Sunasia(SH:600593)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 26,431,887.33, representing a decrease of 9.43% compared to the same period last year[4]. - The net profit attributable to shareholders was CNY -29,980,576.08, a decline of 41.26% year-on-year[4]. - The net loss for Q1 2022 was CNY 34,883,525.40, compared to a net loss of CNY 23,105,540.55 in Q1 2021, representing a deterioration of 50.7%[21]. - The company's total equity attributable to shareholders decreased to CNY 243,126,151.47 from CNY 268,513,194.12 year-over-year, a decline of 9.4%[18]. - Total operating costs increased to CNY 61,791,700.23, up 14.4% from CNY 54,020,132.42 in the same period last year[20]. - The basic and diluted earnings per share for Q1 2022 were both CNY -0.2328, compared to CNY -0.1648 in Q1 2021[22]. - Total comprehensive income for Q1 2022 was -14,070,824.67 RMB, reflecting ongoing challenges in the business environment[31]. Cash Flow and Liquidity - The cash flow from operating activities was CNY -683,303.90, which increased by 87.30% compared to the previous year[4]. - Cash inflow from operating activities was CNY 33,542,980.20, a decrease from CNY 38,788,206.77 in Q1 2021[23]. - The net cash flow from operating activities was negative CNY 683,303.90, compared to negative CNY 5,380,098.89 in the previous year, indicating an improvement in cash flow[25]. - Cash inflow from financing activities was 42,890,000.00 RMB, a decrease of 70.8% compared to 147,190,000.00 RMB in Q1 2021[34]. - The ending cash and cash equivalents balance was 133,124.76 RMB, down from 2,255,629.11 RMB in Q1 2021[34]. - The company reported a significant decline in cash received from sales of goods and services, totaling 4,339,491.04 RMB compared to 19,384,599.40 RMB in Q1 2021, a drop of 77.7%[33]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,059,757,237.80, down 1.51% from the end of the previous year[5]. - The company's current assets totaled RMB 81,296,403.15, down from RMB 98,642,467.95 at the end of 2021, indicating a decline of approximately 17.5%[16]. - The total liabilities amounted to CNY 1,688,848,758.37, slightly down from CNY 1,695,539,514.21 in the previous year[22]. - The total liabilities increased slightly to CNY 768,970,461.46 from CNY 764,961,178.21 at the end of 2021[28]. - The company's short-term borrowings decreased to RMB 137,644,706.27 from RMB 152,834,619.50, a reduction of approximately 9.9%[16]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 4,309[10]. - The company has a total of 25,077,213 shares held by related parties, accounting for 19.46% of the total share capital[13]. - The company has a total of 12,880,032 shares held by another group of related parties, representing 10.00% of the total share capital[13]. Operational Highlights - The company reported accounts receivable of RMB 3,903,532.36, down from RMB 4,646,546.25, representing a decline of about 16%[16]. - The inventory increased slightly to RMB 6,835,654.06 from RMB 6,574,121.29, showing a growth of approximately 4%[16]. - The company incurred total operating costs of CNY 17,035,423.86 in Q1 2022, compared to CNY 16,388,616.30 in Q1 2021, reflecting an increase of approximately 4%[30]. - The company reported a significant increase in financial expenses, totaling CNY 11,127,492.25, up from CNY 8,438,529.29 in the previous year[20]. - The company has not disclosed any new product developments or market expansion strategies in the current report[31].