CFMOTO(SH:603129)2022-04-14 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥2,261,856,765.39, representing a year-on-year increase of 44.93%[6] - The net profit attributable to shareholders was ¥105,380,048.19, reflecting a growth of 10.22% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 3.37% to ¥85,764,386.53[6] - Basic and diluted earnings per share were both ¥0.70, down by 2.78% compared to the previous year[9] - The weighted average return on equity was 2.87%, a decrease of 3.3 percentage points from the previous year[9] - Total revenue for Q1 2022 reached ¥2,261,856,765.39, a 45% increase from ¥1,560,621,804.65 in Q1 2021[32] - Net profit for Q1 2022 was ¥107,133,797.81, compared to ¥92,057,388.45 in Q1 2021, indicating a growth of approximately 16%[32] - The total comprehensive income attributable to the parent company for Q1 2022 was CNY 66,038,684.99, a decrease of 33.4% compared to CNY 99,863,479.14 in Q1 2021[34] - The basic and diluted earnings per share for Q1 2022 were both CNY 0.70, down from CNY 0.72 in Q1 2021[34] - The net profit for Q1 2022 was approximately ¥62.88 million, compared to ¥73.85 million in Q1 2021, reflecting a decrease of 14.1%[48] - The company's total equity increased to approximately ¥3.52 billion in Q1 2022 from ¥3.43 billion in Q1 2021, marking a growth of 2.75%[46] Cash Flow and Investments - The net cash flow from operating activities was negative at ¥77,405,234.65, a decline of 170.68% year-on-year[6] - The net cash flow from operating activities for Q1 2022 was negative CNY 77,405,234.65, compared to a positive CNY 109,512,292.08 in Q1 2021, indicating a significant decline[37] - Cash received from the sale of goods and services in Q1 2022 was CNY 2,155,190,017.93, an increase of 50.3% from CNY 1,434,308,676.16 in Q1 2021[34] - The total operating cash outflow for Q1 2022 was CNY 2,434,874,380.98, compared to CNY 1,445,486,784.79 in Q1 2021, indicating increased operational costs[37] - The net cash flow from investing activities for Q1 2022 was negative CNY 361,093,019.03, compared to a positive CNY 416,385,893.79 in Q1 2021, reflecting a shift in investment strategy[37] - The cash inflow from investment activities in Q1 2022 was CNY 306,161,114.46, a decrease from CNY 507,530,090.31 in Q1 2021[37] - The total cash and cash equivalents at the end of Q1 2022 were CNY 1,887,539,945.38, a decrease from CNY 2,320,404,928.11 at the beginning of the period[37] - The company's cash flow from operating activities showed a net outflow of approximately ¥13.70 million in Q1 2022, compared to a net inflow of ¥100.15 million in Q1 2021[49] Assets and Liabilities - Total assets at the end of the reporting period were ¥8,187,005,613.03, an increase of 2.71% from the end of the previous year[9] - The company's total assets rose to ¥8,187,005,613.03, compared to ¥7,970,763,383.71 in the previous year, marking an increase of about 2.7%[28] - Total liabilities increased to ¥4,419,249,460.33 from ¥4,291,137,768.11, reflecting a rise of approximately 3%[28] - The total liabilities rose to approximately ¥3.82 billion in Q1 2022, up from ¥3.78 billion in Q1 2021, indicating an increase of 1.1%[46] - The company's total non-current assets increased to ¥1,539,939,147.74 from ¥1,491,246,490.57, reflecting ongoing investments in long-term growth[28] - The company's fixed assets totaled ¥426,895,949.02, a minor decrease from ¥431,542,484.58, reflecting a decline of approximately 1.1%[23] Research and Development - The company's R&D expenses increased by 65.68%, indicating a significant investment in new projects[12] - Research and development expenses increased to ¥112,977,881.31 in Q1 2022 from ¥68,189,747.46 in Q1 2021, highlighting a focus on innovation[32] - Research and development expenses for Q1 2022 were approximately ¥109.71 million, a significant increase of 71% from ¥64.16 million in Q1 2021[46] Shareholder Information - Total number of common shareholders at the end of the reporting period was 9,538[16] - The top shareholder, Chunfeng Holdings Group Co., Ltd., holds 29.99% of shares, while Chongqing Chunfeng Investment Co., Ltd. holds 8.41%[16] Other Information - The company has not disclosed any new product or technology developments in the current report[20] - There are no significant mergers or acquisitions reported during the period[20] - The company’s total liabilities and shareholders' equity were not specified in the provided data, indicating a need for further details in future reports[20] - The company has adopted new accounting standards starting from 2022, which may affect financial reporting[50]