ELION(SH:600277)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥3,143,761,109.48, representing a year-on-year increase of 7.31%[5] - The net profit attributable to shareholders was ¥141,803,907.34, with a slight increase of 0.66% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥142,286,691.83, reflecting a year-on-year growth of 4.25%[5] - Net profit for Q1 2022 was ¥181,882,303.57, compared to ¥154,336,440.32 in Q1 2021, representing a growth of 17.9%[35] - Total revenue for Q1 2022 reached ¥3,143,761,109.48, an increase of 7.3% compared to ¥2,929,721,054.63 in Q1 2021[32] - Total operating costs for Q1 2022 were ¥3,065,891,391.79, up from ¥2,846,618,333.93 in Q1 2021, reflecting a year-over-year increase of 7.7%[32] - The total comprehensive income for the period was CNY 182,002,951.43, an increase from CNY 154,646,692.35 in the previous year[38] Cash Flow and Assets - The net cash flow from operating activities decreased significantly by 81.64%, amounting to ¥113,418,605.93[5] - Cash and cash equivalents at the end of the period amounted to CNY 5,639,337,595.25, down from CNY 7,959,714,814.28 at the end of the previous year[41] - The company's cash and cash equivalents were reported at RMB 5,835,805,503.57, down from RMB 6,536,143,688.17, indicating a decrease of about 10.74%[26] - The company's total current assets amounted to RMB 9,714,240,963.54, a decrease from RMB 10,084,805,366.15 as of December 31, 2021, reflecting a decline of approximately 3.67%[26] - The company's total assets decreased to ¥33,715,291,771.45 from ¥34,093,624,452.04, a decline of 1.1%[31] - Total liabilities decreased to ¥13,868,164,252.94 from ¥14,472,008,652.56, a reduction of 4.2%[31] - The company's total liabilities increased, reflecting a higher level of financing activities compared to the previous year[41] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 137,044, with the largest shareholder holding 37.98% of the shares[14] - The equity attributable to shareholders increased by 1.10% to ¥16,511,962,970.65 compared to the end of the previous year[7] - The total equity attributable to shareholders increased to ¥16,511,962,970.65 from ¥16,331,851,893.24, an increase of 1.1%[31] Investments and Expenses - Research and development expenses for Q1 2022 were ¥35,166,180.46, slightly up from ¥35,157,801.21 in Q1 2021[35] - The company achieved investment income of CNY 116,700,000.00 during the period, compared to no income reported in the previous year[41] - Long-term equity investments stood at RMB 6,649,701,123.37, showing an increase from RMB 6,590,843,214.68, which is an increase of approximately 0.89%[26] Management and Corporate Actions - The company appointed new management, including Mr. Xu Hui as a non-independent director and Ms. Hou Jinghui as the general manager[20] - The company completed the repurchase of bonds "20 Yili 01" amounting to RMB 371.726 million during the reporting period[22] - The company provided a guarantee for its wholly-owned subsidiary Gansu Yiheng for financing lease business, with the maximum principal amount guaranteed not exceeding RMB 2.4 billion[21] - The company has not made any adjustments to the coupon rate of its bonds, which remains at 7% for the next three years[22] Inventory and Receivables - Accounts receivable increased to RMB 943,636,330.88 from RMB 896,909,314.04, representing a growth of approximately 5.20%[26] - The company's inventory was reported at RMB 413,928,087.21, a slight decrease from RMB 439,966,207.30, reflecting a decline of about 5.91%[26]