Ganso(SH:603886)2022-04-27 16:00Financial Performance - The company's revenue for Q1 2022 was approximately ¥435.68 million, representing a year-over-year increase of 7.94% compared to ¥403.63 million in the same period last year[2]. - The net profit attributable to shareholders of the listed company was a loss of approximately ¥19.81 million, compared to a profit of ¥1.35 million in the same period last year, indicating a significant decline[2]. - The basic and diluted earnings per share for Q1 2022 were both -¥0.08, compared to ¥0.01 in the same period last year[3]. - Total operating revenue for Q1 2022 was CNY 435.68 million, an increase of 7.9% compared to CNY 403.63 million in Q1 2021[16]. - Net profit for Q1 2022 was a loss of CNY 19.82 million, compared to a profit of CNY 1.33 million in Q1 2021[17]. - The company reported a total comprehensive loss of CNY 23.73 million for Q1 2022, compared to a comprehensive income of CNY 0.50 million in Q1 2021[18]. - The total profit for Q1 2022 was a loss of CNY 2.08 million, compared to a profit of CNY 23.83 million in Q1 2021, indicating a substantial decline in profitability[27]. Assets and Liabilities - The total assets at the end of Q1 2022 were approximately ¥3.05 billion, a decrease of 0.93% from ¥3.07 billion at the end of the previous year[3]. - The equity attributable to shareholders of the listed company was approximately ¥1.57 billion, down 1.48% from ¥1.60 billion at the end of the previous year[3]. - The company's total liabilities decreased slightly to CNY 1.47 billion in Q1 2022 from CNY 1.48 billion in Q1 2021[15]. - Total liabilities decreased to CNY 889.54 million from CNY 965.67 million year-over-year[26]. Cash Flow - The net cash flow from operating activities was a negative ¥37.64 million, compared to a negative ¥14.74 million in the same period last year, indicating worsening cash flow[3]. - Cash generated from operating activities was CNY 556.53 million in Q1 2022, an increase from CNY 498.75 million in Q1 2021[20]. - Operating cash inflow for Q1 2022 was CNY 566.44 million, up from CNY 506.98 million in Q1 2021, representing an increase of 11.5%[21]. - Cash paid for operating activities increased to CNY 604.08 million from CNY 521.73 million in the previous year[21]. - The cash flow from operating activities showed a net outflow of CNY 18.65 million in Q1 2022, an improvement from a net outflow of CNY 28.35 million in Q1 2021[30]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 19,308[9]. - The largest shareholder, Yuanzhu International Co., Ltd., holds 118,791,000 shares, accounting for 49.50% of total shares[9]. - The company has no pledged, marked, or frozen shares among its top shareholders[9]. Expenses and Investments - Sales expenses increased by 13.95%, driven by higher personnel costs and advertising expenses[7]. - Research and development expenses for Q1 2022 were CNY 4.59 million, compared to CNY 3.33 million in Q1 2021, reflecting an increase in investment in innovation[16]. - Cash paid for investment activities decreased significantly to CNY 268.20 million from CNY 510.59 million year-over-year[22]. Other Notable Points - The company recognized government subsidies amounting to approximately ¥8.82 million, which were closely related to its normal business operations[6]. - The company reported a significant increase in prepayments by 995.18%, attributed to advance payments for raw materials for the Dragon Boat Festival products[7]. - The report does not indicate any significant new product or technology developments during the quarter[12]. - There are no disclosed plans for market expansion or mergers and acquisitions in the current report[12].