TINCI(SZ:002709)2022-04-14 16:00Revenue and Profit - The company's revenue for Q1 2022 reached ¥5,149,060,455.78, representing a 229.71% increase compared to ¥1,561,681,383.49 in the same period last year[4] - Net profit attributable to shareholders was ¥1,497,921,285.53, a significant increase of 422.19% from ¥286,855,117.10 year-over-year[4] - Operating profit for Q1 2022 was CNY 1,869,592,588.14, compared to CNY 359,273,542.92 in Q1 2021, indicating an increase of about 420%[15] - Net profit for Q1 2022 was CNY 1,529,096,615.73, compared to CNY 292,049,178.82 in the same period last year, indicating an increase of about 423%[15] - The company reported a total profit of ¥1,869,640,680.72 for the current period, compared to ¥358,205,518.26 in the previous period, indicating a growth of approximately 422%[35] Cash Flow - The net cash flow from operating activities was ¥567,330,812.03, up 163.38% from ¥215,406,891.93 in Q1 2021[4] - The net cash flow from operating activities was 567,330,812.03 CNY, an increase from 215,406,891.93 CNY in the previous year[38] - The total cash outflow from operating activities amounted to 1,896,211,662.19 CNY, compared to 525,966,749.21 CNY in the same period last year[38] - The net cash flow from investing activities was -977,853,832.71 CNY, a decline from -206,086,447.70 CNY year-over-year[38] - The net cash flow from financing activities was 146,606,438.53 CNY, compared to 130,972,798.41 CNY in the same period last year[39] Assets and Liabilities - Total assets at the end of the reporting period were ¥16,268,458,456.00, reflecting a 17.05% increase from ¥13,899,180,424.37 at the end of the previous year[4] - The company's total liabilities increased to CNY 7,360,259,520.24 from CNY 6,529,316,159.56, marking an increase of about 13%[13] - The total current assets reached ¥11,052,380,932.80, up from ¥9,251,653,334.36[11] - The total liabilities of the company were CNY 7.36 billion, compared to CNY 6.53 billion in the previous year, marking an increase of around 12.6%[32] - The total owner's equity increased to CNY 8.91 billion, compared to CNY 7.37 billion in the previous year, indicating a growth of approximately 20.7%[33] Shareholder Information - The total number of common shareholders at the end of the reporting period is 115,772[8] - Xu Jinfeng holds 36.27% of the shares, amounting to 349,123,524 shares[8] - The top ten shareholders include Hong Kong Central Clearing Limited with a 7.93% stake, holding 76,292,680 shares[8] Research and Development - The company reported a 210.44% increase in R&D expenses, totaling ¥174,428,071.95, to maintain technological advantages[7] - Research and development expenses for Q1 2022 were CNY 174,428,071.95, significantly higher than CNY 56,187,421.59 in Q1 2021, showing an increase of approximately 210%[14] Inventory and Receivables - The company reported a 39.50% increase in inventory, amounting to ¥1,746,100,120.06, to meet production needs[6] - Accounts receivable increased to ¥3,597,843,641.77 from ¥3,385,530,015.39[11] - Inventory has risen to ¥1,746,100,120.06 compared to ¥1,251,640,153.37 in the previous period[11] - The total cash inflow from financing activities totaled 376,504,882.28 CNY, up from 327,778,623.17 CNY in the previous year[38] Financial Ratios - The weighted average return on equity rose to 18.97%, up from 8.13% in the previous year[4] - The total liabilities to equity ratio as of Q1 2022 was approximately 0.83, compared to 0.89 in Q1 2021, indicating a slight improvement in financial leverage[13] Taxation - The company reported a tax expense of CNY 340,544,064.99 for Q1 2022, compared to CNY 66,156,339.44 in the same period last year, reflecting an increase of approximately 415%[15] - The company paid 623,411,000.84 CNY in taxes, significantly higher than 98,604,434.10 CNY in the same period last year[38] Other Financial Metrics - Basic earnings per share increased to ¥1.57, a 406.45% rise compared to ¥0.31 in the previous year[4] - The company's cash and cash equivalents amount to ¥2,159,896,174.04, an increase from ¥2,147,824,420.60[11] - The company's financial expenses decreased by 50.81% to ¥7,192,499.95, mainly due to increased interest income[27] Audit Status - The report for the first quarter was not audited[40]