POCO(SZ:300811)2022-04-26 16:00Revenue and Profit - The company's revenue for Q1 2022 was CNY 202,509,702.63, representing a 49.94% increase compared to CNY 135,060,276.12 in the same period last year[3] - Net profit attributable to shareholders for Q1 2022 was CNY 32,296,656.36, a 61.14% increase from CNY 20,042,223.85 in Q1 2021[3] - Total operating revenue for Q1 2022 was CNY 202,509,702.63, an increase of 49.9% compared to CNY 135,060,276.12 in the same period last year[18] - Net profit for Q1 2022 reached CNY 32,296,656.36, representing a 60.9% increase from CNY 20,042,223.85 in Q1 2021[19] - The total profit before tax for Q1 2022 was CNY 38,623,986.97, an increase from CNY 23,814,955.89 in Q1 2021[19] Cash Flow - The net cash flow from operating activities was negative CNY 28,668,268.00, a 14.26% decline compared to negative CNY 25,090,883.73 in the previous year[3] - Total cash inflow from operating activities was 99,170,611.73 CNY, up from 61,376,957.05 CNY in the previous period, reflecting a significant increase of approximately 61.5%[22] - Cash outflow from operating activities totaled 127,838,879.73 CNY, compared to 86,467,840.78 CNY in the previous period, representing an increase of about 47.9%[22] - The net cash flow from financing activities was 521,480,995.42 CNY, significantly higher than 8,325,009.83 CNY in the previous period, indicating a substantial increase[22] - The total cash and cash equivalents at the end of the period amounted to 328,316,556.26 CNY, compared to 79,064,035.12 CNY in the previous period, reflecting a significant increase[22] Assets and Liabilities - Total assets at the end of Q1 2022 reached CNY 1,758,403,306.95, up 44.75% from CNY 1,214,792,229.71 at the end of the previous year[3] - The company reported a total liability of CNY 620,815,174.19 as of the end of Q1 2022, significantly higher than CNY 224,043,536.58 in the previous year[16] - The total equity attributable to shareholders increased by 14.82% to CNY 1,137,588,132.76 from CNY 990,748,693.13 at the end of the previous year[3] - Total assets increased to RMB 1,758.40 million, up from RMB 1,214.79 million at the beginning of the year, representing a growth of approximately 44.9%[15] - The company's short-term borrowings remained stable at RMB 30.84 million, slightly down from RMB 30.86 million[15] Research and Development - Research and development expenses for Q1 2022 were CNY 11,142,348.68, reflecting a 45.15% increase compared to CNY 7,676,275.08 in the same period last year[8] - Research and development expenses for Q1 2022 amounted to CNY 11,142,348.68, up from CNY 7,676,275.08 in Q1 2021, indicating a focus on innovation[18] Financial Expenses - The company experienced a 290.39% increase in financial expenses, amounting to CNY 3,863,339.71, primarily due to interest on convertible bonds[8] - The company incurred financial expenses of CNY 3,863,339.71 in Q1 2022, compared to CNY 989,598.46 in the same period last year[18] Convertible Bonds - The company issued convertible bonds, raising CNY 423,300,000.00 during the reporting period[8] - The company issued 4.3 million convertible bonds with a total amount of RMB 43 million, which began trading on March 31, 2022[12] Inventory and Receivables - Trade receivables increased to RMB 298.89 million from RMB 276.29 million, reflecting a growth of approximately 8.2%[14] - Inventory levels rose to RMB 128.35 million from RMB 117.49 million, indicating an increase of about 9.3%[15]