BJBASHI(SH:600386)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥905,602,671.17, representing a decrease of 7.01% compared to the same period last year[5] - The net profit attributable to shareholders was ¥7,180,660.72, down 59.01% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥5,665,910.96, a decline of 66.28% compared to the previous year[5] - Net profit for Q1 2022 was ¥15,032,838.20, a decline of 36.5% compared to ¥23,694,882.88 in Q1 2021[18] - The company reported a comprehensive income total of -¥7,759,346.80 for Q1 2022, compared to ¥20,512,190.38 in Q1 2021[18] - Basic earnings per share for Q1 2022 were CNY 0.01, compared to CNY 0.02 in Q1 2021[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,233,061,628.65, down 3.47% from the end of the previous year[6] - The company's total assets decreased to ¥4,233,061,628.65 in Q1 2022 from ¥4,385,119,365.46 in Q1 2021, reflecting a reduction of 3.5%[16] - Total liabilities decreased to ¥2,243,178,303.28 in Q1 2022 from ¥2,387,476,693.29 in Q1 2021, a decline of 6.0%[16] Cash Flow - Cash inflow from operating activities was CNY 941,689,836.02, a decrease of 3.57% from CNY 976,564,680.58 in Q1 2021[20] - Net cash flow from operating activities was CNY 862,171.62, a significant improvement from a net outflow of CNY -29,905,320.03 in Q1 2021[20] - Cash outflow for investing activities totaled CNY 16,861,300.33, down from CNY 29,718,285.18 in Q1 2021[21] - Net cash flow from investing activities was CNY -11,609,242.13, an improvement from CNY -23,392,484.09 in Q1 2021[21] - Cash inflow from financing activities was CNY 132,540,760.00, slightly up from CNY 131,733,727.14 in Q1 2021[21] - Net cash flow from financing activities was CNY -126,066,145.44, worsening from CNY -93,406,875.55 in Q1 2021[21] - The ending cash and cash equivalents balance was CNY 638,747,721.72, compared to CNY 628,570,951.75 at the end of Q1 2021[21] Operational Metrics - The weighted average return on equity decreased by 0.59 percentage points to 0.39%[6] - Accounts receivable increased by 34.19%, primarily due to the growth in the company's new energy and advertising businesses[8] - Inventory rose by 31.60%, mainly due to increased inventory at the subsidiary Haiyijie[8] - Construction in progress surged by 60.33%, attributed to the expansion of the subsidiary Longrui Sanyou's new energy charging pile project[8] - Deferred tax assets increased by 111.35%, mainly due to changes in the fair value of other equity investments[8] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 26,493[11] Research and Development - Research and development expenses increased to ¥6,400,248.44 in Q1 2022 from ¥5,479,126.47 in Q1 2021, representing a growth of 16.8%[17] Operating Costs - Total operating costs for Q1 2022 were ¥877,783,506.70, down 6.6% from ¥940,159,503.13 in Q1 2021[17]