YILI(SH:600887)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 30,912,906,194.78, representing a year-on-year increase of 13.41%[4] - The net profit attributable to shareholders was CNY 3,519,032,464.86, up 24.32% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 3,290,051,933.91, reflecting a 25.18% increase year-on-year[4] - Total operating revenue for Q1 2022 reached ¥31,047,457,895, an increase of 13.1% compared to ¥27,362,779,682 in Q1 2021[15] - Net profit for Q1 2022 was ¥3,508,015,141, up 24.0% from ¥2,827,235,572 in Q1 2021[16] - The company's operating revenue for Q1 2022 was CNY 29.32 billion, an increase of 12.8% compared to CNY 26.16 billion in Q1 2021[22] - Net profit for Q1 2022 reached CNY 5.97 billion, up 10.4% from CNY 5.41 billion in the same period last year[22] - The company's operating profit was CNY 6.44 billion, representing a growth of 10.5% from CNY 5.83 billion in Q1 2021[22] Earnings and Shareholder Returns - Basic earnings per share for the period were CNY 0.56, an increase of 19.15% year-on-year[4] - Diluted earnings per share were CNY 0.55, reflecting a 17.02% increase compared to the same period last year[4] - Basic earnings per share for Q1 2022 was ¥0.56, compared to ¥0.47 in Q1 2021, reflecting a 19.15% increase[16] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 60.65% to CNY 441,419,296.72 due to a decline in advance payments received[7] - Cash flow from operating activities for Q1 2022 was ¥441,419,297, a decrease from ¥1,121,729,589 in Q1 2021[18] - The company experienced a decrease in cash inflow from operating activities, totaling ¥30,313,329,560 in Q1 2022, compared to ¥27,275,203,003 in Q1 2021[18] - Cash flow from operating activities showed a net outflow of CNY 72.51 million, an improvement from a net outflow of CNY 626.90 million in Q1 2021[23] - The company's cash and cash equivalents at the end of Q1 2022 stood at CNY 20.05 billion, down from CNY 13.66 billion at the end of Q1 2021[23] Assets and Liabilities - The total assets at the end of the reporting period were CNY 122,018,177,742.67, an increase of 19.67% from the end of the previous year[4] - As of March 31, 2022, the total current assets amounted to RMB 60,868,854,895.39, an increase from RMB 50,154,959,896.68 as of December 31, 2021, representing a growth of approximately 21.4%[13] - The total non-current assets reached RMB 61,149,322,847.28, up from RMB 51,807,379,945.97, indicating an increase of about 17.5%[13] - The company's total liabilities reached RMB 66,780,929,841.24, up from RMB 53,171,321,535.65, which is an increase of about 25.6%[14] - Total current liabilities increased to RMB 54,687,265,725.33 from RMB 43,296,239,436.14, marking an increase of around 26.3%[14] Investments and Other Income - The company reported non-recurring gains of CNY 228,980,530.95 after tax, primarily from government subsidies and other non-operating income[6] - The company announced an investment in acquiring a stake in Ausnutria Dairy Corporation Ltd., holding 1,070,113,149 shares, which is about 59.17% of the total issued shares[12] Expenses - Total operating costs for Q1 2022 were ¥27,134,288,292, representing a 11.4% increase from ¥24,287,046,977 in Q1 2021[15] - Research and development expenses for Q1 2022 amounted to ¥115,763,446, an increase from ¥103,808,741 in Q1 2021[15] - Sales expenses for Q1 2022 were ¥5,633,273,617, up from ¥4,641,055,832 in Q1 2021, indicating a 21.4% increase[15] Comprehensive Income - The company reported a total comprehensive income of ¥3,424,708,494 for Q1 2022, an increase from ¥2,626,784,545 in Q1 2021[16] - The total comprehensive income for Q1 2022 was CNY 5.95 billion, compared to CNY 5.39 billion in the same quarter of the previous year[22]