CYTS(SH:600138)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥1,381,457,849.27, representing a decrease of 1.20% compared to the same period last year[5]. - The net profit attributable to shareholders of the listed company was -¥112,054,142.13, with a basic earnings per share of -¥0.1548[5]. - The company reported a significant increase in net loss compared to the previous year's loss of -¥65,186,874.51[9]. - The basic and diluted earnings per share both stood at -¥0.1548, worsening from -¥0.0901 in the same period last year[9]. - Net profit for Q1 2022 was a loss of ¥177,822,237.83, compared to a loss of ¥89,025,875.66 in Q1 2021, indicating a significant increase in losses[34]. - Total revenue for Q1 2022 was CNY 42,938,277.30, a decrease of 5.9% compared to CNY 45,651,941.93 in Q1 2021[51]. - Operating profit for Q1 2022 was CNY 5,997,084.22, a significant improvement from a loss of CNY 32,708,223.81 in Q1 2021[54]. - Net profit for Q1 2022 reached CNY 6,149,241.65, compared to a net loss of CNY 31,246,851.67 in the same period last year[54]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥348,961,625.60, significantly impacted by the pandemic and high accounts payable in product sales[9]. - The net cash flow from operating activities for Q1 2022 was ¥92,524,021.12, a significant improvement compared to a net outflow of ¥39,700,929.46 in Q1 2021[55]. - Total cash inflow from operating activities reached ¥512,832,173.23, compared to ¥85,197,569.69 in the same period last year, indicating a growth of approximately 502%[55]. - Cash outflow from operating activities was ¥420,308,152.11, up from ¥124,898,499.15 in Q1 2021, reflecting an increase of about 236%[55]. - The net cash flow from investing activities was ¥2,160,527.28, a recovery from a net outflow of ¥199,142,046.20 in Q1 2021[55]. - Cash inflow from financing activities was ¥320,000,000.00, up from ¥130,000,000.00 in Q1 2021, representing a growth of about 146%[57]. - The ending balance of cash and cash equivalents increased to ¥734,305,505.26, compared to ¥228,766,593.45 at the end of Q1 2021[57]. Assets and Liabilities - Total assets at the end of the reporting period were ¥17,467,834,241.59, showing a slight increase of 0.11% from the end of the previous year[7]. - The equity attributable to shareholders of the listed company decreased to ¥6,235,390,426.79, down 1.78% from the previous year[7]. - Total liabilities increased to ¥9,021,981,763.48 in Q1 2022 from ¥8,826,137,524.04 in Q1 2021, reflecting a growth of 2.2%[30]. - Current liabilities increased to CNY 1,894,023,358.25 in Q1 2022, compared to CNY 1,830,233,835.21 in Q1 2021[48]. - Total assets increased to CNY 5,325,180,408.61 in Q1 2022, up from CNY 5,256,110,378.72 in Q1 2021[48]. - Total liabilities rose to CNY 2,091,957,581.67 in Q1 2022, compared to CNY 2,029,036,793.43 in Q1 2021[48]. Visitor and Revenue Performance - The Wuzhen scenic area received 175,400 visitors, a decrease of 65.13% year-on-year, with operating revenue of RMB 53.3 million, down 58.76%[17]. - The Gubei Water Town received 207,800 visitors in Q1 2022, an increase of 29.84% year-on-year, with operating revenue of RMB 149.46 million, up 41.30%[20]. - The ongoing impact of the pandemic has severely affected the company's scenic area business, leading to a substantial decline in performance[9]. - The company is focusing on local market expansion and has launched promotional activities to attract local visitors[17]. Strategic Initiatives - The company continues to enhance its digital and intelligent service offerings in the hotel business[21]. - The strategic investment business remains stable, contributing to continuous revenue and profit[21].