Tuopu Group(SH:601689)2022-04-21 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥3,745,011,017.28, representing a year-on-year increase of 54.34%[4] - The net profit attributable to shareholders was ¥385,889,397.89, up 56.84% compared to the same period last year[4] - Basic earnings per share were ¥0.35, which is a 59.09% increase from the previous year[4] - Net profit for Q1 2022 was ¥399,477,510.34, up 60.7% from ¥248,385,867.45 in Q1 2021[19] - Earnings per share for Q1 2022 were ¥0.35, compared to ¥0.22 in Q1 2021, reflecting a 59.1% increase[20] - The total comprehensive income for Q1 2022 was ¥401,700,872.64, compared to ¥247,704,043.74 in Q1 2021, reflecting a 62.0% increase[20] Cash Flow - The net cash flow from operating activities reached ¥387,085,581.99, reflecting a significant increase of 147.25% year-on-year[4] - Cash flow from operating activities for Q1 2022 was ¥4,310,797,577.16, compared to ¥2,552,970,530.87 in Q1 2021, representing a growth of 68.9%[21] - The net cash flow from operating activities was 387,085,581.99 CNY, an increase from 156,558,517.95 CNY in the previous year[23] - The total cash outflow from investing activities was 951,460,125.41 CNY, compared to 1,142,107,894.33 CNY in the same period last year[23] - The net cash flow from financing activities was 871,332,406.23 CNY, a decrease from 2,078,168,244.82 CNY year-over-year[23] - The cash inflow from investment activities was 104,745,911.34 CNY, significantly higher than 20,560,623.28 CNY in the previous year[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥20,224,661,209.49, an increase of 8.25% from the end of the previous year[5] - Total assets as of March 31, 2022, were RMB 20,224,661,209.49, up from RMB 18,682,692,767.26, representing an increase of approximately 8.23%[15] - The total liabilities increased to RMB 8,988,366,430.24 from RMB 7,366,503,064.54, reflecting a growth of about 22.03%[15] - Total liabilities as of Q1 2022 were ¥9,201,540,010.85, up from ¥8,062,267,357.95 in the same period last year, indicating a growth of 14.1%[19] - The company's equity attributable to shareholders was ¥10,977,677,375.43, up 3.67% from the previous year[5] - The total equity attributable to shareholders of the parent company was ¥10,977,677,375.43, an increase of 3.7% from ¥10,588,767,194.07 in Q1 2021[19] Research and Development - Research and development expenses increased by 37.07%, indicating a continued commitment to innovation[8] - Research and development expenses in Q1 2022 amounted to ¥152,036,225.15, an increase of 37.0% from ¥110,915,721.16 in Q1 2021[19] Other Income and Expenses - The company reported a 200.35% increase in other income, primarily due to increased government subsidies[8] - The company experienced a 56.64% rise in operating costs, correlating with the increase in operating revenue[8] - The company paid 474,012,933.52 CNY to employees, an increase from 281,616,637.34 CNY in the previous year[23] - The cash paid for taxes was 219,939,967.69 CNY, compared to 133,355,753.64 CNY in the same period last year[23] Current Assets - As of March 31, 2022, the total current assets amounted to RMB 9,496,581,835.53, an increase from RMB 8,790,150,434.83 at the end of 2021, reflecting a growth of approximately 8.06%[13] - The cash and cash equivalents were reported at RMB 1,683,614,091.21, up from RMB 1,271,450,147.37, indicating a significant increase of about 32.3%[13] - Accounts receivable reached RMB 3,223,359,889.04, compared to RMB 3,168,220,804.95 in the previous period, showing a growth of approximately 1.74%[13] - Inventory levels increased to RMB 2,354,997,560.27 from RMB 2,296,983,843.07, marking a rise of about 2.52%[13]