WHEE(SH:600475)2022-04-18 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥1,968,751,345.15, representing a 12.42% increase compared to ¥1,701,670,754.77 in the same period last year[6]. - The net profit attributable to shareholders was ¥207,238,462.54, showing a slight increase of 0.24% from ¥202,867,445.95 in the previous year[6]. - The company's operating profit for Q1 2022 was approximately ¥300.34 million, an increase of 21.2% compared to ¥247.74 million in Q1 2021[30]. - The total profit for Q1 2022 was ¥155,546,920.10, a decrease of 5.83% from ¥164,060,181.71 in Q1 2021[48]. - The total comprehensive income for the period was approximately ¥252.84 million, compared to ¥222.11 million in the same quarter last year, an increase of 13.9%[33]. - The net profit for Q1 2022 was ¥147,369,667.79, down 8.19% from ¥160,570,104.62 in Q1 2021[50]. - The basic earnings per share rose to ¥0.3020, up 3.20% from ¥0.2871 in the previous year[8]. - The diluted earnings per share increased to ¥0.2918, reflecting a 0.54% rise from ¥0.2847 in the same period last year[8]. Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to ¥41,587,349.99, a 339.34% increase from a negative cash flow of ¥8,691,108.98 in the same period last year[6]. - The net cash flow from operating activities was $41,587,349.99, a significant increase from $9,465,874.57 in the previous period, indicating improved operational efficiency[37]. - The company's cash and cash equivalents decreased to ¥2,024,704,851.13 from ¥2,201,693,839.77, a decline of 8.04%[22]. - The company's cash and cash equivalents at the end of the period were $1,709,470,769.79, down from $1,915,575,637.02, indicating a decline in liquidity[37]. - The net cash flow from financing activities was ¥149,562,295.14, compared to ¥941,379,352.15 in Q1 2021[53]. Assets and Liabilities - Total assets at the end of the reporting period were ¥19,641,768,813.61, a slight decrease of 0.03% from ¥19,648,199,765.97 at the end of the previous year[8]. - Total liabilities decreased to ¥10,890,973,705.89 from ¥11,155,270,950.22, a decline of 2.37%[27]. - The total assets decreased to $11,021,642,172.00 from $11,278,437,727.47, indicating a contraction in the asset base[44]. - The total liabilities decreased to $4,087,628,278.00 from $4,495,630,782.40, showing a reduction in financial obligations[44]. Shareholder Equity - The equity attributable to shareholders increased to ¥7,479,641,765.05, marking a 2.92% rise from ¥7,267,288,979.00 at the end of the previous year[8]. - Shareholders' equity increased to ¥8,750,795,107.72 from ¥8,492,928,815.75, reflecting a growth of 3.04%[27]. - The total equity increased to $6,934,013,894.00 from $6,782,806,945.07, indicating growth in shareholder value[46]. Operational Efficiency - The company reported a net profit margin improvement, with net income figures to be detailed in future reports[28]. - The company experienced a significant reduction in credit impairment losses, which decreased to ¥1.06 million from ¥41.10 million, a decline of 97.4%[30]. - The company's retained earnings increased to $2,116,194,157.87 from $1,968,824,490.08, reflecting positive profit retention[46]. Research and Development - Research and development expenses increased to ¥60.65 million, up from ¥55.16 million, indicating a growth of 10.0% year-over-year[30]. - The company's R&D expenses in Q1 2022 were ¥22,890,563.16, a slight decrease of 5.93% from ¥24,326,093.29 in Q1 2021[48]. Future Outlook - Future outlook includes plans for market expansion and potential new product launches, although specific details were not disclosed in the current report[28].