Financial Performance - The company's operating revenue for the first quarter was RMB 71,917,000, representing a decrease of 54.42% compared to the same period last year[6]. - The net profit attributable to shareholders of the listed company was a loss of RMB 87,947,000, with a net profit excluding non-recurring gains and losses of a loss of RMB 74,797,000[6]. - The net cash flow from operating activities was negative RMB 16,179,000, reflecting a decline of 163.83% year-on-year[6]. - The total operating revenue for Q1 2022 was RMB 71,917 thousand, a decrease of 54.4% compared to RMB 157,775 thousand in Q1 2021[45]. - The company reported a net loss of RMB 87,395 thousand for Q1 2022, compared to a net loss of RMB 68,152 thousand in Q1 2021[45]. - The total comprehensive income attributable to the parent company for Q1 2022 was -87,947 thousand RMB, compared to -70,161 thousand RMB in Q1 2021, reflecting a decrease of about 25.4%[47]. - Basic and diluted earnings per share for Q1 2022 were both -0.16 RMB, compared to -0.13 RMB in Q1 2021, representing a decline of approximately 23.1%[47]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 2,345,366,000, down 2.56% from the end of the previous year[6]. - The total liabilities as of March 31, 2022, were RMB 3,942,405 thousand, slightly up from RMB 3,916,433 thousand as of December 31, 2021[40]. - The total equity attributable to shareholders was RMB -1,519,243 thousand as of March 31, 2022, worsening from RMB -1,431,296 thousand as of December 31, 2021[41]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 12,044[20]. - The largest shareholder, Shanghai Qijin Enterprise Management Partnership, holds 85,200,000 shares, accounting for 15.56% of the total shares[21]. - Shanghai Wensheng Asset Management Co., Ltd. indirectly holds 100% of Shanghai Qijin, with a combined total of 106,800,000 shares, representing 19.5% of the total share capital[24]. - The company has repurchased a total of 3,573,200 A-shares, which is 0.65% of the total share capital and 1.07% of the A-share capital[29]. Operational Challenges - The company's revenue decline was primarily due to a reduction in the number of operating stores compared to the same period last year[14]. - The financial expenses increased by 290.13%, attributed to overdue and delayed interest from ongoing and unresolved litigation cases[14]. - There is a significant risk of bankruptcy liquidation, with creditors having previously applied for bankruptcy proceedings against the company[32]. - The company is involved in ongoing litigation with a total amount of approximately RMB 1.975 billion for settled but not fully executed cases and RMB 466 million for unresolved cases[33]. - The company has identified RMB 9.5 million in funds occupied by its former controlling shareholder and is pursuing legal action to recover these funds[34]. Cash Flow Analysis - Cash inflows from operating activities in Q1 2022 totaled 56,421 thousand RMB, down 60.7% from 143,609 thousand RMB in Q1 2021[50]. - Cash outflows from operating activities in Q1 2022 were 72,600 thousand RMB, compared to 118,262 thousand RMB in Q1 2021, a decrease of about 38.6%[50]. - The ending cash and cash equivalents balance for Q1 2022 was 43,438 thousand RMB, compared to 32,298 thousand RMB in Q1 2021, showing an increase of approximately 34.6%[56]. - The company reported cash outflows from financing activities of 15,243 thousand RMB in Q1 2021, with no cash inflows recorded for Q1 2022[54]. - The company did not report any cash inflows from investment activities in Q1 2022, compared to 218 thousand RMB in Q1 2021[50].
拉夏贝尔(06116) - 2022 Q1 - 季度财报