NNCC(SH:600435)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥575,408,816.34, representing a year-on-year increase of 31.48%[5] - The net profit attributable to shareholders was ¥35,340,482.79, showing a significant increase of 2,633.89% compared to the same period last year[5] - Basic and diluted earnings per share were both ¥0.0237, reflecting an increase of 2,627.50% year-on-year[5] - Total operating revenue for Q1 2022 reached RMB 575,408,816.34, a 31.5% increase from RMB 437,641,361.86 in Q1 2021[34] - Net profit for Q1 2022 was RMB 40,674,815.58, compared to RMB 6,382,813.26 in Q1 2021, representing a significant increase[34] - Earnings attributable to shareholders of the parent company in Q1 2022 were RMB 35,340,482.79, up from RMB 1,292,682.13 in Q1 2021[36] - Basic and diluted earnings per share for Q1 2022 were both RMB 0.0237, compared to RMB 0.00087 in Q1 2021[36] Cash Flow - The net cash flow from operating activities decreased by 28.75% to ¥402,708,677.01[5] - Cash inflow from operating activities in Q1 2022 was RMB 863,231,853.75, down from RMB 1,018,720,398.90 in Q1 2021[39] - The net cash flow from operating activities was $402,708,677.01, a decrease from $565,237,563.54 in the previous period, indicating a decline of approximately 29%[42] - The cash flow from operating activities totaled $460,523,176.74, slightly up from $453,482,835.36, marking a marginal increase of about 2%[42] - The company reported a total cash outflow from operating activities of $460,523,176.74, which is a key indicator of operational efficiency[42] Assets and Liabilities - The total assets at the end of the reporting period were ¥6,039,791,437.14, a decrease of 6.69% from the end of the previous year[7] - The company reported a total current asset of RMB 4,939,906,099.93 as of March 31, 2022, a decrease of 3.97% from RMB 5,144,494,814.98 at the end of 2021[21] - The total liabilities decreased to RMB 2,931,753,248.81 from RMB 3,362,797,843.76, reflecting a reduction of 12.8%[28] - Total liabilities as of the end of the reporting period were RMB 2,947,263,845.14, a decrease from RMB 3,378,711,641.43 in the previous year[30] - The company’s total non-current assets were RMB 1,099,885,337.21, a decrease of 17.2% from RMB 1,328,390,074.59[28] Shareholder Information - The company had a total of 129,117 common shareholders at the end of the reporting period[14] - The equity attributable to shareholders increased by 1.01% to ¥2,361,203,485.32 compared to the end of the previous year[7] - Total equity attributable to shareholders of the parent company was RMB 2,361,203,485.32, slightly up from RMB 2,337,591,106.38 year-over-year[30] Other Financial Metrics - Non-recurring gains and losses amounted to ¥23,250,118.08, primarily due to the disposal of a subsidiary[10] - The weighted average return on equity increased by 1.44 percentage points to 1.50%[5] - The company reported a net exchange gain of RMB 8,917,564.40 in Q1 2022, compared to no such gain in Q1 2021[34] - Research and development expenses for Q1 2022 totaled RMB 30,645,639.10, an increase from RMB 28,455,658.74 in Q1 2021[34] Inventory and Receivables - Accounts receivable decreased to RMB 1,590,190,693.72 from RMB 2,039,106,771.22, a decline of 21.96%[25] - The company’s inventory slightly increased to RMB 712,485,068.07 from RMB 705,735,751.85, showing a marginal growth of 0.21%[25] - The company’s other receivables increased to RMB 111,654,867.36 from RMB 7,748,648.14, a substantial increase of 1343.5%[25]