LOPAL(SH:603906)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 reached ¥2,558,240,912.15, representing a year-on-year increase of 329.89%[6] - The net profit attributable to shareholders was ¥213,023,588.58, reflecting a growth of 252.01% compared to the same period last year[6] - The basic earnings per share (EPS) was ¥0.44, an increase of 238.46% year-on-year[6] - Net profit for Q1 2022 was ¥302,740,319.66, compared to ¥69,912,245.78 in Q1 2021, marking an increase of about 332.5%[40] - Operating costs for Q1 2022 were ¥2,159,080,351.66, compared to ¥514,461,308.38 in Q1 2021, reflecting an increase of about 320.5%[36] - The total equity attributable to shareholders rose to ¥2,437,197,124.60 in Q1 2022, up from ¥2,222,058,969.83 in Q1 2021, an increase of approximately 9.7%[35] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥8,608,644,503.44, up 41.01% from the end of the previous year[9] - The company reported a significant increase in accounts receivable by 36.45%, primarily due to the rise in operating revenue[14] - The company’s total liabilities increased, with short-term borrowings rising by 130.67% due to increased bank loans[14] - Total liabilities increased to ¥5,443,526,384.98 in Q1 2022, compared to ¥3,244,826,443.98 in Q1 2021, indicating a rise of about 67.6%[33] - The total current assets as of March 31, 2022, amount to ¥5,521,845,308.29, an increase from ¥3,518,099,699.05 at the end of 2021[30] - The total assets as of March 31, 2022, are ¥8,608,644,503.44, compared to ¥6,105,089,676.59 at the end of 2021[30] Cash Flow - The cash flow from operating activities showed a net outflow of ¥866,001,095.94, which is not applicable for year-on-year comparison[6] - In Q1 2022, the cash inflow from operating activities was CNY 1,359,307,370.75, compared to CNY 634,782,015.94 in Q1 2021, representing an increase of approximately 114.0%[48] - The net cash outflow from operating activities in Q1 2022 was CNY -866,001,095.94, a significant decrease from the net inflow of CNY 92,014,339.95 in Q1 2021[48] - Cash inflow from financing activities in Q1 2022 was CNY 1,745,544,745.30, compared to CNY 200,000,000.00 in Q1 2021, indicating a substantial increase of approximately 772.7%[49] - The cash and cash equivalents at the end of Q1 2022 amounted to CNY 752,639,142.31, compared to CNY 606,906,918.85 at the end of Q1 2021, reflecting an increase of approximately 24.0%[49] Research and Development - Research and development expenses surged by 521.03%, indicating increased investment in R&D projects[14] - Research and development expenses surged to ¥147,106,039.32 in Q1 2022, up from ¥23,687,454.33 in Q1 2021, reflecting a growth of approximately 520.5%[40] Shareholder Information - The total number of common shareholders at the end of the reporting period is 51,591[17] - The largest shareholder, Shi Junfeng, holds 212,662,195 shares, accounting for 44.11% of the total shares[17] - The company has received approval for a non-public offering of up to 144,627,405 new shares[24] Future Outlook - Future outlook includes continued investment in R&D and potential market expansion strategies to sustain growth momentum[40]