2022-04-29 16:00Financial Performance - The operating revenue for the first quarter was CNY 7,244,375,059.60, representing a decrease of 17.57% compared to the same period last year[3]. - The net profit attributable to shareholders was CNY 2,214,329,655.76, down 33.08% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 2,172,172,527.14, a decrease of 33.74% compared to the previous year[3]. - The basic earnings per share were CNY 0.24, down 35.14% from the same period last year[3]. - Total operating revenue for Q1 2022 was CNY 7,244,375,059.60, a decrease of 17.6% from CNY 8,788,102,984.35 in Q1 2021[15]. - Net profit for Q1 2022 was CNY 2,298,361,508.37, down 31.7% from CNY 3,361,912,663.42 in Q1 2021[16]. - Investment income for Q1 2022 showed a loss of CNY 1,195,888,656.89, compared to a profit of CNY 2,908,052,172.86 in Q1 2021[15]. - Net interest income for Q1 2022 was CNY 806,077,987.46, down from CNY 945,312,607.09 in Q1 2021[15]. - The company reported a decrease in commission income from brokerage services, which was CNY 1,778,986,722.97 in Q1 2022 compared to CNY 1,785,948,637.99 in Q1 2021[15]. - The total comprehensive income for Q1 2022 was CNY 2,142,825,410.18, down from CNY 3,020,433,431.08 in Q1 2021[16]. - Net profit for Q1 2022 was CNY 1,995,694,314.66, down from CNY 2,292,075,302.86 in Q1 2021, representing a decline of 12.9%[23]. - Comprehensive income for Q1 2022 was CNY 1,993,513,373.83, compared to CNY 1,928,050,778.69 in Q1 2021, indicating a growth of 3.4%[24]. Cash Flow - The net cash flow from operating activities was CNY 11,728,028,968.54, an increase of 310.70% year-on-year[3]. - The net cash flow from operating activities for Q1 2022 was CNY 13,345,695,460.95, a significant increase from CNY 2,777,146,958.78 in Q1 2021, representing an increase of approximately 380%[26]. - Total cash inflow from operating activities reached CNY 58,041,808,637.21, compared to CNY 36,490,243,654.30 in the same period last year, indicating a year-over-year increase of about 59%[17]. - Total cash inflow from operating activities reached CNY 48,980,430,937.82, compared to CNY 23,511,752,621.07 in the same period last year, indicating a growth of about 108%[26]. - Cash outflow from operating activities totaled CNY 35,634,735,476.87, up from CNY 20,734,605,662.29 in Q1 2021, reflecting an increase of approximately 72%[26]. - The net cash flow from investing activities was CNY 1,972,112,348.45, down from CNY 8,081,662,717.82 in Q1 2021, reflecting a decrease of approximately 76%[18]. - The net cash flow from investment activities was CNY 918,786,468.82, a decrease from CNY 7,166,498,512.72 in the previous year[27]. - Cash inflow from financing activities totaled CNY 33,695,082,091.17, compared to CNY 51,135,908,819.65 in Q1 2021, showing a decline of about 34%[18]. - Cash inflow from financing activities amounted to CNY 22,727,531,826.50, down from CNY 43,113,608,883.11 in Q1 2021, representing a decline of about 47%[27]. - The net cash flow from financing activities was negative at CNY -4,408,278,733.09, compared to a positive CNY 12,072,297,085.01 in the same quarter last year[27]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 833,459,630,799.00, an increase of 3.32% from the end of the previous year[3]. - The total assets as of March 31, 2022, amounted to CNY 647,873,307,681.36, an increase from CNY 626,169,980,721.84 at the end of 2021, representing a growth of approximately 3.5%[20]. - The total liabilities decreased to RMB 146.83 billion from RMB 149.23 billion, reflecting a reduction of approximately 1.6%[12]. - Total liabilities increased to CNY 676,523,250,086.98 in Q1 2022 from CNY 654,615,048,739.17 in Q1 2021, reflecting a growth of 3.3%[15]. - The total liabilities were CNY 110,000,000,000.00 as of March 31, 2022, compared to CNY 100,000,000,000.00 at the end of 2021, indicating an increase of 10%[20]. - The company’s financial investments totaled RMB 410.71 billion, compared to RMB 397.98 billion at the end of 2021, marking an increase of around 3.2%[12]. - The company’s financial investments reached CNY 299,023,995,418.05, up from CNY 282,650,626,416.56 in the previous year, reflecting a growth of about 5.8%[20]. - The total equity attributable to shareholders at the end of the reporting period was CNY 153,239,034,464.14, up 3.24% from the end of the previous year[3]. - The company’s total equity increased to RMB 686.63 billion, up from RMB 657.42 billion, representing a growth of approximately 4.4%[12]. - Total equity rose to CNY 131,423,231,268.53 from CNY 126,702,081,824.87, an increase of 4.3%[21]. Strategic Initiatives - The company reported a significant increase in the amount of borrowed funds, with a rise of 198.01% in the amount of funds borrowed from others, totaling CNY 41,776,567,397.64[5]. - The company received government subsidies amounting to CNY 60,751,065.69, which is an increase compared to the previous year[6]. - The company experienced a 30.98% decrease in settlement reserve funds, totaling CNY 28,704,730,482.60, primarily due to a reduction in customer reserve funds[5]. - Huatai Securities' subsidiary, Huatai International Financial Holdings, completed the merger of its subsidiary AssetMark Financial, indicating strategic consolidation efforts[10]. - The company increased its capital contribution to Huatai Innovation Investment by RMB 300 million, raising the total contribution to RMB 2.6 billion, reflecting ongoing investment in growth initiatives[10].