TCICL(SH:600281)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥98,474,481.19, representing a 21.18% increase compared to ¥81,260,368.55 in the same period last year[5] - The net profit attributable to shareholders decreased by 7.64% to ¥2,740,333.94 from ¥2,967,067.09 in the previous year[5] - The basic earnings per share for Q1 2022 was ¥0.0053, down 8.62% from ¥0.0058 in the same period last year[6] - Operating profit for Q1 2022 reached ¥7,602,286.30, a significant increase from ¥2,965,938.64 in Q1 2021[18] - Net profit for Q1 2022 was ¥2,740,333.94, a decrease of 7.6% compared to ¥2,966,998.03 in Q1 2021[19] - The company reported a total comprehensive income of ¥2,740,333.94 for Q1 2022, compared to ¥2,966,998.03 in Q1 2021[19] Assets and Liabilities - The total assets at the end of the reporting period increased by 11.17% to ¥1,013,560,374.49 from ¥911,716,437.72 at the end of the previous year[6] - Current assets as of March 31, 2022, amount to ¥614,218,147.53, an increase from ¥569,405,280.08 at the end of 2021[15] - Non-current assets total ¥399,342,226.96, up from ¥342,311,157.64 at the end of 2021[15] - Total liabilities amount to ¥528,913,825.62, an increase from ¥429,810,222.79 at the end of 2021[16] - The company has a total of ¥140,000,000.00 in long-term borrowings as of March 31, 2022[16] Cash Flow - The net cash flow from operating activities was negative at -¥14,269,494.58, compared to -¥10,230,010.52 in the same period last year[6] - Cash flow from operating activities in Q1 2022 was negative at -¥14,269,494.58, compared to -¥10,230,079.58 in Q1 2021[22] - Cash flow from investing activities was also negative at -¥54,631,043.15 in Q1 2022, compared to -¥160,207.08 in Q1 2021[22] - Cash flow from financing activities generated a net inflow of ¥83,999,999.99 in Q1 2022, compared to a net outflow of -¥118,926,915.04 in Q1 2021[23] - The ending cash and cash equivalents balance for Q1 2022 was ¥183,987,808.90, up from ¥65,785,257.30 in Q1 2021[23] Shareholder Information - Total number of ordinary shareholders at the end of the reporting period is 29,443[13] - The largest shareholder, Taiyuan Chemical Industry Group Co., Ltd., holds 223,653,339 shares, accounting for 43.48% of total shares[13] Other Key Developments - The company acquired 100% equity of a biodegradable materials company from its controlling shareholder, Taihua Group, to promote transformation and development[6] - The company recorded government subsidies of ¥60,555.56, which are closely related to its normal business operations[8] - Accounts receivable increased by 83.35%, primarily due to an increase in receivables from precious metal processing[10] - Prepayments decreased by 79.83%, mainly due to a reduction in advance payments for goods[10] - The company reported a 1,134.83% increase in advance receipts, indicating a significant rise in pre-received payments[10]