CNANO(SH:688116)2022-04-28 16:00Financial Performance - The company's revenue for Q1 2022 reached ¥480,459,964.60, representing a year-on-year increase of 119.77%[6] - Net profit attributable to shareholders was ¥99,956,922.35, an increase of 87.67% compared to the same period last year[6] - The net profit after deducting non-recurring gains and losses was ¥95,489,817.50, reflecting an increase of 111.67% year-on-year[6] - Total operating revenue for Q1 2022 reached ¥480,459,964.60, a significant increase of 119.9% compared to ¥218,617,657.04 in Q1 2021[31] - Net profit for Q1 2022 was ¥99,879,202.20, representing an increase of 87.5% from ¥53,274,149.10 in Q1 2021[37] - Earnings per share for Q1 2022 were ¥0.43, compared to ¥0.23 in Q1 2021, reflecting a 87% increase[39] - The company reported a gross profit margin of approximately 29.4% for Q1 2022, compared to 25.5% in Q1 2021[35] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥3,505,050,154.94, a 35.32% increase from the end of the previous year[9] - Total liabilities amounted to ¥1,251,711,154.12, an increase from ¥587,923,093.70 in the previous period[31] - Total equity attributable to shareholders reached ¥2,234,071,536.57, up from ¥1,983,005,199.29[31] - The total current assets were reported at CNY 2.41 billion, compared to CNY 1.60 billion in the same period last year, reflecting a growth of about 50.4%[26] - The total current liabilities were reported at CNY 537.77 million, slightly down from CNY 548.44 million, indicating a decrease of about 1.2%[29] Cash Flow - The net cash flow from operating activities was negative at -¥7,560,232.54, a decrease of 138.48% compared to the previous year[6] - Cash inflow from operating activities for Q1 2022 was CNY 264,124,625.24, a significant increase from CNY 76,880,035.65 in Q1 2021, representing a growth of 243.5%[40] - Cash inflow from investment activities totaled CNY 436,864,764.45 in Q1 2022, up from CNY 133,979,219.11 in Q1 2021, indicating a growth of 226.5%[42] - Cash inflow from financing activities reached CNY 825,025,000.00 in Q1 2022, a significant rise from CNY 53,000,000.00 in Q1 2021, marking an increase of 1,557.5%[42] - The net cash flow from financing activities was CNY 804,167,793.11 in Q1 2022, compared to CNY 39,141,392.36 in Q1 2021, indicating a strong financing position[42] Research and Development - Research and development expenses totaled ¥19,127,548.49, which is 125.70% higher than the previous year, accounting for 3.98% of total revenue[9] - Research and development expenses for Q1 2022 were ¥19,127,548.49, compared to ¥8,474,772.78 in Q1 2021, indicating a focus on innovation[35] - Research and development expenses increased to CNY 16,582,866.51 in Q1 2022, compared to CNY 7,931,307.76 in Q1 2021, reflecting a growth of 109.5%[51] Government Support - The company received government subsidies amounting to ¥1,984,754.60, which are closely related to its normal business operations[10] Market Demand - The company experienced increased demand for its main product, carbon nanotube conductive paste, due to the growing market for high-quality battery materials[12]