Leaderdrive(SH:688017)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥93,853,241.98, representing a year-on-year increase of 22.01%[4] - The net profit attributable to shareholders was ¥36,504,004.64, with a slight increase of 0.18% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was ¥26,482,567.86, reflecting a growth of 10.78% year-on-year[4] - Total profit for Q1 2022 reached approximately 43.32 million, compared to 43.08 million in Q1 2021, reflecting a year-over-year increase of about 0.56%[20] - Net profit for Q1 2022 was approximately 36.63 million, slightly up from 36.45 million in Q1 2021, indicating a growth of about 0.47%[20] - The total comprehensive income for Q1 2022 was approximately 36.63 million, compared to 36.45 million in Q1 2021, marking a year-over-year increase of about 0.49%[21] - Basic earnings per share for Q1 2022 were 0.3031, a marginal increase from 0.3026 in Q1 2021[21] Cash Flow - The net cash flow from operating activities decreased by 60.21% to ¥9,121,720.37[4] - Cash flow from operating activities for Q1 2022 was approximately 9.12 million, down from 22.93 million in Q1 2021, representing a decline of about 60%[24] - Cash inflow from investment activities in Q1 2022 was approximately 151.46 million, compared to 88.76 million in Q1 2021, showing an increase of about 70.5%[24] - Cash outflow from investment activities for Q1 2022 was approximately 146.08 million, up from 105.27 million in Q1 2021, indicating an increase of about 38.8%[24] - Net cash flow from financing activities for Q1 2022 was approximately -10.09 million, compared to -9.98 million in Q1 2021, reflecting a slight increase in cash outflow[25] - The ending cash and cash equivalents balance for Q1 2022 was approximately 600.89 million, up from 521.39 million at the end of Q1 2021, representing an increase of about 15.2%[25] Research and Development - R&D expenses totaled ¥11,474,642.00, an increase of 69.64% year-on-year, accounting for 12.23% of operating revenue, up by 3.43 percentage points[6] - Research and development expenses rose to RMB 11,474,642.00 in Q1 2022, compared to RMB 6,764,247.24 in Q1 2021, marking a 70% increase[18] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,094,739,836.72, a slight increase of 0.49% from the end of the previous year[6] - The total assets of the company reached RMB 2,094,739,836.72 as of March 31, 2022, compared to RMB 2,084,461,088.36 at the end of 2021[17] - The total liabilities decreased to RMB 221,626,237.92 in Q1 2022 from RMB 250,152,317.78 in the previous year[16] - The equity attributable to shareholders increased to RMB 1,875,644,846.85 in Q1 2022 from RMB 1,836,964,049.10 in Q1 2021[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 6,996[10] - The top shareholder, Zuo Yuyu, holds 24,559,026 shares, representing 20.40% of the total shares[11] Other Financial Metrics - The weighted average return on equity was 1.97%, a decrease of 0.18 percentage points compared to the previous year[6] - Non-recurring gains and losses amounted to ¥10,021,436.78, with government subsidies contributing ¥8,094,096.17[8] - The total operating costs for Q1 2022 were RMB 59,067,848.75, up from RMB 43,214,763.59 in Q1 2021, reflecting a 37% increase[18] - The company reported a decrease in accounts payable to RMB 76,714,725.30 in Q1 2022 from RMB 87,820,805.66 in Q1 2021, a reduction of approximately 13%[16] - The company’s inventory increased to RMB 197,470,962.72 in Q1 2022 from RMB 179,218,565.95 in Q1 2021, reflecting an increase of about 10%[15] - The company’s short-term borrowings decreased significantly to RMB 4,658,838.21 in Q1 2022 from RMB 14,678,272.68 in Q1 2021, a reduction of approximately 68%[16] - Interest income for Q1 2022 was approximately 4.93 million, a slight decrease from 4.97 million in Q1 2021[20]