YDC(SH:605555)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 564,236,059.28, representing a decrease of 1.04% compared to the same period last year[5]. - Net profit attributable to shareholders was CNY 42,154,364.23, down 29.83% year-on-year[5]. - Basic earnings per share decreased by 30.43% to CNY 0.16[6]. - The company reported a net profit margin of approximately 7.73% for Q1 2023, down from 8.00% in Q1 2022[20]. - In Q1 2023, the company's net profit was CNY 42,154,364.23, a decrease of 29.8% compared to CNY 60,074,020.42 in Q1 2022[22]. - The total revenue from operating activities was CNY 625,398,667.69, down from CNY 850,502,875.54 in the same period last year, representing a decline of 26.5%[25]. - The company's operating profit decreased to CNY 49,382,519.41 from CNY 68,538,713.36, reflecting a drop of 28.1% year-over-year[21]. - The company reported a total comprehensive income of CNY 40,383,084.93, down from CNY 59,385,532.02, a decrease of 32.1%[22]. Cash Flow and Assets - The net cash flow from operating activities was negative at CNY -3,347,547.54, a decline of 101.69% compared to the previous year[10]. - The company reported a significant decrease in cash received from sales of goods and services, impacting cash flow negatively[10]. - Cash and cash equivalents as of March 31, 2023, amounted to RMB 1,815,098,039.37, up from RMB 1,762,691,144.20 at the end of 2022, reflecting a growth of 2.00%[16]. - The cash flow from operating activities turned negative at CNY -3,347,547.54, compared to a positive CNY 198,179,881.37 in the previous year[25]. - The net cash flow from investing activities was CNY 76,379,351.66, a recovery from a negative CNY -578,998,921.99 in the previous year[26]. - The cash and cash equivalents at the end of the period increased to CNY 1,802,303,239.36 from CNY 1,070,585,825.45, showing a significant increase of 68.2%[26]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,891,685,976.96, an increase of 3.20% from the end of the previous year[6]. - Total assets reached RMB 3,891,685,976.96 as of March 31, 2023, compared to RMB 3,771,120,264.60 at the end of 2022, marking a growth of 3.19%[18]. - Total liabilities as of March 31, 2023, were RMB 1,313,976,358.22, an increase from RMB 1,233,793,730.79 at the end of 2022, reflecting a rise of 6.50%[18]. - The company's equity attributable to shareholders was RMB 2,577,709,618.74 as of March 31, 2023, compared to RMB 2,537,326,533.81 at the end of 2022, showing an increase of 1.59%[18]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,210[12]. - The top shareholder, Huang Yuchang, holds 24.36% of the shares, totaling 64,799,415 shares[12]. Research and Development - Research and development expenses increased slightly to CNY 22,547,238.15 from CNY 22,206,015.51, indicating a growth of 1.5%[21]. Future Outlook - The company plans to focus on expanding its market presence and investing in new technologies to drive future growth[19].