Haoneng(SH:603809)2022-04-18 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 409,194,318.72, representing an increase of 11.83% compared to the same period last year[2]. - The net profit attributable to shareholders of the listed company was CNY 81,961,589.57, reflecting a growth of 23.61% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 76,883,634.30, up by 22.20% from the previous year[2]. - The basic earnings per share for the period was CNY 0.2762, an increase of 21.94% compared to the same period last year[2]. - The company reported a net profit margin improvement, with net profit for Q1 2022 expected to show positive trends compared to the previous year, although specific figures were not disclosed[15]. - In Q1 2022, the company's net profit reached ¥86,008,438.33, a 21.5% increase from ¥70,879,668.91 in Q1 2021[16]. - Operating profit for Q1 2022 was ¥99,408,509.62, up from ¥83,167,495.38 in Q1 2021, representing a growth of 19.5%[16]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 4,127,965,916.76, which is a 4.04% increase from the end of the previous year[2]. - Total assets increased to CNY 4,127,965,916.76 as of March 31, 2022, compared to CNY 3,967,623,250.67 at the end of 2021, marking a growth of 4.0%[13]. - Total liabilities rose to CNY 2,044,147,672.01 in Q1 2022 from CNY 1,971,233,044.25 in Q4 2021, an increase of 3.7%[12]. - The company's equity attributable to shareholders increased to CNY 1,928,742,315.84 as of March 31, 2022, up from CNY 1,845,361,126.27 at the end of 2021, reflecting a growth of 4.5%[13]. - The total liabilities as of March 31, 2022, were CNY 835,059,808.14, compared to CNY 805,835,751.14 at the end of 2021[26]. Cash Flow - The net cash flow from operating activities was negative CNY 27,252,073.42, a decline of 143.35% year-on-year[4]. - Cash flow from operating activities showed a net outflow of ¥27,252,073.42, a significant decline from a net inflow of ¥62,867,280.82 in Q1 2021[21]. - The company reported a total cash and cash equivalents balance of ¥193,969,319.37 at the end of Q1 2022, down from ¥250,061,665.42 at the beginning of the period[22]. - The total cash inflow from financing activities was ¥474,196,724.37, compared to ¥261,885,310.54 in Q1 2021, indicating a substantial increase of 81.1%[22]. - The net cash flow from financing activities decreased to CNY 34,862,877.07 from CNY 203,681,261.39 in the previous year[30]. - The total cash and cash equivalents at the end of Q1 2022 were CNY 75,546,064.46, compared to CNY 56,457,537.44 at the end of Q1 2021, indicating a year-over-year increase of about 33.8%[30]. Expenses - The company's financial expenses rose by 71.61% due to increased loan amounts and interest expenses[4]. - Research and development expenses increased to ¥20,945,155.61, up from ¥19,640,853.02 in Q1 2021, indicating a growth of 6.7%[16]. - Financial expenses increased to ¥11,080,502.86, compared to ¥6,456,780.22 in Q1 2021, reflecting a rise of 71.5%[16]. - Research and development expenses for Q1 2022 were CNY 3,251,786.78, a decrease from CNY 4,055,728.79 in Q1 2021[27]. Receivables and Inventory - The company experienced a 35.98% increase in notes receivable due to an increase in payments settled by notes[4]. - Accounts receivable increased to CNY 383,079,400.38 in Q1 2022 from CNY 357,553,257.07 in Q4 2021, reflecting a growth of 7.1%[11]. - Inventory as of March 31, 2022, was CNY 533,031,591.22, compared to CNY 512,965,537.36 at the end of 2021, indicating a rise of 3.9%[11].