建艺集团(002789) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 was ¥431,768,136.73, a decrease of 27.79% compared to ¥597,901,353.42 in the same period last year[3] - The net profit attributable to shareholders for Q1 2022 was ¥4,321,331.74, down 36.40% from ¥6,795,013.42 year-on-year[3] - The net loss attributable to the parent company for Q1 2022 was RMB 5,693,827.81, compared to a net profit of RMB 16,442,088.54 in Q1 2021[18] - The net profit for Q1 2022 was CNY 4,315,459.81, a decrease of 36.0% compared to CNY 6,743,155.37 in Q1 2021[19] - Operating profit for Q1 2022 was CNY 4,158,842.80, down 52.7% from CNY 8,785,751.82 in the same period last year[19] - The total comprehensive income for Q1 2022 was CNY 4,315,459.81, a decrease of 36.0% from CNY 6,743,155.37 in Q1 2021[19] Cash Flow and Liquidity - The net cash flow from operating activities improved by 27.39%, reaching -¥92,764,525.82 compared to -¥127,755,125.27 in the previous year[7] - Cash and cash equivalents at the end of Q1 2022 were RMB 153,478,086.70, down 38.0% from RMB 246,979,868.23 at the beginning of the year[13] - Total cash and cash equivalents at the end of Q1 2022 were CNY 27,969,721.71, down from CNY 135,085,255.15 at the end of Q1 2021[22] - The company reported cash inflow from financing activities of CNY 96,194,406.99, a decrease of 28.5% from CNY 134,703,904.99 in the previous year[22] - The company reported a cash outflow from investing activities of CNY 12,067,736.00, compared to CNY 600,000.00 in the same period last year[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,195,642,148.67, a decrease of 4.03% from ¥3,329,769,089.24 at the end of the previous year[3] - Total assets as of March 31, 2022, were RMB 3,195,642,148.67, a decrease of 4.0% from RMB 3,329,769,089.24 at the beginning of the year[16] - Total liabilities decreased to RMB 3,055,321,179.93 from RMB 3,195,946,229.28, a reduction of 4.4%[15] Operational Efficiency - The total operating costs for Q1 2022 were RMB 426,074,308.92, down 26.8% from RMB 581,459,264.84 year-on-year[18] - Revenue from sales of goods and services received in Q1 2022 was CNY 362,516,616.18, a decline of 32.7% compared to CNY 538,912,429.20 in Q1 2021[20] - The company incurred a credit impairment loss of CNY -1,562,978.54, which is an improvement from CNY -6,491,920.87 in the previous year[19] Shareholder Returns - The company's basic earnings per share for Q1 2022 was ¥0.030, a decline of 40.00% from ¥0.050 in the same period last year[3] - The basic and diluted earnings per share for Q1 2022 were both CNY 0.030, down from CNY 0.050 in Q1 2021[19] Government Support and Financial Management - The company received government subsidies amounting to ¥27,993.53, reflecting a 3482.58% increase compared to the previous year[7] - Financial expenses decreased by 60.39% to ¥17,079,751.84, attributed to reduced bank loans and discounting of notes[7] - The company reported a significant reduction in financial expenses, which fell to RMB 17,079,751.84 from RMB 43,124,795.13 year-on-year[18] Other Notable Changes - The company reported a significant increase in prepayments, which rose by 345.73% to ¥28,973,504.29 due to business development needs[6] - Short-term borrowings decreased by 29.28% to ¥705,324,292.02, primarily due to a reduction in bank loans[6] - The company completed a share transfer agreement on January 5, 2022, where it acquired 11,240,717 shares at a price of RMB 14.77 per share[11]