SOYEA(SZ:000909)2023-04-27 16:00Financial Performance - The company's revenue for Q1 2022 was ¥208,323,639.50, a decrease of 35.49% compared to ¥322,926,150.90 in the same period last year[4] - Net profit attributable to shareholders was ¥4,872,137.89, down 7.39% from ¥5,260,687.68 year-on-year[4] - The basic earnings per share decreased by 8.33% to ¥0.011 from ¥0.012 in the same period last year[4] - Total operating revenue for Q1 2022 was CNY 208,323,639.50, a decrease of 35.6% compared to CNY 322,926,150.90 in the same period last year[20] - Net profit for Q1 2022 was CNY 10,342,172.13, a decline of 25.5% compared to CNY 13,902,290.15 in Q1 2021[22] - The company reported a total comprehensive income of CNY 5,571,764.40, down from CNY 10,425,990.41 year-over-year[22] Cash Flow - The net cash flow from operating activities was -¥213,373,703.15, a significant decrease from ¥162,194,085.72 in the previous year[4] - Cash received from sales of goods and services was CNY 180,583,614.87, compared to CNY 314,301,709.28 in the previous period[24] - The net cash flow from operating activities was -213,373,703.15 CNY, compared to a positive 162,194,085.72 CNY in the same period last year[25] - Total cash inflow from investing activities was 2,028,853.72 CNY, while cash outflow was 221,064,833.46 CNY, resulting in a net cash flow of -219,035,979.74 CNY[25] - Cash inflow from financing activities amounted to 988,210,456.79 CNY, with cash outflow of 532,776,458.41 CNY, leading to a net cash flow of 455,433,998.38 CNY[26] - The company received 300,447,500.00 CNY from borrowings during the quarter[26] - The company paid 264,719,010.23 CNY in debt repayments during the quarter[26] - The company paid 887,302,008.35 CNY in other cash outflows related to operating activities, compared to 61,629,444.19 CNY last year[25] Assets and Liabilities - Total assets increased by 8.87% to ¥4,780,488,482.40 from ¥4,391,040,626.33 at the end of the previous year[4] - The company's total liabilities increased to CNY 2,790,779,251.98 from CNY 2,385,573,817.96, reflecting a growth of 17.0%[21] - The total number of common shareholders at the end of the reporting period is 26,738[13] - The largest shareholder, Xihu Electronics Group Co., Ltd., holds 31.20% of shares, totaling 141,602,941 shares[13] - The total liabilities increased, with accounts payable at ¥150,435,215.95, down from ¥177,638,891.60, showing a decrease of about 15.3%[17] Shareholder Equity - The company's equity attributable to shareholders rose by 1.83% to ¥1,846,333,977.08 compared to ¥1,813,132,880.67 at the end of the previous year[4] - The total equity attributable to shareholders of the parent company was CNY 1,846,333,977.08, slightly up from CNY 1,846,232,246.92[21] Operational Highlights - The company is focusing on market expansion and new product development as part of its future strategy[14] - The company announced the transfer of a 49% stake in its subsidiary, indicating strategic restructuring efforts[14] Other Financial Metrics - The weighted average return on equity decreased by 0.03 percentage points to 0.26% from 0.29% year-on-year[4] - Research and development expenses for Q1 2022 were CNY 3,274,551.25, a decrease from CNY 4,509,336.01 in the same period last year[21] - The company incurred a credit impairment loss of CNY 14,148,184.58, compared to a gain of CNY 10,887,618.98 in the previous year[21] - Non-recurring gains and losses totaled ¥319,969.62, with significant contributions from government subsidies and other income[6] - The company reported a 475.53% increase in notes receivable, primarily due to an increase in the use of notes for settlement[8] - The company experienced a 63.97% increase in short-term borrowings, attributed to increased financing activities during the period[8] Audit and Reporting - The company did not conduct an audit for the first quarter report[27] - The report was released by the company's board on April 28, 2023[28]