Tianlong Corporation(SH:603266)2022-04-28 16:00Major Financial Data Key Financial Indicators for Q1 2022 The company reported robust Q1 2022 financial performance, with revenue growing 14.05% and net profit attributable to shareholders increasing 4.06% Key Financial Indicators for Q1 2022 | Indicator | Current Period | YoY Change (%) | | :--- | :--- | :--- | | Operating Revenue | 314,785,959.21 CNY | 14.05% | | Net Profit Attributable to Shareholders of Listed Company | 30,304,242.86 CNY | 4.06% | | Net Profit Attributable to Shareholders of Listed Company (Excluding Non-Recurring Gains/Losses) | 28,189,449.60 CNY | 8.34% | | Net Cash Flow from Operating Activities | 63,257,364.93 CNY | 12.13% | | Basic Earnings Per Share (CNY/share) | 0.15 CNY | 0.00% | | Total Assets (Period-end) | 1,754,286,876.04 CNY | 1.90% (vs. end of prior year) | | Shareholders' Equity Attributable to Shareholders of Listed Company (Period-end) | 1,239,467,261.34 CNY | 2.55% (vs. end of prior year) | Non-Recurring Gains and Losses Items and Amounts Non-recurring gains and losses totaled 2.11 million CNY, primarily from wealth management product income and government subsidies Details of Non-Recurring Gains and Losses | Item | Current Period Amount (CNY) | Explanation | | :--- | :--- | :--- | | Gains/Losses on Disposal of Non-Current Assets | 368,148.57 | - | | Government Grants | 889,755.91 | - | | Gains/Losses from Entrusted Investments or Asset Management | 1,212,328.77 | Wealth Management Product Income | | Other Non-Operating Income and Expenses | 16,242.77 | - | | Less: Income Tax Impact | 371,682.76 | - | | Total | 2,114,793.26 | - | Changes and Reasons for Major Accounting Data and Financial Indicators Significant fluctuations in financial items include an 88.43% increase in monetary funds and a 767.27% surge in financial expenses due to exchange losses Major Changes in Items and Reasons | Item | Change (%) | Primary Reason | | :--- | :--- | :--- | | Monetary Funds | 88.43 | Primarily due to increased bank deposits from maturing wealth management products | | Financial Expenses | 767.27 | Primarily due to increased exchange losses in the current period | | Investment Income | -54.58 | Primarily due to decreased wealth management income from idle funds in the current period | | Gains on Asset Disposal | 35,923.40 | Primarily due to increased gains from fixed asset disposal in the current period | | Net Cash Flow from Investing Activities | 234.85 | Primarily due to reduced purchases of wealth management products with idle funds compared to the same period last year | Shareholder Information Shareholding Status As of the reporting period end, the company had 13,911 common shareholders, with the controlling shareholder holding 48.35% and some shares pledged - As of the end of the reporting period, the company had 13,911 common shareholders12 Top Ten Shareholders' Shareholding Status | Shareholder Name | Shareholder Nature | Shareholding (%) | Pledge Status | | :--- | :--- | :--- | :--- | | Zhejiang Antai Holding Group Co., Ltd. | Domestic Non-State-Owned Legal Person | 48.35 | Pledged 47,620,000 shares | | Zhang Yihua | Domestic Natural Person | 10.80 | None | | Ningbo Junrui Investment Partnership (Limited Partnership) | Domestic Non-State-Owned Legal Person | 5.91 | Pledged 5,000,000 shares | | Zhang Haidong | Domestic Natural Person | 1.39 | None | | Shen Zhaohui | Domestic Natural Person | 0.64 | None | - Controlling shareholder Zhejiang Antai Holding Group Co., Ltd. forms a concerted action relationship with Ningbo Junrui Investment Partnership (Limited Partnership) and Zhang Haidong13 Quarterly Financial Statements Consolidated Balance Sheet As of March 31, 2022, total assets reached 1.75 billion CNY, growing 1.90%, with a stable asset-liability structure and 65.2% liquidity Key Balance Sheet Data | Item | March 31, 2022 | December 31, 2021 | | :--- | :--- | :--- | | Total Assets | 1,754,286,876.04 CNY | 1,721,551,845.17 CNY | | Total Current Assets | 1,144,041,644.34 CNY | 1,106,969,954.72 CNY | | Total Non-Current Assets | 610,245,231.70 CNY | 614,581,890.45 CNY | | Total Liabilities | 514,819,614.70 CNY | 512,863,174.47 CNY | | Total Current Liabilities | 439,178,513.17 CNY | 433,979,205.16 CNY | | Total Owners' Equity | 1,239,467,261.34 CNY | 1,208,688,670.70 CNY | Consolidated Income Statement Q1 2022 saw total operating revenue of 314.79 million CNY, up 14.05%, with net profit attributable to parent company shareholders at 30.30 million CNY Key Income Statement Data | Item | Q1 2022 | Q1 2021 | | :--- | :--- | :--- | | Total Operating Revenue | 314,785,959.21 CNY | 276,018,276.43 CNY | | Total Operating Costs | 282,430,111.09 CNY | 246,428,678.14 CNY | | Including: Operating Costs | 247,228,114.74 CNY | 212,787,724.62 CNY | | R&D Expenses | 11,612,798.02 CNY | 9,862,938.36 CNY | | Operating Profit | 34,013,423.00 CNY | 34,509,066.97 CNY | | Net Profit Attributable to Parent Company Shareholders | 30,304,242.86 CNY | 29,120,956.05 CNY | | Basic Earnings Per Share (CNY/share) | 0.15 CNY | 0.15 CNY | Consolidated Cash Flow Statement The company maintained strong cash flow, with net cash from operating activities at 63.26 million CNY and a significant increase in cash and cash equivalents Key Cash Flow Statement Data | Item | Q1 2022 | Q1 2021 | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 63,257,364.93 CNY | 56,414,227.44 CNY | | Net Cash Flow from Investing Activities | 41,393,637.49 CNY | -30,696,471.62 CNY | | Net Cash Flow from Financing Activities | -5,020,539.49 CNY | -3,587,923.16 CNY | | Net Increase in Cash and Cash Equivalents | 99,495,226.50 CNY | 22,723,959.40 CNY | | Cash and Cash Equivalents at Period-end | 193,229,506.58 CNY | 155,762,551.95 CNY |