CISC(SH:601005)2022-04-26 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 8,720,406, a decrease of 12.61% compared to the same period last year[6]. - Net profit attributable to shareholders was CNY 442,999, reflecting a decline of 59.45% year-on-year[6]. - The basic earnings per share (EPS) was CNY 0.05, down 58.33% from the previous year[6]. - The total comprehensive income attributable to the parent company for Q1 2022 was CNY 442,999,000, a decrease from CNY 1,092,412,000 in Q1 2021, representing a decline of approximately 59.5%[34]. - Net profit for Q1 2022 was 442,999 thousand RMB, a significant decline from 1,092,412 thousand RMB in Q1 2021, representing a decrease of 59.5%[30]. - The net profit for Q1 2022 was CNY 391,770 thousand, down from CNY 1,017,165 thousand in Q1 2021, representing a decline of 61.54%[48]. - The basic and diluted earnings per share for Q1 2022 were both CNY 0.05, down from CNY 0.12 in Q1 2021, a decrease of 58.3%[34]. - The company reported a basic and diluted earnings per share of CNY 0.04 for Q1 2022, down from CNY 0.11 in Q1 2021[50]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 42,362,462, a decrease of 1.47% from the end of the previous year[9]. - The total assets amounted to 42,362,462 thousand RMB, slightly down from 42,995,956 thousand RMB year-over-year[28]. - The total assets of the company as of Q1 2022 were CNY 42,014,537,000, down from CNY 42,616,495,000 in Q1 2021, reflecting a decrease of approximately 1.4%[42]. - Current liabilities totaled 15,654,581 thousand RMB, an increase from 15,411,421 thousand RMB in the previous year[26]. - Non-current liabilities decreased to 3,885,234 thousand RMB, down from 5,209,326 thousand RMB in the previous year, indicating a reduction of 25.4%[26]. - The total liabilities of the company as of Q1 2022 were CNY 15,531,551,000, compared to CNY 15,205,044,000 in Q1 2021, indicating an increase of approximately 2.1%[42]. - The total liabilities decreased to CNY 19,410,132 thousand in Q1 2022 from CNY 20,407,592 thousand in Q1 2021, a reduction of 4.89%[44]. Cash Flow - The net cash flow from operating activities was CNY 278,512, with no applicable year-on-year comparison[6]. - The net cash flow from operating activities for Q1 2022 was CNY 278,512,000, compared to a negative cash flow of CNY -1,031,089,000 in Q1 2021, indicating a significant improvement[36]. - The cash flow from operating activities for Q1 2022 was CNY 169,636 thousand, compared to a negative cash flow of CNY -1,320,186 thousand in Q1 2021[50]. - The total cash inflow from operating activities decreased to CNY 7,443,617,000 in Q1 2022 from CNY 9,534,185,000 in Q1 2021, reflecting a decline of about 21.8%[36]. - The cash outflow from operating activities in Q1 2022 was CNY 7,165,105,000, down from CNY 10,565,274,000 in Q1 2021, a reduction of approximately 32.5%[36]. - The company reported a net cash outflow from financing activities of CNY -2,418,736,000 in Q1 2022, compared to CNY -244,600,000 in Q1 2021, indicating a significant increase in cash outflow[39]. - The total cash outflow from financing activities in Q1 2022 was CNY 2,504,923 thousand, compared to CNY 3,100,203 thousand in Q1 2021, indicating a decrease of 19.23%[52]. Shareholder Information - The company had a total of 193,964 common shareholders at the end of the reporting period[15]. - The largest shareholder, Chongqing Changshou Steel Co., Ltd., held 2,096,981,600 shares, accounting for 23.51% of total shares[16]. Inventory and Costs - Total operating costs decreased to 8,195,033 thousand RMB, a reduction of 7.9% compared to 8,900,287 thousand RMB in the previous year[28]. - Inventory levels rose to 4,358,376 thousand RMB, up from 3,840,198 thousand RMB, indicating an increase of 13.5%[26]. - The company's inventory increased to CNY 4,332,828,000 in Q1 2022 from CNY 3,815,186,000 in Q1 2021, representing an increase of about 13.5%[42]. - The company reported a decrease in management expenses to 95,458 thousand RMB from 117,136 thousand RMB, a decline of 18.5%[30]. - The company incurred financial expenses of CNY 73,766 thousand in Q1 2022, an increase from CNY 60,270 thousand in Q1 2021[44]. - Non-recurring losses totaled CNY -14,211, mainly from other operating income and expenses[10].