中兴商业(000715) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥209,602,271.29, a decrease of 9.17% compared to ¥230,761,309.28 in the same period last year[3] - Net profit attributable to shareholders was ¥19,407,731.05, down 17.85% from ¥23,625,967.74 year-on-year[3] - The net profit excluding non-recurring gains and losses increased by 12.43% to ¥19,040,237.45 from ¥16,935,500.66 in the previous year[3] - The company reported a net profit margin improvement due to reduced operating costs, although specific profit figures were not disclosed[19] - The net profit for Q1 2022 was CNY 19,418,824.07, a decrease of 17.5% compared to CNY 23,606,629.11 in Q1 2021[20] - Operating profit for Q1 2022 was CNY 25,598,069.96, down 16.8% from CNY 30,656,586.90 in the same period last year[20] - The total comprehensive income for Q1 2022 was CNY 19,418,824.07, compared to CNY 23,606,629.11 in Q1 2021[21] - The company reported a basic and diluted earnings per share of CNY 0.05, down from CNY 0.06 in the previous year[21] Cash Flow and Assets - The net cash flow from operating activities was negative at -¥35,195,878.37, a decline of 153.09% compared to ¥66,291,815.18 in the same period last year[3] - Cash and cash equivalents at the end of Q1 2022 amounted to CNY 1.12 billion, slightly down from CNY 1.14 billion at the beginning of the year[15] - Cash and cash equivalents at the end of Q1 2022 were CNY 1,119,799,271.44, an increase from CNY 599,800,315.27 at the end of Q1 2021[23] - The cash flow from operating activities was negative at CNY -35,195,878.37, compared to a positive CNY 66,291,815.18 in the previous year[23] - Investment activities generated a net cash inflow of CNY 19,622,840.75, recovering from a significant outflow of CNY -600,238,891.60 in Q1 2021[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,418,757,210.22, a decrease of 1.02% from ¥2,443,708,408.82 at the end of the previous year[3] - Total assets as of March 31, 2022, were CNY 2.42 billion, a decrease from CNY 2.44 billion at the beginning of the year[17] - Total liabilities decreased to CNY 740.70 million from CNY 785.07 million at the beginning of the year, reflecting a reduction in short-term borrowings and accounts payable[17] - Non-current assets totaled CNY 1.07 billion, slightly down from CNY 1.07 billion at the beginning of the year[16] Operational Changes - The company established a wholly-owned subsidiary with an investment of CNY 5 million to accelerate business expansion and innovation[12] - The company completed the deregistration of a wholly-owned subsidiary to enhance operational efficiency[12] Other Financial Metrics - The weighted average return on equity was 1.16%, down from 1.52% in the same period last year, a decrease of 0.36%[3] - The balance of trading financial assets decreased by 93.00% to ¥10,517,476.92 due to partial recovery of asset management plans[7] - Accounts receivable increased by 84.78% to ¥1,240,402.37, indicating a rise in receivables during the period[7] - Other current assets surged by 5491.99% to ¥139,648,855.37, primarily due to the purchase of treasury reverse repurchase products[7] - The company incurred financial expenses of CNY -6,707,682.80, a significant increase from CNY -618,089.99 in the previous year[20] Future Outlook - The company plans to continue exploring new business models and market expansion strategies in the upcoming quarters[12] - The company has not undergone an audit for the Q1 2022 report[24]