Chuangli Group(SH:603012)2022-04-26 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 390,781,379, representing a year-on-year increase of 16.88%[5] - The net profit attributable to shareholders for the same period was CNY 80,008,649.60, reflecting a significant increase of 47.00% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 68,580,157.62, which is a 59.31% increase year-on-year[5] - The basic earnings per share for Q1 2022 was CNY 0.13, an increase of 44.44% year-on-year[6] - The company reported a total profit of RMB 92,072,701 for Q1 2022, an increase of 24.6% from RMB 73,806,517 in Q1 2021[22] - Net profit for Q1 2022 was RMB 77,768,117, representing a 22.7% increase from RMB 63,454,684 in Q1 2021[23] - The company achieved a gross profit margin of approximately 17.8% in Q1 2022, compared to 16.9% in Q1 2021[22] Cash Flow - The net cash flow from operating activities reached CNY 102,993,576.86, marking a substantial increase of 281.53% compared to the same period last year[5] - The net cash flow from operating activities for Q1 2022 was RMB 102,993,577, a significant recovery from a negative cash flow of RMB -56,735,531 in Q1 2021[25] - The net cash flow from investing activities was -$51.97 million, compared to -$49.51 million in the previous period[26] - Cash inflow from financing activities totaled $337.11 million, significantly higher than $161.86 million in the prior period[26] - The net cash flow from financing activities was $147.39 million, a turnaround from a net outflow of -$9.28 million previously[26] - The total cash and cash equivalents at the end of the period increased to $605.51 million, up from $460.86 million[26] - The net increase in cash and cash equivalents for the period was $198.41 million, contrasting with a decrease of -$115.52 million in the prior period[26] Assets and Liabilities - The total assets at the end of the reporting period were CNY 6,130,670,635.99, up 1.18% from the end of the previous year[6] - Total current assets amounted to RMB 4,564,347,320.31, an increase from RMB 4,480,078,355.59 as of December 31, 2021, reflecting a growth of approximately 1.5%[19] - Total liabilities as of March 31, 2022, were RMB 2,941,605,426.44, slightly down from RMB 2,947,993,628.92 as of December 31, 2021[20] - The company's total equity increased to RMB 3,189,065,209.55 from RMB 3,111,296,250.41, marking a growth of approximately 2.5%[20] - The company reported a total asset value of RMB 6,130,670,635.99 as of March 31, 2022, compared to RMB 6,059,289,879.33 at the end of 2021[20] Shareholder Information - The company had a total of 36,078 common shareholders at the end of the reporting period[13] - The top ten shareholders held a combined 42.66% of the company's shares, with Shanghai Jusheng Investment Co., Ltd. being the largest shareholder at 10.42%[14] Research and Development - Research and development expenses increased to RMB 34,035,232 in Q1 2022, up 98.5% from RMB 17,137,489 in Q1 2021[22] Other Income and Expenses - Other income for Q1 2022 was RMB 6,833,521, slightly down from RMB 7,196,256 in Q1 2021[22] - The company recorded a significant increase in investment income from joint ventures, rising to RMB 1,263,876 in Q1 2022 from RMB 1,068,346 in Q1 2021[22] - Cash outflow for debt repayment was $174.96 million, compared to $164.18 million in the previous period[26] - Cash outflow related to other financing activities was $8.64 million, compared to $1.14 million previously[26] Accounting Standards - The company did not apply the new accounting standards for the current year[26]