XAYS(000721)2022-04-19 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥114,899,109.63, an increase of 5.18% compared to ¥109,240,004.90 in the same period last year[4] - The net profit attributable to shareholders was -¥50,585,963.71, representing a decrease of 25.55% from -¥40,292,354.71 year-on-year[4] - Total operating costs for Q1 2022 were CNY 165,613,426.58, up 9.0% from CNY 152,040,611.87 in the same period last year[21] - Net loss for Q1 2022 was CNY 49,615,162.66, compared to a net loss of CNY 40,930,359.88 in Q1 2021, representing an increase in loss of 21.0%[23] - Basic and diluted earnings per share for Q1 2022 were both CNY -0.0881, compared to CNY -0.0807 in Q1 2021[23] Cash Flow - The net cash flow from operating activities was -¥38,599,900.10, a decline of 90.70% compared to -¥20,241,547.39 in the previous year[4] - The company’s cash flow statement for Q1 2022 indicates ongoing liquidity challenges, with cash outflows exceeding inflows[25] - Cash inflow from operating activities totaled 63,029,764.06 in the previous period[26] - Net cash outflow from operating activities was -20,241,547.39 in the prior period[26] - Cash inflow from investment activities was 54,926,400.00 in the previous period[26] - Net cash outflow from investment activities was -23,927,761.92 in the prior period[28] - Cash inflow from financing activities amounted to 318,333,477.36, a turnaround from -257,126,378.18, contrasting with a decrease of -305,873,305.39, up from $217,302,470.53 in the prior period[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,816,197,450.62, reflecting a growth of 16.48% from ¥1,559,240,437.76 at the end of the previous year[4] - The company's total liabilities amounted to CNY 1,103,462,850.45, slightly up from CNY 1,096,349,943.21 in the previous period[22] - The equity attributable to shareholders increased by 54.26% to ¥707,562,905.13 from ¥458,689,600.56 at the end of the previous year[4] - The equity attributable to shareholders of the parent company increased to CNY 707,562,905.13 from CNY 458,689,600.56, reflecting a growth of 54.2%[22] - The company reported a total of 461.71 million in current assets, a significant increase from 177.09 million at the beginning of the year, representing a growth of approximately 161%[16] - The company has a total of 1,354.48 million in non-current assets, a slight decrease from 1,382.15 million at the beginning of the year[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 51,610[8] - The top shareholder, Xi'an Tourism Group Co., Ltd., holds 31.34% of the shares, with a total of 179,858,388 shares[11] Government Support and Expenses - The company received government subsidies amounting to ¥1,165,225.87, which is a 52.24% increase from ¥765,374.22 in the previous year[7] - The company experienced a 67.02% rise in financial expenses, totaling ¥7,403,916.03, primarily due to increased interest expenses[7] - Financial expenses increased to CNY 7,403,916.03, up from CNY 4,433,043.11 in the previous year, indicating a rise of 67.5%[21] - The company reported a decrease in tax and additional charges to CNY 1,215,997.83 from CNY 1,394,506.11 year-over-year[21] Strategic Initiatives - The company is actively pursuing market expansion and new product development strategies to enhance its competitive position[13] - The company completed a non-public offering of shares, which significantly impacted its financial position and capital structure[7] - The company completed a non-public offering of shares, which was approved by the China Securities Regulatory Commission, enhancing its capital structure[13]