Youngor(SH:600177)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 reached ¥7,425,879,341.84, representing a year-on-year increase of 290.87%[4] - Net profit attributable to shareholders was ¥2,117,647,330.18, reflecting a growth of 260.52% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥2,059,483,175.75, which is an increase of 463.61% year-on-year[4] - The basic earnings per share for the period was ¥0.47, up by 255.42% from the previous year[4] - The net profit for Q1 2022 was CNY 2,120,367,549.46, a significant increase from CNY 585,791,409.94 in Q1 2021, representing a growth of approximately 262%[22] - The total profit for Q1 2022 reached CNY 2,675,489,646.31, compared to CNY 740,020,498.06 in the same period last year, marking an increase of about 262%[22] - The total comprehensive income for Q1 2022 was CNY 2,469,251,034.07, compared to CNY 1,873,288,104.62 in Q1 2021, reflecting an increase of approximately 32%[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥76,858,624,091.57, a decrease of 4.19% from the end of the previous year[5] - The total assets as of March 31, 2022, were CNY 76,858,624,091.57, down from CNY 80,223,992,025.87 at the end of 2021[20] - The total liabilities decreased to CNY 39,936,777,033.57 from CNY 46,052,334,917.79 in the previous year[19] - The total equity attributable to shareholders increased to CNY 36,520,188,410.98 from CNY 34,000,098,680.35 in the previous year[19] Cash Flow - The net cash flow from operating activities was negative at -¥1,530,407,975.14, a decline of 1,284.52% compared to the previous year[4] - Cash flow from operating activities for Q1 2022 showed a net outflow of CNY -1,530,407,975.14, a decline from a net inflow of CNY 129,201,054.53 in Q1 2021[25] - Cash flow from investing activities generated a net inflow of CNY 3,195,080,025.35 in Q1 2022, contrasting with a net outflow of CNY -35,475,047.87 in Q1 2021[25] - Cash flow from financing activities resulted in a net outflow of CNY -1,553,001,301.95 in Q1 2022, compared to a net outflow of CNY -668,619,279.94 in Q1 2021[26] Segment Performance - The real estate segment's revenue surged to ¥569,242.61 million, a year-on-year increase of 3464.58% due to the concentrated delivery of the Jiangshang Garden Phase II project[7] - The fashion segment generated a revenue of 170,133.50 million RMB, showing a slight growth of 0.78% year-on-year, while the net profit for this segment was 25,160.12 million RMB, down 6.99%[12] - The real estate segment reported a revenue of 569,242.61 million RMB, a significant increase of 3464.58% year-on-year, with a net profit of 162,194.04 million RMB, up 1160.00%[16] - The investment segment achieved a net profit of 24,034.36 million RMB, reflecting a year-on-year growth of 27.85%[16] Operational Metrics - The company opened 2 new projects during the reporting period, with 15 ongoing projects covering a total area of 1,736,500 square meters[16] - The company's self-operated outlets generated a revenue of 34,834.48 million RMB, with a gross margin of 73.81%, despite a year-on-year decline of 9.41%[14] - The e-commerce channel reported a revenue of 10,998.66 million RMB, with a gross margin of 66.36%, showing a year-on-year growth of 24.81%[15] - The overall gross margin for the fashion segment was 73.85%, an increase of 2.69 percentage points compared to the previous year[15] - The company has 2,159 retail outlets with a total operating area of 490,000 square meters as of the end of the reporting period[12] Government Support - The company received government subsidies amounting to ¥12,350,262.61, which are closely related to its normal business operations[6] Inventory and Receivables - The inventory as of March 31, 2022, was CNY 15,834,194,719.10, slightly down from CNY 16,171,259,420.54[18] - The company reported a decrease in accounts receivable to CNY 270,855,994.56 from CNY 313,905,571.92 year-over-year[18] Earnings Per Share - The diluted earnings per share was ¥0.45, reflecting an increase of 243.59% year-on-year[5]