HSTD(SH:900942)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥129,339,308.77, representing a decrease of 12.07% compared to the same period last year[5] - The net profit attributable to shareholders of the listed company was -¥83,699,654.11, indicating a significant loss[5] - The basic and diluted earnings per share were both -¥0.1148, indicating a loss per share[5] - Operating profit for Q1 2022 was -¥85,648,654.66, compared to -¥30,579,354.72 in Q1 2021, indicating a significant decline in profitability[22] - Net profit for Q1 2022 was -¥86,943,855.63, worsening from -¥32,564,970.19 in the same period last year[23] - The weighted average return on net assets was -1.97%, a decrease of 1.22 percentage points compared to the previous year[5] - The company reported an investment loss of ¥2,943,887.44 in Q1 2022, compared to a gain of ¥615,990.98 in the same period last year[22] - Other comprehensive income after tax for Q1 2022 was -¥3,229,200.00, compared to -¥8,694,000.00 in Q1 2021[23] Cash Flow - The net cash flow from operating activities was -¥69,813,685.04, reflecting a decline in cash inflow[5] - In Q1 2022, the cash inflow from operating activities totaled ¥152,916,708.38, a decrease of 15% compared to ¥179,806,377.22 in Q1 2021[25] - The cash outflow from operating activities increased to ¥222,730,393.42 in Q1 2022, up from ¥200,362,518.83 in Q1 2021, resulting in a net cash flow from operating activities of -¥69,813,685.04[25] - The total cash and cash equivalents at the end of Q1 2022 stood at ¥704,252,629.76, an increase from ¥584,549,849.87 at the end of Q1 2021[26] - The company reported a significant increase in cash outflow for purchasing goods and services, which rose to ¥63,226,764.05 in Q1 2022 from ¥51,666,582.00 in Q1 2021[25] - The cash received from other operating activities decreased to ¥22,257,613.83 in Q1 2022, down from ¥31,621,282.86 in Q1 2021[25] - The company experienced a decline in cash received from sales of goods and services, which fell to ¥130,659,094.55 in Q1 2022 from ¥148,185,094.36 in Q1 2021[25] - The cash outflow from investment activities was ¥1,087,177,737.59 in Q1 2022, compared to ¥1,360,376,819.66 in Q1 2021, leading to a net cash flow from investment activities of -¥1,052,479,491.48[26] - The cash flow from financing activities resulted in a net outflow of -¥7,036,089.67 in Q1 2022, compared to -¥13,081,121.54 in Q1 2021[26] Assets and Liabilities - The total assets at the end of Q1 2022 were ¥4,982,265,570.70, down 3.26% from the end of the previous year[6] - The total number of common shareholders at the end of the reporting period was 49,048[12] - The largest shareholder, Huangshan Tourism Group Co., Ltd., holds 296,595,750 shares, accounting for 40.66% of total shares[12] - The company's total equity decreased to ¥4,423,131,619.57 from ¥4,513,681,571.00 year-over-year[19] - Total liabilities decreased to ¥559,133,951.13 from ¥636,396,116.08 in the previous year[19] Visitor Statistics - The number of visitors to the mountain decreased by 34.88% year-on-year, significantly impacting revenue and profit[9] - The total number of visitors to Huangshan Scenic Area was 205,100, a year-on-year decrease of 34.88%[14] Investments and Projects - The company plans to invest approximately RMB 35.14 million in the renovation projects for Pinghu Holiday Hotel and Tangquan Grand Hotel[15][16] - The company acquired a 40.85% stake in Huangshan Liubaili Tea Industry Co., Ltd. for RMB 55.15 million[15] - The company has approved the use of up to RMB 2 billion of idle raised funds for cash management[16] - The company has also approved the use of up to RMB 900 million of idle self-owned funds for cash management[16] Government Support - The company received government subsidies amounting to ¥1,177,668.91, which are closely related to its normal operations[8] Non-Recurring Gains and Losses - The total non-recurring gains and losses amounted to ¥3,457,107.20 after tax adjustments[9]