华设集团(603018) - 2022 Q1 - 季度财报

Important Disclosures Executive Statement and Audit Notes The Board, Supervisory Board, and senior management guarantee the truthfulness, accuracy, and completeness of this quarterly report, noting the financial statements are unaudited - The company's directors, supervisors, and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report, free from false records, misleading statements, or major omissions[2] - The company's principal, chief accountant, and head of accounting department guarantee the truthfulness, accuracy, and completeness of the financial statement information in the quarterly report[3] - The financial statements for the first quarter of 2022 are unaudited[4] Key Financial Data Core Financial Indicators In Q1 2022, revenue grew 14.09% to CNY 917.01 million, with net profit attributable to shareholders increasing 17.69% to CNY 93.44 million Key Financial Data for Q1 2022 | Indicator | Current Period | YoY Change (%) | | :--- | :--- | :--- | | Operating Revenue (CNY) | 917,007,642.00 | 14.09 | | Net Profit Attributable to Listed Company Shareholders (CNY) | 93,435,319.02 | 17.69 | | Net Cash Flow from Operating Activities (CNY) | -296,019,165.49 | Not Applicable | | Basic Earnings Per Share (CNY/share) | 0.14 | 16.67 | | Weighted Average Return on Net Assets (%) | 2.37 | Increased 0.03 percentage points | | Balance Sheet Items | As of Current Period End | Change from Prior Year-End (%) | | Total Assets (CNY) | 10,065,523,377.07 | -5.85 | | Total Equity Attributable to Listed Company Shareholders (CNY) | 3,981,083,171.29 | 2.65 | Non-Recurring Gains and Losses Non-recurring gains and losses totaled CNY 3.67 million for the period, primarily driven by CNY 4.38 million in government subsidies Details of Non-Recurring Gains and Losses for Q1 2022 | Item | Amount (CNY) | | :--- | :--- | | Gains/Losses from Disposal of Non-Current Assets | 52,266.78 | | Government Subsidies Included in Current Profit/Loss | 4,381,081.74 | | Other Non-Operating Income and Expenses | 58,997.67 | | Less: Income Tax Impact | 686,703.95 | | Less: Impact on Minority Interests (After Tax) | 136,356.38 | | Total | 3,669,285.86 | Analysis of Key Financial Indicator Changes R&D expenses increased 36.48% due to new innovation institute investments, while accounts receivable notes rose 115.41% from increased bill collections Changes in Key Financial Indicators and Reasons | Item Name | Change (%) | Primary Reason | | :--- | :--- | :--- | | Research and Development Expenses | 36.48 | Primarily due to increased R&D investment from the group's newly established innovation institute | | Notes Receivable | 115.41 | Primarily due to increased collection of acceptance bills in Q1 | | Short-term Borrowings | -32.01 | Primarily due to repayment of bank loans | | Notes Payable | 67.14 | Primarily due to an increase in acceptance bills issued | Shareholder Information Shareholding Structure As of the reporting period end, the company had 19,864 common shareholders, with the top ten holding a dispersed stake, led by Yang Weidong at 3.98% - As of the end of the reporting period, the company had a total of 19,864 common shareholders[10] Top Ten Shareholders' Holdings | Shareholder Name | Shareholder Type | Shareholding (%) | | :--- | :--- | :--- | | Yang Weidong | Domestic Individual | 3.98 | | E Fund Yuxiang Return Bond Fund | Unknown | 3.82 | | Hong Kong Securities Clearing Company Limited | Unknown | 3.74 | | Qiu Guisong | Domestic Individual | 3.65 | | Ming Tuzhang | Domestic Individual | 3.26 | | Hu Anbing | Domestic Individual | 2.88 | | SDIC UBS Optimized Enhanced Bond Fund | Unknown | 2.05 | | Yuan Jianhua | Domestic Individual | 2.04 | | ICBC Credit Suisse Strategic Transformation Theme Stock Fund | Unknown | 1.78 | | Wang Hui | Domestic Individual | 1.54 | Other Significant Matters Operational Highlights In Q1 2022, the company secured new business contracts totaling CNY 2.73 billion, marking a 35.50% year-over-year increase - In the first quarter of 2022, the company secured new business contracts totaling CNY 2.73 billion, representing a 35.50% increase compared to the same period last year[12] Quarterly Financial Statements Consolidated Balance Sheet As of March 31, 2022, total assets were CNY 10.07 billion, a 5.85% decrease from year-end, while total liabilities decreased 10.84% to CNY 5.98 billion Key Items from Consolidated Balance Sheet | Item | March 31, 2022 (CNY) | December 31, 2021 (CNY) | | :--- | :--- | :--- | | Total Assets | 10,065,523,377.07 | 10,690,943,227.41 | | Total Liabilities | 5,977,549,977.43 | 6,703,901,871.26 | | Total Equity Attributable to Parent Company Shareholders | 3,981,083,171.29 | 3,878,208,225.67 | | Total Equity | 4,087,973,399.64 | 3,987,041,356.15 | Consolidated Income Statement In Q1 2022, total operating revenue reached CNY 917.01 million, up 14.09%, resulting in a net profit attributable to parent company shareholders of CNY 93.44 million, up 17.69% Key Items from Consolidated Income Statement | Item | Q1 2022 (CNY) | Q1 2021 (CNY) | | :--- | :--- | :--- | | Total Operating Revenue | 917,007,642.00 | 803,749,404.56 | | Total Operating Costs | 824,286,552.27 | 717,830,212.84 | | Operating Profit | 107,128,501.15 | 98,654,437.27 | | Total Profit | 107,243,798.86 | 98,649,490.52 | | Net Profit Attributable to Parent Company Shareholders | 93,435,319.02 | 79,389,202.91 | | Basic Earnings Per Share (CNY/share) | 0.14 | 0.12 | Consolidated Cash Flow Statement Net cash flow from operating activities was -CNY 296.02 million in Q1 2022, an improvement from -CNY 324.46 million in the prior year, with overall cash and equivalents decreasing by CNY 350.17 million Key Items from Consolidated Cash Flow Statement | Item | Q1 2022 (CNY) | Q1 2021 (CNY) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -296,019,165.49 | -324,456,563.72 | | Net Cash Flow from Investing Activities | -4,854,433.13 | -100,177,204.70 | | Net Cash Flow from Financing Activities | -49,290,541.52 | 91,684,519.05 | | Net Increase/Decrease in Cash and Cash Equivalents | -350,173,300.94 | -332,933,794.18 | | Cash and Cash Equivalents at Period End | 1,338,388,313.29 | 1,195,667,956.11 |