2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 4,998,622,697, representing a 13.25% increase compared to CNY 4,413,764,612 in the same period last year[3] - The net profit attributable to shareholders of the listed company was a loss of CNY 398,371,025, compared to a loss of CNY 93,372,207 in the previous year, indicating a significant decline in profitability[3] - Total operating revenue for Q1 2022 was RMB 4,998,622,697, an increase of 13.2% compared to RMB 4,413,764,612 in Q1 2021[12] - Net profit for Q1 2022 was a loss of RMB 398,142,815, compared to a loss of RMB 93,064,495 in Q1 2021, indicating a significant decline in profitability[12] Cash Flow - The net cash flow from operating activities was a negative CNY 202,546,932, an improvement from a negative CNY 250,538,278 in the same period last year[3] - In Q1 2022, the total cash inflow from operating activities was CNY 3,100,690,902, a decrease of 6.1% compared to CNY 3,302,670,543 in Q1 2021[13] - The cash flow from investing activities resulted in a net outflow of CNY (103,306,932), slightly better than CNY (103,615,679) in Q1 2021[13] - The total cash outflow from financing activities was CNY 15,754,717, with no cash inflow reported in Q1 2021[13] - The company reported a net decrease in cash and cash equivalents of CNY (321,608,581) in Q1 2022, compared to CNY (354,153,957) in Q1 2021[13] Assets and Liabilities - Total assets at the end of the reporting period were CNY 36,728,169,181, down 1.81% from CNY 37,403,422,526 at the end of the previous year[3] - Current assets totaled RMB 6,376,171,867, a decrease of 5.3% from RMB 6,735,513,535 at the end of 2021[11] - Total liabilities decreased to RMB 9,887,831,239 from RMB 10,198,985,923, a reduction of 3.0%[11] - The equity attributable to shareholders of the listed company decreased by 1.34% to CNY 26,877,622,904 from CNY 27,241,949,775 at the end of the previous year[3] - The equity attributable to shareholders decreased to RMB 26,877,622,904 from RMB 27,241,949,775, a decline of 1.3%[11] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 188,258, with the largest shareholder being China Railway Guangzhou Group Co., Ltd., holding 37.12% of shares[7] Operational Challenges - The company faced challenges due to the COVID-19 pandemic, which limited revenue growth and resulted in higher operating costs[6] Other Financial Metrics - The basic and diluted earnings per share were both negative CNY 0.056, compared to negative CNY 0.013 in the same period last year[3] - Non-operating income and expenses included a government subsidy of CNY 22,660,749, while total non-recurring losses amounted to CNY 14,416,513 after tax effects[4] - The company reported a significant increase in accounts receivable, totaling RMB 4,433,316,947, compared to RMB 4,396,173,803 at the end of 2021[11] - Cash and cash equivalents decreased to RMB 1,237,853,720 from RMB 1,559,462,301, reflecting a decline of 20.5%[11] - The company reported an increase in long-term investments, totaling RMB 230,049,409, compared to RMB 225,337,683 at the end of 2021[11] - The cash inflow from the disposal of fixed assets and other long-term assets was CNY 12,639,334, significantly lower than CNY 93,802,016 in Q1 2021[13] - The total cash outflow for the acquisition of fixed assets and other long-term assets was CNY 115,946,266, down from CNY 197,417,695 in the previous year[13] Product Development and Strategy - The company has not disclosed any new product developments or market expansion strategies in this report[8]