AWINIC(SH:688798)2022-04-25 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥595,225,621.83, representing a year-on-year increase of 20.11%[7] - The net profit attributable to shareholders for Q1 2022 was ¥57,509,350.87, reflecting a significant increase of 73.66% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥51,674,230.73, up by 63.83% year-on-year[7] - Total revenue for Q1 2022 reached ¥595.23 million, a 20.1% increase from ¥495.55 million in Q1 2021[33] - Net profit for Q1 2022 was ¥57.51 million, representing a 73.7% increase compared to ¥33.12 million in Q1 2021[35] - The company reported a total profit of ¥58.46 million for Q1 2022, up from ¥32.86 million in Q1 2021, reflecting strong operational performance[35] - The total comprehensive income for Q1 2022 was ¥56.80 million, compared to ¥33.90 million in Q1 2021, showing overall growth[38] Research and Development - The total R&D investment for the quarter was ¥147,941,526.08, which accounted for 24.85% of operating revenue, an increase of 9.73 percentage points[10] - Research and development expenses for Q1 2022 were ¥147.94 million, significantly higher than ¥74.94 million in Q1 2021, indicating a focus on innovation[33] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥49,827,371.27, a decline of 217.05% compared to the previous year[7] - Cash inflow from operating activities in Q1 2022 totaled ¥761.42 million, compared to ¥588.86 million in Q1 2021, marking a 29.3% increase[38] - The company reported a significant increase in cash outflow for investment activities compared to the previous period, indicating a strategic shift in investment focus[41] - The ending balance of cash and cash equivalents was $712.35 million, down from $1.96 billion at the beginning of the period[43] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,484,195,044.63, a slight increase of 0.71% from the end of the previous year[10] - Total current assets reached RMB 3,672,094,729.98, slightly up from RMB 3,665,770,914.35 in the previous year[24] - Non-current assets totaled RMB 812,100,314.65, compared to RMB 786,700,376.11 at the end of 2021[27] - Total liabilities decreased to RMB 657,736,696.42 from RMB 724,578,234.94 in the previous year[29] - The company's equity attributable to shareholders increased to RMB 3,826,458,348.21 from RMB 3,727,893,055.52[29] Expenses - The company recorded a significant increase in sales expenses by 70.22%, attributed to increased sales revenue and personnel costs[14] - Total operating costs for Q1 2022 were ¥534.57 million, up 18.2% from ¥452.40 million in Q1 2021[33] Earnings Per Share - Basic and diluted earnings per share for Q1 2022 were both ¥0.35, an increase from ¥0.27 in Q1 2021[38] Other Financial Metrics - The weighted average return on net assets decreased by 6.81 percentage points to 1.52%[10] - The company experienced a decrease in other comprehensive income, with a net amount of -¥704.53 million in Q1 2022 compared to ¥787.48 million in Q1 2021[35] - The company’s cash management strategy led to a 62.96% decrease in cash and cash equivalents due to investments in financial products[14]