Ceepower (SZ:300062)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥269,417,778.45, representing a 48.84% increase compared to ¥181,012,370.92 in the same period last year[4] - Net profit attributable to shareholders was ¥10,607,354.88, a significant increase of 181.11% from ¥3,773,316.53 year-on-year[5] - The basic earnings per share rose to ¥0.03, reflecting a 200.00% increase compared to ¥0.01 in the previous year[5] - The net profit for Q1 2022 was CNY 10,584,797.32, a significant increase of 179.5% compared to CNY 3,794,568.83 in Q1 2021[30] - Operating profit reached CNY 11,852,239.56, up from CNY 6,076,322.23, reflecting a growth of 95.5% year-over-year[30] - The company reported a total comprehensive income of CNY 10,979,604.96, compared to CNY 3,775,521.20 in the same period last year[31] - Basic and diluted earnings per share were both CNY 0.03, an increase from CNY 0.01 in Q1 2021[32] Assets and Liabilities - Total assets at the end of Q1 2022 reached ¥2,382,218,730.05, marking a 16.13% increase from ¥2,051,421,027.69 at the end of the previous year[5] - The total assets at the end of the period amounted to RMB 2,382,218,730.05, compared to RMB 2,051,421,027.69 at the beginning of the year, marking an increase of 16.0%[27] - The total liabilities decreased to RMB 1,164,507,406.16 from RMB 1,239,137,413.42, a reduction of 6.0%[27] - The company's total liabilities decreased by 57.25% in long-term borrowings, from ¥32,750,000.00 to ¥14,000,000.00, due to reclassification of current liabilities[9] Cash Flow and Investments - Cash flow from operating activities showed a net outflow of ¥33,860,034.47, a decline of 316.58% compared to a net inflow of ¥15,633,673.16 in the same period last year[5] - The cash flow from operating activities showed a net outflow of CNY 33,860,034.47, compared to a net inflow of CNY 15,633,673.16 in Q1 2021[34] - Cash investments amounted to 190,000,000.00, a significant increase of 12,566.67% due to deposits in structured savings[14] - The company incurred a cash outflow of CNY 210,589,611.14 in investment activities, compared to CNY 3,955,453.00 in Q1 2021[34] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 31,627[16] - The top shareholder, CHEN MANHONG, holds 17.81% of shares, totaling 62,080,000 shares[16] - The total number of restricted shares at the beginning of the period was 114,038,325, with 40,485,829 shares released during the period[21] - The company is a family-controlled enterprise with actual controllers being CHEN MANHONG, CHEN TIANXU, and WU HAO[17] Operational Highlights - The total operating costs for the first quarter were RMB 258,486,317.56, up from RMB 178,672,940.99, reflecting a year-over-year increase of 44.7%[29] - Research and development expenses for the quarter were RMB 7,763,624.00, compared to RMB 6,429,818.58 in the previous year, an increase of 20.8%[29] - The company plans to focus on market expansion and the development of new technologies in the smart distribution sector[22] Government Support - The company received government subsidies amounting to ¥294,687.54, which are closely related to its normal business operations[7]