Financial Performance - The company's operating revenue for Q1 2022 was ¥217,966,479.03, a decrease of 1.38% compared to ¥221,025,561.39 in the same period last year[4] - Net profit attributable to shareholders increased by 23.99% to ¥25,636,265.63 from ¥20,676,268.99 year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses rose by 59.66% to ¥24,614,536.26 from ¥15,416,749.27[4] - Total operating revenue for Q1 2022 was ¥217,966,479.03, a decrease of 1.3% from ¥221,025,561.39 in Q1 2021[24] - Net profit for Q1 2022 reached ¥26,133,054.11, an increase of 16.4% compared to ¥22,374,342.47 in Q1 2021[25] - The company's total equity rose to ¥1,296,091,205.13, up from ¥1,269,072,551.02, reflecting a growth of 2.1%[24] - The company’s total comprehensive income for Q1 2022 was ¥26,133,054.11, compared to ¥22,374,342.47 in Q1 2021, indicating a growth of 16.4%[25] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥5,271,390,318.06, reflecting a 4.54% increase from ¥5,042,508,376.20 at the end of the previous year[4] - The total liabilities increased by 5.35% to ¥3,975,299,112.93, attributed to new lease liabilities recognized under the new leasing standards[8] - The company’s non-current assets totaled RMB 3,974,230,369.95, up from RMB 3,695,561,235.62 at the beginning of the year, indicating an increase of approximately 7.56%[21] - The company reported a total asset of RMB 5,271,390,318.06 as of March 31, 2022, an increase from RMB 5,042,508,376.20 at the beginning of the year, reflecting a growth of approximately 4.54%[20] - The company’s total liabilities amounted to RMB 1,000,000,000.00, with a significant portion attributed to other payables of RMB 186,420,935.57[21] Cash Flow - Cash flow from operating activities decreased by 14.02% to ¥92,427,405.07 from ¥107,504,503.06 year-on-year[4] - Cash inflow from operating activities was ¥238,666,274.38, compared to ¥263,693,159.46 in Q1 2021, reflecting a decrease of 9.5%[27] - The net cash flow from operating activities for Q1 2022 was ¥92,427,405.07, a decrease of 13.9% compared to ¥107,504,503.06 in Q1 2021[29] - The total cash outflow from investment activities was ¥598,373,507.94, significantly higher than ¥228,435,521.88 in the previous year, resulting in a net cash flow from investment activities of -¥598,373,507.94[29] - Cash inflow from financing activities totaled ¥6,337,771.38, a decrease from ¥652,043,077.18 in Q1 2021, leading to a net cash flow from financing activities of -¥94,755,128.86[29] - The company's cash and cash equivalents at the end of Q1 2022 were ¥475,275,506.03, down from ¥1,096,288,176.85 at the end of Q1 2021[29] - The company reported a significant increase in cash outflow for investment payments, which rose to ¥543,098,900.07 from ¥207,000,000.00 in Q1 2021[29] - The impact of exchange rate changes on cash and cash equivalents was a decrease of ¥5,358.53[29] - The company’s cash flow management strategies will be crucial in addressing the substantial cash outflows observed in the investment activities[29] Shareholder Information - The company reported a total of 26,257,500 shares under lock-up, with no shares released during the period[14] - The top shareholder, Shanghai Zhongweizi Investment Management Co., holds 79.90% equity, controlling 32.48% of the company[12] - The company has 5.45% of shares controlled by the spouse duo, Jia Bo and Li Yanling, who collectively control 42.03% of the company[12] - The company has released 6,044,328 shares from lock-up on February 10, 2022[14] - As of February 10, 2022, 24,726,748 shares were released from lock-up, accounting for 30.59% of the total share capital[17] Operational Changes - The company has decided to terminate the smart decoration upgrade projects for four locations, reallocating the unused raised funds to new projects[16] - The company has postponed the completion of the "Smart Decoration Upgrade Project" to August 2023 due to multiple factors including the COVID-19 pandemic[16] - The company reported a decrease in research and development expenses to ¥653,500.31 from ¥1,282,478.50, a reduction of 49.1% year-over-year[24]
德必集团(300947) - 2022 Q1 - 季度财报