CRCH(SH:600636)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥44,541,472.32, representing a decrease of 4.64% compared to the same period last year[5]. - The net profit attributable to shareholders was ¥2,081,608.60, down 48.78% year-on-year[5]. - The basic earnings per share (EPS) was ¥0.0047, reflecting a decline of 48.35% compared to the previous year[6]. - Total revenue for Q1 2022 was CNY 44,541,472.32, a decrease of 4.63% compared to CNY 46,707,105.83 in Q1 2021[17]. - Net profit for Q1 2022 was CNY 2,081,608.60, a decline of 48.75% from CNY 4,064,255.22 in Q1 2021[18]. - Operating profit for Q1 2022 was CNY 2,166,004.15, down 42.14% from CNY 3,747,822.49 in Q1 2021[18]. Cash Flow - The net cash flow from operating activities was negative at -¥49,067,459.06, indicating a significant cash outflow[5]. - Cash flow from operating activities for Q1 2022 was negative CNY 49,067,459.06, an improvement from negative CNY 67,249,359.81 in Q1 2021[19]. - The net cash flow from operating activities for Q1 2022 was -12,163,950.29 RMB, an improvement from -18,245,204.91 RMB in Q1 2021, indicating a reduction in cash outflow[27]. - The total cash outflow from operating activities was 16,115,946.43 RMB, down from 26,682,783.67 RMB in the previous year, showing a decrease of about 39%[27]. - The cash outflow for purchasing goods and services was 3,482,833.00 RMB, down from 13,453,290.50 RMB in the previous year, a decrease of about 74%[27]. - The company paid 7,958,899.28 RMB to employees, which is a decrease from 9,763,575.24 RMB in Q1 2021, reflecting a reduction of approximately 18.5%[27]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,696,418,392.82, a decrease of 2.14% from the end of the previous year[6]. - The total current assets amounted to approximately ¥1.39 billion, a decrease of 4.09% from ¥1.45 billion in the previous year[15]. - The total liabilities decreased to approximately ¥125.25 million from ¥186.24 million, a reduction of 32.73%[16]. - Total liabilities as of March 31, 2022, were CNY 93,652,538.31, down from CNY 99,724,491.83 as of December 31, 2021, indicating a reduction of approximately 6.5%[24]. - The company's total equity increased to CNY 2,846,833,443.49 as of March 31, 2022, compared to CNY 2,740,472,262.86 at the end of 2021, representing a growth of about 3.9%[24]. Shareholder Information - Total number of common shareholders at the end of the reporting period was 28,937[10]. - The largest shareholder, China Cultural Industry Development Group Co., Ltd., holds 110,216,220 shares, accounting for 24.66% of total shares[10]. Government Support and Other Income - The company received government subsidies amounting to ¥605,626.25, which were included in the current period's profit[7]. - The company noted a 515.83% increase in non-operating income, mainly from unemployment benefits received during the period[8]. Cost Management - The company experienced a 37.00% decrease in operating costs, attributed to a slight decline in operating revenue[8]. - The company reported a decrease in sales expenses to CNY 3,298,061.30 in Q1 2022 from CNY 4,209,907.76 in Q1 2021, reflecting a cost control strategy[26]. Investment Performance - Investment income for Q1 2022 was CNY 113,410,076.49, a significant increase compared to CNY 4,372,934.06 in Q1 2021, showcasing strong investment performance[26]. Research and Development - Research and development expenses for Q1 2022 were CNY 19,371,707.91, up 15.56% from CNY 16,726,109.56 in Q1 2021[17].