NCE(SH:605111)2022-04-19 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥420,557,686.13, representing a 30.79% increase compared to ¥316,520,856.59 in the same period last year[6] - Net profit attributable to shareholders for Q1 2022 was ¥112,378,569.94, a 50.11% increase from ¥75,143,853.44 in the previous year[6] - The net profit after deducting non-recurring gains and losses was ¥110,202,955.87, reflecting a 48.29% increase from ¥74,591,980.54 in the same period last year[9] - Basic earnings per share for Q1 2022 was ¥0.79, up 49.06% from ¥0.53 in the previous year[9] - Total operating revenue for Q1 2022 reached ¥420,557,686.13, a 30.8% increase from ¥321,557,364.61 in Q1 2021[32] - Net profit for Q1 2022 was ¥112,378,569.94, compared to ¥74,866,150.83 in Q1 2021, representing a 49.9% growth[33] - Basic and diluted earnings per share for Q1 2022 were both ¥0.79, an increase from ¥0.53 in Q1 2021[37] Assets and Liabilities - Total assets at the end of Q1 2022 were ¥2,118,452,173.42, a 12.37% increase from ¥1,885,252,057.18 at the end of the previous year[9] - The company's total assets reached approximately RMB 2,118.45 million, an increase from RMB 1,885.25 million as of December 31, 2021, reflecting a growth of about 12.38%[23] - The company's cash and cash equivalents amounted to RMB 1,060.94 million, up from RMB 889.36 million, indicating a growth of approximately 19.29%[23] - Accounts receivable increased to RMB 162.75 million from RMB 136.31 million, representing a growth of about 19.43%[23] - Inventory levels rose to RMB 319.79 million, compared to RMB 240.37 million, marking an increase of approximately 33.00%[23] - The company's total current liabilities decreased slightly from RMB 335.00 million to RMB 319.00 million, a reduction of about 4.79%[26] - The company's long-term assets remained stable at RMB 377.58 million, compared to RMB 377.61 million, showing a negligible change[26] - The company's total liabilities decreased to ¥351,155,002.56 from ¥354,945,099.60 year-over-year[28] - The company's total liabilities amounted to RMB 322,888,182.27 as of January 1, 2022, remaining stable compared to the previous year[46] Cash Flow - The net cash flow from operating activities was ¥48,921,990.91, a decrease of 16.39% compared to ¥58,510,313.79 in the same period last year[9] - Cash flow from operating activities showed improvement, contributing positively to the overall financial health of the company[38] - The cash inflow from operating activities for Q1 2022 was RMB 434,386,291.64, an increase of 49.8% compared to RMB 289,962,157.32 in Q1 2021[39] - The net cash flow from operating activities decreased to RMB 48,921,990.91 in Q1 2022, down 16.8% from RMB 58,510,313.79 in Q1 2021[42] - The cash outflow from operating activities totaled RMB 385,464,300.73 in Q1 2022, an increase of 66.5% from RMB 231,451,843.53 in Q1 2021[42] - The company received RMB 96,131,250.00 in cash from financing activities in Q1 2022, compared to no cash inflow in Q1 2021[42] - The cash outflow related to financing activities was RMB 185,273.36 in Q1 2022, slightly higher than RMB 131,926.57 in Q1 2021[42] Equity and Investments - Shareholders' equity attributable to the parent company was ¥1,767,297,170.86, reflecting a 15.49% increase from ¥1,530,306,957.58 at the end of the previous year[9] - Total equity attributable to shareholders increased to ¥1,767,297,170.86 from ¥1,530,306,957.58, marking a 15.5% rise[28] - The increase in capital reserve to ¥690,826,329.38 from ¥576,805,557.16 reflects the company's strong financial position and ability to reinvest in growth initiatives[28] - The company reported a significant decrease in employee compensation liabilities from RMB 24.67 million to RMB 5.30 million, a reduction of approximately 78.54%[26] - The company has not disclosed any new product developments or market expansion strategies during this reporting period[27] - There were no significant mergers or acquisitions reported in the current financial period[27] Research and Development - Research and development expenses for Q1 2022 amounted to ¥16,947,476.66, compared to ¥13,479,114.76 in Q1 2021, indicating a 25.5% increase[32] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[30]