JEE(SH:688162)2022-04-25 16:00Financial Performance - The company achieved operating revenue of CNY 549,187,954.29, representing a year-on-year increase of 68.75%[5] - Net profit attributable to shareholders was CNY 36,233,917.12, reflecting a growth of 3.11% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 49.76%, amounting to CNY 15,591,185.21[5] - The total operating revenue for Q1 2022 was RMB 549,187,954.29, an increase of 68.8% compared to RMB 325,451,929.18 in Q1 2021[18] - The company's operating revenue for Q1 2022 was CNY 651,164,255.45, a significant increase of 96.8% compared to CNY 330,601,488.61 in Q1 2021[22] - The net profit for Q1 2022 reached CNY 36,233,917.12, representing a slight increase from CNY 35,139,400.57 in the same period last year[20] - The total comprehensive income for Q1 2022 was CNY 36,180,547.89, compared to CNY 35,177,608.82 in Q1 2021, showing a growth of 2.8%[20] - The company reported a decrease in other comprehensive income, with a net loss of CNY -53,369.23 in Q1 2022, compared to a gain of CNY 38,208.25 in Q1 2021[20] - The company reported a net profit margin improvement due to increased revenue and controlled costs, although specific net profit figures were not disclosed in the provided content[18] Research and Development - Research and development expenses totaled CNY 40,406,387.22, an increase of 53.62% year-on-year, accounting for 7.36% of operating revenue[6] - Research and development expenses amounted to CNY 40,406,387.22, up from CNY 26,303,172.68, indicating a 54% increase year-over-year[22] - Research and development expenses for Q1 2022 were CNY 23,070,907.45, compared to CNY 15,016,194.00 in Q1 2021, indicating a year-over-year increase of 53.5%[30] - The company plans to continue investing in R&D to maintain product competitiveness and scale growth, focusing on smart manufacturing core equipment and next-generation electric control components[9] Assets and Liabilities - Total assets increased by 10.23% to CNY 6,159,343,877.58 compared to the end of the previous year[6] - As of March 31, 2022, total current assets reached RMB 5,845,132,527.91, compared to RMB 5,314,593,639.47 at the end of 2021, indicating an increase of 9.9%[15] - The total assets of the company reached RMB 6,159,343,877.58 as of March 31, 2022, compared to RMB 5,587,556,781.55 at the end of 2021, showing an increase of 10.2%[16] - Total liabilities as of March 31, 2022, were RMB 3,608,781,346.67, an increase from RMB 3,073,174,798.53 at the end of 2021, reflecting a rise of 17.4%[17] - The total liabilities increased to CNY 2,652,190,252.02 in Q1 2022 from CNY 2,353,573,616.56 in Q1 2021, reflecting a growth of approximately 12.7%[28] - The company's total assets as of March 31, 2022, amounted to CNY 5,167,809,752.91, up from CNY 4,812,134,245.00 at the end of 2021[28] - The company's retained earnings as of March 31, 2022, were RMB 320,276,672.97, up from RMB 284,042,755.85 at the end of 2021, indicating a growth of 12.7%[17] - The total equity of the company as of March 31, 2022, was CNY 2,515,619,500.89, up from CNY 2,458,560,628.44 at the end of 2021, showing a growth of 2.3%[28] Cash Flow - The company’s cash flow from operating activities was CNY 39,652,056.50, primarily due to increased sales collections[6] - The net cash flow from operating activities was CNY 39,652,056.50, recovering from a negative cash flow of CNY -3,619,598.06 in Q1 2021[22] - In Q1 2022, the net cash flow from operating activities was $150.53 million, a significant improvement from a net outflow of $38.45 million in Q1 2021, representing a turnaround of over 490%[33] - Cash inflow from sales of goods and services reached $622.80 million in Q1 2022, compared to $242.07 million in Q1 2021, marking an increase of approximately 157.5%[33] - The total cash inflow from operating activities was $669.75 million in Q1 2022, compared to $245.01 million in Q1 2021, indicating an increase of about 173.5%[33] - The total cash outflow from operating activities was $519.22 million in Q1 2022, up from $283.47 million in Q1 2021, indicating a rise of about 83.3%[33] - The cash outflow for employee compensation was $85.48 million in Q1 2022, up from $55.13 million in Q1 2021, reflecting a rise of approximately 55%[33] - The company incurred total operating expenses of CNY 676,619,509.60 in Q1 2022, compared to CNY 339,010,754.26 in Q1 2021, reflecting a 99.7% increase[22] Market and Orders - The company delivered 32,000 sets of new energy vehicle motor control components, a year-on-year increase of 158%, generating revenue of CNY 23,837,840.00, up 176%[9] - New orders for intelligent equipment business reached CNY 1.462 billion, a year-on-year increase of 56%[9] - The company is focusing on expanding its market presence and enhancing its product offerings, although specific new products or technologies were not detailed in the provided content[18] - The company has not disclosed any significant mergers or acquisitions during the reporting period, but it is advised to monitor for future strategic developments[18]