CCSC(SH:601375)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥388,483,697.61, representing a decrease of 63.90% compared to the same period last year[2]. - The net profit attributable to shareholders of the listed company was ¥18,432,906.28, down 84.76% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥13,732,885.73, a decline of 88.37% compared to the previous year[2]. - Basic earnings per share were ¥0.004, down 86.67% year-on-year[2]. - Diluted earnings per share were also ¥0.004, showing an 86.67% decrease compared to the same period last year[2]. - The significant decline in revenue and profit was primarily due to reduced income from secondary market investment and investment banking services[5]. - The company reported a net profit of 12,934,321.55 RMB, a decrease of 91.7% from 154,880,101.23 RMB in the same quarter last year[12]. - The total profit for Q1 2022 was CNY 13,848,578.24, a significant decrease compared to CNY 156,456,414.75 in Q1 2021[13]. - The net profit attributable to shareholders of the parent company was CNY 18,432,906.28, down from CNY 120,959,031.78 in the same period last year[13]. - The company experienced a decrease in comprehensive income attributable to shareholders of the parent company, totaling CNY 13,609,710.54 in Q1 2022, compared to CNY 119,264,863.14 in Q1 2021[13]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥1,071,347,955.01, reflecting a decrease of 1,330.50%[2]. - The company reported a decrease in cash received from interest, fees, and commissions, totaling CNY 633,142,821.07, down from CNY 790,998,070.01 in Q1 2021[15]. - The total cash outflow from operating activities was CNY 4,356,779,381.65, compared to CNY 2,168,213,060.46 in the previous year[15]. - The company reported a total cash and cash equivalents balance of CNY 14,641,490,289.06 at the end of Q1 2022, down from CNY 15,293,260,935.23 at the end of Q1 2021[16]. - The cash flow from financing activities generated a net inflow of CNY 871,220,914.80, compared to CNY 1,908,231,242.57 in the previous year[16]. - The company recorded a foreign exchange impact on cash and cash equivalents of CNY 2,180,501.14 in Q1 2022[16]. Assets and Liabilities - Total assets at the end of the reporting period were ¥54,088,001,573.95, an increase of 0.63% from the end of the previous year[3]. - Total assets increased to 54,088,001,573.95 RMB from 53,748,323,524.71 RMB, reflecting a growth of 0.6%[11]. - Total liabilities rose to 39,935,583,572.69 RMB, up from 39,604,243,601.31 RMB, indicating an increase of 0.8%[11]. - Shareholders' equity attributable to shareholders of the listed company was ¥13,695,492,875.82, a slight increase of 0.10% from the previous year[3]. - Shareholders' equity totaled 14,152,418,001.26 RMB, slightly up from 14,144,079,923.40 RMB[11]. Revenue Breakdown - Total operating revenue for Q1 2022 was 388,483,697.61 RMB, a decrease of 64.1% compared to 1,076,191,096.51 RMB in Q1 2021[12]. - Net interest income decreased to 9,769,477.43 RMB from 54,988,296.90 RMB, reflecting a decline of 82.2%[12]. - Commission and fee income decreased to 303,072,410.64 RMB, down 30.2% from 433,724,478.88 RMB in the previous year[12]. - Investment income increased significantly to 372,804,464.78 RMB, compared to 180,481,635.53 RMB, marking a growth of 106.7%[12]. - Total operating expenses for Q1 2022 were 375,549,376.06 RMB, down 59.3% from 921,310,995.28 RMB in Q1 2021[12]. - The company reported a decrease in customer deposits to 9,550,363,108.61 RMB from 9,990,048,353.53 RMB, a decline of 4.4%[10]. Return on Equity - The weighted average return on equity was 0.13%, a decrease of 0.77 percentage points year-on-year[2].