TYHI(SH:600169)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 1,865,344,747.98, representing a year-on-year increase of 1.34%[6] - Net profit attributable to shareholders was CNY 34,677,867.31, showing a significant increase of 152.99% compared to the same period last year[6] - Basic and diluted earnings per share were both CNY 0.0104, reflecting a year-on-year increase of 153.66%[9] - The total comprehensive income for Q1 2022 was CNY 40,687,734.89, compared to CNY 22,757,825.44 in Q1 2021, representing an increase of approximately 78.9%[33] - Net profit for Q1 2022 was approximately ¥41.72 million, compared to ¥21.90 million in Q1 2021, reflecting an increase of 90.8%[31] Assets and Liabilities - Total assets at the end of the reporting period were CNY 32,196,193,776.59, up 3.28% from the end of the previous year[9] - Total current assets as of March 31, 2022, amounted to CNY 23,782,744,531.32, an increase from CNY 22,818,281,078.35 in the previous year[18] - The company's total liabilities increased to approximately ¥26.33 billion in Q1 2022 from ¥25.35 billion in Q4 2021, marking a rise of 3.9%[27] - The total non-current liabilities increased to approximately ¥5.62 billion in Q1 2022 from ¥4.76 billion in Q4 2021, reflecting an increase of 18.0%[27] Cash Flow - The net cash flow from operating activities was CNY 71,435,673.37, a decrease of 24.25% year-on-year[6] - The total cash inflow from operating activities in Q1 2022 was CNY 1,843,085,115.78, compared to CNY 2,544,525,407.04 in Q1 2021, reflecting a decline of approximately 27.5%[34] - The cash outflow from operating activities in Q1 2022 was CNY 1,771,649,442.41, down from CNY 2,450,215,904.66 in Q1 2021, a decrease of about 27.7%[37] - The cash inflow from financing activities in Q1 2022 was CNY 2,258,650,000.00, compared to CNY 2,797,950,000.00 in Q1 2021, a decrease of approximately 19.3%[37] - The net cash flow from investing activities in Q1 2022 was -CNY 106,795,872.31, compared to CNY 415,269,019.57 in Q1 2021, indicating a significant decline[37] Shareholder Information - The company reported a total of 118,753 common shareholders at the end of the reporting period[15] - The largest shareholder, Taiyuan Heavy Machinery Group Co., Ltd., holds 29.03% of the shares[15] Research and Development - Research and development expenses increased by 44.39% due to intensified efforts in new product development[11] - The company's ongoing research and development efforts for new products and technologies, although specific details were not disclosed in the report[18] - Research and development expenses for Q1 2022 were approximately ¥49.34 million, up from ¥34.17 million in Q1 2021, showing a growth of 44.5%[27] Other Income and Expenses - Other operating income increased by 924.58% due to an increase in fines and penalties received[11] - The company reported a decrease of 51.98% in investment income due to reduced debt restructuring gains[11] - The company reported a decrease in other comprehensive income, with a net amount of approximately -¥1.03 million in Q1 2022 compared to ¥862,114.37 in Q1 2021[31] Equity and Return Metrics - The weighted average return on equity increased by 0.42 percentage points to 0.72%[9] - The total equity attributable to shareholders rose to approximately ¥4.83 billion in Q1 2022 from ¥4.80 billion in Q4 2021, an increase of 0.7%[27]