HWASU(SH:600935)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥1,752,734,612.95, representing a year-on-year increase of 23.22%[6] - The net profit attributable to shareholders for the same period was ¥233,235,589.31, reflecting a slight increase of 1.04% compared to the previous year[6] - The net profit after deducting non-recurring gains and losses was ¥228,538,560.59, with a year-on-year increase of 0.40%[9] - The basic earnings per share for Q1 2022 was ¥0.0665, down by 10.14% year-on-year[9] - The weighted average return on equity was 3.63%, a decrease of 1.81 percentage points compared to the previous year[9] - The net profit for the first quarter of 2022 was CNY 233,235,589.31, a slight increase from CNY 230,842,953.24 in the same period of 2021, representing a growth of approximately 1.7%[40] - Operating profit for the first quarter of 2022 was CNY 274,858,780.36, compared to CNY 272,448,470.21 in the first quarter of 2021, indicating a growth of about 0.9%[40] - The total profit for the first quarter of 2022 was CNY 274,408,514.52, slightly higher than CNY 273,054,228.65 in the same period of 2021, representing an increase of about 0.5%[40] Cash Flow - The net cash flow from operating activities was ¥153,129,728.61, showing a decrease of 0.57% compared to the same period last year[9] - Cash flow from operating activities for the first quarter of 2022 was CNY 153,129,728.61, slightly down from CNY 154,010,415.74 in the first quarter of 2021[47] - The company's cash flow from operating activities for Q1 2022 was approximately ¥1,057.72 million, up from ¥901.62 million in Q1 2021, representing a growth of 17.3%[63] - The company’s cash flow from financing activities showed a net outflow of CNY 747,777,407.20 in the first quarter of 2022, compared to a net outflow of CNY 221,400,557.44 in the first quarter of 2021[49] - The company reported a net cash outflow from investing activities of CNY 330,216,034.88 in the first quarter of 2022, compared to a net outflow of CNY 10,424,857.73 in the first quarter of 2021[47] - The net increase in cash and cash equivalents was -$928,673,489.48, compared to -$34,286,329.96 in the previous period, reflecting a significant decline[66] Assets and Liabilities - Total assets at the end of the reporting period were ¥8,597,817,362.17, down 5.78% from the end of the previous year[9] - Total assets decreased to ¥8,597,817,362.17 as of March 31, 2022, down from ¥9,125,739,530.07 at the end of 2021[31] - Total liabilities decreased to ¥2,043,066,888.14 in Q1 2022 from ¥2,809,804,826.18 in Q4 2021, a reduction of 27.2%[31] - The total liabilities decreased from ¥2,565.02 million to ¥1,773.57 million, a reduction of 30.8%[56] - The equity attributable to shareholders increased to ¥6,554,750,474.03, marking a year-on-year increase of 3.78%[9] - The company's total equity increased from ¥5,995.39 million to ¥6,152.54 million, an increase of 2.6%[56] Expenses - Total operating costs for Q1 2022 were ¥1,483,370,340.23, up 28.5% from ¥1,154,176,962.63 in Q1 2021[34] - Research and development expenses for Q1 2022 were ¥25,657,633.44, down from ¥32,400,208.77 in Q1 2021, a decrease of 20.7%[34] - Research and development expenses for Q1 2022 were approximately ¥24.01 million, a decrease of 14.3% compared to ¥28.01 million in Q1 2021[59] - The company reported a significant reduction in financial expenses, totaling ¥7,614,935.89 in Q1 2022 compared to ¥24,431,912.92 in Q1 2021[34] - The company's financial expenses decreased significantly from ¥22.57 million in Q1 2021 to ¥6.05 million in Q1 2022, a reduction of 73.2%[59] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 89,065[15] - The company recognized non-recurring gains of ¥4,697,028.72 after tax for the period[12] Inventory and Receivables - Accounts receivable increased to ¥49,540,999.47 in Q1 2022 from ¥22,701,993.84 in Q4 2021, indicating a significant rise of 118%[23] - Inventory as of March 31, 2022, was ¥443,869,260.97, up 23.4% from ¥359,571,977.35 at the end of 2021[23] - The company reported a decrease in accounts payable from ¥744.66 million to ¥529.11 million, a decline of 29.0%[54]