ZYSC(SH:600280)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥685,903,075.20, representing a decrease of 35.50% compared to the same period last year[4]. - The net profit attributable to shareholders was ¥10,615,936.89, down 68.19% year-on-year[4]. - The basic earnings per share decreased by 68.97% to ¥0.009[4]. - The net loss for the period was reported at RMB -599,716,888.92, an improvement from RMB -610,332,825.81 in the previous period[12]. - Net profit for Q1 2022 was ¥7,171,907.04, down 77.4% from ¥31,681,033.82 in Q1 2021[14]. - Operating profit for Q1 2022 was ¥35,933,623.63, a decline of 41.6% from ¥61,562,473.34 in Q1 2021[13]. Cash Flow and Liquidity - The net cash flow from operating activities was ¥35,168,545.39, a decline of 49.05% compared to the previous year[4]. - Cash flow from operating activities for Q1 2022 was ¥35,168,545.39, down 49.1% from ¥69,019,821.02 in Q1 2021[15]. - The company's cash and cash equivalents decreased to RMB 384,503,359.12 from RMB 513,954,044.56[11]. - Cash and cash equivalents at the end of Q1 2022 were ¥306,269,987.22, a decrease from ¥505,695,669.72 at the end of Q1 2021[16]. - The company reported a net cash decrease of ¥99,642,343.92 in Q1 2022, compared to a decrease of ¥1,376,852.60 in Q1 2021[16]. - Cash outflow from financing activities for Q1 2022 was ¥104,818,352.88, compared to a cash outflow of ¥54,094,835.95 in Q1 2021[16]. Assets and Liabilities - Total assets at the end of the reporting period were ¥13,238,919,897.93, a slight decrease of 0.12% from the end of the previous year[5]. - As of March 31, 2022, total current assets amounted to RMB 7,395,310,974.72, slightly up from RMB 7,344,111,876.50 at the end of 2021[11]. - Total liabilities decreased slightly to RMB 12,218,521,200.83 from RMB 12,242,136,668.71[12]. - The company's total equity increased to RMB 1,020,398,697.10 from RMB 1,013,226,790.06[12]. - The company's total assets stood at RMB 13,238,919,897.93, marginally down from RMB 13,255,363,458.77[12]. Operating Costs and Income - The company reported a significant decrease in operating costs by 48.65% due to reduced revenue from the real estate sector[7]. - Total operating costs for Q1 2022 were ¥650,822,682.17, a decrease of 37.5% compared to ¥1,041,535,586.02 in Q1 2021[13]. - Interest expenses for Q1 2022 were ¥78,917,331.13, down from ¥92,161,697.23 in Q1 2021[13]. - The company recorded a non-operating income of ¥1,472,885.75, with a notable impact from government subsidies[6]. Shareholder Equity - Shareholders' equity attributable to the parent company increased by 1.09% to ¥985,642,921.02[5]. - The weighted average return on net assets decreased by 2.45 percentage points to 1.08%[4]. Other Observations - The company has not disclosed any significant new product developments or market expansion strategies during this reporting period[10]. - Accounts receivable increased to RMB 65,936,096.67 from RMB 53,354,987.24, reflecting a growth of approximately 23.5%[11]. - Inventory rose to RMB 6,329,588,983.98, compared to RMB 6,220,940,700.37, indicating an increase of about 1.75%[11]. - Short-term borrowings were reported at RMB 4,779,884,891.51, a slight decrease from RMB 4,787,477,701.55[12].