HUATIE(SH:603300)2022-04-19 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥642,864,546.96, representing a year-on-year increase of 55.29%[6] - The net profit attributable to shareholders for Q1 2022 was ¥107,248,648.16, reflecting a growth of 41.40% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥97,478,437.97, an increase of 42.72% year-on-year[6] - Basic earnings per share for Q1 2022 were ¥0.12, up 33.33% year-on-year, while diluted earnings per share also increased by 50.00% to ¥0.12[9] - The weighted average return on equity for Q1 2022 was 2.85%, an increase of 26.67% compared to the previous year[9] - Total operating revenue for Q1 2022 reached ¥642,864,546.96, a 55.3% increase from ¥413,969,943.37 in Q1 2021[35] - Net profit for Q1 2022 was ¥118,910,380.42, representing a 32.6% increase compared to ¥89,665,551.20 in Q1 2021[39] - Earnings per share for Q1 2022 were ¥0.12, compared to ¥0.09 in Q1 2021[41] Cash Flow - The net cash flow from operating activities decreased by 25.25% to ¥248,489,287.04 in Q1 2022[6] - Cash flow from operating activities in Q1 2022 was ¥719,275,570.81, an increase from ¥577,441,049.08 in Q1 2021[41] - Net cash flow from operating activities was $248,489,287.04, a decrease from $332,417,582.83 in the previous period[45] - Total cash outflow from operating activities increased to $481,695,666.33 from $319,787,709.46[45] - Cash paid to employees rose to $91,310,634.15, up from $43,147,301.01 in the previous period[45] - Cash paid for taxes increased to $105,367,184.43, compared to $22,023,360.80 previously[45] - The company reported a net increase in cash and cash equivalents of -$25,383,200.35, compared to -$20,690,425.76 in the previous period[47] Assets and Liabilities - Total assets at the end of Q1 2022 were ¥10,693,423,064.79, a slight increase of 1.20% from the end of the previous year[9] - The total assets as of March 31, 2022, amounted to CNY 10,693,423,064.79, an increase from CNY 10,566,176,836.97 as of December 31, 2021[29] - The total liabilities as of March 31, 2022, were CNY 6,564,396,509.03, compared to CNY 6,481,638,190.65 at the end of 2021[32] - The company's cash and cash equivalents decreased to CNY 108,245,686.08 from CNY 137,935,186.35 year-over-year[25] - Accounts receivable stood at CNY 2,012,677,736.63, showing a slight decrease from CNY 2,098,794,570.13 in the previous year[29] - The total current liabilities were CNY 3,264,630,950.79, slightly down from CNY 3,276,678,141.03 year-over-year[32] - The company reported a decrease in accounts payable to CNY 772,725,895.79 from CNY 877,427,100.37[32] - Long-term borrowings remained stable at CNY 271,000,000.00, unchanged from the previous year[32] - The company's equity capital was CNY 901,952,505.00, a slight decrease from CNY 902,554,505.00[32] - The total current assets were CNY 2,501,423,501.08, down from CNY 2,576,628,239.08 year-over-year[29] Expenses - Operating costs increased by 77.34% due to the expansion of business scale[15] - Sales expenses rose by 72.22%, primarily due to an increase in personnel and employee compensation[15] - Research and development expenses for Q1 2022 were ¥9,960,817.32, slightly up from ¥9,586,174.78 in Q1 2021[35] - Financial expenses, including interest expenses, rose to ¥62,024,621.46 from ¥40,698,634.54 in Q1 2021[35] Cash Flow from Investing and Financing Activities - Total cash inflow from investing activities was $3,630,262.10, significantly lower than $15,057,079.17 in the prior period[45] - Net cash flow from financing activities was -$123,139,641.48, compared to -$189,536,003.67 previously, indicating an improvement[47] - Cash received from financing activities totaled $522,495,403.84, down from $599,080,055.83[47] - Cash outflow for investing activities was $154,363,108.01, down from $178,629,084.09[45]