HLC(SH:600731)2022-04-06 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 601,107,428.34, representing a year-on-year increase of 20.27%[4] - The net profit attributable to shareholders for the same period was CNY 67,197,288.25, reflecting an increase of 8.40% compared to the previous year[4] - The basic earnings per share (EPS) decreased by 16.61% to CNY 0.1455[5] - Total operating costs for Q1 2022 were CNY 528,140,920.57, an increase of 24.1% compared to CNY 425,537,857.98 in Q1 2021[18] - Net profit for Q1 2022 was CNY 68,147,543.24, representing a 10.9% increase from CNY 61,472,055.25 in Q1 2021[19] - Operating profit for Q1 2022 was CNY 75,624,575.65, slightly up from CNY 75,107,823.19 in the same period last year[18] - The company achieved a total profit of CNY 79,782,011.93 in Q1 2022, compared to CNY 75,416,951.19 in Q1 2021, marking an increase of 4.5%[18] Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 3,469,732,070.07, an increase of 6.92% from the end of the previous year[5] - Current assets totaled CNY 1,861,432,748.32, an increase of 12.9% from CNY 1,648,509,615.65 in the previous year[14] - Cash and cash equivalents increased to CNY 553,040,359.42 from CNY 471,212,914.31, representing a growth of 17.4%[14] - Total liabilities increased to CNY 1,575,892,951.19 from CNY 1,360,575,418.80, marking a rise of 15.8%[16] - The company's short-term borrowings rose significantly to CNY 200,000,000.00 from CNY 65,000,000.00, indicating a 207.7% increase[16] Cash Flow - The company's cash flow from operating activities was negative at CNY -11,378,087.82, indicating a significant cash outflow[4] - Cash flow from operating activities showed a net outflow of CNY 11,378,087.82, an improvement from a net outflow of CNY 31,381,459.08 in Q1 2021[21] - Cash and cash equivalents at the end of Q1 2022 totaled CNY 517,483,069.19, down from CNY 815,995,772.67 at the end of Q1 2021[22] Inventory and Prepayments - The company's prepayments increased by 38.15%, primarily due to higher payments for raw materials[9] - Inventory levels rose by 39.74%, attributed to an increase in product stock[9] - Inventory levels increased to CNY 444,148,534.51 from CNY 317,839,810.44, reflecting a growth of 39.7%[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,795[11] Research and Development - Research and development expenses for Q1 2022 were CNY 17,637,463.12, up from CNY 15,226,706.53 in Q1 2021, indicating a focus on innovation[18] Financial Expenses - The company incurred a financial expense of CNY 3,894,191.42 in Q1 2022, which is significantly higher than CNY 2,059,142.57 in Q1 2021[18] Sales Performance - The company reported a total revenue from sales of goods and services of CNY 524,454,203.29 in Q1 2022, compared to CNY 465,116,936.04 in Q1 2021, reflecting a growth of 12.7%[21]