CSI(SH:600158)2022-04-25 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 205,076,815.50, representing a year-on-year increase of 12.96%[5] - The net profit attributable to shareholders of the listed company was a loss of CNY 52,538,058.55, with a basic and diluted earnings per share of -0.0548 yuan[5] - Total operating revenue for Q1 2022 was RMB 205,076,815.50, an increase of 12.93% compared to RMB 181,543,965.64 in Q1 2021[32] - Net profit for Q1 2022 was a loss of RMB 56,263,624.33, compared to a loss of RMB 86,511,246.19 in Q1 2021, representing a 34.93% improvement[35] - The total comprehensive income attributable to the parent company's shareholders for Q1 2022 was RMB -52,538,058.55, an improvement from RMB -53,734,688.01 in Q1 2021[37] - Operating profit for Q1 2022 was -8,362,101.30 RMB, compared to -6,473,312.12 RMB in Q1 2021, indicating a decline in profitability[51] - The net profit for Q1 2022 was -8,362,099.64 RMB, worsening from -6,353,312.12 RMB in the same period last year[51] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,861,312,004.32, an increase of 5.11% compared to the end of the previous year[7] - The company's total current assets amounted to approximately CNY 4.56 billion, an increase from CNY 4.27 billion as of December 31, 2021, representing a growth of about 6.8%[24] - The company's total assets reached CNY 5.86 billion, up from CNY 5.58 billion, which is an increase of about 5%[26] - Total liabilities rose to CNY 2.37 billion, compared to CNY 2.04 billion in the previous period, marking an increase of approximately 16.5%[30] - The total current liabilities increased to CNY 1.72 billion from CNY 1.44 billion, representing a growth of approximately 19.4%[30] - The company's long-term borrowings increased to CNY 564.39 million from CNY 507.06 million, reflecting an increase of about 11.3%[30] - The total liabilities and equity increased to RMB 5,861,312,004.32 from RMB 5,576,335,512.40, reflecting a growth of 5.10%[32] Cash Flow - The cash flow from operating activities was CNY 158,853,004.85, with significant changes in various financial metrics including a 47.03% increase in advance receipts[9] - Cash flow from operating activities increased significantly to RMB 752,594,613.53 from RMB 270,734,933.67, marking a growth of 177.73% year-over-year[36] - The net cash flow from operating activities was $158.85 million, a significant improvement from a negative cash flow of $289.84 million in the previous period[39] - Cash inflow from financing activities amounted to $85.28 million, down from $162.81 million in the previous period[39] - Cash outflow from investing activities was $13.60 million, a decrease from $24.40 million in the previous period[39] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 89,820[13] - The largest shareholder, the State Sports General Administration Sports Fund Management Center, holds 19.49% of the shares[13] Research and Development - Research and development expenses decreased by 84.56% due to changes in expense aggregation criteria[9] - Research and development expenses for Q1 2022 were RMB 4,428,492.78, a significant decrease of 84.54% compared to RMB 28,685,431.94 in Q1 2021[32] Other Financial Metrics - Other income increased by 463.47% primarily due to an increase in operating subsidies received[9] - The company reported a 100% decrease in fair value gains due to the redemption of all trading financial assets during the period[9] - The company reported a financial income of RMB 6,379,012.55 in Q1 2022, down from RMB 7,321,764.94 in Q1 2021[32] - The company experienced a loss in investment income of RMB 7,996,832.98 in Q1 2022, compared to a loss of RMB 5,457,948.07 in Q1 2021[35] - The company reported a financial income of 497,781.51 RMB in Q1 2022, down from 1,518,794.36 RMB in Q1 2021[50] - The company incurred a credit impairment loss of 207,575.97 RMB in Q1 2022, compared to a gain of -19,905.69 RMB in Q1 2021[50]