Semir(002563)2022-04-29 16:00Financial Performance - The company's revenue for Q1 2022 was approximately ¥3.31 billion, a slight decrease of 0.03% compared to the same period last year[2]. - Net profit attributable to shareholders decreased by 40.74% to approximately ¥209 million, down from ¥353 million in the previous year[2]. - Basic and diluted earnings per share both decreased by 38.46% to ¥0.08 per share[2]. - Total operating revenue for Q1 2022 was approximately CNY 3.77 billion, a decrease from CNY 3.87 billion in Q1 2021, representing a decline of about 2.5%[18]. - Net profit for Q1 2022 was CNY 200.53 million, down 43% from CNY 351.43 million in Q1 2021[16]. - Operating profit for Q1 2022 was CNY 268.68 million, significantly lower than CNY 564.31 million in the same period last year, indicating a decrease of approximately 52.4%[16]. - The total comprehensive income for Q1 2022 was CNY 200.69 million, compared to CNY 351.45 million in Q1 2021, reflecting a decrease of approximately 43%[17]. - The company's total operating costs for Q1 2022 were CNY 2.89 billion, an increase from CNY 2.66 billion in Q1 2021, representing a rise of about 8.7%[16]. - The income tax expense for Q1 2022 was CNY 65.17 million, down from CNY 212.38 million in Q1 2021, indicating a decrease of approximately 69.3%[16]. Cash Flow - The net cash flow from operating activities was negative at approximately -¥5.62 million, a significant decline from ¥746 million in the same period last year[2]. - The net cash flow from operating activities was -5,615,381.95 CNY, a significant decrease compared to 746,313,944.21 CNY in the same period last year[19]. - Cash outflow from operating activities totaled 3,776,237,264.00 CNY, up from 3,120,455,967.14 CNY year-over-year[19]. - The net cash flow from investing activities was 87,390,438.04 CNY, recovering from a negative cash flow of -153,432,981.98 CNY in the previous year[19]. - Cash inflow from investing activities amounted to 631,573,436.64 CNY, compared to 543,985,887.68 CNY in the prior year[19]. - Cash outflow from financing activities was 167,104,201.95 CNY, an increase from 96,595,368.17 CNY year-over-year[19]. - The net cash flow from financing activities was -69,753,483.68 CNY, worsening from -35,444,773.94 CNY in the same quarter last year[19]. - The ending balance of cash and cash equivalents was 4,985,001,032.82 CNY, down from 5,604,901,912.11 CNY at the end of the previous year[19]. - The company reported a decrease in tax payments, totaling 116,184,474.50 CNY compared to 221,760,865.12 CNY in the previous year[19]. - The cash paid to employees increased to 364,395,276.20 CNY from 351,417,159.49 CNY year-over-year[19]. - The company’s cash flow from investment activities showed a positive trend with cash inflows increasing by approximately 16.1% compared to the previous year[19]. Assets and Liabilities - Total assets decreased by 4.10% to approximately ¥18.97 billion compared to the end of the previous year[2]. - Total assets decreased from CNY 19,777,562,288.34 to CNY 18,967,266,839.43, a reduction of approximately 4.1%[15]. - Total liabilities decreased from CNY 8,093,817,678.57 to CNY 7,083,369,481.88, indicating a decline of about 12.5%[15]. - The company's non-current assets totaled CNY 4,570,692,240.73, down from CNY 4,690,586,298.45, reflecting a decrease of approximately 2.56%[14]. - The total equity attributable to shareholders increased from CNY 11,663,308,143.59 to CNY 11,871,854,390.44, marking an increase of about 1.78%[15]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 50,553[6]. - Qiu Guanghe holds 15.84% of the company's shares, totaling 426,784,300 shares, with 216,500,000 shares pledged[9]. - Qiu Jianqiang holds 13.34% of the company's shares, totaling 359,442,552 shares, with 106,000,000 shares pledged[8]. - The total number of shares pledged by Qiu Guanghe is 216,500,000, accounting for 50.73% of his holdings[9]. - The total number of shares pledged by Qiu Jianqiang is 106,000,000, accounting for 29.49% of his holdings[8]. - The top ten shareholders include Qiu Guanghe, Qiu Jianqiang, and Semir Group, with significant share pledges noted[6]. - The company has not disclosed any financing or margin trading activities among the top ten shareholders[6]. Employee Stock Ownership Plan - The company has a total of 11,818,000 RMB allocated for the second employee stock ownership plan, with participation from up to 98 employees[10]. - The company has completed the purchase of 13,854,163 shares under the second employee stock ownership plan[11]. - The company has a total of 4,000,000 shares held under the second employee stock ownership plan as of March 31, 2022[11]. Other Financial Metrics - The company reported a government subsidy income of approximately ¥2.60 million during the quarter[3]. - The company's financial expenses increased due to higher costs associated with buyer's acceptance bills[4]. - Research and development expenses increased to CNY 46.82 million in Q1 2022, compared to CNY 45.16 million in Q1 2021, reflecting a growth of about 3.6%[16]. - Sales expenses rose to CNY 797.62 million in Q1 2022, up from CNY 642.35 million in Q1 2021, marking an increase of approximately 24.3%[16]. - The company reported a financial income of CNY 9.50 million in Q1 2022, a significant improvement from a financial expense of CNY 32.07 million in Q1 2021[16].