JCET(SH:600584)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was RMB 8,138,342,221.17, representing a year-on-year increase of 21.24%[4] - The net profit attributable to shareholders was RMB 861,427,410.20, reflecting a significant increase of 123.04% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 781,345,898.68, up by 124.48% year-on-year[4] - Basic and diluted earnings per share were both RMB 0.48, a 100% increase compared to the same period last year[5] - The weighted average return on equity was 4.02%, an increase of 1.18 percentage points year-on-year[5] - The company reported a total comprehensive income of CNY 828,626,140.91 for Q1 2022, compared to CNY 433,283,587.44 in Q1 2021, indicating an increase of about 91.2%[20] - The net profit for Q1 2022 was CNY 861,427,410.20, a significant increase from CNY 386,565,476.47 in Q1 2021, representing a growth of approximately 123.5%[20] - Operating profit for Q1 2022 reached CNY 951,106,757.72, up from CNY 441,616,721.90 in Q1 2021, reflecting an increase of approximately 115.5%[19] Cash Flow and Assets - The net cash flow from operating activities reached RMB 1,639,597,960.59, marking a 36.14% increase from the previous year[4] - Cash and cash equivalents decreased to ¥2,512,467,111.97 from ¥2,761,329,952.39, a decline of 9.0% year-over-year[13] - The company reported a net cash increase of ¥-250,215,243.11 for Q1 2022, compared to a decrease of ¥-282,486,041.08 in the same period last year[27] - The total assets at the end of the reporting period were RMB 36,887,449,670.03, a slight decrease of 0.57% from the end of the previous year[5] - The total current liabilities decreased to CNY 10.29 billion from CNY 11.34 billion, representing a reduction of about 9.25%[38] - The company's total equity increased to CNY 21.82 billion from CNY 20.99 billion, marking an increase of approximately 3.93%[39] Costs and Expenses - Total operating costs for Q1 2022 were ¥7,267,406,497.27, up from ¥6,288,369,725.21 in Q1 2021, reflecting a year-over-year increase of 15.6%[17] - Research and development expenses rose to CNY 322,062,638.86 in Q1 2022, compared to CNY 257,314,063.40 in Q1 2021, indicating an increase of about 25.2%[19] - The company recorded a significant increase in tax expenses, totaling CNY 94,584,591.23 in Q1 2022, compared to CNY 53,074,741.67 in Q1 2021, which is an increase of approximately 78.2%[19] Shareholder Information - The top two shareholders are the National Integrated Circuit Industry Investment Fund and Xindian Semiconductor (Shanghai) Co., Ltd., with no known concerted action between them[11] - The total number of ordinary shareholders at the end of the reporting period was 357,413[8] Strategic Focus - The company focused on high-growth, high-value-added products, optimizing customer and product structure to enhance profitability[7] - The company continues to focus on high-growth, high-value-added products, optimizing customer and product structure to enhance profitability[30] Liabilities and Borrowings - Total liabilities decreased to ¥15,065,978,653.80 from ¥16,098,903,462.48, a reduction of 6.4%[16] - Long-term borrowings increased to ¥3,791,126,003.90 from ¥3,751,344,198.24, an increase of 1.1%[16] - The company reported a decrease in short-term borrowings to ¥1,632,370,027.67 from ¥2,193,136,065.72, a decline of 25.6%[15]