SCMF(SZ:000731)2022-04-25 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 1,252,137,083.30, representing a 60.13% increase compared to CNY 781,927,197.57 in the same period last year[4]. - Net profit attributable to shareholders was CNY 178,698,756.81, a significant increase of 245.30% from CNY 51,751,698.68 year-on-year[4]. - Basic earnings per share rose to CNY 0.3051, up 248.69% from CNY 0.0875 in the same quarter last year[4]. - Operating profit increased by 232% to CNY 16,151,000 compared to the same period last year, driven by higher market prices for key products[10]. - Net profit for Q1 2022 was ¥196,885,236.49, up 225.5% from ¥60,605,829.35 in the same period last year[21]. - Operating profit for the quarter was ¥231,221,644.54, compared to ¥69,711,048.99 in Q1 2021, reflecting a growth of 231.5%[20]. - The company reported a total comprehensive income of ¥196,534,066.20 for Q1 2022, compared to ¥61,296,047.88 in Q1 2021, marking an increase of 221.5%[21]. Cash Flow and Assets - The net cash flow from operating activities surged to CNY 306,947,952.71, marking a 1,945.12% increase compared to CNY 15,008,822.46 in the previous year[4]. - The cash flow from operating activities generated a net amount of ¥306,947,952.71, a substantial increase from ¥15,008,822.46 in the previous year[22]. - Cash and cash equivalents rose to ¥764,326,085.95 from ¥662,329,937.03, an increase of about 15.4%[17]. - Cash and cash equivalents at the end of Q1 2022 totaled ¥761,326,085.95, up from ¥550,061,861.26 at the end of Q1 2021[23]. - Total assets at the end of the reporting period were CNY 4,634,827,698.46, reflecting a 5.05% increase from CNY 4,411,814,359.51 at the end of the previous year[4]. - The total assets increased to ¥4,634,827,698.46 from ¥4,411,814,359.51, reflecting a growth of about 5.0%[19]. Expenses and Liabilities - Sales expenses rose by 34% year-on-year, attributed to increased performance bonuses and travel expenses due to higher sales volume[8]. - The company’s total operating costs for Q1 2022 were ¥1,029,383,655.99, an increase of 42.8% from ¥720,622,927.19 in Q1 2021[20]. - The company’s tax expenses for Q1 2022 were ¥34,336,737.42, compared to ¥9,136,808.00 in Q1 2021, reflecting a rise of 276.5%[21]. - Total liabilities increased to ¥825,046,576.54 from ¥805,551,250.61, marking an increase of about 2.9%[19]. Equity and Investments - The total equity attributable to shareholders rose to ¥3,601,991,054.36 from ¥3,417,751,137.38, indicating an increase of approximately 5.4%[19]. - The long-term equity investments increased to ¥61,101,731.32 from ¥59,538,595.60, a growth of about 2.6%[18]. Current Assets - The total current assets increased to ¥2,511,970,596.17 from ¥2,253,048,151.83, representing a growth of approximately 11.5%[17]. - The company's accounts receivable increased to ¥78,218,170.90 from ¥61,409,524.55, representing a rise of approximately 27.3%[17]. - The company's inventory increased slightly to ¥345,243,652.28 from ¥336,958,411.24, reflecting a growth of approximately 2.5%[17]. - The company's prepayments increased to ¥200,619,495.22 from ¥157,120,923.30, an increase of approximately 27.6%[17]. - The total non-current assets decreased slightly to ¥2,122,857,102.29 from ¥2,158,766,207.68, a decline of about 1.7%[18]. Strategic Developments - The company did not report any new strategies related to product development, market expansion, or mergers and acquisitions in this quarter[4].