2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 4,830,257,440, a decrease of 44.16% compared to CNY 8,650,533,658 in the same period last year[3] - Net profit attributable to shareholders was CNY 1,070,996,613, down 55.95% from CNY 2,431,210,656 in Q1 2021[3] - The net profit after deducting non-recurring gains and losses was CNY 1,015,612,612.15, a decrease of 57.77% compared to CNY 2,404,984,632.04 in the previous year[3] - Basic and diluted earnings per share were both CNY 0.04, down 60% from CNY 0.10 in the same period last year[3] - The total profit for the period was RMB 1,139,407,278.86, down 61.4% from RMB 2,948,458,565.64 in Q1 2021[12] - The total comprehensive income for the period was RMB 907,371,803.75, a decrease of 56.9% from RMB 2,104,853,644.14 in the same quarter last year[12] - The company's total operating expenses were RMB 3,683,722,289.42, down from RMB 5,699,567,126.04 in Q1 2021, indicating a reduction of 35.4%[12] Cash Flow and Assets - The net cash flow from operating activities was CNY 8,583,559,593.22, showing a significant improvement from a negative cash flow of CNY -5,431,710,737.93 in the previous year[3] - The company's cash and cash equivalents reached RMB 119.89 billion, up from RMB 108.58 billion, indicating a growth of about 10.71%[11] - The company reported a total cash and cash equivalents balance of RMB 156,368,994,937.47 at the end of Q1 2022, up from RMB 133,372,355,411.39 at the end of Q1 2021[13] - Total assets increased by 3.14% to CNY 619,863,397,872.56 from CNY 601,011,467,253.09 at the end of the previous year[3] - As of March 31, 2022, total assets amounted to RMB 619.86 billion, an increase from RMB 601.01 billion as of December 31, 2021, reflecting a growth of approximately 3.08%[11] Shareholder Information - The total number of common shareholders at the end of the reporting period is 307,154[8] - China Jianyin Investment Co., Ltd. holds 26.34% of shares, totaling 6,596,306,947 shares[8] - Central Huijin Investment Ltd. holds 20.05% of shares, totaling 5,020,606,527 shares[8] - The top ten shareholders include state-owned entities, with the majority holding RMB ordinary shares[8] - The company’s total number of preferred shareholders is not applicable for this reporting period[10] Liabilities and Equity - Total liabilities stood at RMB 511.90 billion, compared to RMB 493.96 billion, marking an increase of approximately 3.67%[11] - The company's equity attributable to shareholders reached RMB 107.96 billion, up from RMB 107.05 billion, reflecting a growth of about 0.85%[11] - The total equity of minority shareholders was RMB 11.86 billion, compared to RMB 11.83 billion, reflecting a slight increase of about 0.25%[11] Other Financial Metrics - Credit impairment losses increased by 178.86% to CNY 268,922,263.96 compared to CNY 96,436,446.98 in the previous year[7] - The company reported a significant decrease in income tax expenses, down 97.49% compared to the previous year, reflecting a reduction in taxable income[7] - Net commission and fee income increased to RMB 2,127,113,188.52 from RMB 1,996,315,055.27, representing a growth of 6.6% year-over-year[12] - The company incurred a net interest expense of RMB 77,109,652.63, compared to net interest income of RMB 600,494,453.51 in the previous year[12] - The company's weighted average return on equity decreased by 1.60 percentage points to 1.12% from 2.72% in the previous year[3] Corporate Actions - The company completed the issuance of corporate bonds totaling RMB 3 billion, with two varieties: RMB 1.8 billion at a 3.11% interest rate for 3 years and RMB 1.2 billion at a 3.50% interest rate for 5 years[10] - The company provided a guarantee of RMB 100 million for its wholly-owned subsidiary Hongyuan Hengli (Shanghai) Industrial Co., Ltd.[10] - The number of shares held by Shanghai Jiushi (Group) Co., Ltd. decreased by 7,277,000 shares compared to December 2021 due to participation in margin trading[9] - Sichuan Development (Holding) Co., Ltd. increased its holdings by 49,500,000 shares compared to December 2021 due to margin trading activities[9] - The company’s H-share shareholders are represented by Hong Kong Central Clearing (Agent) Co., Ltd., which holds 2,503,800,170 shares[9]