GINWA(SH:600080)2022-04-21 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥119,199,841.13, representing an increase of 11.61% compared to the same period last year[5] - The net profit attributable to shareholders for Q1 2022 was ¥9,280,142.36, reflecting a growth of 22.92% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥11,893,928.31, showing a significant increase of 142.05% compared to the previous year[5] - Total revenue for Q1 2022 reached ¥119,199,841.13, an increase of 11.3% compared to ¥106,800,468.41 in Q1 2021[20] - Operating profit for Q1 2022 was ¥10,554,347.18, a decrease of 9.3% from ¥11,634,905.16 in Q1 2021[21] - Net profit for Q1 2022 was ¥9,280,142.36, up 23.0% from ¥7,549,682.33 in Q1 2021[21] - The total comprehensive income for Q1 2022 was CNY 9,280,142.36, an increase from CNY 7,549,682.33 in Q1 2021, reflecting a growth of approximately 23%[22] - The basic earnings per share for Q1 2022 was CNY 0.0249, up from CNY 0.0236 in Q1 2021, marking an increase of about 5.5%[22] - The net profit for Q1 2022 reached CNY 15,885,298.87, a significant increase of 191.5% from CNY 5,449,467.42 in Q1 2021[31] Assets and Liabilities - Total assets at the end of Q1 2022 were ¥1,865,565,960.59, a slight decrease of 0.25% from the end of the previous year[6] - Total current assets decreased to ¥713,008,346.32 from ¥852,633,045.92 at the end of 2021, representing a decline of 16.4%[15] - Total non-current assets increased to ¥1,152,557,614.27 from ¥1,017,555,027.63, marking a growth of 13.2%[15] - Total liabilities decreased to ¥200,068,099.54 from ¥213,970,354.86, a reduction of 6.5%[16] - The total assets of the company as of March 31, 2022, were CNY 1,843,755,335.46, slightly up from CNY 1,843,031,565.31 at the end of 2021[28] - The total liabilities of the company decreased to CNY 179,530,793.43 as of March 31, 2022, down from CNY 194,692,322.15 at the end of 2021, reflecting a reduction of approximately 7.8%[28] Cash Flow - The net cash flow from operating activities for Q1 2022 was ¥13,070,625.82, with no applicable percentage change reported[5] - In Q1 2022, the company reported a net cash flow from operating activities of CNY 13,070,625.82, a significant improvement from a net outflow of CNY 37,984,546.27 in Q1 2021[25] - The cash flow from operating activities generated a net cash inflow of CNY 13,920,639.84, compared to a net outflow of CNY 35,939,908.41 in Q1 2021[34] - The company achieved a net cash flow from investment activities of CNY 62,615,259.10 in Q1 2022, compared to CNY 13,544,688.18 in Q1 2021, indicating a positive trend in investment returns[25] - The company reported a total cash inflow from investment activities of CNY 670,486,080.38 in Q1 2022, a significant increase from CNY 164,456,734.60 in Q1 2021[25] - The company’s cash flow from financing activities showed a net outflow of CNY 157,679.45 in Q1 2022, an improvement from a net outflow of CNY 812,500.00 in Q1 2021[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 21,803[9] - The top shareholder, Xing Boyue, held 17.30% of the shares, amounting to 64,566,652 shares[9] - The company's total equity attributable to shareholders was ¥1,665,497,861.05, which increased by 0.56% compared to the end of the previous year[6] - The total equity increased to CNY 1,664,224,542.03 from CNY 1,648,339,243.16, reflecting a growth in shareholder value[29] Research and Development - Research and development expenses for Q1 2022 were ¥1,632,054.20, down from ¥4,239,012.90 in Q1 2021, indicating a reduction of 61.5%[20] - Research and development expenses decreased to CNY 1,632,054.20 from CNY 4,239,012.90, indicating a strategic shift in R&D investment[30] Investment Income - The company reported a significant increase in investment income to ¥12,095,333.71 in Q1 2022, compared to ¥6,391,089.19 in Q1 2021[21] - The company reported a significant increase in investment income, totaling CNY 12,095,333.71, up from CNY 6,391,089.19 in the same period last year[30] Cash and Cash Equivalents - The company’s cash and cash equivalents increased to ¥191,330,886.39 from ¥160,802,837.08, reflecting a growth of 19.0%[14] - The company's cash and cash equivalents at the end of Q1 2022 stood at CNY 191,330,886.39, compared to CNY 344,701,160.17 at the end of Q1 2021, indicating a decrease of approximately 44.5%[26] - The company recorded a cash and cash equivalents balance of CNY 190,334,087.60 at the end of Q1 2022, compared to CNY 338,422,820.25 at the end of Q1 2021[34] Financial Expenses - The company’s financial expenses showed a significant reduction, with interest expenses at CNY 157,679.45 compared to CNY 812,500.00 in the previous year[30]