SCAC(SH:600618)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥1,975,192,777.16, representing a year-on-year increase of 27.66%[6] - The net profit attributable to shareholders of the listed company was ¥485,588,430.77, reflecting a growth of 40.51% compared to the same period last year[6] - The basic earnings per share (EPS) was ¥0.4199, which is an increase of 40.53% year-on-year[6] - The net profit excluding non-recurring gains and losses was ¥485,404,185.31, which is a 40.00% increase year-on-year[6] - Net profit for Q1 2022 was ¥482,689,889.58, up 39.9% from ¥345,075,189.54 in Q1 2021[26] - Operating profit for Q1 2022 was ¥556,761,048.75, an increase of 42.0% compared to ¥392,045,617.23 in Q1 2021[26] - Earnings per share for Q1 2022 were ¥0.4199, compared to ¥0.2988 in Q1 2021, reflecting a 40.5% increase[28] Cash Flow - The net cash flow from operating activities was ¥167,129,310.89, showing a rise of 17.62% from the previous year[6] - Cash flow from operating activities in Q1 2022 was ¥1,481,319,944.43, compared to ¥1,182,550,178.93 in Q1 2021, indicating a growth of 25.3%[28] - Net cash flow from operating activities increased to ¥167,129,310.89 from ¥142,089,640.65, representing a growth of approximately 17.5% year-over-year[31] - The cash flow from operating activities totaled ¥1,314,190,633.54, up from ¥1,040,460,538.28, indicating a year-over-year increase of approximately 26.2%[31] - The company reported a net decrease in cash and cash equivalents of ¥38,114,426.28, contrasting with an increase of ¥114,511,247.48 in the prior year[31] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥10,238,214,946.08, up 10.08% from the end of the previous year[9] - Current assets totaled CNY 4,735,612,261.50, up from CNY 4,455,907,464.26, indicating an increase of about 6.3%[18] - Accounts receivable rose to CNY 287,081,783.64 from CNY 180,228,009.03, representing a significant increase of approximately 59.3%[18] - Inventory decreased to CNY 195,905,568.03 from CNY 212,254,353.36, showing a decline of about 7.7%[18] - Non-current assets totaled CNY 5,502,602,684.58, up from CNY 4,844,580,957.33, marking an increase of approximately 13.6%[21] - Total liabilities decreased to CNY 2,617,463,672.55 from CNY 2,196,764,401.20, indicating a decrease of approximately 19.9%[21] - Long-term borrowings increased to CNY 1,232,029,951.06 from CNY 3,924,501.90, reflecting a substantial rise[21] Shareholder Equity - The equity attributable to shareholders of the listed company was ¥7,344,701,451.57, marking a 6.99% increase year-on-year[9] - Total equity attributable to shareholders of the parent company increased to ¥7,344,701,451.57 in Q1 2022 from ¥6,864,775,657.24 in Q1 2021, a rise of 7.0%[23] Research and Development - Research and development expenses for Q1 2022 were ¥34,457,305.93, up 19.0% from ¥28,912,711.90 in Q1 2021[26] Other Information - The company has not disclosed any significant new strategies or product developments during the reporting period[21] - The company did not apply the new accounting standards for the first time in 2022[31]