Financial Performance - The company's operating revenue for Q1 2022 was CNY 7,337,087,526.07, representing a decrease of 3.20% compared to the same period last year[3] - Net profit attributable to shareholders of the listed company was CNY 1,555,288,063.74, down 21.65% year-on-year[3] - Basic and diluted earnings per share were both CNY 0.14, reflecting a decrease of 30.00% compared to the previous year[3] - Total revenue for Q1 2022 was RMB 7,337,087,526.07, a decrease of 3.2% compared to RMB 7,579,622,186.24 in Q1 2021[19] - Net profit for Q1 2022 was approximately ¥1.56 billion, down 22.3% from ¥2.00 billion in Q1 2021[20] - Operating profit for Q1 2022 decreased to approximately ¥1.70 billion, a decline of 32.7% compared to ¥2.53 billion in Q1 2021[20] - Total comprehensive income for Q1 2022 was approximately ¥1.47 billion, a decrease of 21.7% from ¥1.88 billion in Q1 2021[21] - The company's investment income for Q1 2022 was RMB 837,950,183.75, a significant decrease of 52.5% from RMB 1,758,000,983.66 in Q1 2021[19] Cash Flow - The net cash flow from operating activities increased significantly by 90.64%, amounting to CNY 17,432,704,552.09[3] - The net cash flow from financing activities was CNY 2,232,897,163.96, a significant improvement compared to a cash outflow of CNY 5,769,509,283.35 in the previous year[7] - Cash flow from operating activities for Q1 2022 was approximately ¥20.83 billion, significantly up from ¥5.93 billion in Q1 2021[33] - Cash flow from investing activities for Q1 2022 showed a net outflow of approximately ¥16.84 billion, compared to a net inflow of ¥1.20 billion in Q1 2021[34] - The cash flow from financing activities net amount was RMB 2,232,897,163.96, a significant improvement from a negative RMB 5,769,509,283.35 in the previous year[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 577,306,732,958.21, an increase of 3.07% from the end of the previous year[4] - Total liabilities rose to RMB 475,807,128,167.22 as of March 31, 2022, compared to RMB 461,156,981,445.01 at the end of 2021, an increase of 3.2%[17] - The total assets as of March 31, 2022, were RMB 493,036,573,163.13, an increase from RMB 473,359,232,087.04 as of December 31, 2021[25][27] - The total equity as of March 31, 2022, was RMB 98,546,185,800.34, an increase from RMB 96,220,995,859.41 at the end of 2021[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 95,686[8] - The largest shareholder, China Galaxy Financial Holdings Co., Ltd., holds 5,186,538,364 shares, representing 51.16% of the total shares[9] - The second largest shareholder, Hong Kong Central Clearing (Agent) Limited, holds 3,688,342,546 shares, accounting for 36.38% of the total shares[9] - The company has no shares under pledge, marking a stable ownership structure[9] - The total number of circulating shares held by the top ten unrestricted shareholders is 5,186,538,364, which is significant for liquidity considerations[10] Management and Governance - The company appointed a new vice president and business director in March 2022, indicating a shift in management structure[14] - The board of directors includes Chairman Chen Gongyan and Vice Chairman and President Chen Liang[36] - The company has a diverse board with both executive and independent non-executive directors[36] - The board composition reflects a mix of experience and expertise, which may enhance decision-making processes[36] Regulatory Compliance and Reporting - The company implemented new accounting standards starting in 2022, affecting the financial statements from the beginning of the year[36] - The financial report adjustments are part of the company's ongoing efforts to align with international accounting practices[36] - The company is focused on maintaining compliance with regulatory requirements in the financial sector[36] - The implementation of new accounting standards is expected to improve the accuracy of financial reporting[36] - The company aims to provide stakeholders with clear and reliable financial information moving forward[36] Other Financial Metrics - The company reported a significant increase in short-term financing payables, which rose by 39.82% to CNY 39,146,651,582.51[7] - Client deposits decreased to RMB 98,980,090,512.27 as of March 31, 2022, down from RMB 100,487,945,980.45 at the end of 2021, representing a decline of 1.5%[16] - The company experienced a foreign exchange loss of RMB 48,190,281.80 in Q1 2022, compared to a gain of RMB 13,076,740.49 in Q1 2021[24] - The company recorded a tax expense of approximately ¥51.09 million in Q1 2022, a significant decrease from ¥390.30 million in Q1 2021[29]
中国银河(06881) - 2022 Q1 - 季度财报