QSZY(SH:600103)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥780,655,972.48, representing a year-on-year increase of 12.83%[4] - The net profit attributable to shareholders for the same period was ¥64,379,735.18, reflecting a growth of 6.21% compared to the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥51,788,634.11, which is an increase of 8.42% year-on-year[4] - The basic earnings per share for Q1 2022 was ¥0.0291, up by 9.81% year-on-year[4] - Total operating revenue for Q1 2022 was CNY 780,655,972.48, an increase of 12.84% compared to CNY 691,909,863.43 in Q1 2021[15] - Net profit for Q1 2022 reached CNY 69,278,456.47, compared to CNY 65,876,305.70 in Q1 2021, representing a growth of 6.06%[16] - Earnings per share for Q1 2022 were CNY 0.0291, an increase from CNY 0.0265 in Q1 2021[16] - The total profit for Q1 2022 was ¥78,267,050.53, an increase from ¥46,217,755.11 in Q1 2021[24] Cash Flow - The net cash flow from operating activities was ¥111,463,717.07, showing an increase of 11.63% compared to the same period last year[4] - The net cash flow from operating activities was CNY 111,463,717.07, up from CNY 99,851,602.25 in the same period last year, reflecting a growth of 1.6%[18] - In Q1 2022, the cash inflow from operating activities was CNY 633,533,434.29, an increase of 21.5% compared to CNY 521,311,143.13 in Q1 2021[18] - The cash inflow from financing activities was CNY 270,000,000.00, significantly higher than CNY 80,000,000.00 in Q1 2021, representing a 237.5% increase[19] - The net cash flow from financing activities was CNY 177,670,227.66, a recovery from -CNY 120,658,570.67 in the previous year[19] - The cash inflow from financing activities of ¥169,159,743.62, compared to a cash outflow of ¥103,085,805.88 in Q1 2021[26] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,644,400,233.13, an increase of 4.70% from the end of the previous year[4] - Total assets as of Q1 2022 amounted to CNY 5,644,400,233.13, compared to CNY 5,390,787,447.04 at the end of Q1 2021, indicating a growth of 4.70%[13] - Total liabilities for Q1 2022 were CNY 1,628,148,932.08, an increase from CNY 1,443,588,725.74 in Q1 2021, reflecting a rise of 12.79%[13] - The total liabilities increased to CNY 1,349,220,477.84 from CNY 1,211,994,009.33, indicating a rise of 11.3%[22] Shareholder Information - Total number of common shareholders at the end of the reporting period was 114,092[7] - The top 10 shareholders hold a total of 1,000,000,000 shares, representing approximately 43.27% of total shares[7] - The largest shareholder, Fujian Energy Group Co., Ltd., holds 220,338,982 shares, accounting for 9.56% of total shares[7] - The company's repurchase account holds 93,488,760 shares, representing 4.05% of total shares[7] Investments and Expenditures - The company plans to invest a total of RMB 115 million in the expansion of the seasoning production line through a joint venture with Fujian Salt Industry Group[8] - The company is investing RMB 49.3946 million in two fully automated multi-purpose composite material packaging production lines[9] - The company has signed a land use rights transfer contract for 23,600 square meters of land, with a sale price of RMB 5.7498 million[8] Research and Development - Research and development expenses for Q1 2022 were CNY 7,984,705.10, compared to CNY 6,330,659.20 in Q1 2021, showing an increase of 26.14%[15] - Research and development expenses increased significantly to ¥2,552,432.83, compared to ¥663,245.28 in the same period last year, reflecting a growth of 284.5%[24] Other Financial Metrics - The company reported a weighted average return on equity of 1.75%, an increase of 0.09 percentage points compared to the previous year[4] - Non-recurring gains and losses for the period totaled ¥12,591,101.07 after tax effects[5] - The company incurred financial expenses of ¥3,451,823.66, a decrease from ¥5,126,930.97 in the previous year[24] - The company achieved a gross profit margin of approximately 20.1% in Q1 2022, compared to 18.6% in Q1 2021[24]