大商股份(600694) - 2022 Q1 - 季度财报

Important Notice The company's board of directors, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of this quarterly report and assume legal responsibility - The company's board of directors, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report content[2][3] - The company's responsible person, the person in charge of accounting work, and the head of the accounting department guarantee the truthfulness, accuracy, and completeness of the financial statement information[4] - This quarterly financial statement has not been audited[5] I. Major Financial Data This chapter outlines the company's Q1 2022 financial performance, showing year-on-year declines in operating revenue, net profit attributable to the parent company, and net cash flow from operating activities, while detailing non-recurring gains and losses and explaining key financial indicator changes (I) Major Accounting Data and Financial Indicators The company's Q1 2022 operating revenue, net profit attributable to shareholders, and net cash flow from operating activities all decreased year-on-year, with total assets and owners' equity slightly increasing from the previous year-end 2022 Q1 Major Accounting Data and Financial Indicators | Item | Amount for this period (CNY) | Year-on-year change for this period (%) | Amount at end of this period (CNY) | Change from end of previous year (%) | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 2,203,339,322.34 | -10.55 | - | - | | Net Profit Attributable to Shareholders of Listed Company | 234,071,399.94 | -19.18 | - | - | | Net Profit Attributable to Shareholders of Listed Company (Excluding Non-recurring Gains and Losses) | 209,675,658.04 | -13.86 | - | - | | Net Cash Flow from Operating Activities | 213,860,402.24 | -62.96 | - | - | | Basic Earnings Per Share (CNY/share) | 0.82 | -17.17 | - | - | | Diluted Earnings Per Share (CNY/share) | 0.82 | -17.17 | - | - | | Weighted Average Return on Net Assets (%) | 2.61 | Decreased by 0.62 percentage points | - | - | | Total Assets | - | - | 19,703,787,088.11 | 0.96 | | Owners' Equity Attributable to Shareholders of Listed Company | - | - | 9,069,722,317.87 | 2.65 | (II) Non-recurring Gains and Losses and Amounts The company's Q1 2022 non-recurring gains and losses totaled CNY 24,395,741.90, primarily from fair value changes of financial assets, other non-operating income, and government grants 2022 Q1 Non-recurring Gains and Losses and Amounts | Item | Amount for this period (CNY) | | :--- | :--- | | Gains or losses from disposal of non-current assets | 63,514.80 | | Government grants recognized in current profit or loss | 4,082,523.43 | | Funds occupation fees collected from non-financial enterprises recognized in current profit or loss | 909,584.90 | | Gains or losses from changes in fair value of transactional financial assets and investment income | 15,034,522.98 | | Other non-operating income and expenses apart from the above | 8,514,508.41 | | Less: Income tax impact | 3,266,044.21 | | Minority interest impact (after tax) | 942,868.41 | | Total | 24,395,741.90 | (III) Changes and Reasons for Major Accounting Data and Financial Indicators Multiple accounting data and financial indicators experienced significant changes this period, with several items decreasing substantially due to various operational and financial factors, while employee compensation and asset impairment losses increased significantly Major Accounting Data, Financial Indicators Changes and Reasons | Item Name | Change Ratio (%) | Primary Reason | | :--- | :--- | :--- | | Prepayments | -50.25 | Decrease in advance payments for goods this period | | Employee Compensation Payable | 36.26 | Increase in employee wages payable this period | | Other Income | -56.54 | Decrease in government grants received this period | | Gains from Changes in Fair Value | -44.72 | Decrease in expected returns from wealth management products this period | | Credit Impairment Losses | -75.51 | Reversal of credit impairment losses due to recovery of receivables in the same period | | Asset Impairment