2022-04-28 16:00Financial Performance - The total operating revenue for Q1 2022 was CNY 12,917,577, a decrease of 11.41% compared to the same period last year[2]. - The net profit attributable to shareholders of the listed company was a loss of CNY 8,899,923, with a basic earnings per share of -0.65 CNY[2]. - The company reported a net loss for Q1 2022, reflecting ongoing challenges in the market[14]. - The net profit for Q1 2022 was -9,871,659, a decrease from -6,947,050 in Q1 2021, representing a year-over-year decline of approximately 42.5%[15]. - The total comprehensive income for Q1 2022 was -10,009,745, compared to -6,864,345 in Q1 2021, indicating a decline of approximately 45.5%[16]. - The basic earnings per share for Q1 2022 was -0.65, compared to -0.45 in Q1 2021, indicating a decline in earnings per share[16]. Cash Flow and Assets - The net cash flow from operating activities was -CNY 7,658,829, indicating significant cash outflow[2]. - Cash and cash equivalents decreased to CNY 11,953,983 from CNY 16,709,664, a reduction of 28.5%[11]. - Cash and cash equivalents at the end of Q1 2022 were 11,211,826, an increase from 9,191,568 at the end of Q1 2021[19]. - The cash flow from operating activities was -7,658,829 in Q1 2022, worsening from -1,254,296 in Q1 2021[18]. - The net cash flow from financing activities was 4,843,655 in Q1 2022, compared to 4,440,874 in Q1 2021, showing an increase of approximately 9.1%[19]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 293,138,034, down 1.77% from the end of the previous year[3]. - Current assets decreased to CNY 26,015,418 as of March 31, 2022, down from CNY 30,396,728 at the end of 2021, representing a decline of 14.5%[11]. - Total liabilities increased to CNY 237,282,706 as of March 31, 2022, compared to CNY 232,550,079 at the end of 2021, an increase of 2.5%[12]. - Total assets decreased to CNY 293,138,034 from CNY 298,415,152, a decline of 1.5%[13]. - The company's equity attributable to shareholders decreased to CNY 52,375,762 from CNY 61,402,519, a drop of 14.7%[13]. - Shareholders' equity attributable to shareholders of the listed company decreased to CNY 52,375,762, a decline of 14.70%[3]. Operational Challenges - The company faced challenges due to the resurgence of domestic COVID-19 cases and rising fuel prices, impacting overall performance[5]. - The company did not report any new product launches or significant market expansion strategies during this quarter[8]. Costs and Expenses - Total operating costs for Q1 2022 were CNY 23,144,688, slightly up from CNY 23,098,558 in Q1 2021[14]. - Research and development expenses increased to 38,099 in Q1 2022 from 30,249 in Q1 2021, reflecting a growth of approximately 25.9%[15]. - The company reported a significant increase in financial expenses, totaling 1,251,104 in Q1 2022, down from 1,615,728 in Q1 2021, a reduction of about 22.5%[15]. Shareholder Information - The top shareholder, China National Aviation Holding Company, holds 40.98% of the shares, with significant stakes from foreign entities as well[7].