学大教育(000526) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was ¥496,580,248.49, a decrease of 28.22% compared to ¥691,802,386.62 in the same period last year[3] - Net profit attributable to shareholders was ¥1,170,985.00, down 78.18% from ¥5,366,867.62 year-over-year[3] - Basic and diluted earnings per share were both ¥0.0099, reflecting an 80.92% decline from ¥0.0519 in the previous year[3] - The company’s total comprehensive income attributable to the parent company was CNY 658,402, down 88.2% from CNY 5,587,398.69 year-on-year[24] - Net profit for Q1 2022 was CNY 1,314,810.46, compared to CNY 4,673,439.18 in the same period last year, reflecting a decline[23] Cash Flow - The net cash flow from operating activities decreased by 58.29%, amounting to ¥139,014,286.97 compared to ¥333,303,914.06 in Q1 2021[3] - Cash inflows from operating activities totaled CNY 539,366,010.20, a decline of 40.6% compared to CNY 907,047,626.37 in the previous year[27] - The net cash flow from financing activities decreased by 105.04%, resulting in a cash outflow of ¥37,306,827.35, as there were no major fundraising activities during the reporting period[8] - The net cash flow from investing activities was -CNY 24,861,703.15, an improvement from -CNY 337,472,553.85 in the previous year[28] - The ending balance of cash and cash equivalents was CNY 950,121,277.64, down 45.0% from CNY 1,728,491,182.55 at the end of the previous year[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,456,851,903.18, a slight decrease of 0.19% from ¥3,463,433,289.45 at the end of the previous year[3] - Total liabilities decreased to CNY 3,040,566,101.75 from CNY 3,047,949,715.48, indicating a reduction of about 0.24%[20] - The company’s total current assets increased to CNY 1,206,595,117.82 from CNY 1,129,511,042.42, reflecting an increase of approximately 6.8%[18] Operating Costs and Expenses - Total operating costs for Q1 2022 were CNY 491,550,049.60, down from CNY 696,224,428.91 in the previous period[22] - Research and development expenses decreased by 39.04% to ¥6,726,397.24, attributed to reduced labor costs and lower service fees for educational research[8] - The company reported a decrease in research and development expenses to CNY 6,726,397.24 from CNY 11,034,801.42, a reduction of approximately 38.5%[23] Shareholder Information - The company’s major shareholders include Tibet Ziguang Zhuoyuan Equity Investment Co., Ltd. with a 12.74% stake and Zhejiang Taizhou Yelin Bay Investment Planning Co., Ltd. with a 10.56% stake[10] - Tianjin Anter Cultural Communication Co., Ltd. holds 8.99% of the shares, while Tianjin Jinfeng Cultural Communication Co., Ltd. holds 5.09%[10] - Tianjin Yuhan Enterprise Management Partnership (Limited Partnership) increased its shareholding by 1.2998 million shares, representing approximately 1.10% of the total share capital[12] Corporate Actions and Strategy - The company is focusing on stabilizing operations, optimizing industry layout, and expanding into new business directions despite challenges from policies and pandemic impacts[12] - The company has undergone a board and supervisory committee restructuring, with the new members set to fulfill their responsibilities in compliance with relevant laws and regulations[13] - The company did not conduct any mergers or acquisitions during the reporting period[24] Other Income and Gains - The company reported a significant increase in non-operating income, which rose by 636.45% to ¥964,905.06, primarily due to the transfer of warranty deposits from other payables[8] - The company recorded a gain from asset disposals of ¥3,307,668.58, a significant increase of 1121.15% compared to a loss of ¥323,914.92 in the previous year[8] - The company experienced a 205.82% increase in taxes and surcharges, totaling ¥2,192,526.83, due to reduced tax relief policies[8]