OTIC(SZ:000962)2022-04-25 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 254,054,566.75, representing a 24.93% increase compared to CNY 203,349,678.01 in the same period last year[4]. - Net profit attributable to shareholders reached CNY 49,656,846.07, a significant increase of 217.69% from CNY 15,630,769.09 year-on-year[4]. - The net profit after deducting non-recurring gains and losses was CNY 23,403,473.34, up 62.63% from CNY 14,390,895.49 in the previous year[4]. - Total operating revenue for the current period reached ¥254,054,566.75, an increase of 24.9% compared to ¥203,349,678.01 in the previous period[19]. - Net profit for the current period was ¥49,820,094.90, a significant increase from ¥15,816,959.02 in the previous period, representing a growth of 214.5%[20]. - Operating profit rose to ¥49,962,949.35, compared to ¥15,849,956.29 in the last period, marking an increase of 215.5%[20]. - Basic and diluted earnings per share were both ¥0.1126, up from ¥0.0355 in the previous period, reflecting a growth of 216.3%[21]. Assets and Liabilities - The company's total assets increased by 5.71% to CNY 1,742,440,184.86 from CNY 1,648,378,896.64 at the end of the previous year[4]. - As of March 31, 2022, the total assets amounted to RMB 1,742.44 million, an increase from RMB 1,648.38 million at the beginning of the year, reflecting a growth of approximately 5.7%[16]. - Total liabilities reached RMB 379.05 million, compared to RMB 339.15 million at the beginning of the year, marking an increase of approximately 11.8%[17]. - The company's total equity increased to RMB 1,363.39 million from RMB 1,309.22 million, reflecting a growth of approximately 4.1%[17]. - The company’s long-term investments increased to RMB 569.95 million from RMB 555.80 million, indicating a growth of approximately 2.5%[16]. - The company’s short-term borrowings remained stable at RMB 100 million, unchanged from the beginning of the year[17]. Cash Flow and Investments - Cash flow from operating activities showed a decline of 81.23%, amounting to CNY 8,015,076.51 compared to CNY 42,711,587.33 in the same period last year[4]. - Cash flow from operating activities generated a net amount of ¥8,015,076.51, down from ¥42,711,587.33 in the previous period[24]. - The company reported a significant increase in cash and cash equivalents, rising by 33.44% to CNY 152,109,885.23 due to increased sales and collections[8]. - Cash and cash equivalents at the end of the period totaled ¥152,109,885.23, an increase from ¥123,051,962.68 at the end of the previous period[24]. - Investment activities generated a net cash inflow of ¥31,363,820.30, compared to a net outflow of ¥201,623.00 in the previous period[24]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 47,936, with the largest shareholder holding 45.80% of the shares[11]. Other Financial Metrics - The weighted average return on equity improved to 3.74%, up from 1.28% in the previous year[4]. - The company recorded a profit from the disposal of non-current assets amounting to CNY 25,169,681.67, attributed to the sale of a property in Beijing[9]. - The company sold 6 properties through Beijing Property Exchange from February 22, 2022, to March 31, 2022, for a total transaction price of RMB 51.2404 million, positively impacting the net profit by RMB 25.1697 million for Q1 2022[13]. - Accounts receivable rose to RMB 196.81 million, up from RMB 141.81 million, indicating a growth of approximately 38.8%[15]. - Inventory levels increased to RMB 406.20 million from RMB 361.96 million, showing a rise of approximately 12.1%[15]. - The company reported a decrease in management expenses to ¥21,108,905.50 from ¥25,282,442.01 in the previous period, a reduction of 16.5%[20]. - Other comprehensive income after tax for the current period was -¥52,046.03, compared to ¥87,671.17 in the previous period[21].