Jalon(SH:688357)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 196,874,549.15, representing a year-on-year increase of 56.95%[5] - The net profit attributable to shareholders was CNY 43,859,750.57, reflecting a growth of 33.59% compared to the same period last year[5] - Basic earnings per share increased by 33.33% to CNY 0.76, driven by the growth in net profit[6] - Total operating revenue for Q1 2022 reached ¥196,874,549.15, a significant increase of 57.0% compared to ¥125,436,139.42 in Q1 2021[21] - Operating profit for Q1 2022 was ¥50,778,720.23, up 47.9% from ¥34,344,529.74 in Q1 2021[22] - Net profit attributable to shareholders for Q1 2022 was ¥43,859,750.57, representing a 33.6% increase from ¥32,831,979.69 in Q1 2021[22] - Basic earnings per share for Q1 2022 was ¥0.76, compared to ¥0.57 in Q1 2021, reflecting a growth of 33.3%[23] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 78.76%, amounting to CNY 10,785,892.97, primarily due to increased cash payments for goods and services[6] - Cash flow from operating activities for Q1 2022 was ¥10,785,892.97, a decrease of 78.8% from ¥50,777,671.14 in Q1 2021[25] - The net cash flow from investing activities was $136,509,698.45, a significant improvement compared to a negative cash flow of $37,391,214.10 in the previous period, indicating a positive shift in investment performance[27] - The total cash and cash equivalents at the end of the period amounted to $434,267,983.98, up from $126,968,233.89 in the previous period, reflecting a net increase of $337,281,493.76[27] - The net cash flow from financing activities was $190,064,928.60, contrasting with a negative cash flow of $20,194,750.00 in the prior period, showcasing a strong financing position[27] - The total cash inflow from financing activities was $193,999,926.12, with cash outflows totaling $3,934,997.52, indicating effective capital management[27] - The company experienced a foreign exchange impact on cash and cash equivalents of -$79,026.26, which is a decrease compared to -$1,857,125.12 in the previous period[27] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 2,041,628,197.18, marking a 21.41% increase from the previous year[6] - As of March 31, 2022, the company's total assets reached RMB 2,041,628,197.18, an increase from RMB 1,681,652,249.15 as of December 31, 2021, reflecting a growth of approximately 21.4%[17] - The total current liabilities increased to RMB 552,415,494.93 from RMB 429,220,526.80, representing an increase of approximately 28.7%[17] - Total liabilities increased to ¥580,031,151.89 in Q1 2022, up from ¥457,312,255.53 in Q1 2021, marking a rise of 26.8%[21] - Total equity attributable to shareholders rose to ¥1,461,597,045.29 in Q1 2022, compared to ¥1,224,339,993.62 in Q1 2021, an increase of 19.4%[21] Research and Development - Research and development expenses totaled CNY 8,284,636.90, accounting for 4.21% of operating revenue, a decrease of 2.15 percentage points[6] - Research and development expenses for Q1 2022 were ¥8,284,636.90, an increase from ¥7,980,224.07 in Q1 2021, indicating a focus on innovation[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 5,236[11] - The largest shareholder, Li Jianbo, held 14,350,000 shares, representing 24.23% of the total shares[11] Strategic Direction and Market Activity - The company has not disclosed any new product developments or market expansion strategies in the current report[14] - There are no significant changes in the shareholder structure or related party transactions reported for this quarter[13] - The company did not report any new acquisitions or significant market expansions during this quarter, focusing instead on optimizing existing operations[28] - There were no new product launches or technological advancements mentioned in the earnings call, suggesting a period of consolidation[28] - The company has not indicated any changes to its strategic direction or new initiatives for the upcoming quarters[28] Other Financial Metrics - The weighted average return on equity was 3.05%, a decrease of 0.26 percentage points compared to the previous year[6] - Other comprehensive income for Q1 2022 was a loss of ¥260,789.82, compared to a loss of ¥2,225,344.40 in Q1 2021, showing improvement[22] - The company's accounts receivable increased to RMB 55,431,909.15 from RMB 39,781,058.01, reflecting a growth of approximately 39.5%[16] - The total non-current assets amounted to RMB 857,204,599.94, up from RMB 762,422,062.99, indicating an increase of about 12.4%[17] - The company reported a total of RMB 235,000,000.00 in trading financial assets, down from RMB 450,000,000.00, representing a decrease of approximately 47.8%[16] - The company's short-term borrowings and other financial liabilities were not detailed in the provided data, indicating a focus on liquidity management[17] - The cash flow from investment activities decreased from $899,967,957.81 to $676,518,782.68, reflecting a reduction in investment expenditures[27] - The company’s management has confirmed adherence to the new accounting standards effective from 2022, ensuring compliance and transparency in financial reporting[27]