LEHUI International(SH:603076)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 311,150,447.76, representing a year-on-year increase of 41.00%[4] - Net profit attributable to shareholders decreased by 49.94% to CNY 18,718,706.40, primarily due to rising raw material and shipping costs, as well as increased overseas construction expenses[4][6] - The net profit after deducting non-recurring gains and losses fell by 68.82% to CNY 10,260,201.16, influenced by similar cost pressures and increased marketing investments in the craft beer segment[4][6] - The basic and diluted earnings per share decreased by 60.47% to CNY 0.17 per share, reflecting the decline in net profit[4][6] - Operating profit decreased to ¥19,485,092.18, down 56.5% from ¥44,722,679.32 in the previous year[18] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,065,786,425.95, an increase of 9.57% from the end of the previous year[5] - The company's total assets amounted to RMB 3,065,786,425.95, an increase from RMB 2,798,130,689.07 at the end of 2021, reflecting a growth of approximately 9.6%[14] - The total liabilities of the company reached RMB 1,751,543,998.77, up from RMB 1,507,113,075.45, which is an increase of approximately 16.2%[16] - The company's non-current assets totaled RMB 475,238,560.37, down from RMB 508,919,285.26, representing a decrease of about 6.7%[15] Shareholder Equity - Shareholder equity attributable to shareholders increased by 1.56% to CNY 1,311,123,614.61[5] - The company's equity attributable to shareholders increased to RMB 1,311,123,614.61 from RMB 1,291,017,613.62, reflecting a growth of about 1.6%[16] - The company's total equity as of March 31, 2022, was RMB 1,314,242,427.18, compared to RMB 1,291,017,613.62 at the end of 2021, showing an increase of approximately 1.8%[16] Cash Flow - The company reported a net cash flow from operating activities of -CNY 68,610,944.00, indicating cash outflows during the quarter[4] - Cash inflow from operating activities totaled ¥648,707,214.22, significantly higher than ¥175,570,239.20 in Q1 2021[20] - Cash outflow from operating activities was ¥717,318,158.22, compared to ¥244,613,472.48 in the same period last year[20] - The net cash flow from operating activities was -¥68,610,944.00, slightly improved from -¥69,043,233.28 in Q1 2021[20] - Cash inflow from investment activities totaled $103,743,128.06, compared to $42,946,856.74 in the previous year, representing an increase of approximately 142%[21] - Cash outflow for investment activities was $165,516,977.26, up from $97,500,927.79, indicating a year-over-year increase of about 69.9%[21] - Net cash flow from investment activities was -$61,773,849.20, compared to -$54,554,071.05, reflecting a decline of approximately 13.3%[21] - Cash inflow from financing activities amounted to $289,227,250.00, a decrease from $579,943,232.64, representing a decline of about 50%[21] - Net cash flow from financing activities was $9,018,776.08, down from $472,895,367.14, indicating a significant decrease of approximately 98.1%[21] - The net increase in cash and cash equivalents was -$121,548,762.84, contrasting with an increase of $348,196,835.28 in the previous year[21] - The ending balance of cash and cash equivalents was $428,693,184.04, down from $550,411,259.95, reflecting a decrease of about 22.1%[21] Other Financial Metrics - The weighted average return on equity was 1.42%, down by 2.28 percentage points compared to the previous year, due to reduced net profit[4][7] - Research and development expenses increased to ¥7,827,701.68, up 33.5% from ¥5,859,537.37 in Q1 2021[17] - Other comprehensive income after tax attributable to the parent company was ¥1,387,294.59, recovering from a loss of -¥1,790,463.50 in the previous year[18] - The company was ordered to pay EUR 5,453,105.77 plus interest to the respondent as per the final arbitration ruling received on April 8, 2022[11]