China National Gold (SH:600916)2022-04-25 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 14,367,527,573.85, representing an increase of 8.02% compared to the same period last year[2]. - The net profit attributable to shareholders of the listed company was CNY 251,811,093.80, reflecting a growth of 22.06% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 241,708,261.45, up by 16.54% compared to the previous year[2]. - The basic earnings per share for the period was CNY 0.15, an increase of 15.30% year-on-year[3]. - The diluted earnings per share also stood at CNY 0.15, marking a 15.38% increase from the same period last year[3]. - The weighted average return on equity was 3.77%, an increase of 0.07 percentage points compared to the previous year[3]. - The total profit for Q1 2022 was approximately 314.18 million, compared to 262.86 million in Q1 2021, an increase of 19.5%[16]. - Net profit for Q1 2022 was approximately 253.28 million, compared to 209.43 million in Q1 2021, reflecting a growth of 20.9%[16]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 11,880,767,083.30, up 7.81% from the end of the previous year[3]. - The total liabilities as of March 31, 2022, were RMB 4,989,435,593.81, compared to RMB 4,381,983,250.33 at the end of 2021, showing an increase of about 13.87%[13]. - The equity attributable to shareholders of the listed company was CNY 6,807,678,432.48, reflecting a growth of 3.84% year-on-year[3]. - The equity attributable to shareholders rose to RMB 6,807,678,432.48 from RMB 6,555,977,083.36, reflecting an increase of approximately 3.81%[13]. Cash Flow - The net cash flow from operating activities was negative CNY 513,328,976.47, a decrease of 208.26% compared to the same period last year, primarily due to increases in accounts receivable and inventory[6]. - Cash flow from operating activities showed a net outflow of approximately 513.33 million, a decline from a net inflow of 474.17 million in Q1 2021[17]. - The net increase in cash and cash equivalents was -539,630,450.48, compared to an increase of 1,295,532,423.78 in the previous period[18]. - The beginning balance of cash and cash equivalents was 4,612,624,567.69, while the ending balance was 4,072,994,117.21[18]. Revenue and Costs - Total operating costs for Q1 2022 were approximately 13.97 billion, an increase of 6.03% from 13.18 billion in Q1 2021[15]. - Total revenue from sales of goods and services received cash inflow of approximately 15.55 billion, up from 14.73 billion, indicating a growth of 5.58%[17]. Investments and Expenses - Research and development expenses rose significantly to 3.09 million, up from 1.10 million, marking an increase of 182.4% year-over-year[15]. - The company reported a significant decrease in financial expenses, down to approximately 9.04 million from 18.41 million, a reduction of 50.9%[15]. - The company experienced a notable increase in investment income, which was approximately 2.82 million, compared to a loss of 49.52 million in the previous year[15]. - The company's tax expenses for Q1 2022 were approximately 60.91 million, up from 53.43 million in Q1 2021, reflecting an increase of 14.7%[16]. Shareholder Information - The top ten shareholders collectively held 44.34% of the company's shares, with China National Gold Group being the controlling shareholder[9]. - The company reported a total of 524,000 shares involved in the securities lending business as of March 31, 2022[10]. Other Information - The company has not disclosed any significant new product developments or market expansion strategies during the reporting period[10]. - The company did not apply the new accounting standards for the first quarter of 2022[20].