YDC(SH:605555)2022-05-24 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥570,162,735.47, representing a decrease of 7.41% compared to the same period last year[6] - The net profit attributable to shareholders was ¥60,074,020.42, showing an increase of 2.42% year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥50,405,191.32, down by 5.99% from the previous year[6] - Basic earnings per share were ¥0.32, a decrease of 23.81% year-on-year[9] - Total operating revenue for Q1 2022 was ¥570,162,735.47, a decrease of 7.4% compared to ¥615,788,802.95 in Q1 2021[30] - Total operating costs for Q1 2022 were ¥513,131,145.52, down from ¥553,499,731.43 in Q1 2021, reflecting a reduction of 7.3%[30] - Net profit for Q1 2022 was ¥60,074,020.42, an increase of 2.4% from ¥58,655,188.96 in Q1 2021[34] - Total comprehensive income for the period was CNY 59,385,532.02, compared to CNY 58,822,393.05 in the previous year, reflecting a slight increase[36] - Basic and diluted earnings per share decreased to CNY 0.32 from CNY 0.42 year-over-year[36] Cash Flow and Investments - The net cash flow from operating activities was ¥198,179,881.37, a slight decrease of 0.14% compared to the same period last year[6] - Net cash flow from operating activities was CNY 198,179,881.37, slightly down from CNY 198,461,696.51 in the previous year[39] - Cash inflow from operating activities totaled CNY 850,502,875.54, compared to CNY 828,762,776.18 in the same period last year[39] - Cash outflow from operating activities was CNY 652,322,994.17, up from CNY 630,301,079.67 year-over-year[39] - Net cash flow from investing activities was negative CNY 578,998,921.99, compared to negative CNY 70,098,508.09 in the previous year[39] - Cash inflow from investing activities was CNY 106,337,394.31, significantly higher than CNY 2,442,790.92 in the previous year[39] - Cash outflow from investing activities increased to CNY 685,336,316.30 from CNY 72,541,299.01 year-over-year[39] - Net cash flow from financing activities was negative CNY 76,687,620.36, compared to negative CNY 40,912,742.98 in the previous year[39] - The ending cash and cash equivalents balance was CNY 1,070,585,825.45, down from CNY 188,984,513.49 in the previous year[39] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,648,446,075.15, a decrease of 0.95% from the end of the previous year[9] - The company's total assets as of March 31, 2022, amounted to ¥3,648,446,075.15, a slight decrease from ¥3,683,599,802.37 at the end of 2021[21] - Current assets totaled ¥3,062,454,227.32, down from ¥3,167,801,415.55 at the end of 2021, indicating a decrease of approximately 3.3%[25] - Cash and cash equivalents were reported at ¥1,280,297,124.59, a decrease of 29.3% from ¥1,812,975,223.62 at the end of 2021[21] - Accounts receivable decreased to ¥702,917,549.69 from ¥854,859,383.17, reflecting a decline of approximately 17.7%[21] - Inventory increased to ¥359,054,682.62 from ¥333,338,169.82, representing a growth of about 7.7%[25] - The company's non-current assets totaled ¥585,991,847.83, an increase from ¥515,798,386.82, indicating a growth of approximately 13.6%[25] - The total liabilities decreased from ¥1,000,000,000 to ¥900,000,000, reflecting a reduction of 10%[21] - The company's total liabilities decreased to ¥1,296,859,407.31 in Q1 2022 from ¥1,391,398,666.55 in Q1 2021, a reduction of 6.8%[28] - The total equity attributable to shareholders increased to ¥2,351,586,667.84 in Q1 2022 from ¥2,292,201,135.82 in Q1 2021, representing a growth of 2.6%[30] Shareholder Information - The company reported a total of 10 major shareholders, with the largest shareholder holding 3,051,210 shares, representing a significant portion of the equity[20] - The equity attributable to shareholders increased to ¥2,351,586,667.84, reflecting a growth of 2.59% year-on-year[9] Non-Recurring Gains and Expenses - Non-recurring gains included government subsidies amounting to ¥4,480,323.12[11] - Research and development expenses for Q1 2022 were ¥22,206,015.51, slightly down from ¥22,491,648.55 in Q1 2021[30] - The company maintained its capital reserve at ¥1,480,469,147.00, unchanged from the previous year, indicating stability in equity financing[28] - Deferred income increased to ¥20,477,572.37 in Q1 2022 from ¥8,558,208.73 in Q1 2021, suggesting growth in future revenue recognition[28] Financial Assets - The company experienced a significant increase in trading financial assets, up by 521.91% due to increased purchases of financial products during the period[11] - The company’s financial assets at fair value increased to ¥644,045,964.52 from ¥103,559,683.33, marking a substantial increase of approximately 521.5%[21] - The company's short-term borrowings were not reported for the current period, indicating a potential shift in financing strategy[25]