Unaudited First Quarter 2022 Results Announcement This announcement presents the unaudited consolidated results of BYD Electronic (International) Company Limited for the three months ended March 31, 2022 Basic Announcement Information This section details the purpose and regulatory basis for the disclosure of the Group's unaudited first-quarter consolidated results - The announcement's purpose is to disclose the unaudited consolidated results of BYD Electronic (International) Company Limited (the Group) for the three months ended March 31, 20221 - This announcement is made pursuant to Rule 13.09(2)(a) of the Listing Rules of The Stock Exchange of Hong Kong Limited and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong)1 Quarterly Performance Summary The Group's Q1 2022 revenue increased by 5.24% to RMB 20.933 billion, but gross profit and profit attributable to equity holders decreased by 10.69% and 77.71% respectively, leading to a significant decline in EPS, while total assets and liabilities grew with stable net assets Key Financial Performance for Q1 2022 (Year-on-Year) | Indicator | Three Months Ended March 31, 2022 (Unaudited) | Three Months Ended March 31, 2021 (Unaudited) | Change | | :--- | :--- | :--- | :--- | | Revenue | RMB Thousand 20,932,823 | RMB Thousand 19,889,806 | 5.24% | | Gross Profit | RMB Thousand 1,144,567 | RMB Thousand 1,281,616 | -10.69% | | Profit Attributable to Equity Holders of the Parent | RMB Thousand 180,073 | RMB Thousand 807,960 | -77.71% | | Earnings Per Share (Basic and Diluted) | RMB 0.08 | RMB 0.36 | -77.71% | Key Balance Sheet Indicators (Period-end Comparison) | Indicator | March 31, 2022 (Unaudited) | December 31, 2021 (Audited) | Change | | :--- | :--- | :--- | :--- | | Total Assets | RMB Thousand 43,276,796 | RMB Thousand 41,175,282 | 5.10% | | Total Liabilities | RMB Thousand 19,073,631 | RMB Thousand 17,148,179 | 11.23% | | Net Assets | RMB Thousand 24,203,165 | RMB Thousand 24,027,103 | 0.73% | Financial Data Notes and Board Information This section highlights the unaudited nature of the financial data, advises investor caution when trading company shares, and discloses the composition of the company's Board of Directors - The financial information for the three months ended March 31, 2022, has not been reviewed or audited by the auditors and is prepared based on the Group's internal data and management accounts3 - The Company's Audit Committee has reviewed the unaudited consolidated results for the three months ended March 31, 20223 - The Board of Directors includes Executive Directors Mr. Wang Nianqiang and Mr. Jiang Xiangrong; Non-executive Directors Mr. Wang Chuanfu and Mr. Wang Bo; and Independent Non-executive Directors Mr. Zhong Guowu, Mr. Antony Francis MAMPILLY, and Mr. Qian Jingjie4
比亚迪电子(00285) - 2022 Q1 - 季度财报