ZFTC(SH:600794)2022-04-25 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 306,079,745.66, representing a decrease of 55.63% compared to the same period last year[3]. - The net profit attributable to shareholders was CNY 39,187,356.97, down 19.38% year-on-year[3]. - The net profit for Q1 2022 was CNY 40,634,713.25, a decrease of 26.1% compared to CNY 54,944,799.61 in Q1 2021[16]. - The total comprehensive income for the period was CNY 40,634,713.25, a decrease of 26.1% from CNY 54,944,799.61 in the previous year[17]. - The company reported a net profit of CNY 39,063,866.38 after deducting non-recurring gains and losses, which is an increase of 8.61% year-on-year[3]. Cash Flow - The net cash flow from operating activities was negative at CNY -191,638,798.39, a decline of 182.04% compared to the previous year[3]. - The cash flow from operating activities showed a net outflow of CNY 191,638,798.39, contrasting with a net inflow of CNY 233,592,876.02 in Q1 2021[18]. - The company experienced a significant reduction in cash flow due to decreased revenue from bonded trade self-operated business and frozen funds[6]. - Cash and cash equivalents decreased to CNY 485,067,201.06 from CNY 823,734,365.06, a decline of 41.1%[12]. - The company experienced a cash and cash equivalents balance of CNY 400,254,837.08 at the end of Q1 2022, down from CNY 539,177,995.01 at the end of Q1 2021[18]. - Cash flow from financing activities increased to CNY 242,425,497.93, up from CNY 92,121,877.45 in Q1 2021, indicating a growth of 163.5%[18]. Assets and Liabilities - Total assets increased to CNY 3,689,556,427.68, reflecting an 11.80% rise from the end of the previous year[4]. - Current assets totaled CNY 1,974,535,025.30, an increase of 20.3% from CNY 1,640,835,248.56 in the previous year[13]. - Total liabilities rose to CNY 1,144,417,746.06, compared to CNY 795,521,041.50 in 2021, marking a significant increase of 43.8%[14]. - The company’s total equity reached CNY 2,545,138,681.62, up from CNY 2,504,575,187.96, indicating a modest increase of 1.6%[15]. Shareholder Information - As of the end of the reporting period, the total number of ordinary shareholders was 70,163[8]. - The largest shareholder, Zhangjiagang Bonded Zone Jinguang Asset Management Co., Ltd., holds 35.68% of the shares[8]. Operational Costs - Total operating costs for Q1 2022 were CNY 257,995,201.30, down from CNY 636,960,201.82 in Q1 2021, reflecting a reduction of 59.5%[15]. - The total operating expenses increased significantly, with cash paid for goods and services amounting to CNY 297,813,472.11, compared to CNY 507,447,867.79 in Q1 2021[18]. Investment and Other Income - The company reported a net investment income of CNY 5,730,777.75 in Q1 2022, recovering from a loss of CNY 20,938,734.87 in the same period last year[15]. - The company reported a significant increase in cash received from investment activities, totaling CNY 61,419,364.03, compared to CNY 70,115,650.72 in the same period last year[18]. Share Performance - The basic and diluted earnings per share for Q1 2022 were both CNY 0.03, down from CNY 0.04 in Q1 2021[17]. - The weighted average return on equity decreased by 0.49 percentage points to 1.73%[3]. Legal and Asset Management - The company has resolved asset freezes related to three legal cases, with all assets now unfrozen[10]. - The company incurred a foreign exchange loss of CNY 211,548.57 during the quarter, compared to a gain of CNY 317,924.35 in the previous year[18].