OKE(SH:688308)2022-06-09 16:00Financial Performance - The company's revenue for Q1 2022 was CNY 261,896,824.78, representing a year-on-year increase of 16.39%[2] - Net profit attributable to shareholders was CNY 56,588,953.49, up 22.68% compared to the same period last year[2] - Total operating revenue for Q1 2022 was CNY 261,896,824.78, an increase of 16.4% compared to CNY 225,014,603.24 in Q1 2021[13] - Net profit for Q1 2022 reached CNY 56,588,953.49, up 22.7% from CNY 46,125,575.46 in Q1 2021[14] - Basic and diluted earnings per share for Q1 2022 were CNY 0.57, compared to CNY 0.46 in Q1 2021, reflecting a growth of 23.9%[15] Research and Development - R&D investment totaled CNY 14,127,745.27, marking a significant increase of 62.63% year-on-year[2] - The proportion of R&D investment to revenue was 5.39%, an increase of 1.53 percentage points from the previous year[3] - Research and development expenses increased significantly to CNY 14,127,745.27, a rise of 62.4% from CNY 8,686,980.42 in the previous year[13] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,991,400,089.36, a 3.02% increase from the end of the previous year[3] - The company's total equity reached CNY 1,551,375,520.87, an increase from CNY 1,494,482,043.59 in Q1 2021[13] - Total liabilities as of Q1 2022 amounted to CNY 440,024,568.49, slightly up from CNY 438,478,296.26 in the previous year[12] - The company's non-current assets totaled RMB 857,569,332.01, up from RMB 796,194,482.56, showing a growth of about 7.7%[11] Cash Flow - The net cash flow from operating activities was negative at CNY -4,575,429.99, indicating a decrease in cash inflow[2] - Cash flow from operating activities for Q1 2022 was CNY 134,842,444.23, an increase of 28.5% from CNY 104,969,227.35 in Q1 2021[17] - The net cash flow from investment activities was $8,384,231.51, a significant recovery from -$40,407,197.55 in the previous year[18] - Cash inflow from financing activities amounted to $40,000,000.00, with a net cash flow of $38,636,472.22 after outflows[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 3,577[6] Inventory and Receivables - Accounts receivable increased significantly to RMB 236,623,900.25 from RMB 132,733,172.43, representing an increase of about 78.3%[10] - Inventory levels rose to RMB 292,518,725.25 compared to RMB 272,129,634.94, indicating an increase of approximately 7.9%[11] Borrowings and Current Liabilities - The company's short-term borrowings surged to RMB 45,022,319.45 from RMB 5,005,555.56, marking a substantial increase of around 800%[11] - The total current liabilities increased, with accounts payable at RMB 97,194,245.28, slightly down from RMB 102,107,630.86[11] Other Information - The company has no significant new product launches or technological developments mentioned in the report[9] - There are no plans for market expansion or mergers and acquisitions indicated in the current report[9]