JOVE(300814)2022-04-27 16:00Financial Performance - The company's revenue for Q1 2022 was CNY 373,544,047.36, representing a 39.36% increase compared to CNY 268,042,539.51 in the same period last year[3] - Net profit attributable to shareholders was CNY 20,442,485.54, up 12.55% from CNY 18,163,730.01 year-on-year[3] - Total operating revenue for Q1 2022 reached CNY 373,544,047.36, an increase of 39.4% compared to CNY 268,042,539.51 in Q1 2021[22] - Net profit for Q1 2022 was CNY 20,442,485.54, representing a 12.6% increase from CNY 18,163,730.01 in Q1 2021[23] - Basic earnings per share decreased by 14.29% to CNY 0.12, down from CNY 0.14 in the same period last year[3] - Basic earnings per share for Q1 2022 were CNY 0.12, down from CNY 0.14 in the previous year[24] Cash Flow - The net cash flow from operating activities increased by 54.18% to CNY 86,637,162.97, compared to CNY 56,191,456.55 in the previous year[3] - The cash flow from operating activities was CNY 361,201,177.60, compared to CNY 344,756,229.54 in Q1 2021[26] - The net cash flow from operating activities for Q1 2022 was ¥86,637,162.97, an increase from ¥56,191,456.55 in Q1 2021, representing a growth of approximately 54%[27] - The company reported a cash inflow of ¥361,555,199.86 from operating activities, up from ¥345,520,435.33 in the previous year, marking an increase of about 4.5%[27] - Cash outflow for operating activities totaled ¥274,918,036.89, slightly down from ¥289,328,978.78 in the same period last year[27] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,911,049,158.43, a 4.88% increase from CNY 1,822,165,921.68 at the end of the previous year[3] - The company's total assets increased to CNY 1,911,049,158.43, up from CNY 1,822,165,921.68 year-over-year[20] - Total liabilities rose to CNY 836,022,472.65, compared to CNY 767,233,175.72 in the previous year[20] - The total current assets as of March 31, 2022, amounted to CNY 1,365,207,245.93, an increase from CNY 1,317,724,754.97 at the beginning of the year, reflecting a growth of approximately 3.5%[18] - The total non-current assets reached CNY 545,841,912.50, up from CNY 504,441,166.71, marking an increase of approximately 8.2%[18] Investments - The company reported a significant increase in interest income by 269.98%, reaching CNY 490,962.04, compared to CNY 132,701.21 in the previous year[8] - Investment income surged by 557.85% to CNY 864,726.50, up from CNY 131,448.12 year-on-year, primarily due to increased returns from financial products[8] - The total long-term equity investments slightly increased to CNY 5,072,710.56 from CNY 5,064,533.18, indicating a marginal growth of about 0.2%[18] Shareholder Information - The company has a total of 134,101,301 restricted shares, with 2,265,301 shares released during the period, leaving 131,836,000 shares still restricted[15] - The company plans to lift restrictions on shares held by major shareholders on August 12, 2024, including 54,500,000 shares held by Zhongfu Electronics Limited[15] Operating Costs and Expenses - Total operating costs for Q1 2022 were CNY 344,458,254.24, up 41.0% from CNY 244,394,147.69 in the same period last year[22] - The company reported a 94.39% decrease in non-operating expenses, amounting to CNY 11,879.12, down from CNY 211,720.70 in the previous year[9] - Research and development expenses for Q1 2022 amounted to CNY 17,661,134.87, slightly higher than CNY 16,720,616.13 in the same period last year[22] Other Financial Metrics - Other comprehensive income after tax was a loss of CNY 348,545.72, compared to a loss of CNY 1,243,693.66 in Q1 2021[24] - The company did not conduct an audit for the Q1 report[29] - The impact of exchange rate changes on cash and cash equivalents was a decrease of ¥356,095.47[28]