LFX(SH:600612)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 18,441,603,081.60, representing a year-on-year increase of 7.23%[4] - The net profit attributable to shareholders for Q1 2022 was CNY 406,571,893.70, showing a decrease of 37.30% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 466,061,684.81, with an increase of 7.47% year-on-year[4] - Operating profit for Q1 2022 decreased to ¥766,913,411.52 from ¥1,065,239,675.00 in Q1 2021, representing a decline of 28.1%[18] - Net profit for Q1 2022 was ¥557,619,440.81, down 30.1% from ¥797,174,296.33 in Q1 2021[18] - The net profit attributable to shareholders of the parent company for Q1 2022 was approximately ¥406.57 million, a decrease of 37.3% compared to ¥648.47 million in Q1 2021[19] - The total comprehensive income attributable to shareholders of the parent company for Q1 2022 was approximately ¥409.44 million, down 37.5% from ¥655.53 million in Q1 2021[19] - The basic and diluted earnings per share for Q1 2022 were both ¥0.7772, compared to ¥1.2396 in Q1 2021, reflecting a decline of 37.2%[19] Cash Flow - The net cash flow from operating activities was CNY 6,190,161,930.94, reflecting a significant increase of 110.99%[5] - Cash inflows from operating activities for Q1 2022 totaled approximately ¥18.58 billion, an increase of 1.5% from ¥18.30 billion in Q1 2021[21] - The net cash flow from operating activities for Q1 2022 was approximately ¥6.19 billion, significantly up from ¥2.93 billion in Q1 2021, marking a growth of 110.5%[21] - The cash outflow for purchasing goods and services in Q1 2022 was approximately ¥10.95 billion, down from ¥14.77 billion in Q1 2021, reflecting a decrease of 25.5%[21] - The net cash flow from investing activities for Q1 2022 was approximately ¥28.04 million, down 33.2% from ¥41.91 million in Q1 2021[22] - The net cash flow from financing activities for Q1 2022 was approximately -¥110.64 million, compared to a positive net cash flow of ¥1.17 billion in Q1 2021[22] Assets and Liabilities - Total assets at the end of Q1 2022 amounted to CNY 24,410,526,168.18, an increase of 9.59% from the end of the previous year[5] - Total assets as of Q1 2022 amounted to ¥24,410,526,168.18, an increase from ¥22,274,857,485.87 in the previous year[16] - Total liabilities for Q1 2022 were ¥12,990,310,702.26, compared to ¥11,416,212,394.44 in Q1 2021, marking an increase of 13.8%[16] - The equity attributable to shareholders was CNY 9,600,572,199.20, which is a 4.45% increase compared to the end of the previous year[5] - The company's equity attributable to shareholders increased to ¥9,600,572,199.20 in Q1 2022 from ¥9,191,135,714.96 in Q1 2021, reflecting a growth of 4.4%[16] Accounts and Inventory - Accounts receivable surged by 432.77%, totaling CNY 767,255,532.38, mainly due to increases at a subsidiary[7] - Accounts receivable increased significantly to ¥944,546,558.98 from ¥177,291,026.60 year-over-year[14] - Inventory decreased by 33.09%, amounting to CNY 4,152,517,139.69, attributed to reductions at a subsidiary[7] - Inventory decreased to ¥8,396,257,793.55 from ¥12,548,774,933.24 year-over-year[14] - The company reported a decrease in accounts payable from ¥524,138,648.11 in Q1 2021 to ¥375,366,386.10 in Q1 2022, a reduction of 28.3%[16] Other Financial Metrics - Research and development expenses for Q1 2022 were ¥6,083,238.25, up from ¥5,902,464.13 in Q1 2021, indicating a growth of 3.1%[18] - Cash and cash equivalents increased by 86.59%, reaching CNY 6,100,636,413.42, primarily due to increases in cash at subsidiaries[7] - Total current assets increased to ¥23,150,987,900.89 from ¥21,010,680,140.76 year-over-year[14] - Cash and cash equivalents rose to ¥13,146,410,079.85 from ¥7,045,773,666.43 year-over-year[14] - The total number of common shareholders at the end of the reporting period was 44,103[11]