NHD(SZ:002946)2022-04-28 16:00Financial Performance - The company's revenue for Q1 2022 was CNY 2,316,708,597.45, representing a 15.02% increase compared to CNY 2,014,096,467.03 in the same period last year[3] - Net profit attributable to shareholders for Q1 2022 was CNY 43,454,520.66, a significant increase of 48.70% from CNY 29,222,846.36 in Q1 2021[3] - The net profit after deducting non-recurring gains and losses was CNY 34,776,123.21, reflecting a 66.97% increase compared to CNY 20,827,847.05 in the previous year[3] - Total operating revenue for the first quarter reached ¥2,316,708,597.45, an increase of 15.06% compared to ¥2,014,096,467.03 in the previous year[26] - Net profit attributable to the parent company was ¥43,454,520.66, representing a 48.66% increase from ¥29,222,846.36 in the prior year[29] - Basic and diluted earnings per share increased to ¥0.05 from ¥0.03 in the prior year[29] Cash Flow - The net cash flow from operating activities decreased by 35.65% to CNY 109,905,839.11 from CNY 170,804,817.59 in the same period last year[11] - The net cash inflow from operating activities was $109,905,839.11, a decrease of 35.6% compared to the previous period's $170,804,817.59[33] - Total cash inflow from investing activities was $21,811,821.71, down from $280,719,329.76 in the previous period[33] - The net cash outflow from investing activities was -$213,595,713.03, compared to -$180,199,703.36 in the previous period[33] - Cash inflow from financing activities totaled $710,315,800.00, a decrease of 35.8% from $1,107,263,587.68 in the previous period[36] - The net cash outflow from financing activities was -$31,731,506.24, compared to a net inflow of $47,310,371.82 in the previous period[36] - The ending balance of cash and cash equivalents was $374,789,014.86, down from $573,713,831.03 in the previous period[36] Assets and Liabilities - Total assets at the end of Q1 2022 were CNY 9,278,234,261.36, down 2.38% from CNY 9,504,187,773.35 at the end of the previous year[3] - The total assets of the company at the end of the period were ¥9,278,234,261.36, down from ¥9,504,187,773.35 at the beginning of the year[25] - The company's total liabilities decreased to ¥6,373,923,490.09 from ¥6,634,903,303.49 at the start of the year[25] - Total current assets decreased from 2,075,617,538.34 RMB at the beginning of the year to 1,829,371,495.29 RMB at the end of the period[19] - Cash and cash equivalents decreased from 515,242,729.55 RMB to 379,731,229.47 RMB[16] - Inventory decreased from 685,221,585.29 RMB to 609,181,773.88 RMB[19] - Short-term borrowings decreased from 1,754,638,738.55 RMB to 1,364,043,747.79 RMB[19] - Accounts payable decreased from 881,927,190.17 RMB to 792,429,420.27 RMB[19] - The company reported a total non-current asset value of 7,448,862,766.07 RMB[19] Shareholder Information - Universal Dairy Limited holds 64.57% of the shares, totaling 560,000,000 shares[12] - New Hope Investment Group Limited owns 15.50% of the shares, amounting to 134,393,946 shares[12] - The company has no preferred shareholders as indicated in the report[12] Other Financial Metrics - The weighted average return on equity increased to 1.64% from 1.10% year-on-year, an increase of 0.54%[3] - The company reported a significant increase in fair value gains of CNY 10,572,113.95, compared to a loss of CNY 128,512.93 in the same period last year, marking an increase of 8,326.50%[7] - The company experienced a 44.26% decrease in notes receivable, amounting to CNY 3,314,765.18, down from CNY 5,946,643.57[7] - Research and development expenses for the quarter were ¥8,991,981.91, a decrease from ¥10,607,897.15 in the same period last year[26] - The company reported a decrease in other comprehensive income, with a net amount of -¥23,211,107.52 compared to -¥640,664.28 in the previous year[29]