MCLON(SZ:300945)2022-04-28 16:00Financial Performance - The company's revenue for Q1 2022 was ¥335,539,728.24, a decrease of 6.62% compared to ¥359,338,798.06 in the same period last year[4] - Net profit attributable to shareholders was ¥20,585,034.76, down 11.96% from ¥23,381,564.63 year-on-year[4] - Total operating revenue for Q1 2022 was CNY 335,539,728.24, a decrease of 6.8% compared to CNY 359,338,798.06 in Q1 2021[22] - Net profit for Q1 2022 was CNY 20,585,034.76, a decline of 12.1% from CNY 23,381,564.63 in Q1 2021[23] - Basic and diluted earnings per share for Q1 2022 were both CNY 0.10, compared to CNY 0.11 in the same period last year[24] Cash Flow - The net cash flow from operating activities improved to -¥29,432,035.82, a 70.57% increase compared to -¥99,996,778.94 in the previous year[4] - Cash inflow from operating activities was CNY 347,434,094.13, an increase from CNY 279,078,674.65 in Q1 2021[26] - The net cash flow from operating activities was -29,432,035.82 CNY, an improvement from -99,996,778.94 CNY in the previous year[27] - The company reported a total cash outflow of 50,014,871.16 CNY for the quarter, contrasting with a cash inflow of 64,172,313.48 CNY in the same quarter last year[27] - The cash inflow from financing activities included 196,710,943.39 CNY from investment absorption, which was not present in the previous year[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥848,470,871.43, a slight decrease of 0.15% from ¥849,734,955.69 at the end of the previous year[4] - Current assets totaled CNY 739,680,679.60, showing a marginal increase from CNY 736,529,143.84 at the start of the year[19] - Total liabilities decreased to CNY 69,000,000.00 from CNY 70,000,000.00, reflecting a reduction of about 1.4%[19] - The total liabilities decreased to CNY 62,022,408.59 from CNY 87,317,512.68 year-over-year[22] - Total equity attributable to shareholders increased to CNY 786,448,462.84 from CNY 762,417,443.01 in the previous year[22] Expenses - Management expenses increased by 48.12% to ¥15,447,831.80 due to higher personnel costs and continued recognition of share-based payment expenses[9] - Financial expenses rose by 106.19% to ¥483,207.89, primarily due to a decrease in interest income[9] - Total operating costs for Q1 2022 were CNY 309,412,576.54, down 6.1% from CNY 329,399,743.28 in the previous year[22] - Tax expenses for Q1 2022 amounted to CNY 9,149,014.90, a decrease from CNY 22,984,147.05 in Q1 2021[26] - Research and development expenses were CNY 190,626.00, down from CNY 236,992.96 in the previous year[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 20,381[11] - The largest shareholder, Zhejiang Wanlong Mankalong Investment Co., Ltd., holds 48.67% of the shares, totaling 99,280,000 shares[12] - The number of shares held by the top ten unrestricted shareholders includes 2,665,600 shares held by Hangzhou Maika Enterprise Management Consulting Co., Ltd.[13] - The company reported a total of 153,000,000 shares with 35,298,737 shares under lock-up as of the latest report[16] - The company plans to lift restrictions on 99,280,000 shares on February 10, 2024, as part of its initial public offering[15] Investment Activities - The company reported a net cash outflow from investment activities of -¥18,761,118.27, a 105.90% increase compared to -¥9,111,850.97 in the previous year[10] - Total cash outflow from investing activities was 18,762,368.27 CNY, compared to 9,212,350.97 CNY in the same period last year[27] - The company experienced a net cash flow from investing activities of -18,761,118.27 CNY, worsening from -9,111,850.97 CNY year-over-year[27] Operational Challenges - The company’s cash flow from operating activities showed a significant negative trend, indicating potential challenges in operational efficiency[27] - The company has no significant new strategies or mergers and acquisitions reported in the current quarter[17]