Guangdong Jushen Logistics Co., Ltd. 2022 First Quarter Report
The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.
Important Content Reminder:
- The board of directors, supervisory board, and directors, supervisors, and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report, and bear individual and joint legal responsibilities.
- The person in charge of the company, the person in charge of accounting work, and the head of the accounting institution (accounting supervisor) declare: to ensure the truthfulness, accuracy, and completeness of the financial information in the quarterly report.
- Has the first quarter report been audited? □ Yes √ No
I. Main Financial Data
(1) Main Accounting Data and Financial Indicators
Does the company need to retrospectively adjust or restate previous years' accounting data? □ Yes √ No
| Item | Current Period | Same Period Last Year | Change (%) |
|---|---|---|---|
| Operating Revenue (yuan) | 281,209,443.53 | 201,210,173.35 | 39.76% |
| Net Profit Attributable to Shareholders (yuan) | 10,567,018.34 | 18,522,368.04 | -42.95% |
| Net Profit Attributable to Shareholders after Deducting Non-Recurring Gains and Losses (yuan) | 10,650,344.95 | 15,792,855.24 | -32.56% |
| Net Cash Flow from Operating Activities (yuan) | -11,888,631.35 | -34,406,976.86 | 65.45% |
| Basic Earnings per Share (yuan/share) | 0.08 | 0.19 | -57.89% |
| Diluted Earnings per Share (yuan/share) | 0.08 | 0.19 | -57.89% |
| Weighted Average Return on Net Assets | 1.43% | 7.07% | -5.64% |
| Item | End of Current Period | End of Last Year | Change (%) |
|---|---|---|---|
| Total Assets (yuan) | 1,055,657,657.15 | 1,027,522,684.87 | 2.74% |
| Total Equity Attributable to Shareholders (yuan) | 743,039,626.12 | 732,501,819.95 | 1.44% |
(2) Non-Recurring Gains and Losses Items and Amounts
√ Applicable □ Not Applicable Unit: yuan
| Item | Amount for Current Period | Description |
|---|---|---|
| Loss from Disposal of Non-Current Assets (including reversal of impairment provision) | -25,900.14 | - |
| Other Non-Operating Income and Expenses (excluding above) | -106,174.14 | - |
| Other items meeting the definition of non-recurring gains and losses | 25,395.09 | - |
| Less: Income Tax Impact | -23,352.58 | - |
| Total | -83,326.61 | - |
(3) Changes in Main Accounting Data and Financial Indicators and Reasons
√ Applicable □ Not Applicable Unit: yuan
| Balance Sheet Item | End Balance | Last Year End Balance | Change Amount | Change Ratio | Main Reasons for Change |
|---|---|---|---|---|---|
| Prepayments | 8,836,594.40 | 4,223,159.52 | 4,613,434.88 | 109.24% | Due to prepaid freight, fuel, etc. |
| Other Receivables | 25,812,944.08 | 17,616,330.84 | 8,196,613.24 | 46.53% | Due to increased security deposits |
| Deferred Tax Assets | 1,698,358.84 | 1,159,600.58 | 538,758.26 | 46.46% | Increase due to bad debt provision |
| Other Non-Current Assets | 1,696,032.29 | 5,643,602.29 | -3,947,570.00 | -69.95% | Decrease due to reduced prepayments for engineering equipment |
| Short-term Loans | 120,292,612.50 | 91,286,166.02 | 29,006,446.48 | 31.78% | Increase in bank loans and bill discounting |
| Accounts Payable | 15,560,447.67 | 26,251,796.81 | -10,691,349.14 | -40.73% | Decrease in payable transportation unloading fees and payable engineering and equipment fees |
| Employee Compensation Payable | 4,290,685.38 | 7,640,291.27 | -3,349,605.89 | -43.84% | Due to payment of last year's year-end bonuses |
| Other Payables | 11,999,674.73 | 7,252,623.24 | 4,747,051.49 | 65.45% | Increase in customer security deposits |
| Long-term Payables | 367,170.50 | 547,889.40 | -180,718.90 | -32.98% | Decrease in financing lease payments |