HUAFANG COMPANY(SH:600448)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 829,365,101.08, representing a year-on-year increase of 0.68%[6] - The net profit attributable to shareholders of the listed company was CNY 1,526,877.16, a decrease of 67.57% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 264,927.75, down 93.57% year-on-year[6] - The basic earnings per share for the period was CNY 0.00, reflecting a 100% decrease year-on-year[6] - Net profit for Q1 2022 was CNY 1,769,315.12, down from CNY 5,020,731.28 in Q1 2021, reflecting a decrease of approximately 64.7%[19] - The net profit attributable to shareholders of the parent company for Q1 2022 was CNY 1,526,877.16, compared to CNY 4,708,580.50 in Q1 2021, a decline of about 67.6%[19] - The company’s net profit for Q1 2022 was not explicitly stated but can be inferred from the operating income and costs[27] - The company's net profit for Q1 2022 was CNY 2,840,001.56, a decrease of 42.3% compared to CNY 4,909,772.74 in Q1 2021[28] - Operating profit for Q1 2022 was CNY 3,389,544.20, down 41.1% from CNY 5,763,992.22 in the same period last year[28] - The total comprehensive income for Q1 2022 was CNY 2,840,001.56, down from CNY 4,909,772.74 in Q1 2021[29] Cash Flow - The net cash flow from operating activities was CNY 50,150,812.84, showing a significant increase of 2,758.99% compared to the previous year[6] - Net cash flow from operating activities for Q1 2022 was CNY 50,150,812.84, significantly up from CNY 1,754,142.57 in Q1 2021[22] - The company’s cash inflow from operating activities totaled CNY 1,039,389,710.29 in Q1 2022, compared to CNY 933,062,154.21 in Q1 2021[22] - The company reported a net cash outflow from investing activities of CNY 61,147,849.75 in Q1 2022, an improvement from CNY 134,892,791.61 in Q1 2021[22] - The net cash flow from financing activities for Q1 2022 was CNY 141,345,311.90, compared to a net outflow of CNY 20,024,263.32 in Q1 2021[22] - The company reported a significant increase in cash inflow from financing activities, totaling CNY 499,715,106.49 in Q1 2022, compared to CNY 270,749,475.76 in Q1 2021[30] Assets and Liabilities - The total assets at the end of the reporting period were CNY 4,044,133,065.62, an increase of 4.98% from the end of the previous year[9] - The total assets as of Q1 2022 amounted to CNY 4,044,133,065.62, an increase from CNY 3,852,319,568.04 in the previous year[15] - Total liabilities for Q1 2022 were CNY 2,685,183,286.82, up from CNY 2,495,139,104.36 in Q1 2021, representing an increase of approximately 7.6%[15] - Total current liabilities increased to CNY 2,246,016,253.44 from CNY 2,183,079,772.65 year-over-year[26] - The total non-current assets as of Q1 2022 were CNY 1,946,711,921.51, compared to CNY 1,906,444,397.47 in the previous year, indicating a growth of about 2.1%[15] Shareholder Information - The equity attributable to shareholders of the listed company was CNY 1,353,462,229.57, a slight increase of 0.11% compared to the end of the previous year[9] - The number of ordinary shareholders at the end of the reporting period was 36,873[9] Operating Costs and Expenses - Total operating costs for Q1 2022 were CNY 828,857,735.37, compared to CNY 820,666,868.71 in Q1 2021, indicating an increase of about 1.4%[18] - Research and development expenses for Q1 2022 were CNY 37,831,569.25, slightly higher than CNY 36,547,772.62 in Q1 2021, showing an increase of about 3.5%[18] - The company incurred financial expenses of CNY 12,824,674.80 in Q1 2022, up from CNY 9,648,620.13 in Q1 2021[28] - Research and development expenses for Q1 2022 were CNY 37,288,145.81, slightly up from CNY 36,546,073.94 in Q1 2021[28] Government Subsidies - The company received government subsidies amounting to CNY 1,811,629.53 during the reporting period[8]