BOCIC(SH:601696)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was RMB 699,651,369.66, a decrease of 3.63% compared to the same period last year[4] - The net profit attributable to shareholders was RMB 240,132,934.30, down 8.15% year-on-year[4] - The net profit after deducting non-recurring gains and losses was RMB 236,919,364.95, reflecting an 8.59% decline compared to the previous year[4] - The basic earnings per share for Q1 2022 was RMB 0.09, a decrease of 8.15% compared to the same period last year[4] - The weighted average return on equity was 1.52%, a decrease of 0.21 percentage points year-on-year[4] - The net profit for the first quarter of 2022 was CNY 239,967,779.94, a decrease from CNY 261,799,596.60 in the same period of 2021, reflecting a decline of approximately 8.3%[17] - Total operating revenue for Q1 2022 was CNY 699,651,369.66, down from CNY 726,010,474.90 in Q1 2021, marking a decrease of about 3.6%[16] - The net interest income for Q1 2022 was CNY 184,399,613.62, compared to CNY 223,397,840.89 in Q1 2021, representing a decline of approximately 17.4%[16] - Total comprehensive income for the period attributable to the parent company's owners was CNY 240,959,424.75, a decrease from CNY 260,915,510.37 in the same period last year, representing a decline of approximately 7.3%[18] - Basic and diluted earnings per share remained stable at CNY 0.09, unchanged from the previous year[18] Cash Flow and Liquidity - The net cash flow from operating activities was RMB 3,026,184,545.29, a decrease of 8.64% year-on-year[4] - Cash inflows from operating activities totaled CNY 5,805,299,600.46, down from CNY 6,718,632,697.36, reflecting a decrease of about 13.6%[19] - Net cash flow from operating activities was CNY 3,026,184,545.29, compared to CNY 3,312,457,149.03 in the prior year, indicating a decline of approximately 8.6%[21] - Cash and cash equivalents as of March 31, 2022, were CNY 26,431,310,194.42, up from CNY 18,253,640,403.03 at the end of 2021, indicating an increase of about 45%[14] - Cash and cash equivalents at the end of the period increased to CNY 31,083,986,071.39 from CNY 26,321,141,141.98, marking an increase of about 18.5%[21] - The company reported a net increase in cash from financing activities of CNY -535,425,337.13, compared to CNY -216,641,231.77 in the same quarter last year[21] - Cash received from interest, fees, and commissions was CNY 1,582,139,062.48, significantly higher than CNY 916,995,698.52 in the previous year, reflecting an increase of approximately 72.5%[19] - Total cash outflows from operating activities were CNY 2,779,115,055.17, down from CNY 3,406,175,548.33, indicating a decrease of approximately 18.4%[21] - The company reported a net decrease in cash from investment activities of CNY 15,223,756.43, compared to a net outflow of CNY -326,730,112.14 in the previous year[21] Assets and Liabilities - Total assets at the end of the reporting period were RMB 65,357,818,533.27, an increase of 4.29% from the end of the previous year[5] - As of March 31, 2022, the company's total assets amounted to CNY 65,357,818,533.27, an increase from CNY 62,672,287,069.09 as of December 31, 2021, representing a growth of approximately 4.3%[14] - The company's total liabilities as of March 31, 2022, were CNY 49,408,034,199.76, compared to CNY 46,963,297,005.97 at the end of 2021, indicating an increase of about 5.2%[15] - The equity attributable to shareholders was RMB 15,943,277,972.11, up 1.53% from the previous year-end[5] - The total equity attributable to shareholders as of March 31, 2022, was CNY 15,943,277,972.11, compared to CNY 15,702,318,547.36 at the end of 2021, showing a growth of approximately 1.5%[15] - The company’s financial investments totaled CNY 16,829,538,906.93 as of March 31, 2022, compared to CNY 16,045,468,457.93 at the end of 2021, reflecting an increase of approximately 4.9%[14] - The company’s deferred tax assets were CNY 334,977,306.00 as of March 31, 2022, slightly up from CNY 331,324,034.47 at the end of 2021, indicating a marginal increase of about 1.99%[14] Future Plans and Investments - The company plans to increase the registered capital of its subsidiary, Zhongyin Capital Investment Holdings Co., Ltd., by RMB 300 million, raising it to RMB 2 billion[11] - The company will participate in a joint investment with related parties in a technology innovation fund managed by a subsidiary of Bank of China[11] - The company issued bonds, receiving CNY 1,751,610,000.00, compared to CNY 894,290,000.00 in the same period last year, representing an increase of about 96.1%[21] - The company reported a decrease in commission income from brokerage services, which was CNY 252,435,404.44 in Q1 2022, down from CNY 267,877,281.91 in Q1 2021, a decline of about 5.8%[16]