丝路视觉(300556) - 2022 Q1 - 季度财报

Revenue and Profitability - The company's revenue for Q1 2022 was ¥190,845,868.85, representing an increase of 11.72% compared to ¥170,831,316.12 in the same period last year[4] - The net profit attributable to shareholders was -¥28,901,341.51, a decrease of 308.80% from -¥7,069,792.21 year-on-year[4] - The company experienced a basic earnings per share loss of -¥0.25, a 316.67% decline compared to the previous year, attributed to increased losses[9] - The net loss for Q1 2022 was CNY 28,868,433.77, compared to a net loss of CNY 7,959,725.34 in Q1 2021, reflecting a significant increase in losses[22] - The basic earnings per share for Q1 2022 were -0.25, compared to -0.06 in Q1 2021, indicating a deterioration in earnings performance[22] Cash Flow and Financing Activities - The net cash flow from operating activities was -¥99,998,244.39, a decline of 138.72% compared to -¥41,888,678.30 in the previous year[4] - The company issued convertible bonds, resulting in cash inflow from financing activities of ¥235,965,311.33, a significant increase of 6870.91% from ¥3,385,000.00 in the previous year[8] - The company experienced a 100% increase in cash received from borrowings, totaling ¥229,936,763.90, as a result of issuing convertible bonds[8] - The company reported a net cash increase of ¥95,359,894.83, a 153.65% increase due to funds raised from convertible bonds[9] - The cash inflow from operating activities amounted to $290,898,756.38, an increase of 8.4% compared to $269,206,221.59 in the previous period[24] - The net cash outflow from operating activities was $99,998,244.39, worsening from a net outflow of $41,888,678.30 in the prior period[24] - Cash inflow from financing activities reached $235,965,311.33, significantly higher than $3,385,000.00 in the previous period[25] - The net cash inflow from financing activities was $226,070,669.02, a turnaround from a net outflow of $47,966,384.57 in the prior period[25] - The net increase in cash and cash equivalents was $95,359,894.83, compared to a decrease of $177,741,489.66 in the previous period[25] - The ending balance of cash and cash equivalents was $449,800,668.38, up from $175,668,874.75 in the prior period[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,777,580,907.30, a growth of 5.48% from ¥1,685,184,773.70 at the end of the previous year[4] - The total liabilities increased to CNY 998,433,955.64 in Q1 2022, up from CNY 896,685,667.50 in Q1 2021, indicating a rise in financial obligations[20] - The equity attributable to shareholders of the parent company decreased to CNY 780,583,315.38 in Q1 2022 from CNY 789,968,377.66 in Q1 2021[20] - The company issued convertible bonds, resulting in non-current liabilities increasing by 368.26% to ¥294,714,363.17[9] - The company holds ¥25,000,000.00 in trading financial assets, a 100% increase as it purchased bank wealth management products during the reporting period[9] Research and Development - Research and development expenses increased by 47.51% to ¥20,119,869.79, up from ¥13,639,726.64, indicating a significant investment in R&D[7] - Research and development expenses rose to CNY 20,119,869.79 in Q1 2022, a 47.5% increase from CNY 13,639,726.64 in the same period last year[21] Operating Costs and Income - The company reported a 33.51% increase in operating costs, amounting to ¥166,072,397.50, compared to ¥124,388,112.62 in the same period last year[7] - The total operating costs for Q1 2022 were CNY 236,446,404.60, up 24.7% from CNY 189,588,571.53 in the previous year[21] - Other income increased by 112.53% to ¥5,329,590.74, compared to ¥2,507,666.59 in the previous year, primarily due to government subsidies[7] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 26,659, with the largest shareholder holding 22.25%[11] - The company acquired a 14.1104% stake in Shenzhen Ruiyun Technology Co., Ltd. after a financing round with a pre-money valuation of ¥3.2 billion[16] Credit and Impairment Losses - The company reported a significant increase in credit impairment losses, amounting to CNY 8,093,391.43 in Q1 2022, compared to CNY 3,109,680.63 in the previous year[21] Financial Challenges - The cash flow statement for Q1 2022 indicates ongoing financial challenges, with net cash flows from operating activities remaining a critical focus for future recovery strategies[23] - The net cash outflow from investment activities was $30,712,529.80, an improvement from a net outflow of $87,886,426.79 in the prior period[25]