INT'L GROUP(SZ:000411)2022-04-29 16:00Financial Performance - The company's revenue for Q1 2022 was CNY 7,129,176,804.94, representing a 10.47% increase compared to CNY 6,453,585,764.63 in the same period last year[3] - Net profit attributable to shareholders was CNY 47,547,168.82, up 15.34% from CNY 41,224,972.28 year-on-year[3] - Basic earnings per share increased by 15.28% to CNY 0.1909 from CNY 0.1656 in the previous year[3] - Total operating revenue for Q1 2022 reached ¥7,129,176,804.94, an increase of 10.4% compared to ¥6,453,585,764.63 in Q1 2021[21] - Net profit for Q1 2022 was ¥99,818,774.94, up 8.5% from ¥92,263,855.36 in Q1 2021[22] - Operating profit for Q1 2022 was ¥141,483,609.91, a rise of 7.9% from ¥131,384,671.87 in Q1 2021[21] - The company reported a total comprehensive income of ¥99,848,195.85 for Q1 2022, compared to ¥92,251,761.37 in Q1 2021[22] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 13,708,099,857.02, an increase of 11.95% from CNY 12,245,334,519.36 at the end of the previous year[3] - Total assets increased to CNY 13.71 billion from CNY 12.25 billion, representing a growth of approximately 11.93% year-over-year[19] - Current assets rose to CNY 12.23 billion, up from CNY 10.74 billion, indicating a year-over-year increase of about 13.88%[19] - Total liabilities increased to CNY 10.09 billion from CNY 8.73 billion, showing a growth of about 15.59%[20] - The total liabilities and equity reached ¥13,708,099,857.02, up from ¥12,245,334,519.36 in the previous year[21] Cash Flow - The company reported a net cash flow from operating activities of CNY -1,294,868,315.84, slightly worse than CNY -1,270,433,692.30 in the previous year[3] - Cash flow from operating activities showed a net outflow of ¥1,294,868,315.84, slightly worse than the outflow of ¥1,270,433,692.30 in Q1 2021[25] - Cash and cash equivalents decreased by CNY 423,160,978.26, reflecting a reduction in cash inflows from financing activities[13] - Cash and cash equivalents at the end of Q1 2022 were ¥1,287,662,631.48, down from ¥1,382,607,701.62 at the end of Q1 2021[26] - The company experienced a decrease in cash flow from investing activities, with a net outflow of ¥28,467,229.69 compared to ¥22,629,066.51 in the previous year[25] Shareholder Information - The company's equity attributable to shareholders rose to CNY 1.94 billion, up from CNY 1.90 billion, reflecting an increase of approximately 2.66%[20] - The top shareholder, Zhejiang International Trade Group Co., Ltd., holds 24.27% of the shares, totaling 61,986,136 shares[15] - The company reported a total of 26,813 common shareholders at the end of the reporting period[15] Research and Development - Research and development expenses surged by 298.54% to CNY 2,003,555.46, driven by the development of new warehouse and transportation management systems[10] - Research and development expenses increased significantly to ¥2,003,555.46, compared to ¥502,726.29 in the previous year, marking a 297.5% increase[21] Operational Changes - The company experienced a 88.80% decrease in advance receipts, dropping to CNY 87,784.75 from CNY 784,025.10 due to reduced rental prepayments[8] - The company has a strong focus on expanding its market presence and enhancing product development strategies[16] - Accounts receivable increased significantly to CNY 6.86 billion, compared to CNY 5.37 billion at the beginning of the year, reflecting a growth of approximately 27.83%[19] - Inventory levels reached CNY 3.08 billion, up from CNY 2.90 billion, marking an increase of around 6.25%[19] - Short-term borrowings increased by 54.63% to CNY 2,800,108,275.41, attributed to increased bank loans[8] - Short-term borrowings surged to CNY 2.80 billion, compared to CNY 1.81 billion at the start of the year, representing a rise of approximately 54.67%[20]