Thinkingdom Media (SH:603096)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥206,655,793.43, a decrease of 4.56% compared to ¥216,537,177.43 in the same period last year[5] - The net profit attributable to shareholders for Q1 2022 was ¥42,627,707.54, representing a decline of 21.20% from ¥54,098,480.98 in the previous year[5] - The net profit after deducting non-recurring gains and losses was ¥38,360,786.82, down 26.84% from ¥52,431,244.35 year-on-year[6] - Basic and diluted earnings per share for Q1 2022 were both ¥0.26, a decrease of 21.21% from ¥0.40 in the previous year[6] - Total revenue for Q1 2022 was CNY 206,655,793.43, a decrease of 4.0% compared to CNY 216,537,177.43 in Q1 2021[18] - Net profit for Q1 2022 was CNY 44,097,775.80, down 20.4% from CNY 55,403,017.55 in Q1 2021[19] - Earnings per share for Q1 2022 was CNY 0.26, compared to CNY 0.33 in Q1 2021[19] - The company reported a decrease in comprehensive income to CNY 42,362,896.09 from CNY 54,422,055.59 in the previous year[19] Cash Flow - The net cash flow from operating activities improved significantly, reaching ¥13,205,414.73, an increase of 131.85% compared to a negative cash flow of ¥41,456,995.51 in the same period last year[6] - In Q1 2022, the company reported cash inflows from operating activities of ¥175,581,898.38, an increase of 27.4% compared to ¥137,778,235.29 in Q1 2021[21] - The net cash flow from operating activities was ¥13,205,414.73, a significant improvement from a net outflow of ¥41,456,995.51 in the same period last year[21] - Cash outflows for investing activities totaled ¥334,504,898.62, up from ¥168,353,479.40 in Q1 2021, resulting in a net cash outflow of ¥332,384,331.17 for investing activities[22] - The company experienced a net decrease in cash and cash equivalents of ¥321,187,399.75 in Q1 2022, compared to an increase of ¥150,772,846.08 in Q1 2021[22] - The ending balance of cash and cash equivalents was ¥491,925,016.44, down from ¥1,032,190,661.70 at the end of Q1 2021[22] - The company received cash from investment income of ¥2,119,087.45, a decrease from ¥5,285,673.97 in the previous year[21] - Cash received from the sale of fixed assets and other long-term assets was ¥1,480.00, down from ¥6,920.00 in Q1 2021[21] - Payments for purchasing goods and services amounted to ¥92,964,909.72, a decrease from ¥114,540,095.62 in the same quarter last year[21] - Payments to employees increased to ¥41,525,338.78 from ¥33,482,543.11 in Q1 2021, reflecting a rise of 24.1%[21] - The company reported a cash inflow of ¥7,674,073.74 from other operating activities, significantly higher than ¥2,511,741.13 in Q1 2021[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,211,979,163.73, reflecting a growth of 1.08% from ¥2,188,427,295.82 at the end of the previous year[6] - The equity attributable to shareholders increased by 2.35%, reaching ¥1,966,695,211.27 compared to ¥1,921,546,962.12 at the end of the last year[6] - As of March 31, 2022, the company's total assets amounted to RMB 2,211,979,163.73, an increase from RMB 2,188,427,295.82 at the end of 2021[15] - The company's cash and cash equivalents decreased to RMB 505,486,977.71 from RMB 828,885,048.57, representing a decline of approximately 39%[15] - Trading financial assets increased significantly to RMB 603,760,349.29 from RMB 294,579,057.79, marking a growth of about 105%[15] - Accounts receivable rose to RMB 153,686,977.33 from RMB 117,127,118.69, reflecting an increase of approximately 31%[15] - Total current liabilities decreased to RMB 183,462,844.85 from RMB 203,919,764.67, a reduction of about 10%[16] - The company's non-current assets totaled RMB 455,442,150.35, slightly down from RMB 460,189,918.45[16] - The company's inventory stood at RMB 277,888,645.23, compared to RMB 272,896,970.24 previously reported[15] - The total liabilities decreased to CNY 215,991,072.96 from CNY 238,948,766.26 at the end of 2021, a reduction of 9.6%[17] - Total equity increased to CNY 1,995,988,090.77 from CNY 1,949,478,529.56 at the end of 2021, an increase of 2.4%[17] Shareholder Information - The company has a total of 162,503,585 shares after the recent capital distribution, with a cash dividend of ¥0.75 per share[6] - The company reported a total of 4,071,561 shares repurchased, accounting for 2.51% of the total shares outstanding[13] - The company has two major actual controllers, Chen Mingjun and Chen Liping, who collectively control 1.54% of the shares[13] Research and Development - Research and development expenses for Q1 2022 were CNY 3,032,599.70, significantly higher than CNY 1,038,933.82 in Q1 2021[18] - The company experienced a decline in investment income, reporting a loss of CNY 261,270.06 compared to a gain of CNY 3,063,962.21 in the previous year[18] - Other comprehensive income after tax showed a loss of CNY 1,734,879.71, compared to a loss of CNY 980,961.96 in Q1 2021[19] Strategic Developments - The company has not disclosed any significant new strategies or product developments during this reporting period[14]