JTGROUP(SH:601609)2022-04-19 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 21,419,974,065.84, representing a year-on-year increase of 36.44%[5] - The net profit attributable to shareholders of the listed company was CNY 134,245,961.74, up 32.05% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 45.61% to CNY 107,560,031.77, primarily due to increased government subsidies and futures hedging gains[5][9] - Total operating revenue for Q1 2022 reached CNY 21,419,974,065.84, a 36.4% increase from CNY 15,699,393,016.56 in Q1 2021[31] - Net profit for Q1 2022 was CNY 132,265,175.51, representing a 28.3% increase compared to CNY 103,127,641.19 in Q1 2021[31] - Earnings per share for Q1 2022 were CNY 0.09, up from CNY 0.07 in Q1 2021[33] - The gross profit margin for Q1 2022 was approximately 4.4%, compared to 6.1% in Q1 2021, indicating a decline in profitability[44] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 22,943,916,811.47, an increase of 20.14% from the end of the previous year[7] - As of March 31, 2022, the company's total assets amounted to RMB 22,943,916,811.47, an increase from RMB 19,098,140,346.05 as of December 31, 2021, representing a growth of approximately 20.5%[25] - The company's total liabilities reached RMB 15,211,162,398.16, compared to RMB 11,466,363,421.98, reflecting an increase of approximately 32.0%[25] - The total liabilities increased to CNY 8,049,684,888.53 in Q1 2022 from CNY 6,235,026,029.03 in Q1 2021, reflecting a growth of 29.0%[44] Cash Flow - The net cash flow from operating activities was negative at CNY -3,657,842,042.65, indicating a significant cash outflow[5] - Cash flow from operating activities in Q1 2022 was CNY 21,678,433,681.06, compared to CNY 14,803,044,363.04 in Q1 2021[33] - Cash outflow from operating activities was ¥25.67 billion, compared to ¥18.70 billion in the previous year[36] - Net cash flow from operating activities was -¥3.66 billion, slightly improved from -¥3.73 billion year-over-year[36] - The net increase in cash and cash equivalents was -¥405.49 million, down from an increase of ¥914.94 million in the previous year[38] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 68,025[10] - The largest shareholder, Ningbo Jintian Investment Holding Co., Ltd., held 28.14% of the shares, amounting to 416,552,000 shares[10] Research and Development - Research and development expenses for Q1 2022 were CNY 78,434,602.11, an increase from CNY 60,942,370.25 in Q1 2021[31] - Research and development expenses rose to CNY 37,114,661.97 in Q1 2022, up 36.3% from CNY 27,241,201.77 in Q1 2021[44] Other Financial Metrics - The weighted average return on net assets increased by 0.26 percentage points to 1.76%[5] - The company's total equity attributable to shareholders increased to CNY 7,598,534,136.75 from CNY 7,496,441,754.11 year-over-year[31] - The company reported a decrease in minority interests to CNY 134,220,276.56 from CNY 135,335,169.96[31] - The company has repurchased a total of 8,200,000 shares, accounting for 0.55% of the total share capital, with a total expenditure of RMB 64,450,280[18] - The company issued convertible bonds totaling RMB 150,000,000, with a conversion period from September 27, 2021, to March 21, 2027[15]