JDM(SH:603088)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥150,191,527.75, representing a year-on-year increase of 26.08%[5] - The net profit attributable to shareholders for Q1 2022 was ¥28,536,415.79, an increase of 47.87% compared to the same period last year[5] - The basic earnings per share for Q1 2022 was ¥0.09, reflecting a 50.00% increase year-on-year[6] - Total operating revenue for Q1 2022 reached ¥150,191,527.75, a 26.1% increase from ¥119,120,131.60 in Q1 2021[22] - Net profit for Q1 2022 was ¥28,518,811.59, representing a 50.4% increase compared to ¥18,988,562.56 in Q1 2021[23] Cash Flow - The net cash flow from operating activities was negative at -¥5,682,036.55, a significant decline of 586.08% compared to the previous year[12] - Cash flow from operating activities showed a net outflow of ¥5,682,036.55, compared to a net outflow of ¥828,184.27 in Q1 2021[25] - Cash flow from investing activities resulted in a net outflow of ¥13,019,341.39, an improvement from a net outflow of ¥34,679,851.07 in the previous year[26] - The company experienced a 62.46% improvement in net cash flow from investing activities, totaling -¥13,019,341.39, due to increased redemption of financial products[12] Assets and Liabilities - The total assets at the end of Q1 2022 were ¥1,133,678,726.81, a decrease of 1.86% from the end of the previous year[6] - As of March 31, 2022, the total current assets amounted to RMB 879,236,620.82, a decrease from RMB 902,677,349.65 at the end of 2021, reflecting a decline of approximately 2.5%[18] - The company's total assets as of March 31, 2022, were RMB 1,133,678,726.81, down from RMB 1,155,173,272.48 at the end of 2021, reflecting a decrease of about 1.9%[19] - Total liabilities decreased to RMB 553,196,312.38 from RMB 603,206,962.55, a reduction of approximately 8.3%[19] Expenses - Total operating costs increased to ¥122,683,341.90, up 28.0% from ¥95,905,538.13 in the same period last year[22] - Sales expenses increased by 50.20% to ¥12,938,131.12, driven by higher salaries and exhibition costs[11] - The company experienced a significant increase in tax expenses, which rose to ¥4,893,169.38 from ¥3,383,642.77 in the same quarter last year[23] - Research and development expenses remained stable at approximately ¥7.25 million, slightly down from ¥7.25 million in Q1 2021[22] Other Financial Metrics - The weighted average return on equity increased by 1.70 percentage points to 5.11%[6] - The company reported a 315.50% increase in receivables financing, rising to ¥49,362,130.77 due to reclassification of notes receivable[11] - Investment income rose by 131.26% to ¥1,591,801.24, attributed to increased financial management income[11] - The company's cash and cash equivalents decreased to RMB 68,320,256.89 from RMB 87,537,080.79, representing a decline of about 22%[17] - Accounts receivable increased slightly to RMB 90,711,825.81 from RMB 89,018,654.18, indicating a growth of approximately 1.9%[17] - Inventory rose to RMB 362,948,868.72 from RMB 344,823,295.16, marking an increase of about 5.2%[17] - The equity attributable to shareholders increased to RMB 572,561,014.38 from RMB 544,027,305.66, an increase of approximately 5.3%[19] Strategic Developments - The company has not engaged in any financing or margin trading activities during the reporting period[18] - There are no significant new product developments or market expansion strategies mentioned in the report[16]