歌力思(603808) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was CNY 627,955,236.37, representing a year-on-year increase of 17.20%[6] - The net profit attributable to shareholders decreased by 49.67% to CNY 47,093,075.82 compared to the same period last year[6] - The basic earnings per share (EPS) was CNY 0.13, down 53.57% year-on-year[6] - The weighted average return on equity (ROE) was 1.63%, a decrease of 2.49 percentage points from the previous year[6] - Revenue from the main business reached 62,014.63 million yuan, with a year-on-year increase of 17.20%[11] - Total operating revenue for Q1 2022 reached RMB 627,955,236.37, representing an increase of 17.2% compared to RMB 535,778,062.96 in Q1 2021[22] - Net profit for Q1 2022 was ¥57,059,350.68, a decrease of 42.6% from ¥99,352,573.30 in Q1 2021[23] - Basic and diluted earnings per share for Q1 2022 were both ¥0.13, down from ¥0.28 in Q1 2021[24] - The company reported a total comprehensive income of ¥90,981,287.78 for Q1 2022, down from ¥115,991,607.71 in Q1 2021[24] Cash Flow and Expenses - The company reported a net cash flow from operating activities of CNY 69,653,908.73, down 30.04% year-on-year[6] - The company's net cash flow from operating activities decreased by 30.04 million yuan due to increased procurement payments and fixed costs amid the pandemic[10] - Cash flow from operating activities for Q1 2022 was ¥69,653,908.73, a decrease of 30% compared to ¥99,561,483.06 in Q1 2021[27] - Total operating costs for Q1 2022 were ¥566,946,994.01, up 37% from ¥414,409,977.09 in the same period last year[23] - The company incurred research and development expenses of ¥12,525,421.62 in Q1 2022, slightly down from ¥12,617,900.25 in Q1 2021[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,441,336,524.66, a decrease of 1.48% from the end of the previous year[7] - As of March 31, 2022, total assets amounted to RMB 4,441,336,524.66, a decrease from RMB 4,508,117,262.86 at the end of 2021[20] - Total liabilities decreased to RMB 1,430,473,179.75 from RMB 1,575,969,173.07 at the end of 2021, indicating a reduction of approximately 9.2%[20] - The company's equity attributable to shareholders increased to RMB 2,902,501,865.44 from RMB 2,831,488,201.88, marking an increase of approximately 2.5%[20] - Inventory levels decreased to RMB 661,010,585.29 from RMB 695,838,825.48, reflecting a decline of about 5.0%[19] Operational Changes - The company experienced a 33.31% increase in selling expenses due to a significant increase in the number of direct-operated stores despite pandemic-related operational challenges[9] - The total number of stores decreased from 550 to 543, with 14 new openings and 21 closures during the reporting period[10] - Online sales accounted for 14.36% of total revenue, generating 8,903.14 million yuan, with a gross profit margin of 57.06%[11] - The gross profit margin for the main business was 63.03%, down by 7.06 percentage points compared to the same period last year[11] - The gross profit margin for direct stores was 69.23%, a decrease of 4.21 percentage points year-on-year[11] Strategic Initiatives - The company attributed revenue growth to effective multi-brand strategies and increased online sales, despite challenges in physical store operations due to the pandemic[9] - The company plans to continue enhancing its brand presence and e-commerce capabilities to drive future growth[9] - The company completed a non-public offering of 36,577,267 shares at RMB 13.20 per share, raising a total of RMB 482,819,924.40, with a net amount of RMB 471,041,159.08 after expenses[16] - The company has received approval to issue corporate bonds totaling up to RMB 500 million, which can be issued in tranches within 24 months[17] - The company increased its investment in stock option incentive plans, leading to higher expense outlays[10] Other Financial Metrics - The company experienced a foreign exchange loss of ¥7,179,443.60 in Q1 2022, compared to a loss of ¥6,930,541.07 in Q1 2021[28] - Investment income dropped by 81.82% primarily due to increased share-based payment expenses from an associate company[9] - The company completed the registration of its 2021 stock option incentive plan on January 19, 2022[16] - The company's cash and cash equivalents increased to RMB 856,533,306.49 from RMB 835,153,583.45, showing a growth of 2.1%[18] - Cash and cash equivalents at the end of Q1 2022 totaled ¥829,571,999.80, an increase from ¥758,184,824.48 at the end of Q1 2021[28]