TAIJI GROUP(SH:600129)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 3,504,642,482.49, representing a year-on-year increase of 6.28%[4] - Net profit attributable to shareholders decreased by 20.03% to CNY 19,916,392.26, while the net profit excluding non-recurring gains and losses increased by 104.64% to CNY 71,193,959.23[4] - Net profit for Q1 2022 was approximately ¥17.62 million, a decrease of 12.1% compared to ¥20.06 million in Q1 2021[17] - The total profit for Q1 2022 was approximately ¥23.02 million, down 32.8% from ¥34.27 million in Q1 2021[17] - Other comprehensive income after tax for Q1 2022 was approximately -¥7.93 million, compared to -¥60.50 million in Q1 2021[17] Cash Flow - The net cash flow from operating activities was negative at CNY -40,690,205.97, a decline of 87.68% compared to the previous year[4] - The net cash flow from operating activities for Q1 2022 was approximately -¥40.69 million, an improvement from -¥330.38 million in Q1 2021[19] - Cash received from operating activities in Q1 2022 totaled approximately ¥3.20 billion, an increase from ¥2.60 billion in Q1 2021[19] - Net cash flow from investing activities was -$114.22 million, compared to $721.16 million in the previous period[20] - Cash inflow from financing activities totaled $518.50 million, an increase from $424.14 million year-over-year[20] - Cash outflow from financing activities was $479.77 million, down from $1.34 billion in the previous period[20] - The net cash flow from financing activities was $38.73 million, a significant improvement from -$917.19 million last year[20] - The ending cash and cash equivalents balance was $798.70 million, slightly up from $789.78 million in the previous period[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 13,797,112,940.18, an increase of 4.76% from the end of the previous year[5] - Total liabilities as of March 31, 2022, were CNY 11,181,430,850.65, compared to CNY 10,568,337,955.45 at the end of 2021, marking an increase of about 5.8%[14] - The company's total assets reached CNY 13,797,112,940.18, up from CNY 13,170,023,352.56, which is an increase of approximately 4.8%[14] - The non-current liabilities decreased to CNY 1,425,772,463.81 from CNY 1,570,985,954.52, showing a reduction of about 9.2%[14] Shareholder Information - Shareholders' equity attributable to the parent company was CNY 2,743,370,560.59, reflecting a slight increase of 0.6%[5] - The total equity attributable to shareholders increased to CNY 2,743,370,560.59 from CNY 2,727,075,186.70, reflecting a slight growth of approximately 0.6%[14] - The total number of ordinary shareholders at the end of the reporting period was 47,391[9] Receivables and Inventory - Accounts receivable increased by 36.42% due to higher sales, while notes receivable decreased by 50.09% due to endorsement transfers[7] - Accounts receivable increased significantly to CNY 2,450,037,887.85, up from CNY 1,795,991,749.36, indicating a growth of approximately 36.4%[12] - The company's inventory stood at CNY 2,306,162,922.34, a marginal increase from CNY 2,279,679,573.26, indicating a growth of about 1.2%[12] - The company's other receivables increased to CNY 351,979,098.74 from CNY 220,376,480.08, marking a significant growth of about 59.7%[12] Earnings Per Share - The basic and diluted earnings per share remained at CNY 0.04, unchanged from the previous year[4] - Basic and diluted earnings per share for Q1 2022 remained at ¥0.04, unchanged from Q1 2021[17] Operating Costs and Expenses - Total operating costs for Q1 2022 were approximately ¥3.41 billion, up 4.9% from ¥3.25 billion in Q1 2021[16] - Research and development expenses for Q1 2022 were approximately ¥18.99 million, a decrease of 9.9% from ¥21.08 million in Q1 2021[16] - Sales expenses for Q1 2022 increased to approximately ¥1.25 billion, up 25.0% from ¥998.19 million in Q1 2021[16]