SD-GOLD(SH:600547)2022-04-19 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 13,480,608,653.55, representing an increase of 84.49% compared to CNY 7,297,137,748.10 in the same period last year[2]. - The net profit attributable to shareholders of the listed company was CNY 314,968,558.27, a significant recovery from a loss of CNY 318,539,626.20 in the previous year[3]. - Basic and diluted earnings per share were both CNY 0.05, compared to a loss of CNY 0.07 in the same period last year[3]. - The net profit for Q1 2022 was CNY 355,202,701.76, a significant recovery from a net loss of CNY 354,185,152.81 in Q1 2021[15]. - Operating profit for Q1 2022 reached CNY 565,994,345.65, compared to an operating loss of CNY 315,357,855.38 in the same period last year[15]. - The company reported a total comprehensive income of CNY 332,286,629.30 for Q1 2022, compared to a loss of CNY 281,076,373.22 in the previous year[16]. - The company reported a total comprehensive income of CNY 17,221,091.40, recovering from a total comprehensive loss of CNY -189,281,980.38 in Q1 2021[24]. Cash Flow and Liquidity - The net cash flow from operating activities decreased by 70.14% to CNY 159,870,275.08, down from CNY 507,388,009.90 in the same period last year[3]. - Cash and cash equivalents at the end of Q1 2022 totaled CNY 4,273,591,954.68, down from CNY 3,456,772,831.85 at the end of Q1 2021[19]. - The company’s cash flow from operating activities was negatively impacted by a significant increase in cash outflows related to operational expenses, totaling CNY 5,362,667,384.79[25]. - The company experienced a net cash outflow from operating activities of CNY -1,094,658,688.79, worsening from CNY -79,373,377.02 in Q1 2021[25]. - The company raised CNY 4,099,261,111.11 through borrowings in Q1 2022, compared to CNY 1,799,250,000.00 in Q1 2021, reflecting increased financing activities[25]. - Total cash outflow from financing activities was CNY 4,374,723,232.05, compared to CNY 2,825,287,273.91 in the previous year, indicating higher repayment obligations[25]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 80,974,499,225.56, an increase of 3.41% from CNY 78,307,585,715.51 at the end of the previous year[3]. - The total liabilities increased to CNY 48.78 billion, compared to CNY 46.52 billion in Q1 2021, indicating a growth of 4.9%[13]. - The total current liabilities increased to CNY 13.77 billion in Q1 2022, compared to CNY 12.95 billion in Q1 2021, reflecting a rise of approximately 6.35%[22]. - Non-current assets totaled CNY 64.96 billion, a slight increase from CNY 64.04 billion in the previous year[12]. - The company's long-term investments remained stable at approximately CNY 20.92 billion, showing minimal change from CNY 20.91 billion in the previous year[20]. Shareholder Information - The company has a total of 199,012 common shareholders as of the end of the reporting period[8]. - The largest shareholder, Shandong Gold Group Co., Ltd., holds 1,694,069,251 shares, accounting for 37.87% of total shares[8]. - The company’s major shareholder, Shandong Gold Group Co., Ltd., had previously pledged 509,600,000 shares, which were released from pledge on April 8, 2022[8]. Production and Sales - The company produced 9,432.82 kg of gold in the first quarter of 2022, representing a 55.08% increase compared to the same period last year[9]. - The company purchased 13,464.73 kg of gold, which is an 11.90% increase year-over-year[9]. - The company reported a significant increase in accounts receivable from gold sales, with a change of 79.33% attributed to increased sales volume[6]. - The company experienced a 250.18% increase in sales commissions, influenced by market fluctuations affecting investment income[6]. Research and Development - Research and development expenses for Q1 2022 were CNY 57.75 million, an increase from CNY 48.10 million in Q1 2021[14]. - Research and development expenses increased to CNY 10.30 million in Q1 2022, up from CNY 5.86 million in Q1 2021, marking an increase of about 75.00%[23].