002464SZSE

2022 First Quarter Report

Zhongying Technology Co., Ltd.··11 pages

✨ AI Summary

The report presents the financial performance of Zhongying Huilian Technology Co., Ltd. for Q1 2022. Key figures include a 25.59% decrease in revenue to ¥49.09 million and a net profit of ¥5.31 million, a significant recovery from a loss in the previous year. The report highlights a 70.50% decline in cash flow from operating activities, indicating challenges in cash management. The company has not undergone an audit for this quarter's report.

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Zhongying Huilian Technology Co., Ltd. 2022 First Quarter Report

Securities Code: 002464
Securities Abbreviation: *ST Zhongying
Announcement No.: 2022-054

Zhongying Huilian Technology Co., Ltd. 2022 First Quarter Report

The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Important Content Reminder:

  1. The board of directors, the supervisory board, and the directors, supervisors, and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report, with no false records, misleading statements, or significant omissions, and bear individual and joint legal responsibility.
  2. The person in charge of the company, the person in charge of accounting work, and the head of the accounting institution (accounting supervisor) declare: guarantee the truthfulness, accuracy, and completeness of the financial information in the quarterly report.
  3. Has the quarterly report been audited? □ Yes √ No

I. Main Financial Data

(1) Main Accounting Data and Financial Indicators

Does the company need to retrospectively adjust or restate previous year's accounting data? □ Yes √ No

ItemCurrent PeriodSame Period Last YearChange (%)
Operating Revenue (¥)49,092,460.5265,979,366.05-25.59%
Net Profit Attributable to Shareholders of the Listed Company (¥)5,311,336.11-59,480,016.03108.93%
Net Profit Attributable to Shareholders of the Listed Company after Deducting Non-Recurring Gains and Losses (¥)5,118,682.07-59,698,428.98108.57%
Net Cash Flow from Operating Activities (¥)9,868,773.8433,450,236.28-70.50%
Basic Earnings per Share (¥/share)0.01-0.11109.09%
Diluted Earnings per Share (¥/share)0.01-0.11109.09%
Weighted Average Return on Net Assets17.56%N/AN/A
ItemEnd of Current PeriodEnd of Last YearChange (%)
Total Assets (¥)1,410,621,538.181,339,765,127.945.29%
Total Equity Attributable to Shareholders of the Listed Company (¥)26,988,606.5327,597,045.15-2.20%

(2) Non-Recurring Gains and Losses Items and Amounts

√ Applicable □ Not Applicable
Unit: ¥

ItemAmount for Current PeriodExplanation
Government Subsidies Included in Current Profit and Loss (excluding those closely related to the company's normal business operations)256,558.39-
Less: Income Tax Impact63,904.35-
Total192,654.04-

Other specific situations that meet the definition of non-recurring gains and losses: □ Applicable √ Not Applicable
The company has no other specific situations that meet the definition of non-recurring gains and losses.

(3) Changes and Reasons for Main Accounting Data and Financial Indicators

√ Applicable □ Not Applicable

  1. Balance Sheet Items
    Unit: ¥
Report ItemMarch 31, 2022December 31, 2021Change Ratio (%)Reason
Prepayments1,888,025.41107,530.621655.80%Mainly due to the impact of prepaid intermediary fees
Other Receivables127,411,350.3465,654,888.0794.06%Mainly due to the impact of guarantee payments made this period
Inventory127,057.9427,731.39358.17%Mainly due to the increase in inventory for cross-border e-commerce business
Other Current Assets648,185.631,194,087.19-45.72%Mainly due to the decrease in payments to sellers using USDT
Payable Employee Compensation3,275,834.001,608,098.23103.71%Mainly due to changes in employee compensation payable this period
Taxes Payable276,608.18128,952.97114.50%Mainly due to changes in personal income tax payable this period
Interest Payable82,514,809.7114,760,547.95459.02%Mainly due to the interest accrued on financing this period

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