FARATRONIC(SH:600563)2022-04-22 16:00Financial Performance - The company's revenue for Q1 2022 was ¥840,129,840.25, representing a year-on-year increase of 44.70%[4] - The net profit attributable to shareholders for Q1 2022 was ¥204,392,674.38, reflecting a growth of 23.55% compared to the same period last year[4] - Basic earnings per share for Q1 2022 were ¥0.908, up by 23.54% from the same period last year[4] - Operating profit for Q1 2022 was RMB 243,859,032.61, an increase of 23.2% compared to RMB 198,072,385.38 in Q1 2021[19] - Net profit for Q1 2022 was RMB 207,076,892.51, up 23.1% from RMB 168,153,365.91 in Q1 2021[21] Cash Flow - The net cash flow from operating activities reached ¥164,763,809.30, showing a significant increase of 515.93% year-on-year[4] - Cash flow from operating activities for Q1 2022 was RMB 164,763,809.30, significantly higher than RMB 26,750,357.27 in Q1 2021[22] - The net increase in cash and cash equivalents for the period was 165,512,830.48, compared to 18,946,551.97 in the previous period[23] - The ending balance of cash and cash equivalents was 951,562,594.52, up from 771,702,995.11 in the previous period[23] Assets and Liabilities - Total assets at the end of Q1 2022 amounted to ¥4,983,076,755.65, which is a 7.36% increase from the end of the previous year[5] - The company's total liabilities were RMB 1,282,701,210.07, compared to RMB 1,148,063,131.18, reflecting an increase of about 11.7%[17] - The company's current assets totaled RMB 3,702,202,828.34, up from RMB 3,551,377,295.62, indicating an increase of about 4.25%[14] - The company's non-current assets totaled RMB 1,280,873,927.31, compared to RMB 1,090,201,484.11, reflecting an increase of about 17.4%[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 84,000,000, with the largest shareholder holding 37.33%[9] - The equity attributable to shareholders increased to ¥3,637,834,855.09, marking a 5.95% rise compared to the previous year[5] - The total equity attributable to shareholders was RMB 3,637,834,855.09, up from RMB 3,433,659,176.19, indicating a growth of approximately 5.93%[17] Operating Costs and Expenses - Operating costs increased by 60.64% due to rising material costs and revenue growth[8] - Total operating costs for Q1 2022 were RMB 608,282,137.26, a 55.3% increase from RMB 391,837,141.78 in Q1 2021[19] - Research and development expenses for Q1 2022 totaled RMB 30,789,365.19, representing a 35.3% increase from RMB 22,755,469.14 in Q1 2021[19] Other Financial Metrics - The weighted average return on equity was 5.77%, an increase of 0.21 percentage points year-on-year[4] - The company reported non-recurring gains of ¥11,701,815.92 after tax adjustments[6] - The company reported a decrease in tax expenses to RMB 36,287,902.80 in Q1 2022 from RMB 29,207,459.28 in Q1 2021[19] - Other comprehensive income after tax for Q1 2022 was RMB -216,995.48, an improvement from RMB -324,405.39 in Q1 2021[21]