智度股份(000676) - 2022 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2022 was ¥818,587,305.12, representing a decrease of 55.92% compared to ¥1,857,166,484.80 in the same period last year[4] - Net profit attributable to shareholders for Q1 2022 was ¥31,194,456.90, down 50.74% from ¥83,248,920.21 year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥24,242,904.43, a decrease of 45.15% compared to ¥44,200,857.41 in the previous year[4] - Basic earnings per share for Q1 2022 were ¥0.0244, down 50.81% from ¥0.0652 in the previous year[4] - Total operating revenue for the first quarter was ¥850,633,923.58, a decrease of 55.06% compared to ¥1,891,584,961.68 in the previous period[28] - Operating income was ¥818,587,305.12, down from ¥1,857,166,484.80, reflecting a decline of 56.01%[28] - Net profit for the quarter was ¥44,600,844.24, down 28.83% from ¥62,620,525.67 in the same period last year[30] - The net profit attributable to the parent company was ¥31,194,456.90, a decrease of 50.83% compared to ¥63,329,276.40[30] - Other comprehensive income after tax was -¥15,693,842.38, compared to ¥10,336,050.85 in the previous period[30] - The company reported a comprehensive income total of ¥28,907,001.86, down from ¥72,956,576.52[30] Cash Flow - The net cash flow from operating activities improved significantly to ¥84,420,881.37, compared to a negative cash flow of ¥56,093,106.10 in the same period last year, marking a 250.50% increase[4] - Net cash flow from operating activities is 84,420,881.37, a significant improvement from a net outflow of -56,093,106.10 in the previous period[34] - Total cash inflow from operating activities is 1,034,337,108.68, down from 2,441,890,978.79 in the previous period[34] - Total cash outflow from operating activities is 949,916,227.31, compared to 2,497,984,084.89 in the previous period[34] - Cash flow from investing activities shows a net inflow of 16,223,409.12, recovering from a net outflow of -3,252,264.59 in the previous period[34] - Cash flow from financing activities resulted in a net outflow of -160,581,106.89, compared to -108,886,852.66 in the previous period[34] Assets and Liabilities - Total assets at the end of Q1 2022 were ¥4,814,166,076.38, a decrease of 5.30% from ¥5,083,663,848.57 at the end of the previous year[6] - Total liabilities decreased from 2,000,000,000 RMB to 1,800,000,000 RMB, indicating improved financial stability[21] - Total liabilities amounted to ¥970,805,273.84, down from ¥1,271,015,531.43[26] - Total equity attributable to shareholders of the parent company was ¥3,865,899,565.02, an increase from ¥3,850,908,479.46[26] Operational Efficiency - Operating costs decreased by 995,868,918.54, a 59.34% reduction, leading to an increase in gross profit margin as the decline in costs outpaced revenue[10] - The company reported a 42.94% decrease in employee compensation payable, amounting to a reduction of 27,866,459.47, due to the distribution of last year's year-end bonuses[10] - Financial expenses decreased by 12,224,533.16, an 84.98% decline, as a result of reduced bank loans and bill discounting activities[10] Investments and Strategic Initiatives - The company established a joint venture, Guangzhou Zhidu Universe Technology Co., Ltd., with Zhidu Group and Guoguang Electric Co., Ltd. to develop metaverse-related businesses[17] - The company launched the "Meta Beyond" project, which includes VR applications and art exhibitions in the metaverse, with three art exhibition halls already established[19] - A strategic cooperation framework agreement was signed with 37 Interactive Entertainment to integrate new-generation metaverse technology with gaming[20] - The company plans to enhance its digital marketing and blockchain capabilities to support the growth of its metaverse initiatives[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 85,706, with the largest shareholder holding 27.78% of the shares[13] - As of March 31, 2022, Zhidu Group Limited holds 83,088,573 shares, representing 6.51% of the total shares outstanding[16] Other Financial Metrics - The company recognized government subsidies amounting to ¥1,787,900.05 during the reporting period, which are closely related to its normal business operations[7] - The company made a correction to its previous accounting errors regarding equity investments, which may impact future financial reporting[6] - The weighted average return on net assets for Q1 2022 was 0.81%, down from 2.22% in the same period last year, indicating a decline of 1.41 percentage points[4] - The company’s goodwill decreased slightly from 613,859,147.56 RMB to 612,661,384.09 RMB, reflecting ongoing adjustments in asset valuations[24] - The company’s long-term receivables decreased by 478,799.80, a 100.00% decline, due to a reduction in factoring business related to internet finance[10] - Accounts receivable decreased by 99,930,493.00, a 100.00% decline, due to the maturity of bank acceptance bills during the reporting period[10]