银座股份(600858) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 1,732,125,741.65, representing a year-on-year increase of 4.01%[6] - The net profit attributable to shareholders was CNY 57,503,973.75, showing a significant increase of 74.34% compared to the same period last year[6] - The net profit after deducting non-recurring gains and losses reached CNY 44,220,936.09, up by 92.72% year-on-year[6] - The basic earnings per share (EPS) was CNY 0.1106, reflecting a 74.31% increase from the previous year[6] - Net profit for Q1 2022 reached CNY 53,210,509.90, compared to CNY 26,036,957.82 in Q1 2021, representing a growth of 104.5%[28] - Earnings per share (EPS) for Q1 2022 was CNY 0.1106, an increase from CNY 0.0634 in Q1 2021[29] Cash Flow - The net cash flow from operating activities decreased by 65.40% to CNY 320,050,873.26[6] - Net cash flow from operating activities for Q1 2022 was CNY 320,050,873.26, a decrease of 65.4% compared to CNY 925,055,157.86 in Q1 2021[32] - Cash inflow from financing activities was CNY 1,130,000,000.00, up 71.2% from CNY 660,000,000.00 in Q1 2021[32] - Cash outflow from financing activities totaled CNY 854,898,807.08, a decrease of 36.7% compared to CNY 1,350,482,657.38 in Q1 2021[33] - The cash outflow for investing activities was CNY 71,052,835.06, down 26.3% from CNY 96,459,781.97 in Q1 2021[32] - The company reported a net cash flow from investing activities of CNY -71,041,324.77, an improvement from CNY -95,938,405.53 in Q1 2021[32] Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 12,253,034,918.61, a 2.93% increase from the end of the previous year[7] - Total assets as of Q1 2022 amounted to CNY 12,253,034,918.61, compared to CNY 11,904,058,450.72 at the end of Q1 2021, indicating a growth of 2.9%[25] - Total liabilities for Q1 2022 were CNY 9,802,789,656.62, an increase from CNY 9,507,023,698.63 in Q1 2021, reflecting a rise of 3.1%[25] - Total liabilities increased to CNY 8,650,016,009.54 as of March 31, 2022, compared to CNY 8,161,912,542.38 at the end of 2021[37] - The company's total equity as of Q1 2022 was CNY 2,450,245,261.99, up from CNY 2,397,034,752.09 in Q1 2021, marking an increase of 2.2%[25] - The company's total equity reached CNY 1,755,393,016.51, a slight increase from CNY 1,747,223,478.51 at the end of 2021[37] Operational Efficiency - The company has restructured its organizational framework to enhance operational efficiency, including the establishment of new departments[18] - The company reported a decrease in inventory from CNY 805.69 million to CNY 712.82 million, a reduction of approximately 11.5%[23] Financing Activities - The company reported a 139.84% increase in net cash flow from financing activities, attributed to increased borrowings and reduced debt repayments[9] - The company has approved a mortgage loan application of CNY 250 million to supplement working capital, with a loan term of one year[18] - The company has signed a financial services agreement with Shandong Provincial Commercial Group Financial Co., Ltd. for continued financial support, pending shareholder approval[19] Government Support and Acquisitions - The company received government subsidies totaling CNY 22.29 million from March 12, 2021, to March 10, 2022, which will be accounted for in other income and financial expenses[17] - The company plans to acquire 100% equity of Rizhao Yinzuo Mall Co., Ltd. and other related businesses, with the transaction currently under audit and evaluation[20] Financial Expenses - The company incurred financial expenses of CNY 56.88 million in Q1 2022, slightly down from CNY 57.65 million in Q1 2021[38] - The company reported a decrease in financial expenses, which were CNY 88,613,985.35 in Q1 2022 compared to CNY 98,800,827.66 in Q1 2021[28] - The interest expenses for Q1 2022 were CNY 55.82 million, an increase from CNY 51.95 million in Q1 2021[38] Current Assets - As of March 31, 2022, the company's total current assets amounted to approximately CNY 3.06 billion, an increase from CNY 2.57 billion as of December 31, 2021, representing a growth of about 19%[23] - The company’s cash and cash equivalents reached CNY 2.02 billion, up from CNY 1.50 billion, indicating a growth of approximately 35%[23] - Total cash and cash equivalents at the end of Q1 2022 reached CNY 1,966,143,267.48, an increase of 8.2% from CNY 1,817,508,779.39 at the end of Q1 2021[33] - The total cash and cash equivalents at the end of Q1 2022 amounted to CNY 1.46 billion, up from CNY 691.01 million at the end of Q1 2021[43]