YLT(SH:600197)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 739,755,247.68, representing an increase of 18.53% compared to the same period last year[13]. - Net profit attributable to shareholders of the listed company reached CNY 148,447,617.67, up 36.97% year-on-year[13]. - The net cash flow from operating activities was CNY 243,600,346.05, reflecting a significant increase of 78.78% compared to the previous year[13]. - Basic earnings per share for the period were CNY 0.3145, a rise of 36.95% from the same quarter last year[13]. - The company reported a net profit of CNY 151,245,818.07 for continuous operations, compared to CNY 108,708,363.55 in the same period last year[3]. - The company recorded a total comprehensive income attributable to shareholders of the parent company of CNY 148,635,136.10, compared to CNY 108,381,387.58 in the previous year[4]. - Net profit attributable to shareholders increased by 36.97% due to revenue growth and a 1.72% decrease in VAT and related taxes[19]. - Cash flow from operating activities rose by 78.78%, primarily driven by increased sales revenue and reduced payments for procurement, labor, and advertising[19]. - Basic earnings per share increased by 36.92% compared to the same period last year[19]. - Diluted earnings per share also rose by 35.78% year-on-year[19]. Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 4,924,901,897.48, which is a 5.10% increase from the end of the previous year[13]. - Total current assets reached approximately ¥2.82 billion, up from ¥2.59 billion in the previous year[30]. - Accounts receivable increased significantly to ¥105.66 million from ¥22.88 million year-on-year[30]. - Inventory decreased slightly to ¥1.62 billion from ¥1.66 billion in the previous year[30]. - Total liabilities as of Q1 2023 were ¥1,029,824,272.88, an increase from ¥933,237,747.59 in Q1 2022, reflecting a growth of 10.4%[35]. - Non-current liabilities totaled ¥197,314,215.24 in Q1 2023, slightly down from ¥199,764,884.84 in Q1 2022[35]. Shareholder Information - The company reported a total of 41,885 shareholders at the end of the reporting period[23]. - The largest shareholder, Xinjiang Yili Group Co., Ltd., holds 41.82% of the shares[23]. - The company does not have any pledged, marked, or frozen shares among the top shareholders[23]. Cash Flow - The cash and cash equivalents balance at the end of the period was CNY 908,722,906.57[6]. - Cash flow from operating activities in Q1 2023 was ¥727,267,255.17, a decrease from ¥793,835,092.68 in Q1 2022[43]. - The company's net cash inflow from sales of goods and services was ¥714,277,786.68 in Q1 2023, compared to ¥642,323,204.32 in Q1 2022[43]. - Net cash flow from operating activities was $243.6 million, an increase from $136.3 million year-over-year[45]. - Total cash outflow from operating activities amounted to $483.7 million, compared to $657.6 million in the previous year[45]. - Cash flow from investing activities was negative at -$65.0 million, compared to -$55.7 million in the prior year[45]. - Cash outflow for the purchase of fixed assets and intangible assets was $65.0 million, up from $55.7 million year-over-year[45]. - Cash flow from financing activities showed a net outflow of -$3.7 million, compared to -$2.4 million in the previous year[45]. - Cash and cash equivalents increased by $175.0 million, compared to an increase of $78.1 million in the prior year[45]. - The beginning balance of cash and cash equivalents was $733.8 million, down from $1.0 billion year-over-year[45]. Operating Costs - Total operating costs for Q1 2023 were ¥534,024,997.99, up 13.6% from ¥470,153,896.23 in Q1 2022[39]. - Accounts payable increased to ¥412,359,053.17 in Q1 2023, compared to ¥331,351,531.17 in Q1 2022, reflecting a rise of 24.5%[35]. - Research and development expenses decreased to ¥4,397,284.23 in Q1 2023 from ¥5,708,824.64 in Q1 2022, a reduction of 22.9%[39].