SHBM(SH:900939)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 3,819,708.36, representing a decrease of 18.31% compared to the same period last year[2]. - The net profit attributable to shareholders was CNY 1,152,333.81, down 34.32% year-on-year[2]. - Basic and diluted earnings per share were both CNY 0.0063, reflecting a decline of 34.32%[2]. - The weighted average return on equity was 1.05%, a decrease of 0.73 percentage points compared to the previous year[2]. - Total operating revenue for Q1 2022 was CNY 3,819,708.36, a decrease of 18.3% compared to CNY 4,675,815.40 in Q1 2021[12]. - Total profit for Q1 2022 was CNY 1,946,386.98, compared to CNY 2,793,137.27 in Q1 2021, a decrease of about 30.4%[13]. - Net profit for Q1 2022 was CNY 1,127,231.70, down from CNY 1,743,418.87 in Q1 2021, reflecting a decline of approximately 35.3%[13]. - Other comprehensive income after tax for Q1 2022 was CNY -6,387.85, compared to CNY 3,444.61 in Q1 2021, indicating a significant decline[14]. - The total comprehensive income for Q1 2022 was CNY 1,120,843.85, down from CNY 1,746,863.48 in Q1 2021, reflecting a decrease of about 35.9%[14]. Cash Flow and Assets - The net cash flow from operating activities decreased by 67.29%, totaling CNY 969,290.88[2]. - The company's cash and cash equivalents increased to CNY 103,550,875.58 as of March 31, 2022, compared to CNY 66,620,241.58 at the end of 2021, representing a growth of 55.4%[10]. - Cash and cash equivalents at the end of Q1 2022 were CNY 16,008,958.92, down from CNY 42,932,249.31 at the end of Q1 2021, indicating a decline of approximately 62.7%[16]. - Operating cash flow for Q1 2022 was CNY 969,290.88, a decrease of about 67.3% from CNY 2,962,928.90 in Q1 2021[16]. - Total cash inflow from investment activities in Q1 2022 was CNY 35,300,805.56, compared to CNY 30,242,666.67 in Q1 2021, an increase of about 16.9%[16]. - The company reported a net cash outflow from investment activities of CNY -4,703,963.47 in Q1 2022, contrasting with a net inflow of CNY 30,242,666.67 in Q1 2021[16]. Shareholder Information - The company reported a total of 10,682 common shareholders at the end of the reporting period[7]. - The top shareholder, Shanghai Huili Group Co., Ltd., held 51,989,300 shares, accounting for 28.6% of the total shares[7]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 139,382,153.63, an increase of 1.22% from the end of the previous year[2]. - Total assets as of March 31, 2022, amounted to CNY 139,382,153.63, up from CNY 137,696,288.40 at the end of 2021, indicating a slight increase of 1.2%[11]. - Total liabilities increased to CNY 25,634,577.94 as of March 31, 2022, compared to CNY 25,069,556.56 at the end of 2021, marking an increase of 2.3%[11]. - Non-current assets totaled CNY 33,967,894.17 as of March 31, 2022, down from CNY 35,584,581.84 at the end of 2021, reflecting a decrease of 4.5%[10]. Expenses - Total operating costs for Q1 2022 were CNY 534,495.11, down from CNY 659,063.87 in Q1 2021, reflecting a cost reduction of 18.9%[12]. - The company reported a significant increase in management expenses to CNY 821,298.63 in Q1 2022, compared to CNY 632,499.67 in Q1 2021, representing a rise of 30%[12]. - The financial expenses for Q1 2022 were reported as CNY -685,763.75, which is an increase in costs compared to CNY -391,794.21 in Q1 2021[12]. Profitability Factors - The decrease in net profit was primarily due to reduced rental income following a change in the leasing party for properties in the Kangqiao area[5].