SCPH(SZ:200488)2022-04-29 16:00Financial Performance - The company's revenue for Q1 2022 was ¥8,514,983,059.74, a decrease of 16.57% compared to ¥10,205,724,007.89 in the same period last year[3] - Net profit attributable to shareholders was ¥113,917,827.90, down 90.34% from ¥1,179,076,577.84 year-on-year[3] - Basic and diluted earnings per share were both ¥0.032, a decrease of 91.23% from ¥0.365 in the previous year[3] - Operating profit for Q1 2022 was CNY 157.42 million, down 89.2% from CNY 1.45 billion in the same period last year[26] - The company reported a total comprehensive income of CNY 141.30 million for Q1 2022, down from CNY 1.21 billion in the same period last year[26] Cash Flow - The net cash flow from operating activities was ¥222,704,964.47, a significant decline of 93.42% compared to ¥3,386,890,222.27 in Q1 2021[3] - The net cash flow from financing activities was -739,682,476.50 CNY, a decrease from -3,285,797,443.75 CNY in the previous year[30] - The total cash and cash equivalents at the end of the period were 2,624,717,072.34 CNY, down from 4,296,451,467.10 CNY year-over-year[30] - The net increase in cash and cash equivalents was -544,198,774.68 CNY, compared to -92,718,496.69 CNY in the same period last year[30] - The cash flow from financing activities totaled 10,037,916,014.42 CNY, down from 14,711,102,183.32 CNY year-over-year[30] Assets and Liabilities - Total assets at the end of the reporting period were ¥82,883,968,181.20, a slight increase of 0.05% from ¥82,841,454,602.24 at the end of the previous year[3] - Total liabilities as of the end of Q1 2022 were CNY 60.15 billion, slightly down from CNY 60.29 billion at the end of Q1 2021[26] - The company's total equity increased to CNY 22.73 billion in Q1 2022, compared to CNY 22.55 billion in Q1 2021[26] Government Subsidies and Investments - The company received government subsidies amounting to ¥92,491,113.20, an increase of 58.29% compared to ¥58,431,534.65 in the same period last year[12] - The company received a government subsidy of RMB 39.25 million for technological transformation, which has been fully received[22] - The company’s construction in progress increased by 70.34% to ¥336,846,329.16, primarily due to investments in technical upgrades and relocation projects[9] Shareholder Information - The total number of common shareholders at the end of the reporting period is 169,369, including 146,611 A-share holders, 22,424 B-share holders, and 334 H-share holders[17] - The top 10 shareholders hold a total of 15.32% (457,322,919 shares) by Chenming Holdings Limited, with 274,220,000 shares pledged[17] Research and Development - Research and development expenses for Q1 2022 were CNY 344.17 million, a decrease of 5.8% from CNY 365.49 million in Q1 2021[26] Financial Expenses - The company’s financial expenses for Q1 2022 were CNY 551.56 million, down 21.2% from CNY 699.09 million in the previous year[26] Other Financial Metrics - The weighted average return on equity decreased by 5 percentage points to 0.51%[3] - The company’s investment income decreased by 148.80%, resulting in a loss of ¥30,691,914.23 compared to a profit of ¥62,891,682.38 in Q1 2021[12] - The company has a long-term receivables balance of approximately RMB 1.79 billion, showing a slight decrease from RMB 1.79 billion at the beginning of the year[24] - The company has a total of 1,955,000 bonds repurchased, amounting to RMB 195.5 million, with a remaining custody of 1,545,000 bonds[20] - The company has adjusted the interest rate of its "18 Chen Bond 01" to 6.50% for the fourth year of its term[20] Audit Status - The first quarter report was not audited[31]