Proya(SH:603605)2022-04-21 16:00Financial Performance - The company's revenue for Q1 2022 was RMB 1,254,357,336.99, representing a year-on-year increase of 38.53%[4] - Net profit attributable to shareholders was RMB 158,420,986.20, reflecting a growth of 44.16% compared to the same period last year[4] - Basic earnings per share reached RMB 0.79, up 43.64% year-on-year[4] - The net profit excluding non-recurring gains and losses was RMB 146,724,879.18, up 36.21% year-on-year[4] - Net profit for Q1 2022 reached CNY 169,398,719.61, a 58.6% increase from CNY 106,814,710.68 in Q1 2021[18] - Operating profit for Q1 2022 was CNY 206,401,869.77, up 57.3% from CNY 131,118,397.28 in the same period last year[18] - Total comprehensive income for Q1 2022 was CNY 169,291,470.95, compared to CNY 106,450,532.92 in Q1 2021, indicating a growth of 58.9%[19] Cash Flow - The net cash flow from operating activities increased significantly by 521.66%, amounting to RMB 342,107,055.69[4] - Cash flow from operating activities generated a net amount of CNY 342,107,055.69 in Q1 2022, significantly higher than CNY 55,030,968.90 in Q1 2021[20] - The net cash flow from financing activities was -$46,648,750.01, compared to -$102,339,506.52 in the previous period[21] - The company experienced a net increase in cash and cash equivalents of $255,611,638.70, contrasting with a decrease of $93,460,369.13 in the prior period[21] Assets and Liabilities - Total assets at the end of the reporting period were RMB 4,845,558,049.59, a 4.59% increase from the end of the previous year[5] - Total assets as of March 31, 2022, were ¥4,845,558,049.59, up from ¥4,633,049,783.03 at the end of 2021, marking an increase of 4.6%[15] - Total liabilities amounted to ¥1,830,929,731.33 as of March 31, 2022, compared to ¥1,746,209,355.96 at the end of 2021, reflecting an increase of 4.8%[16] - The equity attributable to shareholders reached ¥2,993,662,707.64, up from ¥2,876,975,835.98 at the end of 2021, indicating a growth of 4.1%[16] Revenue and Costs - The total operating revenue for Q1 2022 reached ¥1,254,357,336.99, a significant increase of 38.5% compared to ¥905,464,673.13 in Q1 2021[16] - The total operating costs for Q1 2022 were ¥1,039,831,788.21, up from ¥779,738,541.63 in Q1 2021, reflecting a year-over-year increase of 33.3%[16] - The increase in revenue was primarily driven by a 38.60% growth in main business income, particularly from online direct sales channels[8] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,570[11] Expenses - Research and development expenses increased to CNY 29,984,297.07 in Q1 2022, up 69.5% from CNY 17,656,819.49 in Q1 2021[18] - Sales expenses for Q1 2022 were CNY 531,525,291.08, an increase of 40.5% from CNY 377,754,359.96 in Q1 2021[18] - The company reported a tax expense of CNY 36,756,456.24 for Q1 2022, up from CNY 24,279,745.48 in Q1 2021, reflecting a 51.5% increase[18] Other Income - The company received government subsidies amounting to RMB 14,298,520.83, contributing to the increase in net profit[6] - Other income for Q1 2022 was CNY 14,423,871.50, compared to CNY 3,530,669.17 in Q1 2021, marking a substantial increase of 309.5%[18] Future Outlook - Future outlook includes plans for market expansion and potential new product launches, although detailed projections were not provided in the report[16] Cash and Cash Equivalents - Cash and cash equivalents as of March 31, 2022, amounted to ¥2,639,939,888.51, compared to ¥2,391,048,249.81 at the end of 2021, indicating a growth of 10.4%[14] - The total cash and cash equivalents at the end of the period amounted to $2,633,946,406.79, an increase from $1,308,390,385.75 in the previous year[21] - The beginning cash and cash equivalents balance was $2,378,334,768.09, reflecting a strong starting position for the quarter[21] Accounting Practices - The company did not apply the new accounting standards for the current year, indicating a continuation of previous practices[21]