Guangzhou Restaurant(603043)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥747,387,647.78, representing an increase of 11.51% compared to the same period last year[6] - The net profit attributable to shareholders of the listed company was ¥52,511,173.40, reflecting a growth of 10.36% year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥50,742,322.47, which is an increase of 13.23% compared to the previous year[6] - The basic earnings per share for the period was ¥0.0928, down by 21.24% year-on-year[6] - The net profit for the first quarter of 2022 was CNY 53,241,743.99, an increase of 11.1% compared to CNY 47,609,800.85 in the same period of 2021[32] - The total revenue from operating activities was CNY 817,391,597.89, up from CNY 704,120,101.98 year-over-year, representing a growth of approximately 16.1%[37] - The total comprehensive income for the first quarter was CNY 53,241,743.99, compared to CNY 47,609,800.85 in the prior year, marking an increase of 11.1%[34] Cash Flow and Liquidity - The net cash flow from operating activities was -¥55,560,050.80, indicating a significant change from the previous year[6] - The cash flow from operating activities showed a net outflow of CNY -55,560,050.80, an improvement from CNY -130,011,110.19 in the previous year[37] - The net cash flow from financing activities was -113,753,713.31 in the previous period[39] - The net increase in cash and cash equivalents was -339,135,122.33 year-over-year[39] - The ending balance of cash and cash equivalents was 1,326,064,059.45 in the previous period[39] - The beginning balance of cash and cash equivalents was $1,936,609,687.52, indicating a decrease in cash reserves[39] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,751,616,912.87, a decrease of 1.61% compared to the end of the previous year[9] - Total assets as of March 31, 2022, were RMB 4,751,616,912.87, down from RMB 4,829,419,003.47 at the end of 2021, indicating a decrease of about 1.6%[26] - Total liabilities decreased to RMB 1,486,410,857.87 in Q1 2022 from RMB 1,637,586,333.70 at the end of 2021, reflecting a reduction of approximately 9.2%[28] - The company's equity attributable to shareholders increased to RMB 3,059,271,452.71 in Q1 2022 from RMB 2,986,628,638.07 at the end of 2021, representing an increase of about 2.4%[28] - The equity attributable to shareholders of the listed company was ¥3,059,271,452.71, which increased by 2.43% year-on-year[9] Operational Metrics - Total operating costs for Q1 2022 amounted to RMB 679,621,301.15, compared to RMB 614,057,439.69 in Q1 2021, indicating an increase of about 10.7%[28] - Accounts receivable increased to RMB 172,473,093.89 in Q1 2022 from RMB 134,844,701.02 in Q1 2021, showing a growth of about 27.9%[22] - Inventory decreased to RMB 288,440,934.37 in Q1 2022 from RMB 310,403,110.53 at the end of 2021, a decline of approximately 7.1%[22] - The company reported a significant increase of 69.25% in prepaid accounts, attributed to an increase in advance payments for goods[12] - The company reported a decrease in accounts payable to RMB 177,730,769.08 in Q1 2022 from RMB 246,858,522.18 in Q1 2021, a decline of approximately 28.0%[26] Expenses - Research and development expenses increased to CNY 16,332,308.75, compared to CNY 14,239,778.45 in the previous year, reflecting a growth of 14.7%[32] - The company's sales expenses rose to CNY 70,944,377.64, up from CNY 58,894,713.48, indicating an increase of 20.5%[32] - The company reported a decrease in financial expenses, with interest expenses at CNY 5,862,914.42, up from CNY 4,006,795.20, reflecting a rise of 46.2%[32] - The investment income reported a loss of CNY -381,678.79, an improvement from a loss of CNY -665,814.17 in the previous year[32] - The total cash outflow from investing activities was CNY 56,696,220.92, down from CNY 95,386,692.24, indicating a reduction of 40.6%[37] Shareholder Information - The top shareholder, Guangzhou Urban Construction Investment Group Co., Ltd., holds 50.85% of the shares[14] - The company did not conduct an audit for the financial statements of this quarter[6]