HYNAR WATER(SZ:300961)2022-04-26 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 105,773,793.96, representing a 49.21% increase compared to CNY 70,890,935.98 in the same period last year[3]. - The net profit attributable to shareholders for Q1 2022 was CNY 6,155,195.44, up 52.87% from CNY 4,026,400.15 year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 5,357,612.39, an increase of 44.18% from CNY 3,715,926.17 in the previous year[3]. - Net profit for Q1 2022 reached CNY 6,587,351.77, compared to CNY 4,304,857.92 in the same period last year, reflecting an increase of approximately 53.1%[21]. - The company reported a basic and diluted earnings per share of CNY 0.03 for Q1 2022, unchanged from the previous period[21]. Assets and Liabilities - The company's total assets at the end of Q1 2022 were CNY 2,399,316,176.11, a decrease of 1.56% from CNY 2,437,281,175.67 at the end of the previous year[3]. - Current assets decreased to CNY 651,648,011.72 from CNY 735,924,748.09 at the beginning of the year, reflecting a decline of approximately 11.4%[15]. - The company's non-current assets totaled CNY 1,747,668,164.39, up from CNY 1,701,356,427.58, reflecting an increase of approximately 2.7%[16]. - The total liabilities decreased from CNY 1,378,498,182.78 in the previous period to CNY 1,334,513,413.49 in Q1 2022, a reduction of approximately 3.2%[20]. Cash Flow - The net cash flow from operating activities for Q1 2022 was negative CNY 91,099,589.06, a decline of 8.39% compared to negative CNY 84,045,665.02 in the previous year[3]. - Cash inflows from operating activities totaled CNY 65,849,823.49, down from CNY 172,597,939.44 in the previous period, a decrease of approximately 61.8%[24]. - Cash outflows from operating activities were CNY 156,949,412.55, compared to CNY 256,643,604.46 in the previous period, a decrease of about 38.9%[24]. - The net cash flow from investment activities was -17,488,924.03, indicating a decrease compared to the previous period[25]. - The net increase in cash and cash equivalents was -119,718,159.95, a significant decline from the previous period[25]. - The ending balance of cash and cash equivalents was 100,655,663.99, down from 220,373,823.94 at the beginning of the period[25]. Shareholder Information - The company had a total of 17,279 common shareholders at the end of the reporting period[8]. - The company reported a total of 9,014,000 shares held by the Shenzhen Small and Medium Enterprises Development Fund[9]. - The company has 24,700,000 shares under lock-up until March 30, 2024, as part of the initial public offering restrictions[10]. - The total number of shares held by major shareholders includes 19,166,231 shares by Tibet Haina Bochuang, also under lock-up until March 30, 2024[11]. - The company has released 17,783,120 shares from lock-up as of March 30, 2022, following the initial public offering[11]. Operational Insights - The company reported a significant increase in other income, which rose by 441.58% to CNY 2,319,675.16, primarily due to government subsidies related to daily activities[6]. - The company experienced a 70.23% increase in operating costs, amounting to CNY 66,618,257.87, in line with the rise in operating revenue[6]. - The company is focusing on enhancing its operational efficiency and exploring new market opportunities to drive growth[16]. - Future strategies include potential market expansion and investment in new technologies to improve service delivery[16]. Audit and Reporting - The company did not undergo an audit for the first quarter report[26]. - The report was released by the board of directors on April 27, 2022[27].