HXSS(SH:600477)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥2,057,314,870.25, representing a year-on-year increase of 10.23%[6] - The net profit attributable to shareholders was ¥53,188,844.23, a decrease of 40.45% compared to the same period last year[6] - Basic earnings per share were ¥0.025, down 39.02% from the previous year[9] - Total operating revenue for Q1 2022 was CNY 2,057,314,870.25, an increase of 10.2% from CNY 1,866,402,389.76 in Q1 2021[31] - Net profit for Q1 2022 was CNY 52,666,579.50, a decrease of 45.1% compared to CNY 97,206,539.21 in Q1 2021[31] - The total comprehensive income for Q1 2022 was CNY 52,703,973.36, compared to CNY 96,103,948.28 in Q1 2021, a decline of 45.0%[33] Cash Flow - The net cash flow from operating activities was -¥393,257,351.57, reflecting a decline of 63.61% year-on-year[6] - Net cash inflow from operating activities was -393,257,351.57, compared to -240,361,980.90 in the previous period, indicating a decline in operational cash flow[37] - Cash received from other operating activities was 45,043,618.60, down from 57,929,662.70, suggesting a decrease in operational cash receipts[37] - Cash paid to employees increased to 257,221,756.06 from 206,217,890.07, reflecting higher labor costs[37] - Total cash inflow from financing activities reached 1,469,215,102.54, significantly higher than 751,673,264.05 in the prior period, reflecting increased financing efforts[38] - Total cash outflow from financing activities was 507,265,147.75, slightly up from 479,913,507.30, indicating stable financing outflows[38] Assets and Liabilities - Total assets at the end of the reporting period were ¥12,215,006,316.49, an increase of 3.92% from the end of the previous year[9] - The company's total liabilities decreased to CNY 6,702,997,267.12 in Q1 2022 from CNY 7,119,223,084.87 in Q1 2021, a reduction of 5.9%[27] - Current liabilities decreased to RMB 6.18 billion from RMB 6.67 billion, reflecting a reduction of approximately 7.3%[25] - The company's short-term borrowings were reported at RMB 2.16 billion, down from RMB 2.22 billion, indicating a decrease of about 2.7%[25] Shareholder Information - The company's equity attributable to shareholders increased by 20.24% to ¥5,172,890,230.03 compared to the end of the previous year[9] - The total equity attributable to shareholders of the parent company increased to CNY 5,172,890,230.03 in Q1 2022 from CNY 4,302,068,503.13 in Q1 2021, reflecting a growth of 20.2%[27] - The number of ordinary shareholders at the end of the reporting period was 67,895, with the largest shareholder holding 38.19% of the shares[14] Research and Development - Research and development expenses increased by 51.10% due to higher investment in R&D[13] - Research and development expenses increased to CNY 105,934,451.72 in Q1 2022, compared to CNY 70,106,717.58 in Q1 2021, marking a rise of 50.9%[31] Investment Activities - The company reported a significant decrease in cash flow from investment activities, primarily due to no external investment expenditures during the period[13] - Cash outflow for investing activities was -204,256,337.53, compared to -58,488,167.52 previously, indicating increased investment expenditures[37] - Cash received from investment activities was 30,158.74, down from 64,015,199.86, showing a decline in cash recovery from investments[37] Government Subsidies - The company received government subsidies related to assets amounting to ¥2,928,336.27, which positively impacted financial performance[10] Current Assets - As of March 31, 2022, the company's total current assets amounted to approximately RMB 8.62 billion, an increase from RMB 8.28 billion as of December 31, 2021, reflecting a growth of about 4.1%[22] - The company's cash and cash equivalents reached RMB 887.56 million, up from RMB 552.88 million, indicating a significant increase of approximately 60.5%[22] - Accounts receivable stood at RMB 1.46 billion, slightly increasing from RMB 1.45 billion, showing a marginal growth of about 0.1%[22] - Inventory levels rose to RMB 919.51 million from RMB 864.72 million, representing an increase of approximately 6.3%[22]