YCIG(SH:600345)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 32,811,276.31, representing a year-on-year increase of 58.97%[4] - The net profit attributable to shareholders for Q1 2022 was CNY 22,664,243.34, reflecting a significant increase of 274.55% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 22,525,243.15, marking a 343.05% increase year-on-year[4] - The basic and diluted earnings per share for Q1 2022 were both CNY 0.11, an increase of 274.55% compared to the previous year[4] - The company's net profit for Q1 2022 was not explicitly stated, but the increase in operating revenue suggests potential profitability improvements[14] - The net profit for Q1 2022 was CNY 22,664,243.34, a significant increase from CNY 6,051,112.87 in Q1 2021, representing a growth of approximately 274%[15] - Operating profit for Q1 2022 reached CNY 22,744,205.65, compared to CNY 6,051,112.87 in the same period last year, indicating a substantial improvement[15] - Total revenue from sales and services in Q1 2022 was CNY 51,242,250.36, up from CNY 29,266,334.70 in Q1 2021, reflecting an increase of about 75%[16] - The total comprehensive income for Q1 2022 was CNY 25,007,401.06, significantly higher than CNY 6,051,112.87 in Q1 2021[15] Assets and Liabilities - The total assets at the end of Q1 2022 were CNY 2,369,170,908.44, up 1.78% from the end of the previous year[5] - The equity attributable to shareholders at the end of Q1 2022 was CNY 2,146,116,436.92, an increase of 1.24% from the end of the previous year[5] - Current assets totaled CNY 396,359,654.95 as of March 31, 2022, slightly up from CNY 394,278,463.81 at the end of 2021[10] - Non-current assets amounted to CNY 1,972,811,253.49 as of March 31, 2022, compared to CNY 1,933,510,923.57 at the end of 2021, reflecting a growth of approximately 2%[10] - Total liabilities were CNY 223,054,471.52 as of March 31, 2022, compared to CNY 207,899,528.05 at the end of 2021, indicating an increase of about 7.5%[11] - The total assets as of Q1 2022 amounted to CNY 2,260,882,031.74, up from CNY 2,239,758,722.78 in the previous year, reflecting a growth of approximately 0.93%[22] - The total liabilities decreased to CNY 40,842,077.43 in Q1 2022 from CNY 54,028,187.07 in Q1 2021, a reduction of about 24%[22] Cash Flow - The net cash flow from operating activities for Q1 2022 was CNY -12,126,621.92, indicating a focus on increasing cash collection efforts[6] - Cash flow from operating activities for Q1 2022 was negative at CNY -12,126,621.92, an improvement from CNY -37,920,852.69 in Q1 2021[16] - The company's cash and cash equivalents decreased to CNY 192,404,583.70 from CNY 219,148,301.81 at the end of 2021, a decline of approximately 12.2%[10] - Cash and cash equivalents at the end of Q1 2022 totaled CNY 192,404,583.70, down from CNY 226,159,111.19 at the end of Q1 2021[18] - The net cash flow from financing activities was -$11,485.80[27] - The net increase in cash and cash equivalents was -$18,565,701.57, compared to a decrease of -$3,602,341.80 in the previous period[27] - The ending balance of cash and cash equivalents was $139,100,444.43, down from $194,086,080.51 at the end of the previous period[27] Costs and Expenses - Total operating costs for Q1 2022 were CNY 43,268,805.01, up from CNY 30,438,138.90 in Q1 2021, indicating an increase of about 42.1%[14] - The company reported a research and development expense of CNY 4,989,176.33 in Q1 2022, which is comparable to CNY 4,154,729.28 in Q1 2021, indicating a focus on innovation[14] - Research and development expenses for Q1 2022 were CNY 1,491,872.78, compared to CNY 1,224,806.40 in Q1 2021, showing an increase of approximately 22%[25] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,739, with the top ten shareholders holding a significant portion of the shares[7] - The company's total equity increased to CNY 2,220,039,954.31 in Q1 2022 from CNY 2,185,730,535.71 in Q1 2021, reflecting a growth of approximately 1.57%[22] - Basic and diluted earnings per share for Q1 2022 were both CNY 0.16, compared to CNY 0.05 in Q1 2021, marking a 220% increase[26]