BBMG(SH:601992)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 23,084,249,338.47, representing a year-on-year increase of 0.63%[4] - Net profit attributable to shareholders was CNY 275,674,941.62, reflecting a significant increase of 24.77% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses reached CNY 175,252,211.22, marking a substantial increase of 163.38% year-on-year[4] - Net profit for Q1 2022 was CNY 163,826,441.20, a decrease of 60.32% from CNY 412,198,960.24 in Q1 2021[19] - Operating profit for Q1 2022 was CNY 286,337,875.62, down from CNY 586,090,937.30 in Q1 2021[19] - The total comprehensive income for the first quarter of 2022 was CNY 151,173,943.78, compared to CNY 415,191,725.90 in the same period of 2021, reflecting a significant decrease[20] Cash Flow - The net cash flow from operating activities decreased by 82.06%, amounting to CNY 203,160,764.54, primarily due to reduced sales in the real estate sector impacted by the pandemic[9] - The net cash flow from operating activities was CNY 203,160,764.54, down from CNY 1,132,135,346.47 year-over-year[21] - The company's cash outflow from operating activities totaled CNY 22,907,008,171.76, compared to CNY 27,910,372,070.45 in the previous year[21] - The cash flow from operating activities was significantly impacted by a decrease in cash received from customers, which totaled CNY 23,110,168,936.30, down from CNY 29,042,507,416.92 in the previous year[21] - The total cash inflow from financing activities was CNY 18,184,385,417.34, compared to CNY 13,518,810,000.00 in the previous year[22] - The company experienced a net cash outflow from investing activities of CNY -2,173,093,503.64, compared to CNY -297,198,227.54 in the same quarter of 2021[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 282,574,616,083.25, a decrease of 1.32% from the end of the previous year[5] - The company's total assets stood at ¥282,574,616,083.25, down from ¥286,356,810,441.58, indicating a decrease of approximately 1.4%[15] - The company's total liabilities decreased to CNY 184,103,874,939.84 from CNY 190,823,004,007.16 year-over-year[16] - Total current liabilities decreased to ¥111,187,466,260.94 from ¥119,733,796,127.82, a reduction of approximately 7.2%[15] - Long-term borrowings rose to ¥35,742,682,384.06 from ¥29,001,712,449.80, marking an increase of about 23.2%[15] - The company's total equity increased to ¥54,976,699,662.01 from ¥52,250,945,266.63 in the previous quarter[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 129,657[10] - The largest shareholder, Beijing State-owned Capital Operation Management Co., Ltd., held 44.93% of the shares[10] Research and Development - Research and development expenses for Q1 2022 were CNY 76,886,385.31, slightly down from CNY 78,746,108.01 in Q1 2021[19] - Research and development expenses for Q1 2022 were ¥1,367,936.14, indicating a new investment in innovation[26] Investment Income - The company reported a significant decrease in investment income, with a loss of CNY 8,549,689.76 compared to a gain of CNY 61,354,610.27 in Q1 2021[19] - The company reported an investment income of ¥35,040,399.78 in Q1 2022, a significant drop from ¥1,394,657,634.37 in Q1 2021[28] Cash and Cash Equivalents - As of March 31, 2022, the company's cash and cash equivalents amounted to ¥18,275,143,479.07, a decrease of approximately 16.1% from ¥21,921,968,519.94 at the end of 2021[13] - Cash and cash equivalents at the end of the first quarter of 2022 were CNY 12,587,376,218.32, down from CNY 19,463,605,950.98 at the end of 2021[22] - The cash and cash equivalents at the end of Q1 2022 stood at ¥6,118,688,230.52, down from ¥10,105,731,357.23 at the end of Q1 2021, reflecting a decrease of 39.2%[31]