HXGF(SH:603115)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥471,473,186.39, representing a year-on-year increase of 35.90%[5] - The net profit attributable to shareholders was ¥63,827,729.92, showing a significant increase of 110.89% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥57,627,036.96, up by 107.20% year-on-year[5] - The basic earnings per share for the quarter was ¥0.27, reflecting an increase of 80.00%[8] - In Q1 2022, the company's net profit reached CNY 63,827,729.92, a significant increase of 109.8% compared to CNY 30,408,908.17 in Q1 2021[18] - The total comprehensive income for the period was CNY 63,251,619.74, compared to CNY 30,732,080.65 in Q1 2021, marking an increase of 105.5%[19] - The company reported a total profit of CNY 73,959,802.32, which is an increase of 116.9% compared to CNY 34,197,076.45 in Q1 2021[18] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,413,906,973.42, which is a 3.00% increase from the end of the previous year[6] - Total assets amounted to ¥2,413,906,973.42, compared to ¥2,343,673,292.39, reflecting a growth of 3%[14] - Total liabilities increased to ¥374,287,196.87 from ¥354,205,535.58, a rise of 5%[15] - Shareholders' equity totaled ¥2,039,619,776.55, up from ¥1,976,215,905.07, indicating an increase of 3.2%[15] - Non-current assets totaled ¥589,968,773.86, compared to ¥551,320,371.66, reflecting a growth of 7%[14] Cash Flow and Investments - The net cash flow from operating activities decreased by 49.43% to ¥13,625,201.59, primarily due to increased payments to employees and taxes[5] - The company reported a cash flow from operating activities of CNY 13,625,201.59, down from CNY 26,941,824.07 in the previous year, indicating a decrease of 49.5%[22] - Investment activities generated a net cash flow of CNY 69,820,826.82, compared to a negative cash flow of CNY -36,836,477.04 in Q1 2021[22] Revenue and Costs - Total revenue for Q1 2022 reached ¥471,473,186.39, an increase of 36% compared to ¥346,928,296.20 in Q1 2021[17] - Total operating costs for Q1 2022 were ¥402,458,919.86, up from ¥316,293,071.00 in Q1 2021, reflecting a 27% increase[17] - The total revenue from operating activities was CNY 370,184,871.89, up from CNY 282,629,311.15 in the same period last year, reflecting a growth of 30.9%[21] Shareholder Information - The top shareholder, Nantong Xinhaixing Investment Co., Ltd., holds 59.02% of the shares, totaling 141,180,000 shares[10] Research and Development - Research and development expenses increased to CNY 31,491,300.81, a rise of 50.9% from CNY 20,848,941.29 in Q1 2021[18] Financial Management - The company incurred financial expenses of CNY -694,444.54, a decrease from CNY 315,633.17 in the previous year, indicating improved financial management[18] Cash and Equivalents - Cash and cash equivalents increased to ¥578,537,597.90 from ¥510,001,419.75, representing a growth of 13.4%[13] - The company's cash and cash equivalents at the end of the period totaled CNY 475,570,528.22, up from CNY 254,534,939.64 at the end of Q1 2021[22] Inventory and Receivables - Accounts receivable rose to ¥376,946,988.97, up from ¥347,731,348.58, indicating an increase of 8.5%[13] - Inventory increased to ¥174,491,631.90 from ¥141,673,664.67, marking a growth of 23%[13]