YOOZOO(SZ:002174)2021-04-29 16:00Financial Performance - The company's operating revenue for Q1 2021 was ¥944,203,173.81, a decrease of 22.05% compared to ¥1,211,340,610.44 in the same period last year[10] - Net profit attributable to shareholders was ¥187,466,026.48, down 48.37% from ¥363,067,371.81 year-on-year[10] - The net profit after deducting non-recurring gains and losses was ¥91,879,342.21, representing a 67.50% decline from ¥282,733,714.22 in the previous year[10] - Basic and diluted earnings per share were both ¥0.21, down 48.78% from ¥0.41 in the same period last year[10] - The weighted average return on equity was 3.64%, down 3.50% from 7.14% in the previous year[10] - Total operating revenue for the first quarter was ¥944,203,173.81, a decrease of approximately 22.08% compared to ¥1,211,340,610.44 in the same period last year[67] Cash Flow - The net cash flow from operating activities was ¥340,917,000.63, a decrease of 26.50% compared to ¥463,839,559.31 in the same period last year[10] - Cash inflow from operating activities totaled 1,372,392,054.88, an increase from 1,281,355,092.57 in the previous period[84] - Cash outflow from operating activities was 1,031,475,054.25, compared to 817,515,533.26 in the previous period[87] - Net cash flow from investing activities was 178,577,027.98, a significant improvement from -87,294,490.03 in the previous period[87] - Net cash flow from financing activities was -391,055,073.55, slightly better than -442,891,263.22 in the previous period[90] - The ending balance of cash and cash equivalents was 1,416,156,476.73, up from 1,147,755,729.48 in the previous period[90] - The company reported a net increase in cash and cash equivalents of 92,195,318.50, contrasting with a decrease of -38,918,065.10 in the previous period[90] Assets and Liabilities - Total assets at the end of the reporting period were ¥8,242,455,002.36, a decrease of 4.08% from ¥8,592,711,982.00 at the end of the previous year[10] - The total current assets decreased to ¥3,919,793,573.06 from ¥4,221,345,979.62[50] - The total liabilities decreased to ¥3,010,335,231.17 from ¥3,533,088,361.00, reflecting a reduction of about 14.8%[56] - The total equity attributable to shareholders increased to ¥5,235,436,078.45 from ¥5,062,939,640.68, representing an increase of approximately 3.41%[59] - The company's long-term borrowings decreased significantly from ¥14,370,000.00 to ¥4,550,000.00, a reduction of approximately 68.3%[66] - Total liabilities amount to $1,786,634,769.29[107] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 87,772[14] - The actual controller of the company changed after the passing of the former controlling shareholder, with the shares now held by the minor children under the guardianship of their mother[25] Expenses and Investments - Sales expenses increased by 65% year-on-year, primarily due to increased promotional investments for new product launches[24] - R&D expenses increased by 49% year-on-year, mainly due to increased expenses related to product launches[24] - Investment income increased by 1045% year-on-year, primarily due to gains from the disposal of trading financial assets during the reporting period[24] - The company reported a tax expense of 2,846,500.68, up from 1,165,699.32 in the previous period[73] Compliance and Governance - The company has no overdue or unrecoverable amounts related to entrusted financial management[39] - The company has not engaged in any non-compliance external guarantees during the reporting period[40] - The company plans to enhance internal control systems to prevent related party fund occupation and improve operational compliance[41] Other Information - The company plans to repurchase A-shares with a minimum amount of RMB 50 million at a price not exceeding RMB 20 per share[25] - The first quarter report was not audited[108]