EASTCOM(SH:900941)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 613,651,620.73, representing a year-on-year increase of 1.15%[5] - The net profit attributable to shareholders was CNY 5,490,534.53, reflecting a significant increase of 27.30% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 676,629.68, which is a remarkable increase of 107.32% year-on-year[5] - The net cash flow from operating activities reached CNY 42,641,650.81, marking a substantial increase of 133.01% compared to the previous year[5] - The basic earnings per share were CNY 0.00437144, up by 27.30% year-on-year[5] - The company reported a total profit for Q1 2022 of CNY 9.33 million, an increase of 10.5% from CNY 8.44 million in Q1 2021[17] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,122,512,627.97, a slight increase of 0.36% from the end of the previous year[5] - The equity attributable to shareholders was CNY 3,289,813,224.81, showing a marginal increase of 0.14% compared to the previous year-end[5] - As of March 31, 2022, the total assets of the company amounted to RMB 4,122,512,627.97, an increase from RMB 4,107,850,328.72 at the end of 2021[13] - The company's total equity as of March 31, 2022, was RMB 3,334,368,134.03, slightly up from RMB 3,330,453,587.40[15] - The company reported a total liability of RMB 788,144,493.94, which is an increase from RMB 777,396,741.32[15] Cash Flow and Investments - The company's cash and cash equivalents decreased to RMB 970,267,944.02 from RMB 1,204,081,124.63, representing a decline of approximately 19.4%[13] - The company experienced a net cash outflow from investing activities of CNY 176.44 million, compared to a net inflow of CNY 396.64 million in Q1 2021[20] - The net cash flow from operating activities was CNY 42.64 million, a significant improvement from a negative CNY 129.18 million in the same period last year[20] Operational Metrics - Total operating costs decreased to CNY 619.43 million from CNY 620.24 million, reflecting a reduction of 0.13%[17] - Research and development expenses were CNY 39.18 million, down 4.3% from CNY 41.05 million in Q1 2021[17] - The company reported a weighted average return on equity of 0.17%, an increase of 0.03 percentage points[5] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 128,244[9] - The company reported a basic and diluted earnings per share of CNY 0.004, compared to CNY 0.003 in Q1 2021[18] Non-Recurring Items - Non-recurring gains and losses amounted to CNY 4,813,904.85, with significant contributions from asset disposals and government subsidies[8] - Other comprehensive income after tax was negative CNY 212.44 million, an improvement from negative CNY 1.03 million in Q1 2021[18] Inventory and Receivables - Accounts receivable increased slightly to RMB 1,027,664,307.85 from RMB 1,012,594,430.00, showing a growth of about 1.5%[13] - Inventory rose to RMB 819,973,734.16, up from RMB 708,029,315.53, indicating an increase of approximately 15.7%[13] Current Liabilities - Total current liabilities increased to RMB 784,273,165.46 from RMB 773,525,412.84, reflecting a rise of about 1.0%[14] Long-term Investments - The company's long-term investments increased to RMB 151,179,436.73 from RMB 149,573,369.68, showing a growth of about 1.1%[14] Market and Product Development - The company has not disclosed any significant new product developments or market expansion strategies in the current report[12] - There are no updates on mergers or acquisitions mentioned in the report[12]