CGWS(SZ:002939)2022-04-29 16:00Financial Performance - Total operating revenue for Q1 2022 was ¥623,631,469.90, a decrease of 56.00% compared to ¥1,417,261,479.35 in the same period last year[3] - Net profit attributable to shareholders was -¥78,271,539.83, representing a decline of 125.73% from ¥304,210,395.24 year-on-year[3] - Basic earnings per share decreased by 125.51%, from ¥0.098 to -¥0.025[3] - The weighted average return on net assets fell by 2.07 percentage points to -0.40%[3] - The company reported a significant drop in investment income, which fell to CNY 140.75 million from CNY 414.63 million, a decline of 66.1%[19] - The comprehensive income total for Q1 2022 was a loss of CNY 84.39 million, compared to a gain of CNY 345.14 million in the same quarter last year[21] - Net profit for Q1 2022 was a loss of CNY 70.97 million, compared to a profit of CNY 310.98 million in Q1 2021, representing a significant decline[20] Assets and Liabilities - Total assets increased by 1.76% to ¥94,328,773,486.99 compared to the end of the previous year[3] - The total liabilities of the company were CNY 70.56 billion, compared to CNY 69.12 billion at the beginning of the year, reflecting an increase of approximately 2.08%[17] - The company's total liabilities increased to CNY 74.30 billion, up from CNY 72.58 billion year-over-year[18] - The company's equity attributable to shareholders decreased to CNY 19.50 billion from CNY 19.59 billion year-over-year[18] Cash Flow - The net cash flow from operating activities was -¥802,111,348.18, compared to -¥1,222,933,261.21 in the same period last year[3] - Cash inflow from operating activities totaled 8,514,349,965.07 CNY, compared to 8,096,137,466.22 CNY in the prior period, reflecting a growth of approximately 5.2%[22] - Cash outflow from operating activities was 9,316,461,313.25 CNY, slightly decreased from 9,319,070,727.43 CNY in the previous period[22] - The net cash flow from investing activities was 200,677,261.28 CNY, up from 75,575,528.55 CNY year-over-year[23] - Cash inflow from financing activities was 4,546,177,467.37 CNY, down from 6,427,804,224.87 CNY in the previous period[23] - The net cash flow from financing activities was -930,862,639.90 CNY, a significant decline compared to a positive flow of 2,833,919,526.68 CNY in the previous period[23] Shareholder Information - The company had 82,351 common shareholders at the end of the reporting period[8] - The top three shareholders held a combined 71.43% of the shares, with Huaneng Capital Service Co., Ltd. holding 46.38%[8] Operational Changes - The company has closed five securities business offices to optimize its network layout and enhance resource integration[12] - The company has adjusted its non-public issuance of A-shares, which was approved by the China Securities Regulatory Commission in April 2022[15] Other Financial Metrics - The company's cash and cash equivalents decreased to CNY 19.23 billion from CNY 19.79 billion, a decline of about 2.83%[16] - The company's receivables increased to CNY 516.50 million from CNY 360.47 million, marking a rise of approximately 43.29%[17] - The financial investments of the company reached CNY 37.97 billion, up from CNY 34.54 billion, indicating an increase of about 9.00%[17] - The company reported a total of CNY 1.54 billion in other assets, an increase from CNY 1.20 billion, representing a growth of approximately 28.14%[17] - The company experienced a foreign exchange loss of CNY 338,996.85, contrasting with a gain of CNY 329,259.98 in the previous year[20] - Non-recurring gains and losses totaled ¥3,470,116.78, primarily from government subsidies and asset disposal gains[4] - The company has not experienced any significant litigation or arbitration matters during the reporting period, with total unresolved cases amounting to CNY 174.74 million[14]