CECO(SH:603698)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 462,348,412.87, representing a 77.00% increase compared to the same period last year[5] - The net profit attributable to shareholders of the listed company was CNY 18,309,173.19, an increase of 15.31% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 17,610,315.69, up by 15.76% year-on-year[5] - The net profit for Q1 2022 was CNY 18,309,173.19, an increase from CNY 15,878,454.91 in Q1 2021, representing a growth of approximately 8.97%[21] - Operating profit for Q1 2022 was CNY 18,309,019.29, compared to CNY 16,389,021.91 in Q1 2021, indicating an increase of about 11.73%[21] - Total comprehensive income for Q1 2022 was CNY 18,309,173.19, compared to CNY 15,878,454.91 in Q1 2021, reflecting an increase of approximately 15.29%[23] Cash Flow and Liquidity - The net cash flow from operating activities was CNY 239,796,953.57, reflecting a 3.31% increase compared to the previous year[5] - Cash flow from operating activities for Q1 2022 was CNY 239,796,953.57, slightly up from CNY 232,124,232.46 in Q1 2021, showing a growth of around 2.89%[26] - The company reported cash inflows from operating activities totaling CNY 618,266,130.72 in Q1 2022, compared to CNY 596,616,755.58 in Q1 2021, which is an increase of approximately 3.06%[26] - Cash outflows from operating activities were CNY 378,469,177.15 in Q1 2022, compared to CNY 364,492,523.12 in Q1 2021, indicating an increase of about 3.83%[26] - The company's cash and cash equivalents as of March 31, 2022, were CNY 2,000,327,080.82, up from CNY 1,761,198,811.57 at the end of 2021, reflecting a growth of approximately 13.5%[17] - Cash and cash equivalents at the end of Q1 2022 amounted to CNY 1,836,130,010.82, up from CNY 1,690,851,313.14 at the end of Q1 2021, marking an increase of about 8.63%[27] Assets and Liabilities - The total assets at the end of the reporting period were CNY 4,575,141,808.80, a 0.88% increase from the end of the previous year[7] - The total assets as of March 31, 2022, were CNY 4,575,141,808.80, compared to CNY 4,535,428,503.73 at the end of 2021, indicating a slight increase of about 0.87%[19] - The total liabilities increased to CNY 1,533,460,508.83 from CNY 1,514,352,001.08, representing a growth of approximately 1.3%[18] - The company’s total equity attributable to shareholders increased to CNY 3,041,681,299.97 from CNY 3,021,076,502.65, a growth of approximately 0.68%[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 29,424[9] - The largest shareholder, China Academy of Launch Vehicle Technology, held 246,425,829 shares, accounting for 45.98% of the total shares[11] Operating Costs and Investments - The total operating costs for Q1 2022 were CNY 440,691,335.48, compared to CNY 245,414,154.29 in Q1 2021, indicating an increase of about 79%[19] - The company has invested CNY 23,578,285.07 in R&D for Q1 2022, compared to CNY 19,770,599.12 in Q1 2021, reflecting an increase of about 19%[19] Government Subsidies and Tax - The company received government subsidies amounting to CNY 822,031.39 during the period[8] - The company reported a decrease in tax expenses to CNY 510,482.01 in Q1 2022 from CNY 46,932,441.93 in Q1 2021, reflecting a significant reduction[21] Return on Assets - The weighted average return on net assets was 0.60%, an increase of 0.06 percentage points[7]