JJIT(SH:900929)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 63,846,532.56, representing a 55.15% increase compared to the same period last year[3]. - The net profit attributable to shareholders was CNY -4,432,692.78, with a net profit excluding non-recurring items of CNY -6,504,007.22, both not applicable for year-on-year comparison[3]. - The total revenue from tourism and related businesses was CNY 53,277,332.87, a 72.66% increase year-on-year[7]. - The revenue from domestic tourism reached CNY 14,258,803.17, showing a 203.71% increase year-on-year[6]. - The revenue from outbound tourism was CNY 2,726,263.21, a 50.00% decrease compared to the previous year[6]. - The gross profit margin for tourism and related businesses was 12.22%, reflecting a 2.99% increase compared to the previous year[12]. - The company reported a net profit for Q1 2023 of a loss of ¥6,481,466.42, an improvement from a loss of ¥12,960,020.16 in Q1 2022[35]. - The net profit attributable to the parent company for Q1 2023 was -4,432,692.78 RMB, compared to -11,795,569.73 RMB in Q1 2022, showing an improvement[36]. - Total comprehensive income for Q1 2023 was 25,716,737.02 RMB, down from 30,961,229.09 RMB in Q1 2022[36]. Cash Flow and Investments - The net cash flow from operating activities was CNY -35,312,796.46, not applicable for year-on-year comparison[3]. - Net cash flow from operating activities was CNY -35,312,796.46, a net outflow increase of CNY 30,086,629.18 compared to CNY -5,226,167.28 in the previous year, attributed to increased cash payments for goods and services[19]. - Net cash flow from investing activities was CNY -977,191.21, an increase in net outflow of CNY 660,195.36 from CNY -316,995.85 year-on-year, mainly due to higher cash payments for fixed assets and intangible assets[19]. - The company reported a net cash flow from investing activities of -977,191.21 RMB in Q1 2023, compared to -316,995.85 RMB in Q1 2022[38]. - The net cash flow from financing activities was -44,482.50 RMB in Q1 2023, unchanged from Q1 2022[38]. Assets and Liabilities - The total assets at the end of Q1 2023 were CNY 989,624,038.64, a 0.80% increase from the end of the previous year[4]. - Total assets increased to ¥989,624,038.64 from ¥981,726,522.32, a growth of 0.9%[32]. - Total liabilities decreased to ¥271,946,975.65 from ¥289,766,196.35, a reduction of 6.1%[32]. - Shareholders' equity increased to ¥717,677,062.99 from ¥691,960,325.97, an increase of 3.7%[32]. Operating Costs and Expenses - Operating costs for the current period reached CNY 51,722,919.87, a 59.73% increase from CNY 32,382,182.07 in the same period last year, primarily due to the recovery of tourism business[15]. - Total operating costs for Q1 2023 were ¥73,403,331.24, up 33.3% from ¥55,061,638.75 in Q1 2022[34]. - The total operating expenses for Q1 2023 were 84,435,760.82 RMB, significantly higher than 20,335,057.03 RMB in Q1 2022[37]. Other Income and Financial Metrics - Other income increased by 237.45% to CNY 2,754,293.73 from CNY 816,206.87 in the same period last year, primarily due to rental income and support funds received[19]. - The company experienced a decrease in other comprehensive income attributable to the parent company, which was 32,198,203.44 RMB in Q1 2023, down from 43,921,249.25 RMB in Q1 2022[36]. - Financial expenses decreased by 150.38% to CNY -72,053.73 from CNY 143,018.88 year-on-year, mainly due to increased interest income[16]. - Investment income rose by 142.85% to CNY 309,505.30 from CNY 127,448.84 year-on-year, mainly due to the recovery of joint venture operations[19]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,528[25]. - The largest shareholder, Shanghai Jinjiang Capital Co., Ltd., holds 50.21% of the shares, totaling 66,556,270 shares[25]. - The company has ceased to renew the financial service framework agreement with its controlling shareholder's financial company, with deposits and loans at CNY 0 as of March 24, 2023[22].