CTCG(SH:600358)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥162,577,173.36, representing a decrease of 6.42% compared to the same period last year[6]. - The net profit attributable to shareholders was ¥8,331,835.08, with a diluted earnings per share of ¥0.0165[6][7]. - The company reported a net loss of RMB 548,912,180.37 for Q1 2022, compared to a net loss of RMB 557,244,015.45 in Q1 2021, indicating a slight improvement[18]. - In Q1 2022, the company reported a net profit of ¥8,902,764.26, a significant recovery from a net loss of ¥12,562,074.75 in Q1 2021, marking a turnaround of approximately 171%[21]. - The total revenue from operating activities increased to ¥206,819,489.42 in Q1 2022, compared to ¥205,406,460.99 in Q1 2021, reflecting a slight growth of 0.7%[24]. - The company’s total comprehensive income for Q1 2022 was ¥6,759,046.87, compared to a loss of ¥11,720,223.54 in Q1 2021, representing a recovery of around 157%[22]. - Basic and diluted earnings per share were both reported at ¥0.0165, a recovery from a loss of ¥0.0208 per share in the previous year[22]. Cash Flow and Liquidity - Cash flow from operating activities was ¥32,561,779.14, with significant cash inflows from increased receivables[6]. - The company achieved a net cash flow from operating activities of ¥32,561,779.14, a substantial improvement from a negative cash flow of ¥2,474,659.12 in the same period last year[24]. - Cash and cash equivalents at the end of Q1 2022 stood at ¥102,992,473.29, up from ¥38,186,295.38 at the end of Q1 2021, reflecting an increase of approximately 169%[25]. - The company raised ¥58,000,000.00 in borrowings during Q1 2022, compared to ¥20,000,000.00 in the same period last year, indicating a 190% increase in financing activities[25]. Assets and Liabilities - Total assets at the end of the reporting period were ¥582,939,214.75, an increase of 3.22% from the end of the previous year[7]. - Total assets as of March 31, 2022, were RMB 582,939,214.75, compared to RMB 564,748,780.77 at the end of 2021, showing an increase of 3.93%[18]. - Total liabilities increased to RMB 382,968,150.57 from RMB 368,371,125.96 at the end of 2021, an increase of 4.83%[18]. - The company's total equity as of March 31, 2022, was RMB 199,971,064.18, up from RMB 196,377,654.81 at the end of 2021, reflecting a growth of 0.81%[18]. Operational Efficiency - The company experienced a 19.36% reduction in operating costs, contributing to an increase in gross margin[9]. - Total operating costs for Q1 2022 were RMB 153,024,743.33, down 18.24% from RMB 186,822,580.05 in Q1 2021[20]. - The total operating expenses decreased to ¥174,257,710.28 in Q1 2022 from ¥207,881,120.11 in Q1 2021, showing a reduction of about 16%[24]. - Research and development expenses rose to ¥570,000.00 in Q1 2022, up from ¥380,000.00 in Q1 2021, indicating an increase of approximately 50%[21]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 46,808[12]. - The largest shareholder, Jiangxi Tourism Group Co., Ltd., held 19.57% of the shares, with a significant portion pledged[12].