MY GYM(SZ:002621)2022-04-27 16:00Financial Performance - The company's revenue for Q1 2022 was ¥44,685,602.36, a decrease of 44.21% compared to ¥80,094,302.03 in the same period last year[3] - The net profit attributable to shareholders was a loss of ¥11,677,145.22, representing a decline of 253.83% from a profit of ¥7,591,136.39 in the previous year[3] - The net loss for Q1 2022 was CNY 9,219,931.76, compared to a net profit of CNY 15,818,331.43 in Q1 2021[19] - The net profit attributable to the parent company for Q1 2022 was CNY -11,677,145.22, compared to CNY 7,591,136.39 in the previous year[20] - The company reported a comprehensive loss of CNY 10,942,246.44 for Q1 2022, compared to a comprehensive income of CNY 18,222,246.24 in the same quarter last year[20] Cash Flow - The net cash flow from operating activities was -¥27,831,708.12, showing an improvement of 5.40% compared to -¥29,419,822.59 in the same period last year[3] - Total cash inflow from operating activities was 21,352,558.01, down from 57,677,600.47 in the previous period, reflecting a decrease of approximately 63.0%[22] - Cash outflow from operating activities totaled 49,184,266.13, a decrease of about 43.5% from 87,097,423.06 in the previous period[22] - The net cash flow from investing activities was -48,132,725.35, compared to a positive inflow of 47,009,019.84 in the previous period[23] - The net cash flow from financing activities was -2,678,954.76, compared to -130,770,095.88 in the previous period, indicating a significant reduction in cash outflow[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,288,107,967.15, a decrease of 0.47% from ¥3,303,642,070.34 at the end of the previous year[3] - The total liabilities as of the end of Q1 2022 were CNY 1,399,902,622.78, slightly down from CNY 1,404,494,479.53 at the end of Q1 2021[19] - The total equity attributable to shareholders of the parent company was CNY 879,620,150.59, a decrease from CNY 892,502,916.09 year-over-year[19] Shareholder Information - Total number of common shareholders at the end of the reporting period is 61,352[9] - The largest shareholder, Zhuhai Rongcheng Investment Center, holds 30.18% of shares, totaling 248,191,387 shares[9] - The second-largest shareholder, Yu Jianmo, holds 12.82% of shares, totaling 105,445,796 shares[9] - The total number of unrestricted shares held by the top ten shareholders is 448,000,000 shares[9] Operational Challenges - The company attributed the decline in revenue to temporary store closures due to localized COVID-19 outbreaks and changes in the consolidation scope following the sale of a subsidiary[7] - The company continues to focus on improving operational efficiency and exploring new market opportunities despite the current financial challenges[19] Investment and Equity - The company reported a 44.36% decrease in long-term equity investments, primarily due to losses from its associate My First Gym Co., Limited[7] - The company experienced a 67.10% decrease in non-operating income, with total non-operating income of ¥167,644.25 compared to ¥509,479.83 in the previous year[7] Earnings Per Share - The company’s basic and diluted earnings per share were both -¥0.01, a decrease of 200.00% from ¥0.01 in the same period last year[3] - Basic and diluted earnings per share for Q1 2022 were both CNY -0.01, compared to CNY 0.01 in Q1 2021[20]