CMC(SH:603122)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 307,984,973.42, representing a year-on-year increase of 19.67%[5] - The net profit attributable to shareholders for the same period was CNY 15,142,001.71, reflecting a growth of 7.24% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 15,551,864.28, which is an increase of 21.05% year-on-year[5] - The company's net profit for Q1 2022 was CNY 15,156,422.19, an increase from CNY 14,119,885.02 in Q1 2021, representing a growth of approximately 7.35%[21] - Operating profit for Q1 2022 reached CNY 21,627,768.36, compared to CNY 17,276,332.23 in the same period last year, indicating a year-over-year increase of about 25.5%[21] - Total revenue from sales of goods and services amounted to CNY 262,830,985.28, up from CNY 239,863,277.49 in Q1 2021, reflecting an increase of approximately 9.4%[23] - The company reported a total comprehensive income of CNY 14,427,107.68 for Q1 2022, down from CNY 16,120,954.88 in the previous year[22] Cash Flow and Assets - The net cash flow from operating activities was negative at CNY -67,054,010.90, indicating a significant cash outflow[5] - The net cash flow from operating activities was negative at CNY -67,054,010.90, an improvement from CNY -129,587,750.26 in Q1 2021[24] - The company's cash and cash equivalents increased significantly to RMB 402,472,481.69 from RMB 146,602,627.28, marking a growth of 174%[15] - Cash and cash equivalents at the end of Q1 2022 totaled CNY 392,401,162.51, significantly higher than CNY 102,574,182.93 at the end of Q1 2021[24] - Total assets at the end of the reporting period reached CNY 1,468,577,882.18, marking a 31.06% increase from the end of the previous year[6] - Total assets as of March 31, 2022, amounted to RMB 1,468,577,882.18, up from RMB 1,120,547,775.27 at the end of 2021, representing a growth of approximately 31%[16] Shareholder Information - Equity attributable to shareholders increased by 47.01% to CNY 1,169,950,707.80, driven by new share issuance and net profit growth[6] - The equity attributable to shareholders increased to RMB 1,169,950,707.80 from RMB 795,832,606.71, reflecting a growth of approximately 47%[17] - The total number of ordinary shareholders at the end of the reporting period was 59,356[10] - The largest shareholder, 合富（香港）控股有限公司, held 55% of the shares, totaling 218,937,885 shares[10] Costs and Expenses - Total operating costs for Q1 2022 were RMB 280,874,945.36, up from RMB 238,994,711.41 in Q1 2021, reflecting a growth of approximately 17.5%[20] - The company’s total expenses for sales increased to CNY 15,534,252.85 in Q1 2022 from CNY 12,279,438.70 in Q1 2021, marking a rise of approximately 26.3%[21] - The financial expenses showed a significant decrease, with interest expenses at CNY 900,855.69 compared to CNY 945,929.04 in the previous year[21] Strategic Focus - The company is focusing on expanding its market presence and enhancing product offerings, although specific new products or technologies were not detailed in the report[20] - There were no significant mergers or acquisitions reported during the quarter, with a focus on organic growth strategies[20] Return Metrics - The basic earnings per share for the quarter was CNY 0.05, unchanged from the previous year[5] - Basic and diluted earnings per share remained stable at CNY 0.05 for both Q1 2022 and Q1 2021[22] - The weighted average return on equity was 1.64%, an increase of 0.33 percentage points compared to the previous year[6]