EBJB(SH:600622)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥674,716,987.71, representing a year-on-year increase of 22.91%[4] - The net profit attributable to shareholders was ¥36,096,303.74, with a year-on-year increase of 3.47%[4] - The company's basic and diluted earnings per share remained at ¥0.02[4] - Total operating revenue for Q1 2022 was RMB 674.72 million, an increase of 22.87% compared to RMB 548.96 million in Q1 2021[31] - Operating profit for Q1 2022 reached RMB 51.46 million, significantly up from RMB 2.31 million in Q1 2021[31] - Net profit for Q1 2022 was RMB 16.72 million, a turnaround from a net loss of RMB 27.29 million in Q1 2021[32] - The company reported a total comprehensive income of RMB 16.83 million in Q1 2022, compared to a loss of RMB 26.89 million in Q1 2021[32] Cash Flow and Liquidity - The net cash flow from operating activities was -¥112,168,908.22, a decrease of 115.97% compared to the same period last year[4] - Cash flow from operating activities showed a net outflow of RMB 112.17 million in Q1 2022, compared to a net inflow of RMB 702.52 million in Q1 2021[34] - Cash and cash equivalents at the end of Q1 2022 totaled RMB 4.15 billion, down from RMB 3.68 billion at the end of Q1 2021[34] - The company's cash and cash equivalents were RMB 4.15 billion as of March 31, 2022, down from RMB 4.52 billion at the end of 2021[26] Assets and Liabilities - The total assets at the end of the reporting period were ¥35,403,748,133.55, showing a slight increase of 0.08% from the previous year[4] - The company's total liabilities as of March 31, 2022, were RMB 26.01 billion, compared to RMB 25.87 billion at the end of 2021[27] - The company reported a total equity of RMB 9.39 billion as of March 31, 2022, down from RMB 9.51 billion at the end of 2021[28] - The company has a long-term debt of RMB 7.89 billion as of March 31, 2022, which is an increase from RMB 7.85 billion at the end of 2021[27] Investment and Projects - The company's investment properties increased by 51.10% to ¥453,417,220, primarily due to the transfer of the Hongqiao Center project from construction in progress[7] - The company reported a total of 37 projects under management in its real estate asset management business, with a managed scale of ¥462 billion[10] - The company generated operating income of ¥143,527,800 in its real estate asset management business, with management and consulting service fees contributing ¥103,703,600[10] - The company has a total leasable area of 94,508.18 square meters at the Guangda Anshi Center in Shanghai, with an occupancy rate of 91.8%[12] - The company has a total of 119,424.68 square meters of leasable area at the Chongqing Chaotianmen project, with an occupancy of 95.7%[12] Shareholder Information - The company reported a total of 49,859 ordinary shareholders at the end of the reporting period[15] - The top ten shareholders hold a combined total of 1,000,000,000 shares, representing 69.00% of the total shares[15] Debt Management - The company is in the process of issuing asset-backed notes with a total amount not exceeding RMB 1.7 billion to optimize its debt structure[17] - The company has registered and is preparing to issue asset-backed notes amounting to RMB 1.601 billion, which has been approved by the relevant authorities[17] - The company has approved the issuance of corporate bonds not exceeding RMB 880 million to optimize its debt structure and enhance operational capabilities[24] - The company is applying to register and issue non-financial corporate debt financing tools totaling up to RMB 3.5 billion to further expand financing channels[25] Operational Efficiency - The company's sales expenses decreased by 30.94% to ¥2,331,000, primarily due to reduced sales commissions and channel fees[7] - Total operating costs for Q1 2022 were RMB 635.42 million, up from RMB 542.93 million in Q1 2021, reflecting a 17.00% increase[31] - The company reported a decrease in financial expenses, with interest expenses at RMB 155.94 million in Q1 2022, compared to RMB 144.73 million in Q1 2021[31] - The company achieved a gross profit margin of approximately 50.00% in Q1 2022, compared to 56.00% in Q1 2021[31] Corporate Governance - The company has adjusted its supervisory board, electing a new supervisor due to the retirement of a previous member[21] - The company provided financial assistance of RMB 600 million to its subsidiary, with an outstanding principal of RMB 159.76 million at an interest rate of 8.5% per annum[19] - The company provided financial assistance totaling RMB 480 million to Anyi Investment, with RMB 440 million actually disbursed by the reporting period[23] Future Outlook - The company plans to expand its market presence through the development of new projects and strategic partnerships[18] - The company has proposed to provide liquidity support for the 4th phase of its asset-backed plan, enhancing its core competitive advantage in the industry[18]