People.cn (SH:603000)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥320,099,564.83, representing a decrease of 8.41% compared to the same period last year[4]. - The net profit attributable to shareholders of the listed company was -¥13,499,070.73, an increase in loss of 33.40% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥20,367,369.04, reflecting a 41.60% increase in loss compared to the previous year[4]. - Basic earnings per share were -¥0.01, indicating a 50.00% increase in loss compared to the same period last year[4]. - Diluted earnings per share were also -¥0.01, reflecting a 50.00% increase in loss year-on-year[4]. - The weighted average return on equity was -0.40%, an increase of 0.20 percentage points compared to the previous year[4]. - Net profit for Q1 2022 was approximately -¥19.7 million, an improvement from -¥33.0 million in Q1 2021[16]. - The company reported a net loss attributable to shareholders of approximately -¥13.5 million in Q1 2022, compared to -¥20.3 million in Q1 2021[16]. - Other comprehensive income after tax for Q1 2022 was approximately ¥654,640, compared to -¥1.2 million in Q1 2021[16]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,028,069,784.19, down 4.62% from the end of the previous year[5]. - Current assets totaled ¥3,686,971,364.60, down from ¥3,895,060,415.11, indicating a decrease of about 5.4%[12]. - Cash and cash equivalents were reported at ¥663,932,488.67, a decline from ¥851,192,115.14, representing a decrease of approximately 22.1%[12]. - The company's accounts receivable stood at ¥436,830,861.93, down from ¥452,765,295.83, reflecting a decrease of about 3.5%[12]. - Total liabilities amounted to ¥1,038,177,114.80, a decrease from ¥1,231,593,907.40, indicating a reduction of approximately 15.7%[13]. - Total equity attributable to shareholders was approximately ¥3.34 billion in Q1 2022, slightly down from ¥3.35 billion in Q1 2021[14]. - The company’s total assets were approximately ¥5.03 billion in Q1 2022, down from ¥5.27 billion in Q1 2021[14]. Cash Flow - The net cash flow from operating activities was -¥168,777,220.15, showing a slight improvement with a decrease of 2.92%[4]. - In Q1 2022, the cash inflow from operating activities was $384,568,656.99, a decrease of 17.4% compared to $465,258,651.67 in Q1 2021[18]. - The cash outflow from operating activities totaled $553,345,877.14, down from $639,108,091.83 in the previous year, resulting in a net cash flow from operating activities of -$168,777,220.15[18]. - The net cash flow from investment activities was $25,497,455.60, a significant improvement from -$184,226,883.27 in the same quarter last year[19]. - Cash inflow from investment activities increased to $1,701,504,996.72, compared to $1,167,596,997.96 in Q1 2021, marking a growth of 45.6%[19]. - The net cash flow from financing activities was -$42,935,028.17, slightly better than -$47,763,398.90 in the previous year[19]. Operational Efficiency - The company is focusing on improving operational efficiency and reducing costs in response to the declining asset values and liabilities[11]. - Total operating costs for Q1 2022 were approximately ¥355.3 million, down 9.5% from ¥392.8 million in Q1 2021[15]. - Research and development expenses increased to approximately ¥17.8 million in Q1 2022, up 27.5% from ¥14.0 million in Q1 2021[15]. - The company received $1,688,035,414.00 from investment recoveries, an increase from $1,159,198,908.72 in the previous year[19]. - The cash paid for purchasing goods and services was $104,571,358.36, down from $166,635,726.53 in Q1 2021, indicating a reduction of 37.2%[18]. - The cash paid to employees increased to $358,932,902.08 from $345,644,620.00, reflecting a rise of 3.8% year-over-year[18].