Financial Performance - Revenue for the three months ended March 31, 2022, was RMB 6,549,196, a decrease of 49.5% compared to RMB 12,980,449 for the same period in 2021[9] - Gross profit for the same period was RMB 6,209,404, down 40.5% from RMB 10,491,412 in the previous year[9] - Profit before income tax was RMB 5,244,442, representing a decline of 46.5% from RMB 9,793,876 in Q1 2021[9] - Profit and total comprehensive income for the period was RMB 3,860,735, a decrease of 46.8% compared to RMB 7,262,177 in Q1 2021[9] - Basic earnings per share for Q1 2022 was RMB 1.11, down from RMB 2.02 in the same quarter of 2021, reflecting a decline of 45%[9] - Total revenue for the Group was RMB 6,549,196, a decline of 49.5% compared to RMB 12,980,449 in the same quarter of 2021[28] - The Group's profit for the period was approximately RMB 3.86 million, a decrease of approximately 46.83% from approximately RMB 7.26 million for the same period last year[78] Operating Expenses - Operating expenses increased to RMB 1,360,679, up 15.3% from RMB 1,179,800 in Q1 2021[9] - Administrative expenses decreased to RMB 3,516,700, down 16% from RMB 4,188,661 in the previous year[9] - Staff costs for the three months ended March 31, 2022, amounted to RMB 2,171,379, a decrease from RMB 3,009,734 in the same period of 2021, reflecting a reduction of approximately 27.8%[38] - Operating expenses increased to approximately RMB1.36 million, representing an increase of approximately 15.25% from approximately RMB1.18 million for the same period last year[85] Income and Gains - Other income and gains decreased to RMB 1,920,615, a decline of 25.3% from RMB 2,569,081 in Q1 2021[9] - Other income and gains were approximately RMB1.92 million, a decrease of approximately 25.29% from approximately RMB2.57 million for the same period last year[81] - Bank interest income rose to RMB 672,408, an increase of 8.5% from RMB 620,398 in 2021[28] - Maintenance service income increased to RMB 956,453, up 63.6% from RMB 584,906 in 2021[28] Taxation - Total income tax expense for the period was RMB 1,383,707, down from RMB 2,531,699 in the previous year, indicating a reduction of about 45.3%[44][45] - Current income tax for the period was RMB 885,757, down from RMB 2,006,238 in the previous year, representing a decrease of approximately 56.0%[44] - The Group's income tax expense was approximately RMB1.38 million, representing a decrease of approximately 45.45% from RMB2.53 million for the same period last year, primarily due to a decrease in profit before income tax[92] Strategic Focus and Business Development - The company continues to focus on finance leasing, factoring, and advisory services, with plans for market expansion and new product development in the medical equipment sector[10] - The Group has expanded into the operating lease business of 5G communication base stations to improve profitability and risk resistance[72] - A joint venture was established for research and development in commercial energy storage systems, which is expected to provide opportunities in the energy storage industry[72] - The Group's strategy has shifted from proactive business expansion to prudent management of risks and assets[78] Shareholder Information - As of March 31, 2022, Mr. Gong Liang held 80,000,000 domestic shares, representing 66.67% of the relevant class of shares[105] - Shenzhen Zhonglian Financial Holding Investment Development Co., Ltd. held 70,445,200 unlisted foreign shares, representing 47.12% of the relevant class of shares[109] - The total number of shares held by controlled corporations is significant, indicating concentrated ownership among major shareholders[115] - The company continues to attract substantial interest from institutional investors, as evidenced by the large shareholdings reported[137] Corporate Governance - The Group has complied with all code provisions of the Corporate Governance Code during the Reporting Period, ensuring high standards of corporate governance and transparency[95] - The audit committee reviewed the accounting principles and policies adopted by the Group and the unaudited condensed consolidated quarterly financial statements for the Reporting Period[97] - The Group's corporate governance practices are aligned with the GEM Listing Rules, ensuring compliance with required standards of dealings[99]
富银融资股份(08452) - 2022 Q1 - 季度财报