中国中免(601888) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was CNY 16,782,285,504.31, a decrease of 7.45% compared to the same period last year[2]. - Net profit attributable to shareholders was CNY 2,563,490,485.10, reflecting a decline of 9.99% year-on-year[2]. - The basic earnings per share decreased to CNY 1.3129, down 10.00% from CNY 1.4591 in the previous year[3]. - The weighted average return on equity dropped to 8.31%, a decrease of 3.68 percentage points compared to 12.00% last year[3]. - The gross profit margin for the main business was 33.43%, an increase of 8.1 percentage points compared to the previous period[10]. - Total revenue for Q1 2022 was CNY 16,782,285,504.31, a decrease of 7.46% compared to CNY 18,133,528,946.78 in Q1 2021[15]. - The company's total revenue for Q1 2022 was approximately ¥3.50 billion, a decrease of 21.5% compared to ¥4.46 billion in Q1 2021[16]. - Net profit for Q1 2022 was approximately ¥2.92 billion, down 14.3% from ¥3.40 billion in Q1 2021[16]. - Operating profit for Q1 2022 was approximately ¥3.50 billion, a decrease of 21.5% from ¥4.46 billion in Q1 2021[16]. - The total comprehensive income for Q1 2022 was approximately ¥2.82 billion, down 17.9% from ¥3.44 billion in Q1 2021[17]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -1,233,256,091.12, compared to a positive cash flow of CNY 79,152,109.45 in the same period last year[2]. - The cash flow from operating activities for Q1 2022 was negative at approximately -¥1.23 billion, compared to a positive cash flow of ¥79 million in Q1 2021[19]. - The total cash inflow from operating activities was CNY 55,802,574.31, down 12.6% from CNY 63,908,813.44 in Q1 2021[25]. - Cash and cash equivalents were CNY 14,731,234,738.26, down from CNY 16,856,199,437.51 at the end of 2021[12]. - Cash and cash equivalents at the end of Q1 2022 were approximately ¥13.96 billion, down from ¥14.42 billion at the end of Q1 2021[19]. - The total cash and cash equivalents at the end of Q1 2022 were CNY 6,325,442,790.26, down from CNY 8,342,666,473.61 at the end of Q1 2021[26]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 55,520,189,164.38, a slight increase of 0.08% from the end of the previous year[3]. - Total assets as of March 31, 2022, amounted to CNY 55,520,189,164.38, slightly up from CNY 55,473,728,507.58 at the end of 2021[14]. - Total liabilities decreased to CNY 18,589,426,519.76 from CNY 20,682,335,234.43 year-over-year[14]. - The total liabilities increased to CNY 11.01 billion from CNY 9.91 billion, indicating a rise of about 11.2%[21]. - The company's total equity attributable to shareholders reached CNY 32,086,020,475.93, up from CNY 29,618,798,051.00 in the previous year[14]. Operational Challenges and Strategies - The company faced significant operational challenges in March due to the impact of domestic COVID-19 outbreaks, affecting its business performance[10]. - The company is focusing on key markets, particularly in Hainan, and is emphasizing the development of its membership system and online business[10]. Investment Activities - The net cash flow from investment activities was -CNY 647,318,355.89, significantly worse than -CNY 124,698,586.68 in Q1 2021, indicating increased investment outflows[26]. - The company received CNY 680,000,000.00 related to investment activities, a significant increase from CNY 150,000,000.00 in Q1 2021[26]. - The cash outflow for purchasing fixed assets and intangible assets was CNY 1,373,480.89, a decrease of 88.0% compared to CNY 11,437,336.68 in the same period last year[26].