TYGF(SH:600506)2022-04-19 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥671,748,907.35, representing an increase of 4,668.63% compared to the same period last year[5]. - The net profit attributable to shareholders of the listed company was -¥8,146,898.63, indicating a significant loss[5]. - The net loss for Q1 2022 was CNY 8.15 million, compared to a net loss of CNY 1.74 million in Q1 2021, reflecting a worsening financial performance[18]. - The company's financial expenses in Q1 2022 amounted to CNY 22.69 million, with interest expenses specifically at CNY 23.33 million[18]. - The weighted average return on net assets was -3.42% for the reporting period[6]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,578,140,651.25, a decrease of 29.04% from the end of the previous year[6]. - The total assets as of March 31, 2022, were CNY 2.58 billion, down from CNY 3.61 billion at the end of 2021[15]. - The total liabilities as of March 31, 2022, were CNY 2.34 billion, a decrease from CNY 3.37 billion at the end of 2021[15]. - The company's cash and cash equivalents as of March 31, 2022, were CNY 249.42 million, a significant drop from CNY 1.43 billion at the end of 2021[14]. Cash Flow - The net cash flow from operating activities was ¥5,840,013.29, with no comparative data available[5]. - In Q1 2022, the company generated cash inflows from operating activities amounting to ¥722,769,137.97, a significant increase from ¥18,247,893.88 in Q1 2021, representing a growth of approximately 3,867%[19]. - The net cash flow from operating activities for Q1 2022 was ¥5,840,013.29, compared to a negative cash flow of ¥1,388,779.22 in Q1 2021, indicating a turnaround in operational performance[19]. - The total cash and cash equivalents decreased by ¥1,180,916,784.89 in Q1 2022, compared to a decrease of ¥2,675,037.30 in Q1 2021, indicating improved cash management despite the overall decline[19]. Revenue and Costs - The company's total operating revenue for Q1 2022 was CNY 671.75 million, a significant increase from CNY 14.09 million in Q1 2021[18]. - The total operating costs for Q1 2022 were CNY 677.39 million, compared to CNY 15.96 million in Q1 2021, indicating a substantial rise in costs[18]. - The company received ¥687,503,174.84 from sales of goods and services in Q1 2022, a dramatic increase from ¥17,983,103.29 in Q1 2021, showcasing strong revenue growth[19]. - The company paid ¥551,251,618.67 for goods and services in Q1 2022, up from ¥17,154,964.72 in Q1 2021, reflecting increased operational scale[19]. Investments and Other Activities - The company reported cash outflows from investment activities totaling ¥1,241,517,625.59 in Q1 2022, compared to ¥1,286,258.08 in the same period last year, reflecting a substantial investment strategy[19]. - The company reported a cash inflow of ¥46,102,054.59 from investment recoveries in Q1 2022, with no such inflows in Q1 2021, indicating successful investment management[19]. - The company’s cash outflow for other investment activities was ¥1,160,000,000.00 in Q1 2022, highlighting significant capital allocation towards growth initiatives[19]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,394[10]. - In Q1 2022, the consolidated net profit of the subsidiary Unification Petrochemical was CNY 15.23 million, while the company's consolidated net profit was CNY -8.15 million due to interest expenses from acquisition loans and shareholder borrowings[12]. Accounting Practices - The company did not apply new accounting standards in 2022, maintaining consistency in financial reporting practices[20].