DETC(SH:600081)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥1,928,350,370.81, representing a decrease of 2.26% compared to the same period last year[6] - The net profit attributable to shareholders was ¥47,847,645.31, down 2.59% year-on-year[6] - The net profit after deducting non-recurring gains and losses was ¥40,090,985.34, a decline of 12.88%[6] - Basic earnings per share decreased by 35.07% to ¥0.1017[6] - Total operating revenue for Q1 2022 was ¥1,928,350,370.81, a decrease of 2.25% from ¥1,972,883,631.79 in Q1 2021[28] - Total operating costs for Q1 2022 were ¥1,849,467,858.49, down 2.59% from ¥1,898,900,108.78 in Q1 2021[28] - Net profit for Q1 2022 reached ¥91,615,210.12, an increase of 6.83% compared to ¥85,675,238.52 in Q1 2021[32] - The total comprehensive income for Q1 2022 was ¥91,224,859.36, compared to ¥85,903,544.75 in Q1 2021, indicating a growth of 6.67%[32] - The diluted earnings per share for Q1 2022 was CNY 0.1017, down from CNY 0.1567 in Q1 2021[34] - The company reported a profit before tax of ¥111,912,471.74, compared to ¥99,894,001.91 in the previous year[32] Cash Flow - The net cash flow from operating activities surged by 4,626.38%, amounting to ¥123,645,049.92[6] - Cash inflow from operating activities totaled CNY 2,139,721,876.13, an increase of 19.5% compared to CNY 1,790,503,609.02 in Q1 2021[34] - Net cash flow from operating activities was CNY 123,645,049.92, significantly higher than CNY 2,616,061.42 in the previous year[34] - Cash outflow for investing activities was CNY 130,319,939.16, compared to CNY 36,442,768.69 in Q1 2021, resulting in a net cash flow from investing activities of -CNY 100,319,103.50[36] - Cash inflow from financing activities was CNY 176,981,200.00, up from CNY 51,762,737.10 in Q1 2021[36] - The company reported a net increase in cash and cash equivalents of CNY 157,676,356.06, compared to a decrease of CNY 11,716,471.58 in Q1 2021[36] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,486,222,339.86, a decrease of 0.69% from the end of the previous year[9] - Total liabilities as of March 31, 2022, were RMB 5.08 billion, a decrease from RMB 5.24 billion, reflecting a reduction of about 3.1%[23] - The company's total assets decreased to RMB 9.49 billion from RMB 9.55 billion, indicating a decline of about 0.7%[23] - The total liabilities as of the reporting date were ¥5,349,137,779.11, a decrease from ¥5,505,452,586.41 in the previous period[25] - The company's total liabilities and equity decreased to CNY 3,269,130,740.55 from CNY 3,415,626,561.89, a reduction of about 4.3%[45] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 26,409[14] - Total equity attributable to shareholders of the parent company was ¥3,185,007,647.96, up from ¥3,137,355,178.03 in the previous period[25] - The company's total equity increased slightly to CNY 2,699,594,602.28 from CNY 2,697,553,981.61, showing a marginal growth of about 0.04%[45] Research and Development - Research and development expenses for Q1 2022 amounted to ¥65,533,175.06, an increase of 15.5% from ¥57,032,861.69 in Q1 2021[28] - Research and development expenses for Q1 2022 were CNY 3,856,462.10, down from CNY 8,979,846.79 in Q1 2021, indicating a reduction of about 57%[45] Other Information - The company has not disclosed any significant new strategies or product developments during the reporting period[18] - The company experienced a 61.60% increase in contract liabilities, mainly from prepayments received for vehicle orders[12] - The company's cash and cash equivalents were reported at RMB 1.78 billion, down from RMB 1.84 billion, indicating a decrease of approximately 3.4%[20] - Accounts receivable increased to RMB 2.13 billion from RMB 1.93 billion, representing an increase of about 10.3%[20] - The company's inventory rose to RMB 556.22 million, up from RMB 423.81 million, marking an increase of approximately 31.2%[20] - Short-term borrowings increased significantly to RMB 388.50 million from RMB 273.90 million, representing an increase of approximately 42.0%[23] - The company reported a decrease in accounts payable from RMB 2.71 billion to RMB 2.54 billion, a reduction of approximately 6.1%[23] - Deferred income increased to ¥33,525,380.79 from ¥30,551,099.38, reflecting a growth of 6.45%[25]