Financial Performance - The company's revenue for Q1 2022 was CNY 3,393,878,871.35, representing an increase of 8.27% compared to CNY 3,134,542,475.70 in the same period last year[3] - Net profit attributable to shareholders was CNY 332,391,981.49, a slight increase of 0.67% from CNY 330,189,790.84 year-on-year[3] - Total operating revenue for Q1 2022 was CNY 3,393,878,871.35, an increase of 8.3% compared to CNY 3,134,542,475.70 in Q1 2021[14] - Net profit attributable to shareholders of the parent company for Q1 2022 was CNY 332,391,981.49, slightly up from CNY 330,189,790.84 in Q1 2021[15] - The total comprehensive income for the first quarter was CNY 350,582,145.24, compared to CNY 417,888,684.84 in the previous year, reflecting a decrease of approximately 16.1%[16] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -686,213,951.88, a significant decline of 3,358.46% compared to CNY 21,059,440.60 in the previous year[3] - Cash inflow from operating activities totaled CNY 2,925,297,477.95, down from CNY 3,343,179,354.75 year-over-year, indicating a decrease of about 12.5%[18] - Cash and cash equivalents at the end of the period increased to CNY 5,687,085,146.73 from CNY 2,723,539,801.56, marking a significant increase of approximately 109.5%[19] - The net cash flow from financing activities was CNY 3,649,760,636.14, a substantial increase compared to CNY 111,358,517.24 in the previous year[19] - The company received CNY 3,375,498,722.05 from investment activities, a notable increase from CNY 1,217,693.05 in the same period last year[19] - The cash outflow for investment activities was CNY 377,799,765.38, significantly lower than CNY 1,506,288,164.50 in the previous year, indicating a decrease of approximately 75.1%[18] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 30,369,033,718.40, an increase of 11.73% from CNY 27,180,559,670.74 at the end of the previous year[3] - The total liabilities decreased to CNY 14,845,086,135.72 from CNY 15,124,111,027.91, indicating a reduction of 1.8%[13] - Non-current assets totaled CNY 8,409,054,622.30, up from CNY 8,266,476,433.85, marking an increase of 1.7%[12] - The total current assets reached approximately RMB 21.96 billion, up from RMB 18.91 billion, marking an increase of about 16.4%[11] Shareholder Information - Shareholders' equity attributable to the parent company increased by 23.06% to CNY 14,299,823,850.65 from CNY 11,619,844,580.90[3] - The total number of common shareholders at the end of the reporting period is 88,284, with the largest shareholder, Hong Kong Central Clearing Limited, holding 17.60% of shares, equating to 185,129,220 shares[7] - The top ten shareholders collectively hold a significant portion of the company's shares, with the second-largest shareholder, Dazhu Holdings Group, owning 15.38% or 161,773,306 shares[7] Operational Metrics - The basic earnings per share for the period was CNY 0.32, up 3.23% from CNY 0.31 in the same period last year[3] - The weighted average return on equity decreased to 2.67% from 3.31% year-on-year, reflecting a decline of 0.64%[3] - Research and development expenses increased to CNY 320,700,722.35 in Q1 2022, compared to CNY 258,302,380.63 in Q1 2021, reflecting a growth of 24.1%[15] Inventory and Receivables - Accounts receivable rose to approximately RMB 6.06 billion, up from RMB 5.89 billion, indicating an increase of about 3.8%[11] - Inventory levels increased to approximately RMB 5.22 billion from RMB 5.02 billion, reflecting a growth of about 4.2%[11] - The company reported a total of RMB 650.85 million in accounts receivable financing, an increase from RMB 605.08 million, showing a growth of about 7.5%[11] Subsidiary Information - The company holds a 84.73% stake in its subsidiary, Dazhu CNC Technology Co., Ltd., which was listed on the Shenzhen Stock Exchange on February 28, 2022[9] - The company plans to spin off its subsidiary, Dazhu Testing Technology Co., Ltd., for a listing on the Shenzhen Stock Exchange, pending regulatory approval[9] Other Financial Metrics - The company reported a financial expense of CNY 50,575,955.68 in Q1 2022, compared to a financial income of CNY 111,935.43 in Q1 2021[15] - The company received tax refunds amounting to CNY 102,983,032.88, compared to CNY 26,034,487.78 in the previous year, showing an increase of approximately 295.5%[18]