YANGYUAN(SH:603156)2022-04-22 16:00Financial Performance - The company's revenue for Q1 2022 was ¥2,048,198,838.16, representing a decrease of 8.42% compared to the same period last year[4] - Net profit attributable to shareholders was ¥523,641,214.93, down 29.10% year-over-year[4] - Basic earnings per share decreased to ¥0.4138, reflecting a 29.10% drop[5] - Total operating revenue for Q1 2022 was ¥2,048,198,838.16, a decrease of 8.4% compared to ¥2,236,611,030.40 in Q1 2021[15] - Net profit for Q1 2022 was ¥523,651,921.22, a decline of 29.1% from ¥738,551,291.38 in Q1 2021[16] - The company reported a total profit of ¥697,464,094.26 for Q1 2022, down from ¥945,474,937.79 in Q1 2021, a decrease of 26.3%[16] - Comprehensive income for Q1 2022 totaled ¥493,913,798.79, down from ¥725,464,979.49 in Q1 2021, a decline of 31.9%[16] Cash Flow - The net cash flow from operating activities was -¥957,285,180.50, a decline of 56.31% compared to the previous year[4] - In Q1 2022, the cash inflow from operating activities totaled ¥821,182,190.08, a decrease of 4.8% compared to ¥862,235,408.51 in Q1 2021[18] - The net cash outflow from operating activities was ¥957,285,180.50, worsening from a net outflow of ¥612,409,274.38 in the same period last year[18] - Cash inflow from investment activities amounted to ¥4,250,050,614.13, down 23.6% from ¥5,566,411,695.67 in Q1 2021[19] - The net cash flow from investment activities was ¥2,009,458,576.98, an increase of 30.5% compared to ¥1,540,450,455.74 in Q1 2021[19] - The total cash and cash equivalents at the end of Q1 2022 reached ¥1,578,323,521.69, up from ¥1,411,628,718.65 at the end of Q1 2021[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥14,669,522,666.45, down 7.65% from the end of the previous year[5] - The total current assets decreased to RMB 10,799,549,310.18 from RMB 12,224,087,542.58, indicating a decline of about 11.6% year-over-year[13] - The company's total assets as of March 31, 2022, were RMB 14,669,522,666.45, down from RMB 15,884,499,316.23 at the end of 2021, representing a decrease of approximately 7.6%[13] - Total liabilities as of Q1 2022 amounted to ¥1,710,799,782.31, down from ¥3,419,690,230.88 in the previous year[14] - The total liabilities as of March 31, 2022, included accounts payable of RMB 201,900,612.16, down from RMB 265,285,171.26, a decrease of about 24%[13] Equity and Investments - Shareholders' equity attributable to the parent company increased by 3.96% to ¥12,955,693,839.43[5] - Total equity attributable to shareholders was ¥12,955,693,839.43, an increase from ¥12,461,790,746.93 in the previous year[14] - The company's long-term equity investments decreased to RMB 1,210,705,860.84 from RMB 1,282,957,986.93, indicating a reduction of about 5.6%[13] Operational Costs and Expenses - Total operating costs for Q1 2022 were ¥1,357,075,171.09, down from ¥1,387,020,869.70 in Q1 2021, reflecting a cost reduction of 2.4%[15] - Research and development expenses for Q1 2022 were ¥8,292,262.50, up from ¥7,068,294.01 in Q1 2021, reflecting a growth of 17.3%[15] Other Financial Metrics - The weighted average return on equity was 4.12%, a decrease of 1.93 percentage points[5] - Non-recurring gains and losses totaled ¥31,875,730.60 for the period[7] - Deferred income tax liabilities were ¥58,043,505.35 in Q1 2022, compared to ¥63,543,176.16 in the previous year, indicating a reduction of 8.8%[14] - The company reported a significant increase in cash paid for purchasing goods and services, totaling ¥957,838,226.55, compared to ¥860,453,811.84 in Q1 2021, marking an increase of 11.3%[18] - The cash paid for taxes increased significantly to ¥533,203,213.75, compared to ¥359,261,237.54 in Q1 2021, representing a rise of 48.4%[18] Future Outlook - The company has not disclosed specific future outlooks or new product developments in the provided documents[20]