西藏旅游(600749) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 10,591,546.27, representing a decrease of 47.47% compared to the same period last year[4]. - The net profit attributable to shareholders of the listed company was CNY -22,541,418.80, with a basic and diluted earnings per share of CNY -0.1014[4]. - The net profit for Q1 2022 was -23,450,918.24 RMB, compared to -12,929,275.56 RMB in Q1 2021, representing a decline of approximately 81.1% year-over-year[17]. - Operating revenue from sales and services was 7,330,025.84 RMB, down 48.3% from 14,159,874.38 RMB in the same period last year[19]. - The company reported a total profit of -23,451,070.35 RMB for Q1 2022, compared to -12,929,145.23 RMB in Q1 2021, reflecting a decline of approximately 81.1%[17]. - The basic earnings per share for Q1 2022 was -0.1014 RMB, compared to -0.0542 RMB in the same quarter of the previous year[17]. Cash Flow - The net cash flow from operating activities was CNY -32,018,403.84, indicating significant cash outflow during the quarter[4]. - The net cash flow from operating activities was -32,018,403.84 RMB, worsening from -17,091,036.74 RMB in Q1 2021[19]. - Investment activities generated a net cash flow of -18,591,682.55 RMB, compared to -500,413,969.07 RMB in the previous year, indicating a significant reduction in cash outflow[20]. - Cash and cash equivalents at the end of Q1 2022 totaled 386,597,771.47 RMB, a decrease from 520,875,448.03 RMB at the beginning of the period[20]. - The company incurred a cash outflow of 83,667,590.17 RMB from financing activities, compared to an inflow of 83,885,995.11 RMB in Q1 2021[20]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,395,386,762.74, down 8.99% from the end of the previous year[5]. - Total assets decreased to CNY 1,395,386,762.74 as of March 31, 2022, down from CNY 1,533,177,630.39 at the end of 2021, a reduction of 9.0%[15]. - Total liabilities decreased to CNY 390,545,791.32 in Q1 2022, down from CNY 504,885,740.73 in Q4 2021, a decline of 22.5%[14]. - The company's cash and cash equivalents decreased to CNY 441,087,182.22 as of March 31, 2022, from CNY 575,364,858.78 as of December 31, 2021, representing a decline of 23.3%[13]. - Accounts receivable rose to CNY 38,151,328.82 in Q1 2022, compared to CNY 35,887,154.40 in Q4 2021, indicating an increase of 6.3%[13]. - Short-term borrowings decreased significantly to CNY 59,000,000.00 in Q1 2022 from CNY 124,145,872.22 in Q4 2021, a reduction of 52.5%[14]. Expenses and Income - The company experienced a 194.77% increase in selling expenses due to the introduction of a professional team to enhance marketing capabilities[6]. - The company reported a 49.83% decrease in investment income, attributed to adjustments in cash management strategies[6]. - Total operating costs increased to CNY 35,369,549.98 in Q1 2022, up from CNY 34,285,690.03 in Q1 2021[16]. Government Support and Market Strategy - The company received government subsidies amounting to CNY 849,186.65, which are closely related to its normal business operations[6]. - The ongoing domestic pandemic and travel restrictions have severely impacted the tourism industry, affecting the company's operational performance[11]. - The company plans to enhance market penetration through precise marketing and product planning to gradually recover its operating performance[11].