Ellington(SH:603328)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was RMB 713,663,198.50, representing an increase of 11.26% compared to the same period last year[5] - The net profit attributable to shareholders was RMB 38,057,858.91, reflecting a growth of 23.05% year-over-year[5] - Total revenue for Q1 2022 reached ¥713,663,198.50, an increase of 11.25% compared to ¥641,445,619.51 in Q1 2021[29] - Net profit for Q1 2022 was ¥38,057,858.91, compared to ¥30,928,768.97 in Q1 2021, representing a growth of 22.55%[33] - The total comprehensive income for the first quarter of 2022 was CNY 37,581,312.10, an increase from CNY 31,142,087.23 in the same period of 2021, representing a growth of approximately 20.5%[34] - Basic and diluted earnings per share for the first quarter of 2022 were both CNY 0.038, compared to CNY 0.031 in the first quarter of 2021, indicating an increase of 22.6%[34] Cash Flow - The net cash flow from operating activities reached RMB 168,814,003.64, marking a significant increase of 50.74% compared to the previous year[5] - Cash inflow from operating activities totaled CNY 852,327,730.28, up from CNY 766,230,799.20 in the previous year, reflecting a growth of about 11.3%[39] - Cash outflow from operating activities was CNY 683,513,726.64, compared to CNY 654,243,406.54 in the same period last year, resulting in a net cash flow from operating activities of CNY 168,814,003.64, an increase of 50.6% year-over-year[39] - Cash inflow from financing activities was CNY 385,103,499.13, compared to a net outflow of CNY 13,580,074.69 in the same period last year, indicating a positive shift in financing activities[41] Assets and Liabilities - Total assets at the end of Q1 2022 amounted to RMB 5,105,410,381.76, which is a 10.57% increase from the end of the previous year[7] - Total assets increased to ¥5,105,410,381.76 in Q1 2022 from ¥4,617,201,205.66 in Q1 2021, marking a growth of 10.55%[28] - Total liabilities rose to ¥1,698,927,728.47 in Q1 2022, up from ¥1,248,299,864.47 in Q1 2021, indicating an increase of 36.06%[29] - The company's total current assets as of March 31, 2022, amount to 3,139,906,632.37 RMB, an increase from 2,784,630,801.96 RMB at the end of 2021[23] Shareholder Information - The total number of common shareholders at the end of the reporting period is 37,681, with the top ten shareholders holding a combined 65.4% of shares[14] - Sichuan Jiuzhou Investment Holding Group Co., Ltd. is the largest shareholder, holding 299,532,619 shares, which represents 30.00% of the total shares[14] - The second largest shareholder, Idun Investment Co., Ltd., holds 289,354,429 shares, accounting for 28.98%[14] Expenses - The company reported a 101.97% increase in sales expenses, totaling RMB 13,943,373.12, due to intensified market development efforts[11] - Research and development expenses for Q1 2022 amounted to ¥25,697,764.51, compared to ¥23,521,852.90 in Q1 2021, reflecting a growth of 9.26%[33] - The company reported a decrease in employee compensation payable to ¥39,844,816.33 from ¥43,180,320.48 in the previous year, a decline of 7.77%[29] Investment and Cash Management - The investment income for the quarter was RMB 2,147,791.96, a significant improvement compared to a loss of RMB 337,475.46 in the same period last year[11] - The company has a balance of 37,954.02 million RMB in its fundraising account, which includes accumulated but unused bank deposit interest[19] - As of March 31, 2022, the company has utilized a total of 1,105.6493 million RMB of raised funds, with a net interest income of 177.8202 million RMB from bank deposits[19] Other Financial Metrics - The weighted average return on equity rose to 1.12%, an increase of 0.19 percentage points year-over-year[5] - The company experienced a 179.32% increase in taxes payable, amounting to RMB 4,001,226.34, primarily due to increased tax obligations[11] - Deferred tax assets decreased slightly to ¥21,668,888.16 from ¥22,133,855.04, a reduction of 2.09%[28] - The total non-current assets increased to ¥1,965,503,749.39 from ¥1,832,570,403.70, showing a growth of 7.25%[28]