HNA Technology(SH:900938)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 34,408 thousand, a decrease of 99.96% compared to the same period last year[2] - The net profit attributable to shareholders was CNY 81,357 thousand, down 79.84% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 33,866 thousand, a decline of 84.29% compared to the previous year[2] - In Q1 2022, the company achieved revenue of RMB 34.29 million, primarily from transporting bulk commodities such as iron ore, coal, and bauxite[9] - Total operating revenue for Q1 2022 was 34,408 thousand RMB, a significant decrease from 85,096,906 thousand RMB in Q1 2021, representing a decline of approximately 99.96%[15] - Net profit for Q1 2022 was 76,936 thousand RMB, compared to 620,683 thousand RMB in Q1 2021, reflecting a decline of approximately 87.62%[16] - The comprehensive income total for Q1 2022 was 75,943 thousand RMB, down from 487,342 thousand RMB in Q1 2021, a decrease of about 84.42%[17] - Basic and diluted earnings per share for Q1 2022 were both 0.0281 RMB, compared to 0.1392 RMB in Q1 2021, a decline of approximately 79.83%[17] Assets and Liabilities - The total assets at the end of the reporting period were CNY 11,295,638 thousand, representing a decrease of 8.45% from the end of the previous year[3] - As of March 31, 2022, the total assets amounted to RMB 11,295.64 million, a decrease from RMB 12,337.76 million as of December 31, 2021[12] - The total liabilities as of March 31, 2022, were RMB 3,626.15 million, compared to RMB 4,744.21 million at the end of 2021[14] - The company’s non-current assets totaled RMB 2,445.12 million, slightly up from RMB 2,437.95 million at the end of 2021[13] - The company’s total equity remained stable at RMB 13,105.46 million as of March 31, 2022[14] Cash Flow - The cash flow from operating activities was CNY 23,806 thousand, with no applicable comparison due to the nature of the data[2] - Cash flow from operating activities for Q1 2022 was 23,806 thousand RMB, a recovery from a negative cash flow of -6,277,325 thousand RMB in Q1 2021[20] - Cash inflow from investment activities in Q1 2022 was 63,794 thousand RMB, compared to 2,911 thousand RMB in Q1 2021, indicating a significant increase[20] - Cash inflow from financing activities totaled $4,603,671[21] - Cash outflow from financing activities amounted to $1,039,942, resulting in a net cash flow from financing activities of -$1,039,942[21] - The impact of exchange rate changes on cash and cash equivalents was -$2,165[21] - The net increase in cash and cash equivalents was -$955,645, compared to -$2,395,740 in the previous period[21] - The beginning balance of cash and cash equivalents was $7,710,121, leading to an ending balance of $6,754,476[21] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 107,416[5] - The largest shareholder, HNA Technology Group Co., Ltd., held 602,006,689 shares, accounting for 20.76% of the total shares[6] - The top shareholder, HNA Technology Group Co., Ltd., held 602,006,689 shares, representing 29.44% of the total share capital[7] - The company has a cumulative pledge of shares amounting to 656,948,380 shares, which is 76.98% of the total share capital[7] Operational Highlights - The company reported a significant decrease in operating income primarily due to the non-consolidation of Inmai's revenue this period[4] - The company maintained a 100% safe operation rate during the reporting period, with vessels sailing over 28,000 nautical miles[9] - The company reported a significant reduction in accounts payable from RMB 60.09 million to RMB 36.77 million[14] - The company’s accounts receivable decreased by 31.88%, mainly due to the recovery of receivables from the previous period[4]