OBM(SH:603729)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥156,313,000.66, representing a decrease of 9.91% compared to the same period last year[5] - The net profit attributable to shareholders was ¥3,309,673.11, down 56.37% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥3,163,213.76, a decline of 58.08% compared to the previous year[5] - Basic and diluted earnings per share were both ¥0.04, down 50.00% from the same period last year[5] - Net profit for Q1 2022 was ¥3,277,239.10, a decline of 51.1% from ¥6,712,345.21 in Q1 2021[16] - Operating profit for Q1 2022 was ¥3,946,792.85, down 44.8% from ¥7,046,442.64 in Q1 2021[15] - The company reported an increase in credit impairment losses to ¥1,590,704.93 in Q1 2022 from ¥1,073,013.40 in Q1 2021[15] - The company achieved an investment income of ¥6,962,947.88 in Q1 2022, slightly down from ¥7,382,093.03 in Q1 2021[24] Cash Flow - The net cash flow from operating activities was ¥38,224,582.64, reflecting a decrease of 49.86% year-on-year[5] - Cash flow from operating activities for Q1 2022 was ¥38,224,582.64, a decrease of 50.1% compared to ¥76,230,797.19 in Q1 2021[17] - Cash flow from investing activities for Q1 2022 was ¥46,200,000.00, compared to a cash outflow of ¥17,680,000.00 in Q1 2021[18] - Cash flow from financing activities for Q1 2022 resulted in a net outflow of ¥78,631,720.11, compared to a net outflow of ¥33,569,921.05 in Q1 2021[18] - The ending cash and cash equivalents balance for Q1 2022 was ¥54,960,378.11, a decrease from ¥142,158,046.87 in Q1 2021[18] - The company reported a significant increase in cash equivalents by $8,740,359.36 during the period[28] - The total cash inflow from borrowing was $22,936,860.00, while cash paid for debt repayment was $82,936,860.00[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥885,946,213.13, down 9.24% from the end of the previous year[6] - As of March 31, 2022, the total current assets amounted to ¥425,286,824.03, a decrease from ¥519,271,795.04 as of December 31, 2021, representing a decline of approximately 18.1%[12] - Total liabilities decreased to ¥158,656,752.20 from ¥252,181,201.46, a reduction of approximately 37.1%[14] - The total assets as of March 31, 2022, were ¥885,946,213.13, down from ¥976,193,423.29, representing a decrease of about 9.3%[14] - Total liabilities decreased to ¥146,023,794.22 in Q1 2022 from ¥224,663,996.16 in Q1 2021, representing a reduction of 34.9%[22] Shareholder Information - The equity attributable to shareholders was ¥724,596,773.61, showing a slight increase of 0.46% compared to the end of the previous year[6] - The total number of ordinary shareholders at the end of the reporting period was 6,634[9] - The equity attributable to shareholders increased slightly to ¥724,596,773.61 from ¥721,287,100.50, reflecting a growth of approximately 0.5%[14] Operational Insights - The decline in net profit was primarily due to a decrease in advertising business volume and an increase in operating expenses[7] - The company has not reported any significant new product developments or market expansions in this quarter[11] - The company reported a decrease in operating costs to ¥122,541,847.84 in Q1 2022 from ¥154,644,502.82 in Q1 2021, a reduction of 20.7%[24] Accounting and Reporting - The company is not applying the new accounting standards for the current year[28]