RC(SZ:300596)2022-04-26 16:00Revenue and Profitability - Revenue for Q1 2022 reached ¥1,010,659,817.18, an increase of 23.04% compared to ¥821,422,925.46 in the same period last year[4] - Net profit attributable to shareholders was ¥126,246,491.44, up 39.66% from ¥90,396,947.81 year-on-year[4] - Net profit excluding non-recurring gains and losses was ¥125,466,715.11, reflecting a 43.82% increase from ¥87,237,737.08 in the previous year[4] - Basic earnings per share rose to ¥0.6158, a 39.67% increase compared to ¥0.4409 in the same period last year[4] - Net profit for the quarter was ¥125,218,058.20, a significant increase of 36.73% from ¥91,602,078.29 in the same period last year[32] - The net profit attributable to the parent company was approximately ¥126.25 million, compared to ¥90.40 million in the previous period, representing an increase of 39.7%[35] - The total comprehensive income attributable to the parent company was approximately ¥125.09 million, up from ¥88.98 million, reflecting a growth of 40.5%[35] - Basic and diluted earnings per share both increased to ¥0.6158 from ¥0.4409, marking a rise of 39.5%[35] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,924,630,711.53, representing a 6.22% increase from ¥5,577,662,386.18 at the end of the previous year[4] - Total liabilities rose to ¥3,173,409,175.15, compared to ¥2,951,610,333.29, indicating an increase of 7.49%[27] - The company's total assets increased to ¥5,924,630,711.53, up from ¥5,577,662,386.18, marking a growth of 6.21%[27] - Short-term borrowings increased to ¥719,175,765.98 from ¥656,245,603.47, representing a rise of 9.06%[27] - The company reported a significant increase in accounts payable, which rose to ¥431,004,701.98 from ¥398,009,791.54, an increase of 8.29%[27] Cash Flow - Cash flow from operating activities decreased by 18.07% to ¥37,360,730.31 from ¥45,599,776.45 in the previous year[4] - Cash inflows from operating activities totaled approximately ¥791.55 million, compared to ¥617.29 million in the previous period, indicating a growth of 28.2%[39] - Cash outflows from operating activities amounted to approximately ¥754.19 million, up from ¥571.69 million, representing an increase of 31.9%[39] - The net cash flow from operating activities was approximately ¥37.36 million, down from ¥45.60 million, showing a decrease of 18.5%[39] - Net cash flow from investing activities was approximately -¥96.68 million, compared to -¥127.87 million in the previous period, indicating an improvement of 24.4%[42] - Net cash flow from financing activities was approximately ¥47.92 million, down from ¥104.76 million, reflecting a decrease of 54.3%[42] - The ending balance of cash and cash equivalents was approximately ¥387.05 million, compared to ¥195.87 million in the previous period, showing an increase of 97.5%[42] - The company reported a tax refund of approximately ¥23.20 million, compared to ¥17.06 million in the previous period, representing a growth of 36.1%[39] Shareholder Information - The total number of common shareholders at the end of the reporting period is 9,488, with the top ten shareholders holding a combined 45.64% of shares[13] - Tianjin Lianlong Technology Group Co., Ltd. holds 15.83% of shares, while Lianlong International Group Co., Ltd. holds 12.22%[13] - The company has a pledge of 5,760,000 shares by Tianjin Lianlong Technology Group Co., Ltd.[13] Inventory and Receivables - Accounts receivable increased to CNY 640.74 million from CNY 576.16 million, reflecting a growth of approximately 11.2%[21] - Inventory levels rose significantly to CNY 1.02 billion, up from CNY 893.07 million, indicating a growth of around 14.6%[21] - The company experienced a 39.55% decrease in receivables financing, with a balance of ¥16,308,013.61 compared to ¥26,978,590.89 at the beginning of the period[8] Other Income and Expenses - Other income decreased by 42.38% to ¥2,169,817.36, down from ¥3,765,940.30 due to reduced government subsidies[12] - Research and development expenses totaled ¥40,033,425.12, which is an increase of 17.92% compared to ¥33,954,645.86 from the previous year[32] Acquisition Plans - The company plans to acquire 92.21% of Jinzhou Kangtai Lubricant Additive Co., Ltd. through a combination of stock issuance and cash payment[18] - The company intends to raise supporting funds by issuing shares to no more than 35 specific investors[18] Restricted Shares - The total number of restricted shares at the beginning of the period was 19,383,076, with 5,627,345 shares released during the period[17]