KEDA GROUP(SH:600986)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥4,082,729,583.69, representing a year-on-year increase of 45.04%[6] - The net profit attributable to shareholders of the listed company was ¥35,384,087.55, showing a decrease of 25.95% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥35,756,496.75, an increase of 13.59% year-on-year[6] - The basic earnings per share for the period was ¥0.03, down by 25.00% year-on-year[9] - Operating profit for Q1 2022 was CNY 50,315,585.41, compared to CNY 63,690,938.93 in Q1 2021, reflecting a decline of 21.1%[29] - Net profit for Q1 2022 was CNY 36,502,042.18, down 25.5% from CNY 49,092,330.93 in Q1 2021[31] - The company reported a loss in investment income of CNY -224,923.08 compared to a gain of CNY 26,757,412.84 in Q1 2021[29] - The company reported a total of 2,039,467,034.94 RMB in current assets as of March 31, 2022, compared to 1,844,220,087.16 RMB in the previous year[39] Cash Flow - The net cash flow from operating activities was -¥224,303,725.16, indicating a negative cash flow situation[6] - The net cash flow from operating activities for Q1 2022 was -224,303,725.16 RMB, an improvement from -328,174,828.14 RMB in Q1 2021[35] - The company recorded a total of CNY 1,049,048,034.35 in cash received from operating activities in Q1 2022, compared to CNY 1,583,601.52 in Q1 2021[46] - Operating cash flow for Q1 2022 was CNY 69,090,428.72, a significant improvement from a negative cash flow of CNY -236,052,627.00 in Q1 2021[46] - The cash outflow for investment activities was 232,972,991.56 RMB in Q1 2022, compared to 474,745.34 RMB in the same period last year[35] - The net cash flow from financing activities increased to 289,876,146.30 RMB in Q1 2022, up from 210,023,191.49 RMB in Q1 2021[37] Assets and Liabilities - The total assets at the end of the reporting period were ¥7,846,577,509.63, reflecting a 2.56% increase from the end of the previous year[9] - The total assets of the company reached CNY 7,846,577,509.63, up from CNY 7,650,574,587.36 year-over-year[23] - The total liabilities increased to CNY 3,771,892,279.88 from CNY 3,608,811,214.06, an increase of 4.5%[25] - The total liabilities of the company as of March 31, 2022, were 1,403,664,465.72 RMB, compared to 1,205,692,989.42 RMB in the previous year[39] - The company's total equity decreased to CNY 3,507,069,392.98 in Q1 2022 from CNY 3,520,376,857.05 in Q1 2021[41] Equity and Investments - The equity attributable to shareholders of the listed company was ¥3,978,586,037.73, a slight increase of 0.93% compared to the end of the previous year[9] - The company's long-term equity investments rose to CNY 69,811,403.98 from CNY 62,536,327.06, showing an increase of about 11.5%[23] - Total equity rose to CNY 4,074,685,229.75 from CNY 4,041,763,373.30, an increase of 0.8%[25] Accounts Receivable and Inventory - The company experienced a 70.94% increase in accounts receivable due to the acceptance of bills not yet due[10] - The company reported a 93.12% decrease in accounts receivable financing, primarily due to the endorsement transfer or maturity of bank acceptance bills[10] - Accounts receivable increased to CNY 4,258,877,227.62 compared to CNY 4,059,664,574.96 in the previous year, indicating a growth of approximately 4.9%[20] - The company reported a decrease in inventory levels, remaining stable at CNY 136,710.02[23] Research and Development - Research and development expenses decreased to CNY 7,794,796.72 from CNY 19,156,913.74, a reduction of 59.3%[29] - Research and development expenses for Q1 2022 were CNY 95,835.94, down from CNY 170,777.00 in Q1 2021[44] Other Information - The company has not disclosed any new product launches or technological advancements in the current report[24] - There are no significant mergers or acquisitions reported during the quarter[24]