ITG(SH:600755)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥109.65 billion, representing a year-on-year increase of 20.68%[6] - The net profit attributable to shareholders for Q1 2022 was ¥703.11 million, an increase of 11.65% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1.33 billion, showing a significant increase of 87.61% year-on-year[6] - The basic earnings per share for Q1 2022 was ¥0.28, reflecting a growth of 7.69% year-on-year[9] - Operating profit for Q1 2022 was ¥1.04 billion, compared to ¥797.47 million in Q1 2021, reflecting a significant growth[35] - Net profit attributable to shareholders for Q1 2022 was ¥703.11 million, up from ¥629.77 million in Q1 2021, indicating an increase of 11.6%[38] - The total comprehensive income for Q1 2022 was approximately ¥7.70 million, compared to a loss of ¥11.85 million in Q1 2021, indicating a recovery[55] Assets and Liabilities - The total assets at the end of Q1 2022 reached ¥144.02 billion, a substantial increase of 47.34% compared to the end of the previous year[9] - The total assets of the company as of March 31, 2022, were ¥144.02 billion, compared to ¥97.75 billion in the previous year, marking a growth of 47.0%[30] - The total liabilities increased to ¥107.32 billion from ¥66.56 billion, representing a growth of 61.0%[30] - Total liabilities as of March 31, 2022, amounted to ¥106.18 billion, a substantial rise from ¥62.20 billion at the end of 2021, marking an increase of 70.8%[35] - The total liabilities increased to approximately ¥61.49 billion in Q1 2022 from ¥36.24 billion in Q1 2021, reflecting a growth of 69.8%[49] Equity and Shareholder Information - The total equity attributable to shareholders at the end of Q1 2022 was ¥30.19 billion, an increase of 3.79% from the end of the previous year[9] - Total equity reached ¥37.83 billion as of March 31, 2022, compared to ¥35.54 billion at the end of 2021, representing a growth of 6.4%[35] - The number of shares held by the top ten shareholders indicates a concentration of ownership, with the largest shareholder holding 687.51 million shares, accounting for 32.0% of total shares[24] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥26.13 billion, which is not applicable for year-on-year comparison[6] - Cash inflow from operating activities for Q1 2022 was CNY 130.18 billion, an increase of 12.5% compared to CNY 116.00 billion in Q1 2021[42] - Net cash outflow from operating activities was CNY -26.13 billion, worsening from CNY -15.02 billion in the same period last year[42] - Cash inflow from investment activities decreased to CNY 1.99 billion, down 41% from CNY 3.38 billion in Q1 2021[42] - Cash inflow from financing activities increased to CNY 57.70 billion, up 20.5% from CNY 47.81 billion in Q1 2021[44] - The cash outflow for debt repayment in Q1 2022 was ¥12,516,026,357.10, slightly up from ¥11,913,263,011.45 in Q1 2021[56] Inventory and Receivables - The company experienced a significant increase in inventory and prepayments due to expanded supply chain management operations, contributing to the rise in total assets[17] - The company's inventory reached ¥54.65 billion, up from ¥31.35 billion, indicating a growth of 74.0%[30] - Accounts receivable increased significantly to ¥9.18 billion from ¥5.55 billion, representing a growth of 65.0%[27] Expenses - Research and development expenses for Q1 2022 were reported at ¥408.35 thousand, indicating ongoing investment in innovation[35] - The company reported a decrease in financial expenses to ¥313.29 million in Q1 2022 from ¥432.58 million in Q1 2021, a reduction of 27.6%[35] - The company reported a decrease in sales expenses to ¥36.34 million in Q1 2022 from ¥135.75 million in Q1 2021, a reduction of 73.2%[49] - Financial expenses decreased to approximately ¥177.27 million in Q1 2022 from ¥242.24 million in Q1 2021, a decline of 26.9%[49] Non-Recurring Items - Non-recurring gains and losses decreased by ¥5.49 billion year-on-year, primarily due to losses from financial instruments used to hedge commodity price and exchange rate fluctuations[17] - The company recorded an investment income of approximately ¥159.23 million in Q1 2022, compared to ¥84.19 million in Q1 2021, an increase of 88.9%[49]