CECL(SH:600675)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥686,581,652.48, representing a decrease of 14.54% compared to the same period last year[4]. - The net profit attributable to shareholders was -¥109,898,700.61, a decline of 259.61% year-on-year[4]. - Basic and diluted earnings per share were both -¥0.02, reflecting a decrease of 300.00% compared to the previous year[5][9]. - Net profit for Q1 2022 was -¥104,373,707.83, compared to a net profit of ¥102,780,872.97 in Q1 2021, indicating a significant decline[21]. - The company reported an investment loss of -¥56,653,812.31 in Q1 2022, compared to a gain of ¥75,294,955.40 in Q1 2021[21]. - The company's tax expenses for Q1 2022 were ¥38,071,565.81, compared to ¥49,889,442.93 in Q1 2021, showing a decrease of 23.5%[21]. - The net profit for Q1 2022 was a loss of CNY 148,032,082.59, compared to a loss of CNY 71,876,442.74 in Q1 2021, reflecting an increase in losses of approximately 105.5%[32]. Cash Flow - The net cash flow from operating activities was ¥675,827,521.26, with no applicable year-on-year comparison[4]. - The net cash flow from operating activities for Q1 2022 was RMB 675,827,521.26, a significant improvement compared to a net outflow of RMB 10,649,727.75 in Q1 2021[25]. - Total cash inflow from operating activities reached RMB 2,314,731,292.59, up from RMB 1,590,064,636.95 in the same period last year, representing an increase of approximately 45.5%[25]. - Cash outflow for operating activities was RMB 1,638,903,771.33, slightly higher than RMB 1,600,714,364.70 in Q1 2021, indicating a marginal increase of about 2.0%[25]. - The net cash flow from investing activities was RMB 493,675,098.89, down from RMB 1,348,099,332.71 in Q1 2021, reflecting a decrease of approximately 63.4%[25]. - Cash inflow from financing activities was RMB 192,935,204.58, a sharp decline from RMB 2,970,247,713.23 in Q1 2021, indicating a decrease of about 93.5%[26]. - The company reported a net cash outflow from operating activities of CNY -20,179,111.50 in Q1 2022, compared to CNY -18,474,808.16 in Q1 2021, indicating a worsening cash flow situation[34]. Assets and Liabilities - Total assets at the end of the reporting period were ¥55,362,507,123.33, an increase of 2.17% from the end of the previous year[5]. - The total assets of the company as of March 31, 2022, amounted to RMB 55,362,507,123.33, an increase from RMB 54,184,620,613.60 as of December 31, 2021, reflecting a growth of approximately 2.18%[15]. - The company's current assets totaled RMB 32,640,915,541.63, slightly down from RMB 32,789,811,329.19 in the previous period, indicating a decrease of about 0.45%[16]. - The company's long-term equity investments were valued at RMB 1,334,835,268.91, a decrease from RMB 1,369,209,738.00, representing a decline of approximately 2.51%[16]. - The company's total liabilities as of Q1 2022 amounted to ¥38,447,827,981.73, an increase from ¥37,165,567,764.17 in the previous year[18]. - The total liabilities stood at RMB 24,558,855,000.00, with current liabilities accounting for RMB 8,824,442,761.82, down from RMB 9,133,344,204.00 in the previous year[28]. - The total owner's equity decreased from CNY 10,745,234,697.23 in the previous year to CNY 10,597,202,614.64 in Q1 2022, a decline of approximately 1.4%[30]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 65,293[10]. - The largest shareholder, Shanghai Real Estate (Group) Co., Ltd., held 68.44% of the shares[10]. - There are no significant changes in the shareholder structure or related party transactions reported in the latest quarter[13]. Operational Efficiency - The decrease in net profit was primarily due to a reduction in operating revenue and an increase in financial expenses due to higher interest-bearing liabilities[8]. - The company's cash flow from operating activities showed a strong recovery, indicating improved operational efficiency and revenue generation capabilities[25]. - The decline in cash inflow from financing activities suggests a strategic shift in funding approaches, potentially focusing on internal cash generation rather than external borrowing[26]. - The company's operating revenue for Q1 2022 was CNY 10,461,484.48, a significant increase from CNY 2,071,822.03 in Q1 2021, representing a growth of approximately 404.5%[30].