JSAC(SH:600389)2022-04-18 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥2,719,079,434.12, representing a year-on-year increase of 74.97%[6] - The net profit attributable to shareholders was ¥645,817,160.59, reflecting a significant increase of 452.22% compared to the same period last year[6] - The basic earnings per share for the period was ¥2.1745, which is an increase of 452.22% year-on-year[6] - The company reported a net profit of ¥2,214,769,792.11 for Q1 2022, compared to ¥1,568,952,631.52 in Q1 2021, marking a growth of 41.2%[27] - The net profit for the current period reached CNY 651,775,603.73, a significant increase compared to CNY 121,461,305.26 in the previous period, representing a growth of approximately 436%[30] - Operating profit surged to CNY 771,423,445.71, compared to CNY 144,606,751.85 in the same period last year, indicating a year-over-year increase of about 433%[30] - The total revenue from operating activities was CNY 2,180,216,077.52, compared to CNY 1,122,499,256.66 in the previous year, representing a growth of approximately 94%[37] - The total comprehensive income for the current period was CNY 651,792,919.22, compared to CNY 122,020,895.24 in the previous period, showing a growth of approximately 435%[33] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥6,238,741,384.76, a growth of 9.85% from the end of the previous year[8] - Current assets totaled ¥3,901,953,309.96 as of March 31, 2022, compared to ¥3,374,600,971.95 at the end of 2021, indicating an increase of 15.6%[21] - Non-current assets amounted to ¥2,336,788,074.80, slightly up from ¥2,304,842,538.84, showing a growth of 1.4%[25] - Total liabilities decreased to ¥3,183,843,200.65 from ¥3,277,655,341.73, a reduction of 2.9%[27] - Shareholders' equity rose to ¥3,054,898,184.11 from ¥2,401,788,169.06, reflecting an increase of 27.2%[27] Cash Flow - The net cash flow from operating activities was ¥348,590,406.32, with no year-on-year comparison available[6] - The cash flow from operating activities showed a net inflow of CNY 348,590,406.32, a turnaround from a net outflow of CNY -77,762,518.43 in the previous period[37] - Cash flow from financing activities totaled $5,822,068.68, compared to $310,165,694.90 in the previous period[39] - Net cash flow from financing activities was $20,461,158.32, a significant improvement from -$9,665,694.90 in the prior period[39] - The net decrease in cash and cash equivalents was -$27,548,495.01, compared to -$309,341,104.37 previously[39] - The ending balance of cash and cash equivalents stood at $1,069,685,675.28, significantly higher than $455,146,805.31 last period[39] Expenses - Total operating costs for Q1 2022 were ¥1,947,969,115.89, up from ¥1,422,334,942.80 in Q1 2021, reflecting a growth of 37.0%[29] - Research and development expenses increased to CNY 77,378,908.59, up from CNY 43,208,304.11, reflecting a growth of approximately 79%[30] - Sales expenses rose sharply to CNY 16,539,468.65, compared to CNY 5,844,361.80, marking an increase of about 183%[30] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,500[13] - The weighted average return on equity rose by 18.312 percentage points to 24.182%[6] Market Strategy - The increase in operating revenue was primarily driven by product price growth[10] - The company plans to continue expanding its market presence and investing in new product development to sustain growth[29] Other Financial Metrics - The company reported non-recurring gains and losses totaling ¥8,034,255.94 for the period[9] - The company reported investment income of CNY 17,773,489.11, up from CNY 11,077,694.52, indicating an increase of about 60%[30] - The company incurred a financial expense of CNY 6,777,646.93, compared to a financial income of CNY -54,126.95 in the previous period, indicating a significant shift in financial performance[30]