YOOZOO(SZ:002174)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥544,703,006.24, a decrease of 42.31% compared to ¥944,203,173.81 in the same period last year[6]. - Net profit attributable to shareholders was ¥79,937,320.30, down 57.36% from ¥187,466,026.48 year-on-year[6]. - Total revenue for the first quarter was ¥544,703,006.24, a decrease of 42.4% compared to ¥944,203,173.81 in the previous period[43]. - Net profit for the first quarter was ¥79,935,819.71, a decline of 57.4% from ¥187,265,402.45 in the previous period[49]. - The total comprehensive income attributable to the parent company was CNY 56,964,573.55, a decrease from CNY 173,845,499.11 in the previous period[53]. - Basic and diluted earnings per share were both CNY 0.09, down from CNY 0.21 in the previous period[53]. Cash Flow and Liquidity - The net cash flow from operating activities decreased by 58.34%, amounting to ¥142,040,562.76 compared to ¥340,917,000.63 in the previous year[6]. - Cash flow from operating activities was CNY 142,040,562.76, significantly lower than CNY 340,917,000.63 in the previous period[57]. - Cash inflow from operating activities totaled CNY 719,376,795.91, compared to CNY 1,372,392,054.88 in the previous period[57]. - Cash outflow from operating activities was CNY 577,336,233.15, down from CNY 1,031,475,054.25 in the previous period[57]. - The cash and cash equivalents at the end of the period were CNY 1,298,819,582.31, down from CNY 1,416,156,476.73 at the end of the previous period[60]. - The company received CNY 31,107,148.23 in tax refunds, an increase from CNY 22,546,505.26 in the previous period[57]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥6,632,921,241.11, a decrease of 4.46% from ¥6,942,200,131.70 at the end of the previous year[8]. - The total liabilities decreased to ¥1,605,019,786.40 from ¥1,811,288,903.67, reflecting a reduction of 11.4%[41]. - The total equity attributable to shareholders decreased to ¥5,032,788,723.30 from ¥5,135,797,099.96, a decline of 2.0%[41]. - The company's cash and cash equivalents were RMB 1,323,387,240.88, down from RMB 1,427,742,002.61 at the beginning of the year[32]. - The total current assets decreased to RMB 2,265,733,193.04 from RMB 2,416,604,351.76 at the beginning of the year[35]. - The company's long-term equity investments were valued at RMB 762,869,077.76, slightly down from RMB 765,703,303.20 at the beginning of the year[34]. Expenses and Cost Management - Research and development expenses decreased by 37.88% year-on-year, reflecting a shift of expenses to development costs due to an increase in ongoing projects[13]. - Research and development expenses were ¥58,858,483.74, down 38.0% from ¥94,748,167.13 in the previous period[46]. - Selling expenses decreased to ¥56,627,318.64, a reduction of 40.0% compared to ¥94,369,972.14 in the previous period[46]. - The company reported a decrease in financial expenses to ¥7,075,885.70 from ¥1,865,395.16, indicating a significant increase in interest expenses[46]. Shareholder Information - As of March 31, 2022, the total number of common shareholders was 71,087, with the top 10 shareholders holding a total of 86,681,638 shares, representing 9.46% of the total shares[17]. - The company repurchased a total of 13,699,900 shares, accounting for 1.50% of the total share capital, with a total transaction amount of approximately RMB 159,978,394.71[27][30]. - The company plans to use its own funds to repurchase shares at a price not exceeding RMB 20 per share, with a total repurchase amount between RMB 200 million and RMB 300 million[27].