LPM(SH:605577)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was RMB 643,220,232.87, representing a year-on-year increase of 9.80%[7] - The net profit attributable to shareholders of the listed company was RMB 138,883,343.22, reflecting a growth of 5.06% compared to the same period last year[7] - The basic earnings per share (EPS) was RMB 0.3125, showing a decrease of 5.45% year-on-year[7] - The total operating revenue for Q1 2022 was RMB 643,220,232.87, an increase of 9.8% compared to RMB 585,814,325.14 in Q1 2021[26] - The total operating costs for Q1 2022 were RMB 495,839,701.89, up from RMB 442,199,338.97 in Q1 2021, reflecting a year-over-year increase of 12.1%[26] - The company reported a net profit margin improvement, with net profit for Q1 2022 expected to reflect operational efficiencies[26] - The net profit attributable to shareholders of the parent company for Q1 2022 was ¥138,883,343.22, compared to ¥132,199,773.30 in Q1 2021, representing an increase of approximately 5.1%[30] - The total profit for Q1 2022 was ¥138,884,701.73, up from ¥132,184,729.72 in Q1 2021, indicating a growth of about 5.3%[30] - Operating profit for Q1 2022 reached ¥139,053,082.62, compared to ¥131,840,406.53 in Q1 2021, reflecting an increase of approximately 5.4%[30] Cash Flow and Investments - The net cash flow from operating activities was RMB 184,474,837.84, with no applicable year-on-year comparison[7] - The cash flow from operating activities for Q1 2022 was ¥184,474,837.84, a significant improvement from a negative cash flow of ¥101,385,274.06 in Q1 2021[34] - The company reported a net cash outflow from investing activities of ¥298,122,915.41 in Q1 2022, compared to a net inflow of ¥25,270,023.65 in Q1 2021[36] - The cash and cash equivalents at the end of Q1 2022 amounted to ¥1,534,383,512.22, down from ¥1,067,734,876.50 at the end of Q1 2021[36] Assets and Liabilities - The total assets at the end of the reporting period amounted to RMB 5,049,329,597.06, an increase of 7.71% from the end of the previous year[9] - The total current assets as of March 31, 2022, amounted to RMB 2,808,016,121.53, compared to RMB 2,426,790,455.16 at the end of 2021, indicating a growth of 15.7%[22] - The total assets reached RMB 5,049,329,597.06 as of March 31, 2022, compared to RMB 4,687,841,159.80 at the end of 2021, representing an increase of 7.7%[26] - The total liabilities as of March 31, 2022, were RMB 1,939,629,099.25, compared to RMB 1,717,024,005.21 at the end of 2021, marking an increase of 12.9%[26] - The equity attributable to shareholders as of March 31, 2022, was RMB 3,109,700,497.81, up from RMB 2,970,817,154.59 at the end of 2021, reflecting a growth of 4.7%[26] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,793[16] - The largest shareholder, Heilongjiang Publishing Group Co., Ltd., held 256,080,000 shares, accounting for 57.62% of the total shares[16] Accounts Receivable and Inventory - The company reported a significant increase in accounts receivable by 211.22%, primarily due to unpaid amounts for the 2022 spring teaching materials[12] - Accounts receivable increased significantly to RMB 397,363,821.44 in Q1 2022 from RMB 127,678,625.31 in Q1 2021, showing a growth of 211.5%[22] - Inventory decreased to RMB 179,176,336.51 in Q1 2022 from RMB 232,770,572.03 in Q1 2021, a decline of 23.1%[22] Research and Development - Research and development expenses for Q1 2022 were ¥1,369,076.53, slightly down from ¥1,385,724.68 in Q1 2021, indicating a decrease of approximately 1.2%[30] Taxation - The company recorded a tax expense of ¥1,358.51 in Q1 2022, compared to a tax benefit of ¥15,043.58 in Q1 2021[30]