SIFANG(SH:601126)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was RMB 1,069,322,474.25, representing a year-on-year increase of 32.56%[5] - The net profit attributable to shareholders was RMB 128,889,997.02, reflecting a growth of 38.31% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 127,662,335.69, which is an increase of 61.35% year-on-year[5] - The basic earnings per share for the period was RMB 0.1585, marking a 38.31% increase from the previous year[5] - Total operating revenue for Q1 2022 reached ¥1,069,322,474.25, a 32.5% increase from ¥806,690,021.95 in Q1 2021[26] - Net profit for Q1 2022 was ¥128,810,297.38, representing a 38.4% increase compared to ¥93,104,848.16 in Q1 2021[28] - The total comprehensive income for Q1 2022 was ¥128,839,501.17, compared to ¥93,120,081.91 in Q1 2021, indicating a significant growth[29] Assets and Liabilities - The company's total assets at the end of the reporting period were RMB 7,382,423,099.73, a slight increase of 0.15% from the end of the previous year[5] - The company's equity attributable to shareholders was RMB 4,008,508,206.97, which is a 3.54% increase from the end of the previous year[8] - As of March 31, 2022, the company's total assets amounted to CNY 7,382,423,099.73, a slight increase from CNY 7,371,099,630.52 at the end of 2021[22] - Total liabilities decreased to CNY 3,371,488,268.80 from CNY 3,497,165,319.75, a reduction of approximately 3.60%[22] - The total liabilities increased to $1.54 billion, compared to $1.45 billion at the end of the previous year[36] Cash Flow - The net cash flow from operating activities was negative RMB 53,594,616.51, a decline of 130.25% year-on-year[5] - Cash inflow from operating activities in Q1 2022 totaled ¥1,170,461,357.06, a decrease from ¥1,239,660,950.95 in Q1 2021[31] - The net cash flow from operating activities was -$53.59 million, a significant decrease compared to $177.19 million in the same quarter of the previous year[32] - The total cash inflow from operating activities in Q1 2022 was ¥343,720,100.44, down 29.1% from ¥484,938,007.28 in Q1 2021[43] Shareholder Information - The company reported a total of 63,491 common shareholders at the end of the reporting period[12] - The largest shareholder, Sifang Electric Group Co., Ltd., held 44.10% of the shares[12] Expenses - Total operating costs for Q1 2022 were ¥929,951,681.14, up 23.2% from ¥754,820,402.72 in Q1 2021[26] - Research and development expenses for Q1 2022 amounted to ¥100,420,294.50, an increase from ¥93,754,865.70 in Q1 2021[26] - Sales expenses decreased to ¥89,645,788.67 in Q1 2022 from ¥103,782,771.75 in Q1 2021, reflecting a 13.6% reduction[26] - The company reported a financial expense of -¥9,346,884.88 in Q1 2022, compared to -¥3,850,775.61 in Q1 2021[39] Investment Activities - Total cash outflow from investing activities was $80.50 million, down from $322.29 million year-over-year[32] - The total cash outflow from investing activities in Q1 2022 was ¥21,323,724.58, down 82.2% from ¥119,850,697.63 in Q1 2021[43]