2022-04-28 14:42Financial Performance - Net profit attributable to shareholders decreased by 4.39% to RMB 666.09 million year-on-year[3]. - Operating income fell by 34.45% to RMB 2.18 billion, primarily due to a decrease in net commission and fee income, investment income, and other business revenues[3]. - The company reported a significant decrease in net income from commission and fee income by 22.50% due to declines in brokerage and investment banking business[7]. - The company's net profit for the first quarter of 2022 was RMB 479.67 million, a decrease of 2.5% compared to RMB 491.89 million in the same period of 2021[27]. - Operating income for the first quarter of 2022 was RMB 1.37 billion, down 22.6% from RMB 1.76 billion in the first quarter of 2021[26]. - The net income from commission and fees in Q1 2022 was RMB 1.55 billion, a decrease of 22.4% compared to RMB 2.00 billion in Q1 2021[18]. - The company reported an operating profit of RMB 913.93 million for Q1 2022, slightly down from RMB 934.35 million in the same period last year, indicating a decrease of about 2.4%[18]. - The company experienced a decrease in net profit margin, which may impact future investment strategies[20]. Assets and Liabilities - Total assets increased by 4.21% to RMB 249.19 billion compared to the end of the previous year[2]. - The company's total liabilities reached RMB 185.40 billion as of March 31, 2022, compared to RMB 180.51 billion at the end of 2021, indicating an increase of about 2.4%[16][17]. - As of March 31, 2022, the total assets of the company amounted to RMB 249.19 billion, an increase from RMB 239.11 billion as of December 31, 2021, representing a growth of approximately 4.5%[15][17]. - The company's total liabilities as of March 31, 2022, amounted to RMB 134.98 billion, an increase from RMB 132.39 billion as of December 31, 2021, reflecting a growth of approximately 1.9%[24]. - The company's equity increased to RMB 64.76 billion as of March 31, 2022, compared to RMB 59.76 billion at the end of 2021, marking an increase of about 8.4%[25]. Cash Flow - Net cash flow from operating activities surged by 190.69% to RMB 19.65 billion, driven by increased cash inflows from borrowed funds and financial assets held for trading[3][5]. - The net cash flow from operating activities for Q1 2022 was approximately 19.65 billion, significantly higher than 6.76 billion in Q1 2021, indicating an increase of about 190.5%[21]. - The company reported a significant increase in cash inflow from operating activities, indicating improved operational efficiency[21]. - Cash inflow from financing activities in Q1 2022 totaled approximately 17.04 billion, compared to 26.17 billion in Q1 2021, a decrease of about 34.8%[22]. - The company issued perpetual bonds in Q1 2022, raising approximately 4.50 billion[22]. - The company reported a net cash outflow from financing activities of CNY (527,104,848.88) in Q1 2022, contrasting with a net inflow of CNY 3,472,279,175.56 in Q1 2021[29]. - The cash flow from operating activities showed strong performance, indicating robust operational efficiency and increased revenue generation capabilities[28]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 202,308[8]. - China Everbright Group holds 1,159,456,183 shares, representing 25.15% of total shares[9]. - China Everbright Holdings Limited owns 956,017,000 shares, accounting for 20.73% of total shares, with 5,620,000 shares frozen[9]. - Hong Kong Central Clearing (Agent) Limited possesses 703,688,100 shares, which is 15.26% of total shares[9]. - China Securities Finance Corporation holds 130,090,372 shares, representing 2.82% of total shares[9]. - The total number of A-share shareholders is 202,140, while H-share registered shareholders are 168[13]. - The top ten shareholders and top ten unrestricted shareholders have no securities held in margin accounts[13]. - The company has no known relationships or concerted actions among the aforementioned shareholders[12]. Operational Insights - The report indicates that there are no significant operational issues to remind investors about[14]. - The company has not provided any audited financial statements for the quarter[14]. - The company's total operating expenses for the first quarter of 2022 were RMB 739.64 million, down from RMB 1.15 billion in the first quarter of 2021, indicating a reduction of about 35.8%[26]. - The company's financial investments in trading assets decreased to RMB 65.29 billion as of March 31, 2022, down from RMB 68.75 billion at the end of 2021, a decline of approximately 5.6%[15]. - The company's derivative financial liabilities increased significantly to RMB 963.35 million as of March 31, 2022, compared to RMB 512.05 million at the end of 2021, representing an increase of about 88.0%[16].