ZHENHUA(SZ:000733)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥1,885,911,599.57, representing a 44.16% increase compared to ¥1,308,219,680.89 in the same period last year[3]. - Net profit attributable to shareholders for Q1 2022 was ¥607,328,795.62, a significant increase of 146.21% from ¥246,668,536.72 in the previous year[3]. - The net profit after deducting non-recurring gains and losses was ¥590,500,719.12, up 150.83% from ¥235,414,077.40 year-on-year[3]. - The operating profit for Q1 2022 was CNY 703,480,833.20, up from CNY 293,963,771.45 in Q1 2021, indicating a significant growth[16]. - The total comprehensive income for Q1 2022 was CNY 606,180,914.64, compared to CNY 247,730,386.23 in the same period last year, marking a substantial increase[17]. - The company reported a basic and diluted earnings per share of CNY 1.1721 for Q1 2022, compared to CNY 0.4791 in Q1 2021[18]. Cash Flow - The company's cash flow from operating activities increased by 25.36% to ¥29,714,198.80, compared to ¥23,703,090.55 in the same period last year[8]. - The net cash flow from operating activities for the current period is ¥29,714,198.80, an increase from ¥23,703,090.55 in the previous period, reflecting a growth of approximately 25.8%[20]. - Total cash inflow from operating activities reached ¥1,198,458,714.25, compared to ¥944,266,942.76 in the previous period, indicating a year-over-year increase of about 26.9%[20]. - Cash outflow from operating activities totaled ¥1,168,744,515.45, up from ¥920,563,852.21, representing an increase of approximately 27%[20]. - The cash flow from investing activities showed a net outflow of ¥127,377,990.90, worsening from a net outflow of ¥44,453,009.73 in the previous period[20]. - Cash inflow from financing activities was ¥71,429,240.16, down from ¥99,163,510.64, a decrease of about 28.0%[20]. - The net cash flow from financing activities was -¥246,443,915.91, compared to -¥126,630,303.37 in the previous period, indicating a significant increase in cash outflow[20]. - The ending balance of cash and cash equivalents was ¥1,296,521,669.48, compared to ¥767,716,145.70 in the previous period, showing a substantial increase of approximately 68.8%[21]. - The company paid ¥164,501,988.05 in taxes, significantly higher than ¥85,556,084.10 in the previous period, reflecting an increase of about 92.0%[20]. Assets and Liabilities - Total assets at the end of Q1 2022 were ¥11,908,633,191.24, reflecting a 7.07% increase from ¥11,122,768,868.08 at the end of the previous year[3]. - The total liabilities decreased from ¥3,000,000,000 to ¥2,800,000,000, showing a reduction of about 6.67%[14]. - The total liabilities increased to CNY 3,859,032,292.32 in Q1 2022 from CNY 3,685,539,261.80 in the previous year, showing a growth of 4.7%[16]. - The company's cash and cash equivalents at the end of the reporting period amounted to ¥1,305,130,690.76, down from ¥1,647,893,244.04 at the beginning of the year, representing a decrease of approximately 20.77%[13]. - Accounts receivable increased by 93.73% to ¥2,868,178,244.12, primarily due to increased revenue from new electronic components and extended payment terms[6]. - Inventory at the end of the reporting period was ¥1,969,139,501.36, an increase from ¥1,846,132,407.01, indicating a rise of about 6.66%[13]. - The company's total equity increased to CNY 8,049,600,898.92 in Q1 2022 from CNY 7,437,229,606.28 in the previous year, reflecting a growth of 8.2%[16]. Tax and Expenses - The company experienced a 107.90% increase in income tax expenses, amounting to ¥95,331,625.90, driven by higher total profits[7]. - The company reported a tax expense of CNY 95,331,625.90 for Q1 2022, up from CNY 45,854,996.24 in the previous year, indicating higher profitability[17]. - Research and development expenses for Q1 2022 were CNY 99,305,974.18, up from CNY 78,236,589.34 in Q1 2021, indicating a focus on innovation[16]. - The total operating costs for Q1 2022 were CNY 1,114,915,274.21, compared to CNY 987,330,894.87 in Q1 2021, which is an increase of 12.9%[16]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 23,333[9]. - The largest shareholder, China Zhihua Electronics Group Co., Ltd., holds 32.73% of the shares, totaling 169,573,344 shares[9]. Other Information - The company has not disclosed any new product or technology developments in the current report[12]. - There are no new strategies or market expansions mentioned in the current financial report[12].