sntonly(BJ:834599)2022-04-26 16:00Financial Performance - Operating revenue for Q1 2022 was ¥1,316,440,543.43, representing a growth of 67.72% year-on-year[16] - Net profit attributable to shareholders for Q1 2022 was ¥130,935,202.48, up 79.53% from the same period last year[16] - Basic earnings per share for Q1 2022 increased to ¥0.2893, reflecting an 80.46% rise year-on-year[16] - Total revenue for Q1 2022 reached ¥1,316,440,543.43, a significant increase of 67.6% compared to ¥784,918,352.20 in Q1 2021[51] - Net profit for Q1 2022 was ¥129,265,762.14, representing a 74.7% increase from ¥73,996,885.47 in Q1 2021[52] - The total profit for Q1 2022 was ¥151,204,322.25, up from ¥88,533,431.97 in Q1 2021, marking an increase of 70.7%[52] - The total comprehensive income for Q1 2022 was ¥129,265,762.14, compared to ¥73,996,885.47 in Q1 2021, an increase of 74.7%[53] Assets and Liabilities - Total assets as of March 31, 2022, reached ¥5,568,094,851.79, an increase of 16.25% compared to the end of the previous year[14] - The company's asset-liability ratio (consolidated) as of March 31, 2022, was 65.44%, up from 62.55% at the end of the previous year[14] - Total liabilities amounted to ¥3,643,517,490.10, up 21.5% from ¥2,996,034,759.61[46] - Current liabilities rose to ¥3,400,383,762.06, a 22.1% increase from ¥2,785,205,816.56[46] - Shareholders' equity increased to ¥1,924,577,361.69, a rise of 7.3% from ¥1,793,815,455.33[46] Cash Flow - The net cash flow from operating activities for Q1 2022 was -¥89,576,365.92, a decline of 270.17% compared to the previous year[17] - Operating cash inflow for Q1 2022 was CNY 486,762,591.31, a 32.8% increase from CNY 366,325,813.39 in Q1 2021[58] - Net cash flow from operating activities for Q1 2022 was -CNY 89,576,365.92, compared to CNY 52,639,355.74 in Q1 2021, indicating a significant decline[58] - Cash outflow from investing activities in Q1 2022 was CNY 40,359,214.52, up from CNY 22,104,959.55 in Q1 2021, reflecting increased investment[59] - Net cash flow from financing activities for Q1 2022 was -CNY 16,509,364.24, a decrease from CNY 478,704,236.95 in Q1 2021, showing reduced financing[59] Shareholder Information - The total registered capital of the company is ¥4,525,250,000[12] - The company reported a total of 339,730,359 shares held by the top ten shareholders, representing 75.07% of total shares[23] - Shareholder Ye Lei holds 80,966,629 shares, accounting for 17.89% of total shares[22] - Shareholder Hua Yueji holds 76,941,479 shares, representing 17.00% of total shares[22] - Shareholder Xu Yanan holds 59,704,293 shares, which is 13.19% of total shares[23] Operational Highlights - The increase in operating revenue was driven by strong domestic sales and continued growth in overseas markets despite pandemic impacts[16] - The company managed to control the growth of sales and management expenses, which grew at a rate lower than that of revenue[16] - Research and development expenses increased to ¥7,629,504.73 in Q1 2022, up from ¥5,867,686.79 in Q1 2021, reflecting a growth of 29.9%[52] Guarantees and Commitments - The company has a total guarantee amount of 30,519.08 million yuan for financing leasing business in the first quarter of 2022[30] - The ending guarantee balance as of March 31, 2022, is 92,293.61 million yuan, which includes a cumulative balance from previous periods[31] - The company provided a guarantee of 50 million yuan for its subsidiary Xi'an Tongli to apply for credit risk note pool financing[31] - The company has fulfilled its commitments regarding asset pledges and other obligations in a timely manner[28] Compliance and Legal Matters - There were no significant litigation or arbitration matters during the reporting period[29] - The company has no other related party transactions among the top ten shareholders[25] - There were no violations of commitments by the parties involved during the reporting period[38] - The company has committed to maintaining the authenticity and accuracy of its public offering documents, with all major shareholders and executives assuming legal responsibility[37] Inventory and Receivables - Accounts receivable rose significantly from ¥886.96 million in 2021 to ¥1.27 billion, marking an increase of about 43.5%[44] - Inventory increased from ¥652.88 million to ¥808.72 million, representing a growth of approximately 24%[44] - Inventory levels increased to ¥777,283,959.11, up 24.4% from ¥625,255,142.82[48] - Accounts receivable rose to ¥1,261,423,142.56, a significant increase from ¥860,469,578.41[47] Stock and Buyback Plans - Major shareholders have pledged not to transfer or manage their shares for 36 months following the company's listing on the selected tier[33] - The company has established a buyback plan if its stock price falls below the issuance price for 20 consecutive trading days, with a maximum buyback amount not exceeding 20% of the previous year's net profit[35]