TSGF(SZ:002800)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 368,995,894.95, representing a 32.39% increase compared to CNY 278,728,189.83 in the same period last year[3]. - The net profit attributable to shareholders decreased by 9.56% to CNY 7,369,738.01 from CNY 8,149,153.59 year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 29.97% to CNY 5,587,846.46 compared to CNY 7,979,321.11 in the previous year[3]. - Total operating revenue for the current period reached ¥368,995,894.95, a significant increase of 32.4% compared to ¥278,728,189.83 in the previous period[19]. - Net profit for the current period was ¥9,616,340.36, representing a 52.5% increase from ¥6,315,094.22 in the same period last year[20]. - The total comprehensive income for the current period was ¥9,616,340.36, up from ¥6,315,094.22 in the previous period[21]. Assets and Liabilities - The total assets at the end of the reporting period increased by 9.66% to CNY 1,159,168,688.81 from CNY 1,057,072,542.15 at the end of the previous year[3]. - As of March 31, 2022, the total assets of Xinjiang Tienshun Supply Chain Co., Ltd. amounted to CNY 1,159,168,688.81, an increase from CNY 1,057,072,542.15 at the beginning of the year[14]. - The company's total liabilities reached CNY 566,525,403.32, up from CNY 474,395,597.03 at the start of the year, indicating a significant increase in financial obligations[17]. - The company's total current assets amounted to CNY 946,362,967.42, an increase from CNY 862,595,278.97 at the beginning of the year[16]. Cash Flow - The company's cash flow from operating activities improved by 14.03%, with a net outflow of CNY 44,823,955.54 compared to CNY 52,139,088.98 in the same period last year[3]. - The company reported a net cash outflow from operating activities of ¥44,823,955.54, an improvement from a net outflow of ¥52,139,088.98 in the previous period[24]. - The cash flow from financing activities increased by 117.44% to CNY 65,707,679.69, attributed to increased bank borrowings[8]. - The company raised ¥147,350,000.00 through financing activities, a significant increase from ¥47,000,000.00 in the previous period[24]. Investments and Expenses - The company did not incur any R&D expenses during the reporting period, marking a 100% decrease from CNY 94,269.37 in the previous year[8]. - The company invested CNY 19.8 million in January 2022 to acquire a 2.5442% stake in Hainan (Tanniu) Wenchang Chicken Co., Ltd.[12]. - The company incurred a financial expense of ¥4,223,963.43, which is an increase from ¥3,196,999.63 in the prior period[19]. - Investment activities resulted in a net cash outflow of ¥22,532,603.08, compared to a smaller outflow of ¥93,311.81 in the previous period[24]. Equity and Shareholder Information - The total equity attributable to shareholders of the parent company was CNY 572,943,587.76, compared to CNY 565,573,849.75 at the beginning of the year, reflecting a slight growth in shareholder equity[18]. - Basic earnings per share decreased to ¥0.0678 from ¥0.1091 in the previous period, reflecting a decline of 37.8%[21]. Other Financial Metrics - The company's weighted average return on net assets decreased to 1.29% from 1.66% in the previous year[3]. - The company experienced a 1392.10% increase in credit impairment losses, amounting to CNY 1,605,888.29, due to the recovery of bad debts from other receivables[7]. - The company reported a significant increase in accounts payable by 50.82%, reaching CNY 49,314,583.24 due to increased freight and goods payable[7]. - Accounts receivable increased to CNY 310,130,751.73 from CNY 296,018,425.31, showing a growth of approximately 4.3%[16]. - The company’s inventory decreased to CNY 58,643,632.29 from CNY 71,641,022.64, indicating a reduction of approximately 18.2%[16]. - The company’s short-term borrowings increased to CNY 392,319,455.58 from CNY 324,009,799.05, reflecting a rise of about 21.1%[17]. - The company's cash and cash equivalents stood at CNY 254,970,004.13, a decrease from CNY 259,008,753.15 at the beginning of the year[15].