Financial Performance - The company's operating revenue for Q1 2022 was ¥63,210,417.04, a decrease of 40.88% compared to ¥106,916,454.88 in the same period last year[5] - Net profit attributable to shareholders was ¥298,630,655.54, a significant increase of 1,094.44% from a loss of ¥30,030,039.37 in the previous year[5] - The total operating revenue for the first quarter of 2022 was CNY 63,210,417.04, a decrease of approximately 40.7% compared to CNY 106,916,454.88 in the same period last year[21] - The net profit for Q1 2022 was CNY 290,435,610.49, a significant recovery from a net loss of CNY 28,870,589.99 in the same period last year[22] - Operating profit reached CNY 283,272,529.55, compared to an operating loss of CNY 25,496,100.49 in Q1 2021, indicating a strong turnaround[22] - The total comprehensive income for the period was CNY 297,176,797.30, compared to a loss of CNY -24,530,909.86 in Q1 2021, indicating a strong recovery[23] Cash Flow and Liquidity - The net cash flow from operating activities was -¥41,248,590.43, reflecting a decline of 22.30% compared to -¥33,728,346.59 in the same period last year[5] - The company reported a net cash outflow from operating activities of CNY -41,248,590.43, worsening from CNY -33,728,346.59 in Q1 2021[25] - Cash and cash equivalents at the end of the period increased to CNY 99,188,373.39 from CNY 61,179,391.21, marking a net increase of CNY 94,935,470.54[26] - The company's cash and cash equivalents increased to CNY 102,008,287.24 from CNY 10,169,290.45 at the beginning of the year, showing a significant growth[17] - The company received CNY 291,000,000.00 in borrowings during the quarter, contributing to a total cash inflow from financing activities of CNY 461,315,114.43[26] Assets and Liabilities - Total assets increased by 7.70% to ¥1,817,985,985.97 from ¥1,688,025,024.90 at the end of the previous year[5] - The total assets of the company as of March 31, 2022, were CNY 1,817,985,985.97, compared to CNY 1,688,025,024.90 at the beginning of the year, marking an increase of approximately 7.7%[19] - The total liabilities decreased to CNY 1,124,239,129.99 from CNY 1,286,490,023.10, reflecting a reduction of about 12.6%[19] - The company's equity attributable to shareholders increased to CNY 645,378,972.19 from CNY 374,623,602.89, showing a growth of approximately 72.3%[19] Investment and Non-Operating Income - The company reported non-operating income of ¥343,617,937.46, primarily from the transfer of equity in a subsidiary[7][9] - Investment income for the period was ¥336,433,378.04, resulting from the transfer of a subsidiary's equity[9] - The net cash flow from investment activities increased by 1,094.98% to ¥199,586,390.31, driven by cash received from the disposal of a subsidiary[10] Financial Ratios and Expenses - The company's weighted average return on equity rose to 58.55%, up 64.30 percentage points from -5.75% in the previous year[5] - The company experienced a 31.7% reduction in financial expenses compared to the previous year, attributed to a decrease in interest expenses from reduced interest-bearing liabilities[9] - The company incurred financial expenses of CNY 11,781,032.92, down from CNY 17,250,038.36 in the previous year, showing a reduction of approximately 32%[22] - The basic and diluted earnings per share for Q1 2022 were CNY 0.3214, a recovery from a loss per share of CNY -0.0323 in the same quarter last year[23] - The company reported a tax expense of CNY -329,156.63, a decrease from CNY -1,625,510.50 in the previous year, reflecting improved profitability[22] Changes in Subsidiaries - The company transferred 76% equity and CNY 145,237,801.28 debt of its subsidiary to Zijin Mining Group, resulting in the subsidiary no longer being included in the consolidated financial statements[14] - The company reported a significant reduction in net loss, with retained earnings improving from CNY -642,365,025.62 to CNY -343,734,370.08[19]
中润资源(000506) - 2022 Q1 - 季度财报