YNYW(SH:600725)2022-04-28 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥412,573,729.08, representing a year-on-year increase of 0.43%[6] - The net profit attributable to shareholders was ¥7,208,533.24, showing a significant increase of 92.27% compared to the same period last year[6] - The basic and diluted earnings per share were both ¥0.0058, reflecting a 92.27% increase year-on-year[7] - Operating profit for Q1 2022 was CNY 9,250,860.27, up 46.7% from CNY 3,749,263.63 in Q1 2021[23] - Net profit for Q1 2022 reached CNY 7,208,533.24, an increase of 92.5% compared to CNY 3,749,263.63 in the same period last year[24] - Basic and diluted earnings per share for Q1 2022 were both CNY 0.0058, compared to CNY 0.0030 in Q1 2021, reflecting a 93.3% increase[24] Assets and Liabilities - Total assets decreased by 4.44% from the end of the previous year, amounting to ¥470,259,654.44[7] - Total assets decreased to RMB 470,259,654.44 from RMB 492,107,959.23, a decline of 4.4%[19] - Total current liabilities decreased to RMB 105,029,098.40 from RMB 136,907,182.13, a reduction of 23.2%[19] - Non-current liabilities increased to RMB 17,706,083.02 from RMB 14,199,087.34, an increase of 24.5%[19] - Total liabilities decreased to CNY 129,885,965.58 from CNY 158,942,803.61, indicating a reduction of approximately 18.3%[20] - Total equity attributable to shareholders increased to CNY 340,373,688.86 from CNY 333,165,155.62, a growth of about 2.4%[20] Cash Flow - Cash flow from operating activities showed a net outflow of ¥131,201,134.72, a decrease of 11.45% year-on-year[6] - Cash inflow from operating activities totaled CNY 327,938,697.97, down from CNY 389,870,610.40 in the previous year[27] - The net cash flow from investing activities was -$277,952.20, with total cash outflows amounting to $20,078,895.00[28] - The net cash flow from financing activities was -$403,990.09, with cash outflows for debt repayment totaling $411,434.31[28] - The net increase in cash and cash equivalents was -$131,883,077.01, resulting in an ending balance of $31,452,445.10[28] - The beginning balance of cash and cash equivalents was $163,335,522.11, indicating a significant decrease during the quarter[28] Accounts Receivable and Inventory - Accounts receivable increased by 103.50% compared to the beginning of the period, primarily due to new trade business with extended payment terms[10] - Inventory increased by 147.13% compared to the beginning of the period, driven by higher raw material purchases[11] - Accounts receivable increased to RMB 297,830,880.53 from RMB 146,352,469.65, representing an increase of 103.6%[18] - Inventory increased to RMB 49,057,831.79 from RMB 19,851,072.49, showing a growth of 146.5%[18] Financial Expenses and Tax - The company reported a significant increase in tax and additional fees by 467.35% due to higher trade profits[11] - Financial expenses rose by 496.26% compared to the same period last year, mainly due to discounting bank acceptance bills[11] - The company reported a tax expense of CNY 2,042,327.03 for Q1 2022, with no tax expense reported in Q1 2021[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 32,687[14] - Yunnan Energy Investment Group holds 357,258,744 shares, accounting for 28.99% of total shares[14] Other Information - The company has no preferred shares or perpetual bonds outstanding[19] - The company has not disclosed any new product or technology developments in the current reporting period[16]