YouFa(SH:601686)2022-04-29 16:00Revenue and Profitability - The company's revenue for Q1 2022 reached ¥15,205,001,223.49, representing a 28.78% increase compared to ¥11,807,106,724.82 in the same period last year[6] - Net profit attributable to shareholders decreased by 57.67% to ¥130,793,773.88 from ¥309,243,587.96 in the previous year[9] - The company reported a significant drop in both net profit and earnings per share, indicating challenges in maintaining profitability amid market fluctuations[16] - Net profit for Q1 2022 was ¥133,443,443.97, a decrease of 58.8% from ¥324,004,289.54 in Q1 2021[36] - Earnings per share for Q1 2022 were ¥0.09, down from ¥0.22 in Q1 2021[39] - The company reported a total profit of ¥189,137,916.05 for Q1 2022, down from ¥435,558,592.08 in Q1 2021[36] Cash Flow and Financial Activities - The net cash flow from operating activities was negative at ¥-1,317,406,435.48, a decline of 25.94% compared to ¥-1,091,615,271.83 in the same period last year[9] - Operating cash inflow totaled approximately $18.08 billion, compared to $13.60 billion in the previous period, reflecting a significant increase[41] - Total cash outflow from operating activities was about $19.40 billion, up from $14.64 billion, leading to a net cash flow from operating activities of -$1.32 billion, worsening from -$1.05 billion[41] - Cash inflow from investment activities was approximately $2.46 billion, down from $3.19 billion, resulting in a net cash flow from investment activities of -$626.08 million, compared to a positive $403.54 million previously[41] - Cash inflow from financing activities reached $1.65 billion, an increase from $1.10 billion, with net cash flow from financing activities amounting to approximately $901.67 million, up from $250.08 million[44] - The company paid approximately $407.63 million in debt repayments, significantly higher than $170.53 million in the previous period[41] - The company experienced a net decrease in cash and cash equivalents of approximately $1.04 billion, compared to a decrease of $392.16 million in the prior period[44] Assets and Liabilities - Total assets increased by 13.95% to ¥18,082,877,529.64 from ¥15,868,517,167.08 at the end of the previous year[9] - The company's current assets totaled CNY 11,930,833,280.06, up from CNY 10,049,611,238.61, indicating a year-over-year increase of about 18.7%[29] - Total liabilities reached CNY 10,935,384,069.37, up from CNY 8,627,856,472.11, indicating a growth of approximately 27.0%[32] - The total equity attributable to shareholders of the parent company decreased to ¥6,091,070,685.81 from ¥6,230,332,266.38 year-over-year[34] - The company's equity decreased slightly from CNY 1,438,956,600.00 to CNY 1,438,756,600.00, a marginal decline of about 0.014%[32] Operational Performance - Total operating revenue for Q1 2022 reached ¥15,205,001,223.49, a significant increase of 28.9% compared to ¥11,807,106,724.82 in Q1 2021[34] - Total operating costs for Q1 2022 were ¥14,953,821,659.07, up from ¥11,375,083,512.78 in Q1 2021, reflecting a 31.5% increase[34] - Cash received from sales and services in Q1 2022 amounted to ¥18,056,947,781.12, compared to ¥13,385,763,962.63 in Q1 2021, indicating a growth of 35.8%[39] Research and Development - Research and development expenses for Q1 2022 were ¥1,789,928.50, an increase from ¥1,552,499.62 in Q1 2021[34] Non-Operating Income and Expenses - Non-operating income and expenses totaled ¥-3,146,453.75, reflecting various non-recurring losses[16] - The decline in net profit was primarily due to significant market price increases and production limitations caused by the pandemic[16]