Financial Performance - Operating revenue for Q1 2022 was RMB 21,471 million, an increase of 1.03% compared to the same period last year[4] - Net profit attributable to shareholders was a loss of RMB 4,496 million, representing a decrease of 12.23% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of RMB 4,575 million, a decline of 18.89% compared to the previous year[4] - The basic and diluted earnings per share were both RMB -0.27, reflecting a decrease of 3.85% year-on-year[4] - Net profit for Q1 2022 was a loss of RMB 4,539 million, compared to a loss of RMB 4,114 million in Q1 2021[18] - The company reported a total comprehensive loss of RMB 4,539 million in Q1 2022, compared to a loss of RMB 4,102 million in Q1 2021[20] Assets and Liabilities - Total assets at the end of the reporting period were RMB 319,820 million, down 0.97% from the end of the previous year[4] - Total assets as of March 31, 2022, were RMB 319,820 million, a decrease from RMB 322,948 million as of December 31, 2021[16] - Total liabilities increased from RMB 238,703 million as of December 31, 2021, to RMB 240,114 million as of March 31, 2022, indicating a growth of about 0.6%[15] - Shareholders' equity attributable to shareholders was RMB 63,120 million, a decrease of 6.65% compared to the previous year[4] - Shareholders' equity attributable to the parent company decreased to RMB 63,120 million from RMB 67,616 million[16] Cash Flow - The net cash flow from operating activities was RMB 17 million, with no applicable year-on-year comparison[4] - Cash inflow from operating activities in Q1 2022 was RMB 23,889 million, an increase from RMB 22,500 million in Q1 2021[21] - Net cash outflow from operating activities for Q1 2022 was 23,872 million, compared to 22,551 million in Q1 2021, reflecting an increase of 5.8%[22] - Net cash flow from investing activities for Q1 2022 was -2,834 million, an improvement from -3,552 million in Q1 2021, indicating a reduction in cash outflow by 20.3%[22] - Cash inflow from financing activities in Q1 2022 totaled 28,910 million, down 38.5% from 47,060 million in Q1 2021[23] - The net increase in cash and cash equivalents for Q1 2022 was -1,736 million, worsening from -400 million in Q1 2021[23] - The ending balance of cash and cash equivalents for Q1 2022 was 19,720 million, down from 25,019 million in Q1 2021, representing a decline of 21.1%[23] Operational Metrics - The company had a weighted average return on equity of -5.54%, an increase of 0.41 percentage points year-on-year[4] - Total current assets decreased from RMB 37,866 million as of December 31, 2021, to RMB 35,427 million as of March 31, 2022, a decline of approximately 6.4%[13] - Total non-current assets slightly decreased from RMB 285,082 million as of December 31, 2021, to RMB 284,393 million as of March 31, 2022[14] - Accounts receivable increased from RMB 2,894 million as of December 31, 2021, to RMB 3,116 million as of March 31, 2022, reflecting an increase of about 7.7%[12] Employee and Tax Expenses - Cash paid to employees in Q1 2022 was 7,398 million, an increase of 6.7% from 6,934 million in Q1 2021[22] - Cash paid for taxes in Q1 2022 was 1,257 million, up 50.6% from 834 million in Q1 2021[22] Guarantees and Compliance - The company has provided guarantees totaling $53.79 billion for 43 SPV companies as of the reporting period end[11] - The company continues to manage its SPV guarantees within the authorized limits set by the shareholders' meeting, ensuring compliance and risk management[11]
中国南方航空股份(01055) - 2022 Q1 - 季度财报