SHTD(SH:600647)2022-05-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 1,634,634.28, representing a decrease of 57.69% compared to the same period last year[5]. - Net profit attributable to shareholders of the listed company was CNY 6,389,420.96, an increase of 63.92% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -1,812,885.36, a decline of 263.49% compared to the previous year[5]. - The basic earnings per share for the period was CNY 0.0459, reflecting an increase of 63.93%[5]. - Total revenue for the first quarter of 2022 was CNY 1,634,634.28, a significant drop of approximately 57.7% compared to CNY 3,863,293.79 in the first quarter of 2021[19]. - The total operating costs for the first quarter of 2022 were CNY 12,242,544.54, compared to CNY 2,413,366.46 in the same period of 2021, representing an increase of about 406.5%[19]. - The company's net profit for Q1 2022 was CNY 14,425,402.30, a significant increase compared to CNY 3,858,188.02 in Q1 2021, representing a growth of approximately 274%[20]. - Operating profit for Q1 2022 reached CNY 14,365,402.30, compared to CNY 3,858,188.02 in the same period last year, indicating a substantial improvement[20]. - The total comprehensive income for Q1 2022 was CNY 14,425,402.30, compared to CNY 3,858,188.02 in Q1 2021, showing a significant rise[21]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 389,276,006.09, down 26.51% from the end of the previous year[6]. - As of March 31, 2022, the company's total assets amounted to CNY 389,276,006.09, a decrease from CNY 529,687,001.55 as of December 31, 2021, reflecting a decline of approximately 26.6%[16]. - The company's total liabilities as of March 31, 2022, were CNY 42,093,187.39, down from CNY 196,929,585.15 at the end of 2021, indicating a reduction of about 78.7%[18]. - Cash and cash equivalents decreased from CNY 439,260,152.43 as of December 31, 2021, to CNY 294,187,479.34 as of March 31, 2022, a decline of approximately 33%[16]. - The company's accounts payable remained stable at CNY 1,048,190.32 as of March 31, 2022, unchanged from the previous period[18]. Cash Flow - The net cash flow from operating activities was CNY -145,569,933.56, indicating a significant cash outflow[5]. - The net cash flow from operating activities for Q1 2022 was negative at CNY -145,569,933.56, worsening from CNY -78,059,544.40 in Q1 2021[23]. - The company incurred a cash outflow of CNY 163,609,983.09 from operating activities in Q1 2022, compared to CNY 95,596,997.37 in Q1 2021, indicating increased operational expenses[23]. - Investment activities generated a net cash inflow of CNY 497,260.47 in Q1 2022, a decrease from CNY 103,769,944.11 in Q1 2021[23]. - The company experienced a net decrease in cash and cash equivalents of CNY -145,072,673.09 in Q1 2022, contrasting with an increase of CNY 25,710,399.71 in Q1 2021[24]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,037[12]. - The largest shareholder, Xinda Investment Co., Ltd., held 40.68% of the shares[12]. Non-Recurring Items - The company reported a non-recurring gain of CNY 15,684,065.60 due to adjustments related to land value-added tax final settlement[9]. - The company recorded a tax adjustment of CNY 15,684,065.60 in the current period due to a difference in the final land value-added tax settlement[14]. Retained Earnings - The company's retained earnings increased from CNY 130,601,883.00 to CNY 136,991,303.96, reflecting a growth of approximately 4.5%[19]. Product Development and Strategy - The company has not disclosed any new product developments or market expansion strategies in the current report[14].