TENGDA CONST.(SH:600512)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 1,398,744,623.88, representing a decrease of 31.52% compared to the same period last year[5] - The net profit attributable to shareholders of the listed company was a loss of CNY 172,841,896.94, a decline of 142.98% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 85,991,384.08, down 78.29% from the previous year[5] - Basic and diluted earnings per share were both CNY -0.11, reflecting a decline of 144.00% year-on-year[5] - The weighted average return on equity was -2.90%, a decrease of 10.22 percentage points compared to the previous year[5] - The company reported a significant increase in R&D expenses, totaling CNY 47,590,298.82 in Q1 2022, compared to CNY 15,674,392.52 in Q1 2021, representing a growth of 203.5%[18] - The net profit for Q1 2022 was a loss of CNY 170,707,704.58, compared to a profit of CNY 395,368,076.00 in Q1 2021[19] - The total comprehensive income for Q1 2022 was CNY 31,420,921.80, reflecting a significant drop from CNY 82,477,204.23 in Q1 2021[27] Cash Flow and Assets - The net cash flow from operating activities was CNY 41,821,434.95, a decrease of 90.37% compared to the same period last year[5] - Cash inflow from operating activities for Q1 2022 was CNY 2,229,332,863.53, a decrease of 5.3% compared to CNY 2,353,343,208.48 in Q1 2021[21] - Net cash flow from operating activities for Q1 2022 was CNY 41,821,434.95, a significant decline of 90.4% from CNY 434,270,350.99 in Q1 2021[22] - Total cash outflow from investment activities in Q1 2022 was CNY 2,035,216,794.96, compared to CNY 269,420,560.39 in Q1 2021, indicating a substantial increase in investment expenditures[22] - Net cash flow from investment activities for Q1 2022 was -CNY 1,975,032,799.77, worsening from -CNY 265,975,293.52 in Q1 2021[22] - The company's cash and cash equivalents at the end of Q1 2022 were CNY 1,862,401,177.92, a decrease from CNY 1,895,644,741.87 at the end of Q1 2021[22] - The company's cash and cash equivalents balance was CNY 1,459,337,717.98 at the end of Q1 2022, down from CNY 1,205,057,538.03 at the end of Q1 2021[29] Assets and Liabilities - Total assets at the end of the reporting period were CNY 11,040,772,944.35, down 4.51% from the end of the previous year[6] - Total liabilities as of Q1 2022 amounted to CNY 5,283,850,694.54, a slight decrease from CNY 5,643,959,462.24 in the previous year[17] - The company's total equity attributable to shareholders was CNY 5,876,209,501.28, down from CNY 6,040,158,168.86 in the previous year[17] - The total assets as of March 31, 2022, were CNY 9,025,956,948.17, down from CNY 9,370,388,476.29 at the end of 2021[25] - Total liabilities decreased to CNY 3,503,766,315.87 as of March 31, 2022, from CNY 3,882,373,995.96 at the end of 2021[25] Shareholder Information - The company reported a total of 89,823 common shareholders at the end of the reporting period[11] - The top ten shareholders collectively hold 19.67% of the company's shares, with the largest shareholder owning 8.26%[11] - The company has no significant changes in its shareholder structure or related party transactions during the reporting period[11] Operational Insights - The significant decline in revenue and profit was attributed to a substantial decrease in real estate sales during the reporting period[9] - The company plans to focus on improving operational efficiency and exploring new market opportunities to recover from the current downturn[9]