祥源文旅(600576) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥34,687,094.68, representing a decrease of 11.27% compared to the same period last year[6] - Net profit attributable to shareholders was ¥3,081,470.74, down 44.70% year-over-year[6] - The net profit after deducting non-recurring gains and losses was ¥1,002,547.69, a decline of 79.39% compared to the previous year[6] - Basic earnings per share were ¥0.005, reflecting a decrease of 44.44% year-over-year[6] - Total operating revenue for Q1 2022 was ¥34,687,094.68, a decrease of 11.4% from ¥39,090,952.07 in Q1 2021[29] - Net profit for Q1 2022 was ¥284,111.11, a significant decline of 91.4% compared to ¥3,318,280.46 in Q1 2021[32] - The total comprehensive income attributable to the parent company for Q1 2022 was ¥3,081,470.74, down from ¥5,572,719.44 in Q1 2021[34] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,197,444,616.96, a decrease of 0.64% from the previous year[9] - The total current assets amount to approximately CNY 853.20 million, a slight decrease from CNY 859.18 million in the previous period, representing a decline of about 0.8%[24] - The company's total assets decreased from CNY 1,205.12 million to CNY 1,197.44 million, a decline of about 0.6%[24] - The total liabilities decreased from CNY 156.09 million to CNY 148.13 million, reflecting a reduction of about 5.9%[27] - The company's long-term receivables increased from CNY 121.40 million to CNY 123.50 million, an increase of about 1.7%[24] - The company’s non-current liabilities decreased from CNY 7.96 million to CNY 7.27 million, a reduction of approximately 8.7%[27] Cash Flow - The net cash flow from operating activities was negative at -¥79,447,770.36, indicating increased cash payments related to operating activities[6] - Cash flow from operating activities was ¥163,531,240.65 in Q1 2022, down 44.5% from ¥294,684,776.85 in Q1 2021[34] - The net cash flow from operating activities was -79,447,770.36, compared to -30,031,477.51 in the previous period, indicating a decline in operational performance[37] - Total cash outflow from operating activities amounted to 242,979,011.01, a decrease from 324,716,254.36 in the prior period[37] - The net cash flow from financing activities was -387,990.08, slightly worse than -377,402.58 in the previous period[37] - The total cash and cash equivalents at the end of the period were 283,097,149.48, down from 290,514,652.79 at the beginning of the period[39] - The net increase in cash and cash equivalents was -75,835,760.44, compared to -30,407,923.58 in the previous period[39] Expenses - Total operating costs increased to ¥30,969,356.38 in Q1 2022, up 39.6% from ¥22,162,699.83 in Q1 2021[29] - The company reported a significant increase in sales expenses to ¥2,084,154.16 in Q1 2022, compared to ¥2,267,208.76 in Q1 2021[29] - Research and development expenses were ¥1,069,400.77 in Q1 2022, a decrease from ¥1,319,176.71 in Q1 2021[29] - The company paid 7,374,130.51 in employee compensation, which is a decrease from 9,203,391.70 in the prior period[37] - Tax payments amounted to 5,326,108.57, significantly higher than 1,247,580.79 in the previous period[37] - Cash outflow related to other operating activities was 65,778,271.05, an increase from 47,574,985.47 in the prior period[37] Government Support and Acquisitions - The company received government subsidies amounting to ¥6,126.58 during the reporting period[9] - The company plans to acquire 100% equity of Beijing Bailong Green Technology Co., Ltd., 100% equity of Phoenix Xiangsheng Tourism Development Co., Ltd., and other assets through a share issuance[19] - The company has received acceptance from the China Securities Regulatory Commission for its application regarding the issuance of shares for asset acquisition[19] Inventory and Foreign Exchange - The company’s inventory increased from CNY 22.71 million to CNY 26.23 million, representing an increase of approximately 15.5%[24] - The company experienced a foreign exchange gain of ¥1,195,600.00 in Q1 2022, contrasting with a loss of ¥67,200.00 in Q1 2021[32] - The impact of exchange rate changes on cash and cash equivalents was 13,054.51[39]