UTour (SZ:002707)2022-04-15 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥59,486,096.93, a decrease of 30.16% compared to ¥85,170,058.91 in the same period last year[4] - The net profit attributable to shareholders was -¥56,950,292.82, an improvement of 23.70% from -¥74,636,936.02 year-on-year[4] - Total operating revenue for the current period was $59.49 million, a decrease of 30% from $95.39 million in the previous period[23] - Net profit for the current period was a loss of $61.36 million, compared to a loss of $95.90 million in the previous period, representing a 36% improvement[26] - The company reported a total comprehensive loss of $64.97 million, compared to a loss of $96.86 million in the previous period, indicating a 33% improvement[26] Cash Flow - The net cash flow from operating activities improved by 72.47%, reaching -¥11,669,362.16 compared to -¥42,385,251.73 in the previous year[6] - Cash flow from operating activities resulted in a net outflow of $11.67 million, an improvement from a net outflow of $42.39 million in the previous period[29] - The net cash inflow from investment activities amounted to $17,363,911.86, compared to $4,352,586.69 in the previous period, indicating a significant increase[31] - The total cash outflow from investment activities was $542,544.92, resulting in a net cash flow from investment activities of $17,363,911.86[31] - Cash inflow from financing activities totaled $217,040,805.70, while cash outflow was $286,840,546.44, leading to a net cash flow from financing activities of -$69,799,740.74[31] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,390,433,232.52, a decrease of 5.96% from ¥2,542,002,678.03 at the end of the previous year[4] - The company's current assets totaled RMB 1,177,271,213.19, down from RMB 1,295,513,010.99, indicating a decrease of about 9%[16] - Total liabilities decreased to RMB 2,294,652,890.44 from RMB 2,422,749,552.54, reflecting a decline of about 5.3%[19] - The company's equity attributable to shareholders decreased to RMB 309,725,200.73 from RMB 326,712,316.01, a decrease of approximately 5.2%[19] Expenses - The company reported a significant reduction in sales expenses, which decreased by 43.77% to ¥42,419,547.29 from ¥75,443,069.73 year-on-year[6] - Total operating costs decreased to $126.51 million, down 37% from $201.84 million in the previous period[23] - Management expenses decreased to $15.16 million, down 53% from $32.35 million in the previous period[23] - The company reported a decrease in employee compensation payable to RMB 53,934,027.91 from RMB 55,716,476.71, a decline of about 3.2%[19] Shareholder Metrics - The company’s basic earnings per share improved to -¥0.063, a 23.17% increase from -¥0.082 in the same period last year[4] - Basic earnings per share for the current period was -$0.063, an improvement from -$0.082 in the previous period[29] - The weighted average return on equity was -19.14%, a decline of 9.89% compared to -9.25% in the previous year[4] Other Information - The company received government subsidies amounting to ¥1,977,582.40 during the reporting period[5] - The company did not conduct an audit for the first quarter report[33] - The company experienced a negative impact of -$2,346,168.09 from foreign exchange fluctuations on cash and cash equivalents[31]