FLYCO(SH:603868)2022-04-27 16:00Financial Performance - The company's revenue for Q1 2022 reached ¥1,119,503,032.57, representing a year-on-year increase of 27.54%[4] - Net profit attributable to shareholders was ¥236,697,954.78, reflecting a significant growth of 59.10% compared to the same period last year[4] - The basic earnings per share (EPS) for the quarter was ¥0.54, an increase of 58.82% year-on-year[4] - Total operating revenue for Q1 2022 reached ¥1,119,503,032.57, a 27.5% increase from ¥877,732,567.84 in Q1 2021[18] - Net profit for Q1 2022 was ¥236,482,617.87, representing a 59.3% increase compared to ¥148,384,156.35 in Q1 2021[20] - The total comprehensive income for Q1 2022 was ¥236,482,617.87, compared to ¥148,384,156.35 in Q1 2021, showing strong overall performance[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,062,640,454.93, a decrease of 2.51% from the end of the previous year[5] - Total assets amount to ¥4,062,640,454.93, a decrease from ¥4,167,374,649.48[15] - Total liabilities as of Q1 2022 amounted to ¥784,847,364.98, down from ¥1,126,262,805.50 in the previous year[17] - Total equity attributable to shareholders reached ¥3,279,131,467.36, an increase from ¥3,042,234,884.48 in Q1 2021[17] Cash Flow - The net cash flow from operating activities was ¥68,522,077.23, with no applicable year-on-year comparison[4] - The company experienced a 220.33% increase in net cash flow from operating activities, driven by higher sales revenue[9] - In Q1 2022, the cash inflow from operating activities was CNY 1,246,694,971.95, a significant increase from CNY 894,432,436.20 in Q1 2021, representing a growth of approximately 39.4%[22] - The net cash flow from operating activities for Q1 2022 was CNY 68,522,077.23, compared to a negative cash flow of CNY -56,945,415.19 in Q1 2021, indicating a turnaround in performance[22] - The company reported a total operating cash outflow of CNY 1,178,172,894.72 in Q1 2022, compared to CNY 951,377,851.39 in Q1 2021, highlighting increased operational expenses[22] Expenses - The company reported a 68.74% increase in selling expenses, primarily due to higher advertising and promotional costs[9] - Total operating costs for Q1 2022 were ¥822,514,470.59, up 19.3% from ¥689,370,397.27 in Q1 2021[18] - Research and development expenses for Q1 2022 were ¥22,533,430.00, up from ¥17,346,445.81 in Q1 2021, indicating a focus on innovation[18] - The company reported a significant increase in sales expenses, which rose to ¥236,778,700.54 from ¥140,323,195.57 in the previous year, reflecting increased marketing efforts[18] Shareholder Information - Total number of common shareholders at the end of the reporting period is 6,853[10] - Shanghai Feike Investment Co., Ltd. holds 80.99% of shares, totaling 352,800,000 shares[10] - The company has a total of 0 preferred shareholders with restored voting rights[10] - The top ten shareholders include various investment funds, with the largest being Shanghai Feike Investment Co., Ltd.[10] Cash and Cash Equivalents - The company's cash and cash equivalents amount to ¥424,946,840.24 as of March 31, 2022, compared to ¥348,053,276.04 at the end of 2021[13] - Cash and cash equivalents decreased by 31.64% due to increased investments in financial products[9] - The ending balance of cash and cash equivalents as of Q1 2022 was CNY 424,946,840.24, compared to CNY 621,624,616.05 at the end of Q1 2021, showing a decline in available cash[23]