Financial Performance - The company's revenue for Q1 2022 was ¥16,914,873.18, a decrease of 39.56% compared to ¥27,985,986.23 in the same period last year[4] - The net profit attributable to shareholders was -¥15,387,305.45, representing a decline of 176.21% from ¥20,191,373.80 in the previous year[4] - The net cash flow from operating activities was -¥32,548,692.76, a decrease of 593.96% compared to ¥6,589,329.96 in Q1 2021[4] - The basic earnings per share were -¥0.0795, down 165.22% from ¥0.1219 in the same period last year[4] - The net profit for the first quarter of 2022 was -15,387,305.45 CNY, compared to a net profit of 20,191,373.80 CNY in the same period last year, indicating a significant decline[22] - The operating profit for the first quarter was -18,183,487.59 CNY, down from 20,994,298.03 CNY year-over-year[22] - The company recorded a total comprehensive income of -15,387,305.45 CNY for the first quarter, compared to 20,191,373.80 CNY in the previous year[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥968,870,648.06, a decrease of 2.66% from ¥995,321,865.38 at the end of the previous year[4] - Total assets decreased to CNY 968,870,648.06 from CNY 995,321,865.38[19] - Total liabilities decreased to CNY 501,356,252.40 from CNY 512,638,871.86[19] Cash Flow and Investments - Cash and cash equivalents at the end of the period were CNY 218,624,078.47, down from CNY 272,793,935.75 at the beginning of the year[16] - Total cash and cash equivalents at the end of the period were 213,154,418.37 CNY, down from 267,324,744.42 CNY at the beginning of the period[26] - The company reported cash inflows from investment activities of 268,884,068.49 CNY, while cash outflows for investment activities totaled 287,072,427.13 CNY, resulting in a net cash outflow of -18,188,358.64 CNY[25] Operational Insights - The decline in revenue was attributed to project delivery delays caused by severe COVID-19 outbreaks in Suzhou and Shanghai at the beginning of 2022[9] - The company received government subsidies amounting to ¥1,781,828.95, primarily related to support funds[7] - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,765[10] Expenses - Total operating costs amounted to CNY 41,366,239.44, slightly down from CNY 43,846,868.68 year-over-year[19] - Research and development expenses increased to CNY 4,773,560.04, up from CNY 2,572,162.07, reflecting a focus on innovation[19] - The company paid 28,053,360.78 CNY in cash to employees during the quarter, compared to 22,107,744.79 CNY in the same period last year[25] Accounts Receivable and Inventory - Accounts receivable decreased slightly to CNY 318,455,408.97 from CNY 322,180,973.39[17] - Inventory increased to CNY 97,560,481.29, up from CNY 85,430,111.05, indicating potential stockpiling[17] Financial Reporting - The company did not conduct any audited financial reporting for the first quarter[27]
熙菱信息(300588) - 2022 Q1 - 季度财报