JJIT(SH:900929)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 41,150,176.12, representing a decrease of 11.76% compared to the same period last year[4] - The net profit attributable to shareholders was a loss of CNY 11,795,569.73, with basic earnings per share at -0.0890 yuan[4] - Total revenue for Q1 2022 was CNY 41,150,176.12, down from CNY 46,634,929.38 in Q1 2021, representing a decline of approximately 11%[32] - Net profit for Q1 2022 was a loss of CNY 12,960,020.16, compared to a loss of CNY 8,240,991.49 in Q1 2021, indicating a worsening of approximately 57%[33] - The net profit attributable to the parent company's shareholders for Q1 2022 was a loss of ¥11,795,569.73, compared to a loss of ¥7,081,455.11 in Q1 2021, indicating an increase in losses of approximately 66.5% year-over-year[34] - Total comprehensive income for Q1 2022 was ¥30,961,229.09, down from ¥33,165,352.40 in Q1 2021, reflecting a decrease of about 6.5%[34] - Basic earnings per share for Q1 2022 was -¥0.0890, compared to -¥0.0534 in Q1 2021, showing a worsening in earnings per share[34] Cash Flow - The cash flow from operating activities showed a net outflow of CNY 5,226,167.28, indicating a decline in cash generation[4] - The net cash flow from operating activities for Q1 2022 was -5,226,167.28 RMB, an improvement of 6,264,862.73 RMB compared to -11,491,030.01 RMB in Q1 2021[17] - Cash inflows from operating activities totaled ¥47,714,666.64 in Q1 2022, down 16.4% from ¥57,092,721.89 in Q1 2021[37] - Cash outflows from operating activities were ¥52,940,833.92 in Q1 2022, a decrease of 22.8% compared to ¥68,583,751.90 in Q1 2021[37] Assets and Liabilities - Total assets increased by 3.53% year-on-year, reaching CNY 1,068,371,324.85[5] - Total assets as of March 31, 2022, amounted to CNY 1,068,371,324.85, an increase from CNY 1,031,909,388.05 in the previous year[29] - Total current assets decreased to CNY 268,873,150.32 from CNY 274,615,673.73 year-over-year[28] - Total non-current assets increased to CNY 799,498,174.53 from CNY 757,293,714.32 year-over-year[29] - The company reported a decrease in total liabilities to CNY 284,810,743.92 from CNY 279,310,036.21 year-over-year[30] Equity - The company's total equity attributable to shareholders rose by 4.25% to CNY 788,047,162.72[5] - The total equity attributable to shareholders increased to CNY 788,047,162.72 from CNY 755,921,483.20 year-over-year[30] - The total number of ordinary shareholders at the end of the reporting period was 11,946[23] - The largest shareholder, Shanghai Jinjiang Capital Co., Ltd., held 66,556,270 shares, representing 50.21% of total shares[24] Income and Expenses - The gross margin for tourism-related business decreased by 3.05 percentage points, reflecting a challenging market environment[14] - Other income decreased by 57.31% to CNY 816,206.87, primarily due to reduced government subsidies[16] - The company reported a significant decline in investment income, down 66.67% to CNY 127,448.84, mainly due to reduced securities lending profits[16] - Financial expenses increased to 143,018.88 RMB in Q1 2022 from -27,981.23 RMB in Q1 2021, indicating a significant rise in costs[17] - Income tax expenses dropped dramatically by 99.98% to 87.70 RMB in Q1 2022 from 578,927.40 RMB in Q1 2021[17] Inventory and Receivables - The company's inventory decreased by 51.95% to CNY 164,771.45, attributed to reduced raw material purchases[13] - Accounts receivable slightly decreased to CNY 52,127,491.24 from CNY 52,389,897.80 year-over-year[28]