JQH(SZ:002885)2022-04-22 16:00Financial Performance - The company's revenue for Q1 2022 was ¥453,704,335.47, representing a 30.92% increase compared to ¥346,543,645.92 in the same period last year[3] - Net profit attributable to shareholders was ¥10,287,717.01, a significant turnaround from a loss of ¥6,657,699.89, marking a 254.52% increase[3] - Basic earnings per share rose to ¥0.0572, compared to a loss of ¥0.04 per share in the same period last year, representing a 243.00% increase[3] - Total operating revenue for Q1 2022 was CNY 453.70 million, an increase of 30.9% compared to CNY 346.54 million in Q1 2021[17] - Net profit for Q1 2022 reached CNY 9.28 million, a significant turnaround from a net loss of CNY 6.27 million in Q1 2021[18] - Total comprehensive income for Q1 2022 was CNY 8.63 million, compared to a loss of CNY 5.61 million in Q1 2021[18] Cash Flow and Operating Activities - The net cash flow from operating activities improved to ¥12,329,855.98, compared to a negative cash flow of ¥26,693,638.73 in the previous year, reflecting a 146.19% increase[3] - The company reported a net cash flow from operating activities of CNY 12.33 million, compared to a negative cash flow of CNY 26.69 million in the previous year[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,923,702,096.80, up 2.88% from ¥1,869,861,010.14 at the end of the previous year[3] - The company's total liabilities amount to 1,109,638,287.25 RMB, compared to 1,060,436,590.80 RMB at the beginning of the year[16] - Current assets total 1,401,167,720.46 RMB, up from 1,344,304,230.07 RMB at the beginning of the year[15] - Cash and cash equivalents at the end of the reporting period are 260,620,754.66 RMB, an increase from 198,393,851.59 RMB at the beginning of the year[14] Shareholder Information - The total number of common shareholders at the end of the reporting period is 35,702[10] - The top shareholder, Zhang Lipin, holds 19.93% of shares, totaling 35,874,799 shares[10] - The company repurchased a total of 326,000 shares, accounting for approximately 0.1811% of the total share capital, with a total transaction amount of 5,251,590 RMB[12] Expenses and Costs - The company reported a significant increase in sales expenses, which rose by 72.78% to ¥12,011,196.56, attributed to expanded market efforts[7] - Total operating costs for Q1 2022 were CNY 447.95 million, up from CNY 358.08 million in the same period last year, reflecting a 25.1% increase[17] - The company incurred R&D expenses of CNY 19.21 million, slightly down from CNY 19.51 million in Q1 2021[17] - The company’s financial expenses increased to CNY 3.94 million in Q1 2022 from CNY 1.62 million in Q1 2021, primarily due to higher interest expenses[17] Tax and Investment Income - The company experienced a 496.72% increase in taxes payable, amounting to ¥7,515,474.40, due to a rise in the balance of value-added tax payable[7] - The company reported a decrease in investment income by 97.41%, down to ¥153,497.27, mainly due to reduced gains from foreign exchange forward contracts[7] Inventory and Receivables - Accounts receivable decreased to 547,079,193.33 RMB from 643,668,304.88 RMB at the beginning of the year[14] - Inventory increased to 511,410,586.22 RMB from 407,909,055.30 RMB at the beginning of the year[14] Return on Equity - The weighted average return on equity increased to 1.26%, compared to -0.83% in the same period last year, an improvement of 2.09%[3] - The total equity attributable to shareholders of the parent company is 818,747,619.22 RMB, slightly up from 813,096,567.23 RMB at the beginning of the year[16]