RNM(SH:600259)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was approximately ¥4.87 billion, representing a 75.42% increase compared to the same period last year[5]. - Net profit attributable to shareholders was approximately ¥81.44 million, marking a 94.67% increase year-over-year[5]. - The basic earnings per share for the period was ¥0.26, an increase of 85.71% compared to ¥0.13 in the previous year[7]. - Total revenue for Q1 2022 reached ¥4,866,885,507.33, a significant increase from ¥2,774,483,191.59 in Q1 2021, representing a growth of approximately 75.3%[31]. - Net profit for Q1 2022 was ¥83,536,323.25, up from ¥49,504,190.98 in Q1 2021, reflecting a growth of approximately 68.7%[35]. Assets and Liabilities - Total assets at the end of the reporting period reached approximately ¥7.02 billion, reflecting a 20.79% increase from the end of the previous year[7]. - The company's total assets increased to ¥7,021,132,059.50 in Q1 2022 from ¥5,812,489,458.69 in Q1 2021, marking a growth of about 20.8%[31]. - Total liabilities decreased to ¥3,582,155,931.58 in Q1 2022 from ¥3,844,934,261.71 in Q1 2021, a reduction of approximately 6.8%[31]. Shareholder Equity - The equity attributable to shareholders increased to approximately ¥3.29 billion, an 80.64% rise compared to the previous year[7]. - The company's equity attributable to shareholders rose to ¥3,291,123,807.78 in Q1 2022 from ¥1,821,889,028.75 in Q1 2021, an increase of about 80.7%[31]. Cash Flow - The company reported a net cash flow from operating activities of approximately -¥804.61 million, worsening from -¥486.14 million in the same period last year[7]. - Cash inflow from operating activities totaled CNY 5,191,744,557.99, significantly higher than CNY 2,899,464,918.10 in the previous year[41]. - Cash outflow from operating activities was CNY 5,996,350,832.08, compared to CNY 3,441,348,683.18 in the previous year, resulting in a net cash flow from operating activities of CNY -804,606,274.09[41]. - Cash inflow from financing activities amounted to CNY 1,693,818,962.85, up from CNY 732,586,419.56 in the previous year[43]. - The net cash flow from financing activities was CNY 1,241,990,402.42, compared to CNY 151,255,546.08 in the previous year[43]. Investment and Expenses - Research and development expenses increased by 121.63%, indicating a significant investment in new projects and technologies[14]. - Research and development expenses for Q1 2022 were ¥19,786,556.35, significantly higher than ¥8,927,620.87 in Q1 2021, representing an increase of approximately 121.0%[35]. - The company incurred CNY 54,921,493.45 in employee compensation, slightly up from CNY 51,665,896.44 in the previous year[41]. - The total cash outflow for investment activities was CNY 39,980,214.76, compared to CNY 39,636,166.04 in the previous year, resulting in a net cash flow from investment activities of CNY -39,189,951.12[41]. Acquisitions and Share Issuance - The company completed the acquisition of a 51% stake in Fuyile Company for ¥32.39 million, which was accounted for in the financial statements[9]. - The company issued new shares, resulting in a 22.81% increase in cash and cash equivalents due to funds received from the capital increase[14]. - The company successfully raised a total of RMB 1,396,081,181.89 through a private placement of 34,633,619 shares at a price of RMB 40.31 per share[22]. - The net proceeds from the private placement, after deducting related expenses, amounted to RMB 1,386,243,456.97[22]. Accounts Receivable and Inventory - The company expanded its business scale, leading to a 201.87% increase in accounts receivable due to higher sales volume[14]. - Accounts receivable increased significantly to RMB 338,236,136.14 from RMB 112,045,792.08, representing a growth of 201.5%[25]. - Inventory levels rose to RMB 2,178,514,583.81, compared to RMB 1,946,144,212.98, indicating an increase of 11.9%[25].