426,374.99 year-on-year[12] - Research and development expenses reached 65,984,154.69, compared to 48,426,374.99 in the previous period, reflecting a rise of approximately 36.4%[32] Revenue and Costs - Total operating costs for the first quarter were 270,276,493.66, up from 203,370,991.36, indicating an increase of about 32.8%[32] - Revenue from sales of goods and services received cash of 304,208,024.68, up from 146,722,189.08 in the previous year, representing an increase of approximately 106.8%[39]