Guirenniao(SH:603555)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 369,117,524.72, representing a 74.79% increase compared to the same period last year[5] - The net profit attributable to shareholders for Q1 2022 was CNY 2,546,171.52, showing a growth of 104.30% year-over-year[5] - The net cash flow from operating activities was negative at CNY -150,820,146.17, indicating a significant cash outflow[5] - The total operating revenue for Q1 2022 was ¥369,117,524.72, a significant increase from ¥211,177,810.66 in Q1 2021, representing a growth of approximately 74.7%[27] - The total operating costs for Q1 2022 were ¥370,115,637.71, compared to ¥213,355,295.46 in Q1 2021, indicating an increase of about 73.5%[27] - The net profit for Q1 2022 was ¥2,105,258.75, a recovery from a net loss of ¥58,771,802.59 in Q1 2021[28] - The operating profit for Q1 2022 was ¥10,949,519.50, contrasting with an operating loss of ¥56,518,946.14 in the same period last year[27] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,771,320,736.00, a slight decrease of 0.02% from the previous year-end[6] - The total assets as of Q1 2022 amounted to ¥2,771,320,736.00, slightly down from ¥2,830,074,292.97 at the end of the previous year[23] - The total liabilities for Q1 2022 were ¥934,530,333.45, a decrease from ¥993,074,330.14 in Q1 2021[23] - The total non-current assets were ¥1,659,051,693.26, up from ¥1,643,156,946.37 in the previous year[23] - The total assets as of March 31, 2022, were RMB 1,112,269,042.74, compared to RMB 1,186,917,346.60 at the end of 2021[21] Cash Flow - The company's cash flow from operating activities showed improvement, with a net cash inflow of ¥1,940,481.33 compared to a net cash outflow of ¥58,622,262.52 in Q1 2021[28] - In Q1 2022, the cash inflow from operating activities was approximately CNY 412.47 million, compared to CNY 297.99 million in Q1 2021, representing a year-over-year increase of 38.3%[32] - The net cash flow from operating activities was negative CNY 150.82 million in Q1 2022, worsening from negative CNY 11.77 million in Q1 2021[32] - Cash outflow for purchasing goods and services in Q1 2022 was CNY 411.90 million, significantly higher than CNY 149.90 million in Q1 2021[32] - The net cash flow from investing activities was negative CNY 11.36 million in Q1 2022, a decline from a positive CNY 16.49 million in Q1 2021[33] - Cash inflow from financing activities totaled CNY 98 million in Q1 2022, with a net cash flow of CNY 76.11 million after outflows[33] - The ending cash and cash equivalents balance for Q1 2022 was CNY 250.26 million, down from CNY 19.99 million in Q1 2021[33] - The company reported a significant increase in cash received from operating activities, totaling CNY 402.24 million in Q1 2022, compared to CNY 252.94 million in Q1 2021[32] - Total cash outflow for operating activities in Q1 2022 was CNY 563.29 million, compared to CNY 309.76 million in Q1 2021, indicating increased operational costs[32] - The company experienced a cash inflow from investment activities of CNY 50.50 million in Q1 2022, down from CNY 77.09 million in Q1 2021[32] - The company’s cash flow from financing activities included CNY 98 million received from other financing activities in Q1 2022[33] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 20,293[12] - The largest shareholder, Guiren Bird Group (Hong Kong) Limited, held 411,420,000 shares, accounting for 26.18% of total shares[12] Retail Expansion - As of March 31, 2022, the total number of retail terminals for the Guirenniao brand reached 1,571, with a total retail area of 131,012.92 square meters[14] - The company opened 77 new franchise stores in Q1 2022 while closing 38 stores, resulting in a net increase of 39 stores compared to the end of 2021[14] - The company has expanded its marketing network to cover 29 provinces, autonomous regions, and municipalities across China[14] Legal and Other Matters - The company provided a guarantee for a related party's loan of up to RMB 100 million, which is set to expire one year from the signing of the guarantee agreement[16] - The company faced a lawsuit due to a related party's failure to repay a loan, with the principal amount owed being RMB 88 million as of November 4, 2021[17] - The company terminated a major asset sale due to conflicts with the timeline for preparing its 2021 annual report[18]