Qingdao Victall Railway (SH:605001)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥75,833,115.62, representing a decrease of 23.89% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥54,232,764.78, an increase of 19.17% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥66,136,979.39, reflecting a decrease of 5.61%[5]. - Total operating revenue for Q1 2022 was ¥75,833,115.62, a decrease of 24.0% compared to ¥99,635,902.28 in Q1 2021[18]. - Net loss for Q1 2022 was ¥54,979,199.06, compared to a net loss of ¥67,441,159.80 in Q1 2021, representing an improvement of 18.0%[19]. - The company's gross profit margin for Q1 2022 was approximately 51.0%, compared to 15.3% in Q1 2021[18]. - Basic earnings per share were -¥0.14, which is a 37.26% increase compared to the previous year, mainly due to an increase in the number of ordinary shares[5][8]. - Basic earnings per share for Q1 2022 was -¥0.14, an improvement from -¥0.22 in Q1 2021[20]. Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 239.70%, amounting to ¥45,083,708.22, primarily due to reduced payments related to operating activities and taxes[5][8]. - Cash inflow from operating activities in Q1 2022 was ¥263,755,140.16, down from ¥288,709,729.83 in Q1 2021[21]. - The company reported a total cash outflow from operating activities of $218,671,431.94, compared to $320,982,237.97 in the previous year, showing improved cash management[22]. - The company's cash and cash equivalents were reported at RMB 391,447,980.65, down from RMB 424,237,573.53 at the end of 2021[14]. - The company’s cash flow from financing activities included $14,425,941.70 in dividend payments, compared to $9,751,661.35 in the previous year, showing an increase in shareholder returns[22]. - The ending balance of cash and cash equivalents was $329,005,844.47, down from $395,289,284.36 in the previous year, indicating a decrease in liquidity[23]. - The company paid $13,553,435.50 in various taxes, a decrease from $31,750,021.91 in the previous year, reflecting potential tax efficiency[22]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,534,060,385.64, a slight decrease of 0.16% from the end of the previous year[6]. - The equity attributable to shareholders decreased by 2.09% to ¥2,549,656,029.66 compared to the end of the previous year[6]. - The total liabilities decreased from RMB 2,200,000,000 to RMB 2,000,000,000, indicating a reduction in financial obligations[15]. - The total liabilities as of Q1 2022 were ¥1,973,045,427.23, an increase from ¥1,925,067,307.47 in Q1 2021[16]. - The total assets as of March 31, 2022, were RMB 4,534,060,385.64, slightly down from RMB 4,541,351,665.50 at the end of 2021[15]. - The company's short-term borrowings decreased significantly to RMB 555,825,335.52 from RMB 702,731,190.64, a reduction of approximately 20.9%[15]. Shareholder Information - The company had a total of 23,763 common shareholders at the end of the reporting period[9]. - The top shareholder, Su Qingyan, holds 24.91% of the shares, amounting to 97,869,925 shares, with 9,000,000 shares pledged[10]. - The company reported a total of 10 major shareholders, with the largest shareholder holding 24.91% of the shares[11]. - The company has signed a concerted action agreement among major shareholders to maintain unified action regarding management matters[11]. Non-Recurring Items - Non-recurring gains and losses amounted to ¥11,904,214.61, with government subsidies contributing ¥843,511.23[7][8]. - The company reported an investment income of ¥11,096,150.93 in Q1 2022, compared to a loss of ¥1,201,871.74 in Q1 2021[18]. - The net cash flow from investment activities was -$43,210,046.20, an improvement from -$343,283,618.48 in the previous year, suggesting better management of investment cash flows[22]. - The company received $455,000,000.00 from investment recoveries, down from $627,000,000.00 year-over-year, indicating a decline in investment performance[22].