2022-04-29 16:00Revenue and Profit - Revenue for Q1 2022 reached ¥1,910,323,745.74, a 50.67% increase compared to ¥1,267,876,796.45 in the same period last year[5] - Net profit attributable to shareholders was ¥234,943,371.65, reflecting a 63.74% increase from ¥143,483,266.73 year-on-year[5] - Basic earnings per share increased to ¥0.1601, up 63.70% from ¥0.0978 in the same period last year[5] - Operating profit for Q1 2022 was ¥283,490,135.32, a 55.54% increase from ¥182,256,245.68 in the same period last year[11] - Net profit for the quarter was CNY 235,239,208.83, compared to CNY 142,677,904.44 in the same period last year, reflecting a growth of approximately 64.7%[30] - Total comprehensive income reached ¥230,706,330.71, up from ¥150,660,916.07 in the previous period, indicating a significant increase[40] - Basic and diluted earnings per share improved to ¥0.1601 from ¥0.0978, reflecting a growth of approximately 63.5%[42] - The comprehensive income attributable to the parent company was ¥229,877,989.65, up from ¥151,343,035.84, indicating strong performance[40] Cash Flow - The net cash flow from operating activities was -¥1,378,827.28, a significant decline of 100.33% compared to ¥419,806,687.16 in the previous year[5] - Cash inflow from operating activities was ¥1,797,252,829.50, compared to ¥1,622,062,741.93 in the prior period, showing an increase of about 10.8%[44] - Cash inflow from investment activities totaled ¥1,358,175,685.65, slightly up from ¥1,286,550,262.68, while net cash flow from investment activities decreased to -¥88,020,516.24 from ¥297,313,031.90[49] - Cash inflow from financing activities was ¥1,426,538,930.97, an increase from ¥1,029,254,863.37, with net cash flow from financing activities rising to ¥616,763,600.63 from ¥72,788,524.98[49] - The ending balance of cash and cash equivalents was ¥1,997,256,205.52, down from ¥2,099,624,973.72 in the previous period[49] - The company reported a net increase in cash and cash equivalents of ¥517,622,771.48, compared to ¥769,379,717.55 in the prior period[49] Assets and Liabilities - Total assets at the end of the reporting period were ¥20,130,476,736.54, a 5.35% increase from ¥19,108,175,266.78 at the end of the previous year[5] - Current liabilities rose to CNY 5,732,113,230.57, up from CNY 4,791,469,653.07, which is an increase of approximately 19.7%[25] - Long-term borrowings decreased to CNY 1,239,870,555.32 from CNY 1,388,037,756.96, showing a reduction of about 10.7%[25] - The total liabilities increased to CNY 8,376,454,990.26 from CNY 7,584,859,851.21, reflecting a growth of about 10.4%[25] - The equity attributable to shareholders of the parent company rose to CNY 11,641,232,445.53 from CNY 11,411,354,455.88, an increase of approximately 2.0%[25] Shareholder Information - Total number of common shareholders at the end of the reporting period is 29,871[12] - Shenzhen Le Ren Technology Co., Ltd. holds 32.31% of shares, totaling 474,029,899 shares[12] - Urumqi Jintian Soil Equity Investment Partnership holds 27.81% of shares, totaling 408,041,280 shares[12] - HKSCC Nominees Limited holds 15.00% of shares, totaling 220,044,480 shares[12] Expenses and Investments - The company reported a significant increase in sales expenses, which rose by 35.67% to ¥120,294,534.92 due to higher marketing costs[8] - Investment income showed a drastic decline of 194.46%, resulting in a loss of ¥30,599,687.00 compared to a profit of ¥32,393,930.46 in the previous year[8] - Research and development expenses for the quarter were CNY 20,883,937.48, compared to CNY 17,792,316.55 in the previous year, indicating an increase of approximately 17.5%[30] - The company’s long-term equity investments decreased to RMB 1,109,635,762.98 from RMB 1,146,464,930.04, a decline of about 3%[19] Future Plans and Strategies - The company plans to issue bonds up to RMB 1.5 billion to support business development[16] - The first quarter report indicates a focus on expanding market presence and enhancing product development strategies[21]