GWE(SH:600192)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 365,446,731.27, representing a decrease of 13.77% compared to the same period last year[5] - The net profit attributable to shareholders was a loss of CNY 18,063,757.28, a decline of 205.72% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 22,010,577.96, down 236.14% from the previous year[5] - The company reported a significant decline in total profit of 146.53% due to the impact of the pandemic on production and operations[7] - The net loss for Q1 2022 was ¥19,358,364.83, compared to a net loss of ¥8,338,981.34 in Q1 2021, representing a significant increase in losses[16] - The comprehensive loss for Q1 2022 totaled ¥24,171,955.45, compared to a comprehensive loss of ¥9,591,375.04 in Q1 2021[17] - Basic and diluted earnings per share for Q1 2022 were both -¥0.0409, compared to -¥0.0134 in Q1 2021[17] Cash Flow - The net cash flow from operating activities was a negative CNY 24,261,391.83, a decrease of 257.22% compared to the same period last year[5] - In Q1 2022, the cash inflow from operating activities was CNY 378,330,228.69, a decrease of 4.1% compared to CNY 394,770,672.78 in Q1 2021[20] - The cash inflow from other operating activities was CNY 96,221,265.07, slightly up from CNY 94,332,858.86 in Q1 2021[20] - The cash paid to employees increased to CNY 93,964,542.39 from CNY 86,099,492.91, reflecting an increase of 9.5%[20] - The cash outflow of CNY 133,450,799.56 for purchasing goods and services, down from CNY 149,260,702.44 in the previous year[20] - The cash inflow from investment activities totaled CNY 186,863,694.05, significantly improving from a negative cash flow of CNY -69,599,464.61 in Q1 2021[21] - The net cash flow from financing activities was negative at CNY -16,381,983.43, compared to a positive cash flow of CNY 146,637,879.74 in Q1 2021[21] Assets and Liabilities - The total assets at the end of Q1 2022 were CNY 4,551,319,330.34, down from CNY 4,681,547,727.71 at the end of the previous year[6] - The company's total liabilities decreased by 0.62% compared to the end of the previous year[6] - The total liabilities as of the end of Q1 2022 were ¥2,847,652,124.91, a decrease from ¥2,953,708,566.83 at the end of Q1 2021[16] - Total equity as of the end of Q1 2022 was ¥1,703,667,205.43, down from ¥1,727,839,160.88 at the end of Q1 2021[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 52,379[10] Expenses - Total operating costs for Q1 2022 were ¥385,847,627.10, down 11.5% from ¥432,864,749.77 in Q1 2021[16] - Research and development expenses for Q1 2022 were ¥9,581,132.91, slightly up from ¥9,324,749.83 in Q1 2021[16] - The company reported a decrease in sales expenses to ¥17,653,624.93 in Q1 2022 from ¥21,833,521.41 in Q1 2021[16] Cash and Cash Equivalents - The company's cash and cash equivalents increased by 48.83% due to receiving government land reserve payments of CNY 185 million[7] - The total cash and cash equivalents at the end of Q1 2022 reached CNY 319,322,001.09, up from CNY 243,706,882.26 at the end of Q1 2021, marking a 31% increase[21]