YJFC(SH:600265)2022-04-26 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥29,800,224.22, representing a year-on-year increase of 215.74%[5] - The net profit attributable to shareholders was -¥2,691,669.02, with a basic and diluted earnings per share of -¥0.021[5] - The net cash flow from operating activities was -¥12,427,652.45, a decrease of 200.98% compared to the previous year[5] - Total operating revenue for Q1 2022 was CNY 29,800,224.22, a significant increase from CNY 9,438,217.26 in Q1 2021, representing a growth of approximately 215.5%[17] - Total operating costs for Q1 2022 amounted to CNY 32,864,321.23, up from CNY 15,286,101.61 in Q1 2021, indicating an increase of about 114.5%[17] - The net loss for Q1 2022 was CNY -2,741,351.33, compared to a net loss of CNY -5,050,304.47 in Q1 2021, showing an improvement of approximately 45.9%[19] - Basic and diluted earnings per share for Q1 2022 were both CNY -0.021, compared to CNY -0.039 in Q1 2021[19] Assets and Liabilities - The total assets at the end of the reporting period were ¥299,509,748.84, down 3.99% from the end of the previous year[6] - The company's total assets as of Q1 2022 were CNY 299,509,748.84, a decrease from CNY 311,957,033.37 at the end of the previous period[14] - Total liabilities for Q1 2022 were CNY 129,442,612.34, down from CNY 139,282,010.10 in the previous period, reflecting a reduction of about 7.5%[14] - Total liabilities as of Q1 2022 were CNY 139,282,010.10, remaining consistent with the previous year[28] - The company's total equity as of Q1 2022 was CNY 172,675,023.27, reflecting no change from the previous year[28] Cash Flow - The company reported a decrease in cash and cash equivalents to ¥13,272,746.58 from ¥23,313,765.00 at the end of the previous year[12] - Cash inflow from operating activities in Q1 2022 was CNY 36,630,483.24, a 53.7% increase from CNY 23,842,058.69 in Q1 2021[22] - Cash outflow from operating activities in Q1 2022 was CNY 49,058,135.69, compared to CNY 11,535,004.80 in Q1 2021, resulting in a net cash flow from operating activities of -CNY 12,427,652.45[22] - Cash inflow from investment activities in Q1 2022 was CNY 95,358.00, while cash outflow was CNY 150,000.00, leading to a net cash flow from investment activities of -CNY 54,642.00[23] - Cash inflow from financing activities in Q1 2022 was CNY 2,439,690.00, with no cash outflow reported, resulting in a net cash flow from financing activities of CNY 2,439,690.00[23] - The net increase in cash and cash equivalents for Q1 2022 was -CNY 10,041,018.42, compared to -CNY 25,704,079.91 in Q1 2021[23] - The ending balance of cash and cash equivalents as of Q1 2022 was CNY 13,272,746.58, down from CNY 42,150,687.41 in Q1 2021[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 4,272[9] - The largest shareholder, Chow Tai Fook Investment Co., Ltd., held 55.00% of the shares[10] Government Support and Market Expansion - The company received government subsidies amounting to ¥140,000, contributing to other income of ¥128,677.09[7] - The company expanded its market presence, which was a key factor in the significant increase in operating revenue[7] Operational Efficiency - The weighted average return on net assets was -1.53%, an increase of 21.51 percentage points compared to the previous year[6] - The company reported a significant increase in sales expenses, which rose to CNY 33,337.73 from CNY 112,227.00 in the previous year, indicating a strategic shift in marketing efforts[17] - The company experienced a credit impairment loss of CNY 194,068.59 in Q1 2022, a decrease from CNY 971,981.76 in Q1 2021, suggesting improved credit management[17]