NARADA(SZ:300068)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥2,897,750,236.74, a decrease of 16.25% compared to the same period last year[3]. - Net profit attributable to shareholders was ¥478,926,655.92, an increase of 1,510.49% year-on-year[3]. - The net cash flow from operating activities was ¥180,180,341.51, an increase of 160.79% compared to the previous year[3]. - Basic and diluted earnings per share were both ¥0.56, representing a significant increase of 1,766.67% year-on-year[3]. - The company reported a total comprehensive income of 464,953,337.76 CNY, up from 12,806,129.11 CNY in the previous period[36]. - The operating profit for the current period was 466,438,089.35 CNY, compared to 21,657,872.31 CNY in the previous period, indicating a substantial improvement[36]. - The company reported a significant increase in investment income, reaching 419,617,449.66 CNY, compared to a loss of -4,141,626.31 CNY in the previous period[36]. Assets and Liabilities - Total assets at the end of the reporting period were ¥13,549,464,590.15, a decrease of 2.04% from the end of the previous year[3]. - Total liabilities decreased to CNY 8,403,292,102.35 from CNY 9,695,298,577.31, a reduction of about 13.3%[29]. - The company's equity attributable to shareholders increased by 12.29% to ¥5,215,998,809.86 compared to the end of the previous year[3]. - Current assets totaled CNY 7,116,085,876.16, down from CNY 7,582,659,937.23, a decline of about 6.1%[26]. - The total liabilities decreased to 2,003,362,448.83 CNY from 1,521,746,435.67 CNY in the previous period, indicating improved financial stability[42]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 46,598, with the largest shareholder, Hangzhou Nandu Power Co., Ltd., holding 13.76% of shares, equating to 119,016,340 shares[12]. - Zhu Baoyi, a natural person, holds 4.09% of shares, amounting to 35,360,893 shares, with 26,520,670 shares under lock-up conditions[12]. - The top ten shareholders collectively hold significant stakes, with the first three shareholders accounting for approximately 20.89% of total shares[12]. - The company has a total of 30,367,749 shares under lock-up conditions at the end of the reporting period, with 457,573 shares released during the period[19]. - The company has implemented a strategy to release 25% of locked shares annually for certain executives, with specific release dates outlined[19]. - The company’s shareholder structure shows a mix of institutional and individual investors, reflecting a diverse ownership base[12]. Operational Insights - The company reported a net profit margin decline due to increased operating costs and reduced revenue, impacting overall profitability[30]. - The company has not reported any significant new strategies or market expansions in this quarter[19]. - There are no new products or technologies mentioned in the current report, indicating a potential area for future development[19]. - The report does not indicate any recent mergers or acquisitions, suggesting a stable operational focus for the current period[19]. - The company plans to focus on market expansion and new product development to drive future growth[30]. Cash Flow and Expenses - The net cash flow from financing activities decreased by 76.03% to ¥5,804,780.00, primarily due to reduced bank loans[11]. - The cash and cash equivalents at the end of the period were 485,799,959.69 CNY, down from 820,904,080.06 CNY at the beginning of the period[42]. - The company incurred interest expenses of 54,674,434.86 CNY, a decrease from 57,468,153.84 CNY in the previous period[36]. - Research and development expenses for the current period were CNY 73,120,852.27, slightly down from CNY 74,312,699.08 in the previous period[30].