XTL(SH:603022)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥172,969,364.42, representing a year-on-year increase of 7.80%[5] - The net profit attributable to shareholders was ¥7,999,749.08, showing a significant increase of 88.63% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥7,903,425.99, up by 93.35% year-on-year[5] - Operating profit for Q1 2022 was CNY 10,833,514.27, up 132.5% from CNY 4,660,315.99 in the same period last year[19] - Comprehensive income for Q1 2022 totaled CNY 9,696,871.11, compared to CNY 4,246,702.60 in Q1 2021, indicating a growth of 128.1%[20] - Basic and diluted earnings per share for Q1 2022 were both CNY 0.04, doubling from CNY 0.02 in Q1 2021[20] Cash Flow - The net cash flow from operating activities decreased by 91.96% to ¥1,279,370.10[5] - Cash flow from operating activities generated a net amount of CNY 1,279,370.10 in Q1 2022, a decrease of 91.9% from CNY 15,920,842.59 in Q1 2021[23] - The cash flow from investment activities showed a net outflow of 191.62%, reflecting reduced cash recovery from investment activities[9] - The cash flow from financing activities also showed a net outflow of 101.97%, indicating increased cash payments in financing activities[9] - Total cash inflow from financing activities amounted to $30 million[24] - Cash outflow from financing activities totaled $30.58 million, resulting in a net cash flow of -$576,791.66[24] - The net increase in cash and cash equivalents was -$4.37 million, compared to an increase of $50.75 million in the previous period[24] - The ending balance of cash and cash equivalents was $121.52 million, down from $126.66 million in the previous period[24] - The company distributed dividends and interest payments totaling $576,791.66[24] - The initial cash and cash equivalents balance was $125.89 million[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,301,276,322.72, a slight decrease of 0.07% from the end of the previous year[6] - Total current assets are ¥850,310,174.33, down from ¥861,703,746.66 at the end of 2021[15] - Total assets amount to ¥1,301,276,322.72, slightly down from ¥1,302,245,934.12[15] - Total current liabilities are ¥582,635,507.92, a decrease from ¥592,948,604.14[16] - Non-current liabilities include lease liabilities of ¥4,365,262.64, up from ¥3,532,949.63[16] - The company has a total of 450,966,148.39 in non-current assets, an increase from 440,542,187.46[15] - Total liabilities decreased to CNY 604,614,139.76 in Q1 2022 from CNY 614,363,572.96 in Q1 2021, reflecting a reduction of 1.2%[17] - Total equity attributable to shareholders increased to CNY 696,662,182.96 in Q1 2022, up from CNY 687,882,361.16 in Q1 2021, marking a growth of 1.1%[17] Shareholder Information - Total number of common shareholders at the end of the reporting period is 11,639[11] - The largest shareholder, Cao Wenjie, holds 88,188,800 shares, accounting for 44.09% of total shares[11] Research and Development - The company's research and development expenses increased by 42.93% year-on-year, indicating a focus on innovation[8] - Research and development expenses increased to CNY 9,797,613.23 in Q1 2022, a rise of 42.4% compared to CNY 6,854,979.62 in Q1 2021[19] Sales and Expenses - The company reported a significant increase in sales expenses by 137.02%, primarily due to higher salaries and social security for sales personnel[8] - The company reported a decrease in sales expenses to CNY 2,619,942.63 in Q1 2022 from CNY 1,105,381.36 in Q1 2021, reflecting a significant increase of 137.5%[19]