PAIKE(SH:605123)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥611,237,417.88, representing an increase of 87.68% compared to the same period last year[6] - The net profit attributable to shareholders for Q1 2022 was ¥107,482,280.74, reflecting a growth of 64.57% year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥104,648,896.71, up 74.55% from the previous year[6] - The basic earnings per share for Q1 2022 was ¥0.9952, an increase of 64.57% compared to the same period last year[9] - Total operating revenue for Q1 2022 reached ¥611,237,417.88, a significant increase of 87.7% compared to ¥325,673,295.50 in Q1 2021[32] - Net profit for Q1 2022 was ¥107,482,280.74, representing a 64.6% increase from ¥65,311,375.53 in Q1 2021[35] - The total comprehensive income for the period reached CNY 107,469,875.52, compared to CNY 65,311,375.53 in the same period last year, reflecting a significant increase[37] Assets and Liabilities - The company's total assets at the end of Q1 2022 were ¥3,304,083,245.39, a 5.47% increase from the end of the previous year[9] - The company's total liabilities as of Q1 2022 were ¥1,372,262,916.37, compared to ¥1,308,447,592.64 in the previous year, reflecting a growth of 4.9%[30] - The total assets of the company as of Q1 2022 were ¥3,304,083,245.39, compared to ¥3,132,798,046.14 in Q1 2021, reflecting a growth of 5.5%[32] - The total liabilities rose to CNY 1,368,735,472.15, compared to CNY 1,307,309,925.06, indicating a 4.7% increase[48] Cash Flow - The net cash flow from operating activities showed a net outflow of ¥48,750,865.09, which is a 63.57% increase in outflow compared to the previous year[10] - Cash inflows from operating activities totaled CNY 363,660,650.89, compared to CNY 196,117,006.31 in the previous year, indicating a strong growth in cash generation[40] - Cash outflows from operating activities amounted to CNY 412,411,515.98, leading to a net cash flow from operating activities of CNY -48,750,865.09, worsening from CNY -29,804,245.15 year-over-year[40] - The ending balance of cash and cash equivalents was CNY 268,234,576.92, down from CNY 339,612,410.99 in the previous year[42] - The total cash and cash equivalents at the end of Q1 2022 were $267.41 million, down from $339.56 million at the end of Q1 2021, a decrease of 21.2%[55] Research and Development - The company experienced a 67.34% increase in R&D expenses, indicating a continued investment in aerospace and new energy product development[13] - Research and development expenses in Q1 2022 amounted to ¥26,498,657.96, an increase of 67.1% from ¥15,835,374.48 in Q1 2021[32] - The company's R&D expenses for Q1 2022 were CNY 26,498,657.96, up from CNY 15,835,374.48 in Q1 2021, representing a 67.2% increase[48] Shareholder Information - Total number of common shareholders at the end of the reporting period is 9,071[16] - The largest shareholder, Zong Liping, holds 40,270,000 shares, accounting for 37.29% of total shares[16] - The company has no preferred shareholders with restored voting rights[16] - The total number of shares held by the top ten shareholders represents a significant portion of the company's equity, indicating concentrated ownership[21] Inventory and Receivables - The increase in accounts receivable by 52.90% was primarily due to business growth, leading to an increase in overdue receivables[13] - Accounts receivable increased to ¥941,125,652.46 from ¥615,506,131.30 year-over-year, reflecting a growth of approximately 52.73%[23] - Inventory as of March 31, 2022, is reported at ¥515,383,243.00, compared to ¥499,097,917.53 in the previous year, showing a slight increase[27] - The company’s inventory stood at CNY 515,383,243.00, slightly up from CNY 499,097,917.53 in the previous year, reflecting stable inventory management[42] Financial Health - The weighted average return on equity for Q1 2022 was 5.72%, an increase of 1.66 percentage points year-on-year[9] - The company's financial expenses decreased to CNY 154,999.96 from CNY 1,806,244.45, indicating a significant reduction in costs[48] - The company reported a credit impairment loss of ¥-14,157,604.49 in Q1 2022, worsening from ¥-3,396,619.43 in Q1 2021[35] - The company reported a credit impairment loss of CNY -14,157,604.49, compared to CNY -3,396,619.43 in the previous year, highlighting an increase in credit risk[51]