Losses | 2,879.24 | Reversal of asset impairment losses due to recovery of prepayments this period | | Gains from Asset Disposal | -50.11 | Decrease in gains or losses from disposal of long-term assets this period | | Non-operating Income | -61.93 | Receipt of litigation compensation in the same period | | Net Cash Flow from Operating Activities | -62.96 | Decrease in cash received from sales of goods and provision of services this period | | Net Cash Flow from Investing Activities | -11.18 | Increase in cash paid for investments this period | | Net Cash Flow from Financing Activities | 38.99 | Decrease in cash paid for debt repayment this period | II. Shareholder Information This chapter discloses the total number of common shareholders, the top ten shareholders' shareholdings, and the top ten unrestricted shareholders' shareholdings as of the end of the reporting period, including major shareholders' pledge status (I) Total Number of Common Shareholders, Number of Preferred Shareholders with Restored Voting Rights, and Top Ten Shareholders' Shareholding As of the end of the reporting period, the company had 25,150 common shareholders and no preferred shareholders with restored voting rights, with the top two shareholders, Dashang Group Co., Ltd. and Dalian Guoshang Asset Management Co., Ltd., having pledged shares - Total common shareholders at the end of the reporting period was 25,150, with no preferred shareholders with restored voting rights[11] Top 10 Shareholders' Shareholding | Shareholder Name | Shareholder Nature | Number of Shares Held (Shares) | Shareholding Ratio (%) | Share Status | Number (Shares) | | :--- | :--- | :--- | :--- | :--- | :--- | | Dashang Group Co., Ltd. | Domestic Non-State-Owned Legal Person | 86,666,671 | 29.51 | Pledged | 42,500,000 | | Dalian Guoshang Asset Management Co., Ltd. | State-Owned Legal Person | 25,013,382 | 8.52 | Pledged | 12,500,000 | | Central Huijin Asset Management Co., Ltd. | State-Owned Legal Person | 8,538,100 | 2.91 | Unpledged | - | | Yang Longhuo | Unknown | 5,579,637 | 1.90 | Unpledged | - | | Mao Yueming | Unknown | 3,288,142 | 1.12 | Unpledged | - | | Lv Kecai | Unknown | 2,824,500 | 0.96 | Unpledged | - | | Dalian International Trust and Investment Company | Unknown | 2,516,085 | 0.86 | Unpledged | - | | Song Zhijie | Unknown | 1,730,047 | 0.59 | Unpledged | - | | Li Weihong | Unknown | 1,515,600 | 0.52 | Unpledged | - | | Chen Xuegeng | Unknown | 1,428,767 | 0.49 | Unpledged | - | - The company is unaware of any associated relationships or concerted actions among the aforementioned circulating shareholders[12] III. Other Reminders During this reporting period, the company has no other important operating information requiring special attention from investors - No other important operating information requiring investor attention during this reporting period[13] IV. Quarterly Financial Statements This chapter presents the company's consolidated and parent company financial statements for Q1 2022, including the balance sheet, income statement, and cash flow statement, providing a comprehensive overview of its financial position, operating results, and cash flow (I) Type of Audit Opinion This quarterly financial statement has not been audited - This quarterly financial statement has not been audited[13] (II) Financial Statements This section details the company's consolidated and parent company balance sheets, income statements, and cash flow statements for Q1 2022, providing unaudited financial data reflecting the company's asset-liability structure, profitability, and cash flow status Consolidated Balance Sheet As of March 31, 2022, the company's consolidated total assets were CNY 19.704 billion, a slight increase from the previous year-end; total liabilities were CNY 10.399 billion, and total owners' equity was CNY 9.305 billion Consolidated Balance Sheet Key Data (March 31, 2022) | Item | Amount (CNY) | | :--- | :--- | | Total Assets | 19,703,787,088.11 | | Total Liabilities | 10,398,984,946.32 | | Total Owners' Equity (or Shareholders' Equity) | 9,304,802,141.79 | Consolidated Income Statement In Q1 2022, the company's consolidated total operating revenue was CNY 2.203 billion, a year-on-year decrease of 10.55%; net profit attributable to parent company shareholders was CNY 234.07 million, a year-on-year decrease of 19.18% Consolidated Income Statement Key Data (Q1 2022) | Item | Q1 2022 Amount (CNY) | Q1 2021 Amount (CNY) | | :--- | :--- | :--- | | Total Operating Revenue | 2,203,339,322.34 | 2,463,151,227.40 | | Operating Profit | 340,611,237.52 | 399,738,401.17 | | Total Profit | 349,125,745.93 | 427,835,360.30 | | Net Profit | 252,045,904.05 | 314,074,602.43 | | Net Profit Attributable to Parent Company Shareholders | 234,071,399.94 | 289,623,905.53 | | Basic Earnings Per Share (CNY/share) | 0.82 | 0.99 | Consolidated Cash Flow Statement In Q1 2022, the company's consolidated net cash flow from operating activities was CNY 213.86 million, a significant year-on-year decrease of 62.96%; net cash flow from investing activities was CNY 172.99 million; net cash flow from financing activities was -CNY 148.49 million Consolidated Cash Flow Statement Key Data (Q1 2022) | Item | Q1 2022 Amount (CNY) | Q1 2021 Amount (CNY) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 213,860,402.24 | 577,375,661.33 | | Net Cash Flow from Investing Activities | 172,996,870.90 | 194,767,811.70 | | Net Cash Flow from Financing Activities | -148,491,649.20 | -243,380,687.64 | | Net Increase in Cash and Cash Equivalents | 237,166,270.19 | 532,189,771.33 | | Cash and Cash Equivalents at End of Period | 2,737,320,038.26 | 3,093,258,805.32 | Parent Company Balance Sheet As of March 31, 2022, the parent company's total assets were CNY 14.605 billion, a slight increase from the previous year-end; total liabilities were CNY 6.507 billion, and total owners' equity was CNY 8.098 billion Parent Company Balance Sheet Key Data (March 31, 2022) | Item | Amount (CNY) | | :--- | :--- | | Total Assets | 14,605,192,114.52 | | Total Liabilities | 6,506,868,917.09 | | Total Owners' Equity (or Shareholders' Equity) | 8,098,323,197.43 | Parent Company Income Statement In Q1 2022, the parent company's operating revenue was CNY 525.20 million, a year-on-year decrease; net profit was CNY 43.06 million, a slight year-on-year increase Parent Company Income Statement Key Data (Q1 2022) | Item | Q1 2022 Amount (CNY) | Q1 2021 Amount (CNY) | | :--- | :--- | :--- | | Operating Revenue | 525,202,280.61 | 643,375,512.02 | | Operating Profit | 48,881,713.20 | 54,546,605.45 | | Total Profit | 51,460,077.70 | 56,232,292.54 | | Net Profit | 43,061,714.42 | 42,280,635.39 | Parent Company Cash Flow Statement In Q1 2022, the parent company's net cash flow from operating activities was CNY 52.78 million, a year-on-year decrease; net cash flow from investing activities was CNY 210.46 million, a significant year-on-year decrease; net cash flow from financing activities was -CNY 17.23 million Parent Company Cash Flow Statement Key Data (Q1 2022) | Item | Q1 2022 Amount (CNY) | Q1 2021 Amount (CNY) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 52,777,188.38 | 82,127,467.95 | | Net Cash Flow from Investing Activities | 210,462,660.88 | 625,214,839.14 | | Net Cash Flow from Financing Activities | -17,226,184.17 | -206,083,856.42 | | Net Increase in Cash and Cash Equivalents | 246,013,665.09 | 501,258,450.67 | | Cash and Cash Equivalents at End of Period | 2,402,638,902.55 | 2,719,729,619.96 | First-time Adoption of New Accounting Standards and Adjustments to Opening Financial Statements from 2022 The company adopted new accounting standards for the first time starting in 2022, but there were no adjustments to the opening financial statements for the first year of adoption in this reporting period - The company adopted new accounting standards from 2022, but no related financial statement adjustments were made this reporting period[35] Special Announcement This report was officially released by the Board of Directors of Dashang Co., Ltd. on April 30, 2022 - The Board of Directors of Dashang Co., Ltd. released this announcement on April 30, 2022[35]