AIHUA GROUP(SH:603989)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was RMB 869,316,471.71, representing a year-on-year increase of 28.95%[6] - The net profit attributable to shareholders of the listed company was RMB 114,865,010.03, with a growth of 1.85% compared to the previous year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 93,031,253.84, reflecting an increase of 11.62%[6] - Basic earnings per share for the quarter were RMB 0.2866, showing a slight increase of 1.13%[6] - The diluted earnings per share were RMB 0.2846, compared to RMB 0.42 in the same period last year[9] - The weighted average return on net assets was 3.77%, a decrease of 0.47 percentage points compared to the previous year[9] - The total comprehensive income for Q1 2022 was 116,651,589.43 CNY, compared to 113,551,280.28 CNY in Q1 2021, reflecting an increase of approximately 2.3%[32] Cash Flow and Investments - The net cash flow from operating activities decreased significantly by 72.37%, amounting to RMB 28,225,433.95, primarily due to increased raw material procurement to mitigate supply chain risks caused by the pandemic[6][11] - Cash inflow from operating activities totaled 506,911,857.74 CNY, up from 454,156,653.29 CNY in Q1 2021, indicating a growth of approximately 11.6%[36] - The net cash flow from operating activities decreased to 28,225,433.95 CNY in Q1 2022, down from 102,159,795.97 CNY in Q1 2021, a decline of about 72.3%[36] - The company achieved cash inflow from investment activities of 292,685,565.42 CNY, compared to 310,954,636.25 CNY in the previous year, a decrease of approximately 5.9%[36] - The net cash flow from investment activities improved to 97,112,127.04 CNY in Q1 2022, compared to a negative cash flow of -99,491,098.99 CNY in Q1 2021[36] - The company raised 100,000,000.00 CNY through borrowings in Q1 2022, significantly higher than 5,000,000.00 CNY in Q1 2021[38] - The company reported a cash outflow from financing activities of 36,479,654.35 CNY in Q1 2022, a decrease from 40,729,112.11 CNY in Q1 2021, indicating a reduction of about 8.2%[38] Assets and Liabilities - Total assets at the end of the quarter reached RMB 5,551,592,092.30, up 6.11% from the end of the previous year[9] - The equity attributable to shareholders of the listed company was RMB 3,142,552,532.47, an increase of 3.06% year-on-year[9] - Total liabilities rose to ¥2,366,029,536.80, compared to ¥2,140,912,484.79, marking an increase of 10.5%[26] - The company's total assets increased to ¥5,551,592,092.30 from ¥5,231,763,147.47, reflecting a growth of 6.1%[26] Shareholder Information - Total number of common shareholders at the end of the reporting period is 13,464[14] - The largest shareholder, Hunan Aihua Holdings Co., Ltd., holds 190,493,063 shares, accounting for 47.53% of total shares[14] - The company has repurchased a total of 2,280,043 shares, representing 0.57% of the total share capital, with a total expenditure of approximately RMB 74.09 million[18] Research and Development - Research and development expenses for Q1 2022 were ¥42,407,887.57, up from ¥40,648,582.01 in Q1 2021, indicating a 4.3% increase[30] Other Financial Metrics - Financial expenses for Q1 2022 were ¥8,695,215.69, significantly higher than ¥3,574,716.14 in Q1 2021, reflecting an increase of 143.5%[30] - The company reported an investment income of ¥15,849,982.25 for Q1 2022, compared to ¥7,982,934.22 in Q1 2021, representing a growth of 98.4%[30] - Deferred income tax liabilities decreased to ¥10,189,222.19 from ¥12,148,172.25, a reduction of 16.1%[26]