YASHA(SZ:002375)2023-04-28 16:00Financial Performance - Total operating revenue for the current period is $2,089,744,519.08, an increase of 2.4% compared to $2,041,050,923.60 in the previous period[16] - Total operating costs for the current period are $2,034,397,040.45, up from $2,003,563,219.10, reflecting a rise of 1.5%[16] - Net profit for the current period is $60,315,362.33, down 30.5% from $86,761,404.09 in the previous period[17] - The total profit for the current period is $60,785,925.67, compared to $101,785,559.00 in the previous period, indicating a significant decrease[16] - Net profit attributable to shareholders was ¥62,113,379.83, a decrease of 27.74% from ¥85,957,133.25 year-on-year[43] - The net profit after deducting non-recurring gains and losses was ¥54,245,007.70, down 31.18% from ¥78,822,003.57 in the previous year[43] - Basic earnings per share decreased by 28.57% to ¥0.05 from ¥0.07 in the same period last year[43] Cash Flow - The net cash flow from operating activities decreased to $2,785,113,590.53 from $3,090,750,345.80, a decline of 9.9%[17] - The net cash flow from operating activities was -¥1,227,945,549.65, showing an improvement of 4.26% compared to -¥1,282,550,501.53 last year[43] - The cash inflow from operating activities was 2,937,757,798.13, down from 3,269,189,828.28, reflecting a decrease in operational cash generation[58] - The net cash flow from investment activities increased by 156.48% compared to the same period last year, primarily due to the recovery of investment funds[29] - Cash inflow from investment activities totaled 75,500,944.89, down from 100,607,298.32 in the previous period, while the net cash flow from investment activities improved to 50,720,476.26 from -89,794,978.73[58] - The net cash flow from financing activities decreased by 131.81% compared to the same period last year, primarily due to net outflows from borrowings[47] - The net cash flow from financing activities was -54,224,615.39, a significant decline compared to a positive cash flow of 170,445,229.00 in the previous period[61] Assets and Liabilities - The total assets decreased from CNY 23,180,146,268.43 at the beginning of the year to CNY 22,002,206,990.29, a reduction of approximately 5.08%[14] - The total liabilities decreased from CNY 15,223,309,408.06 to CNY 13,985,054,767.59, a decline of about 8.14%[14] - The total equity increased from CNY 7,956,836,860.37 to CNY 8,017,152,222.70, reflecting a growth of approximately 0.76%[14] - Total assets at the end of the reporting period were ¥22,002,206,990.29, down 5.08% from ¥23,180,146,268.43 at the end of the previous year[43] - Shareholders' equity attributable to the parent company increased by 0.81% to ¥7,719,025,217.55 from ¥7,656,911,837.72 at the end of the previous year[43] Receivables and Inventory - Accounts receivable decreased by 3.57% from CNY 3,603,522,857.10 to CNY 3,475,106,785.53[12] - The company's inventory increased from CNY 2,822,871,951.38 to CNY 3,437,965,456.34, an increase of about 21.8%[12] - The financing receivables increased significantly by 616.83% from CNY 2,925,453.72 to CNY 20,970,592.84, mainly due to an increase in bank acceptance bill settlements during the reporting period[7] Expenses and Impairments - Financial expenses decreased by 78.11% compared to the same period last year, primarily due to reduced interest expenses on loans and increased interest income from deposits[7] - Asset impairment losses decreased by 188.18% year-on-year, mainly due to the recovery of contract asset payments during the reporting period[7] - Income tax expenses decreased by 96.87% compared to the same period last year, attributed to a decrease in total profit and changes in the R&D expense deduction ratio[7] Other Income - The company reported a 149.42% increase in non-operating income, mainly due to penalties received during the period[47] - Investment income decreased by 818.56% compared to the same period last year, primarily due to increased interest expenses from the termination of bill discounting[29] - Asset disposal income increased by 1344.9% compared to the same period last year, mainly due to the disposal of right-of-use assets[29] - The company's management reported a 30.84% increase in contract liabilities compared to the beginning of the period, mainly due to an increase in advance payments for projects[28]