GRIAM(SH:600206)2022-04-22 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥3,910,267,141.53, representing a year-on-year increase of 7.29%[6] - The net profit attributable to shareholders was ¥104,072,957.83, reflecting a significant increase of 69.19% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥99,421,761.90, which is an increase of 111.00% year-on-year[6] - The basic earnings per share for the period was ¥0.12, up by 71.43% from the previous year[6] - Net profit for Q1 2022 reached CNY 110,560,127.33, compared to CNY 63,088,427.82 in Q1 2021, representing a growth of 75.2%[36] - Total equity attributable to shareholders was CNY 3,526,849,704.74, up from CNY 3,408,493,630.66 in the same period last year, indicating a growth of 3.5%[33] - The total comprehensive income attributable to the parent company was CNY 104,072,957.83, an increase from CNY 61,512,691.32 in the previous year, representing a growth of approximately 69%[39] - Basic and diluted earnings per share increased to CNY 0.12 from CNY 0.07, reflecting a 71% increase year-over-year[39] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥5,187,081,639.42, a 5.89% increase from the end of the previous year[8] - The company's total current assets amount to 3,785,421,758.66 RMB, an increase from 3,526,032,662.50 RMB in the previous year[28] - The total assets of the company are 5,187,081,639.42 RMB, compared to 4,898,566,200.43 RMB in the previous year[28] - The company's total liabilities amounted to CNY 1,383,646,404.47, an increase from CNY 1,215,145,939.24 in the previous year[31] - The total amount of accounts payable increased to CNY 366,642,392.47 from CNY 306,828,382.41, reflecting a rise of 19.5%[31] Cash Flow - Cash flow from operating activities showed a net outflow of ¥825,904,496.71, which is not applicable for year-on-year comparison[6] - Net cash flow from operating activities was negative CNY 825,904,496.71, compared to negative CNY 781,533,652.66 in the same period last year[43] - Cash inflow from investment activities totaled CNY 4,512,308,660.11, up from CNY 3,337,244,072.08, indicating a growth of approximately 35%[43] - Cash outflow for investment activities was CNY 4,421,678,427.22, compared to CNY 3,224,697,313.31 in the previous year, marking an increase of about 37%[43] - Net cash flow from financing activities was CNY 250,703,644.79, significantly higher than CNY 126,631,845.09 in the prior year, showing an increase of approximately 97%[45] - The ending balance of cash and cash equivalents was CNY 792,041,832.27, compared to CNY 195,314,457.79 at the end of the previous year, indicating a substantial increase[45] - The company received CNY 403,332,418.35 in cash from borrowings, up from CNY 174,004,392.11 in the previous year, representing a growth of approximately 132%[45] - The company paid CNY 143,478,260.00 in cash for debt repayment, compared to CNY 41,690,762.11 in the previous year, reflecting an increase of about 244%[45] - The company reported a decrease in cash received from tax refunds to CNY 5,909,641.25 from CNY 9,892,422.25 in the previous year, a decline of approximately 40%[43] Shareholder Information - The total number of common shareholders at the end of the reporting period is 72,444[16] - The largest shareholder, Yuyuan Technology Group Co., Ltd., holds 280,098,368 shares, accounting for 33.09% of total shares[16] - The company has no known related party relationships among the top shareholders[22] Operational Metrics - The company reported a 182.75% increase in accounts receivable, attributed to increased operating revenue and outstanding payments[12] - Inventory levels rose by 39.72%, primarily due to increased raw material stockpiling[12] - The company experienced a 651.64% increase in credit impairment losses, indicating a rise in bad debt provisions[15] - Research and development expenses for Q1 2022 were CNY 37,004,003.59, compared to CNY 32,707,489.49 in Q1 2021, marking an increase of 13.9%[36] - Short-term borrowings have increased to 368,657,777.30 RMB from 112,960,760.00 RMB in the previous year[28] - The company reported cash and cash equivalents of 792,041,832.27 RMB, down from 1,275,519,423.83 RMB in the previous year[24] - The company's inventory stands at 1,404,432,725.98 RMB, up from 1,005,205,103.21 RMB in the previous year[28] - The total non-current assets amount to 1,401,659,880.76 RMB, an increase from 1,372,533,537.93 RMB in the previous year[28] - The company has a total of 166,141,600.00 RMB in trading financial assets, down from 289,613,989.80 RMB in the previous year[24] Future Outlook - Future outlook includes continued focus on market expansion and new product development, although specific figures were not disclosed in the provided data[36]