ZPEC(SH:603619)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥603,285,892.87, representing an increase of 83.21% compared to the same period last year[6]. - Net profit attributable to shareholders was ¥72,664,278.76, a significant increase of 725.32% year-on-year[6]. - Basic earnings per share were ¥0.18, reflecting a 700.00% increase compared to the same period last year[6]. - Total revenue for Q1 2022 reached ¥603.29 million, a significant increase from ¥329.29 million in Q1 2021, representing an 83% year-over-year growth[31]. - Net profit for Q1 2022 was ¥72.55 million, compared to a net loss of ¥11.92 million in Q1 2021, marking a substantial turnaround[34]. - The company’s total profit for Q1 2022 was ¥112.36 million, a significant recovery from a loss of ¥5.58 million in Q1 2021[34]. - The company’s tax expenses for Q1 2022 were ¥39.81 million, up from ¥6.34 million in Q1 2021, indicating a 528% increase[34]. - Other income for Q1 2022 was reported at ¥5.22 million, a notable increase from ¥0.51 million in Q1 2021[31]. - The company’s financial expenses rose to ¥45.35 million in Q1 2022 from ¥20.84 million in Q1 2021, reflecting a 117% increase[31]. Cash Flow and Investments - The net cash flow from operating activities reached ¥287,545,287.70, up 259.39% from the previous year[6]. - The company reported a net cash flow from operating activities of ¥287.55 million in Q1 2022, compared to ¥80.01 million in Q1 2021, reflecting a 259% increase[36]. - The net cash flow from investing activities was -68,531,831.40 RMB, compared to -69,911,985.09 RMB in the previous period, indicating a slight improvement[38]. - Cash inflow from financing activities totaled 494,619,562.06 RMB, down from 821,690,000.00 RMB in the previous period, reflecting a decrease of approximately 40%[38]. - The company reported a net increase in cash and cash equivalents of 135,015,107.37 RMB, compared to 106,272,937.31 RMB in the previous period, showing a growth of about 27%[38]. Assets and Liabilities - Total assets at the end of the reporting period were ¥6,069,010,441.07, a 3.32% increase from the end of the previous year[9]. - The company's total assets amounted to approximately RMB 6.07 billion, an increase from RMB 5.87 billion as of December 31, 2021, reflecting a growth of about 3.2%[26]. - The company's current assets totaled approximately RMB 1.96 billion, compared to RMB 1.84 billion in the previous year, indicating an increase of about 6.2%[22]. - The company's total liabilities reached approximately RMB 4.01 billion, compared to RMB 3.90 billion in the previous year, reflecting an increase of about 2.8%[27]. - The company's equity attributable to shareholders increased to approximately RMB 2.06 billion from RMB 1.97 billion, showing a growth of about 4.9%[27]. - The total current liabilities were 2,848,763,317.00 RMB, remaining unchanged from the previous period, suggesting consistent short-term financial obligations[44]. - The company’s total liabilities were 3,291,000,000.00 RMB, reflecting a balanced approach to leveraging and financial risk management[44]. - Total liabilities amounted to approximately 3.90 billion, with non-current liabilities at approximately 1.05 billion[46]. Research and Development - Research and development expenses rose by 114.32% compared to the previous year, indicating increased investment in innovation[15]. - Research and development expenses increased to ¥17.76 million in Q1 2022 from ¥8.28 million in Q1 2021, representing a 114% rise[31]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 28,459[16]. Accounting Practices - The company implemented adjustments in accounting practices effective January 1, 2022, in accordance with the Ministry of Finance's new guidelines[48].