YDC(SH:605555)2024-04-25 12:25Financial Performance - The company's operating revenue for Q1 2024 reached ¥824,559,684.09, representing a year-on-year increase of 46.14%[5] - Net profit attributable to shareholders was ¥85,290,883.51, marking a significant increase of 102.33% compared to the same period last year[5] - The basic earnings per share (EPS) was ¥0.23, reflecting a growth of 109.09% year-on-year[5] - Operating profit for Q1 2024 was ¥94,476,079.92, up 91% from ¥49,382,519.41 in the same period last year[21] - Net profit for Q1 2024 was ¥85,290,883.51, representing a 102% increase from ¥42,154,364.23 in Q1 2023[22] - Basic and diluted earnings per share for Q1 2024 were both ¥0.23, compared to ¥0.11 in Q1 2023[22] - The company reported a net profit excluding non-recurring gains and losses of ¥81,308,183.59, up 101.13% year-on-year[5] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥4,604,722,136.77, an increase of 7.77% from the end of the previous year[5] - The company's total assets amounted to CNY 4,604,722,137, up from CNY 4,272,760,377, reflecting an increase of approximately 7.8%[16] - The total non-current assets increased to CNY 1,354,243,922 from CNY 1,288,998,955, showing a growth of around 5.1%[16] - The company's total liabilities decreased to CNY 1,686,840,277 from CNY 1,730,246,282, indicating a reduction of about 2.5%[16] - Total liabilities as of the end of Q1 2024 amounted to ¥1,790,826,753.47, an increase from ¥1,541,049,439.31 at the end of Q1 2023[21] Cash Flow - The net cash flow from operating activities was ¥50,002,796.04, with a notable increase in cash received from sales of goods and services[5] - In Q1 2024, the net cash flow from operating activities was ¥50,002,796.04, a significant improvement from a net outflow of ¥-3,347,547.54 in Q1 2023, representing a turnaround of over 1,600%[26] - Total cash inflow from operating activities in Q1 2024 was ¥925,658,957.65, compared to ¥625,398,667.69 in Q1 2023, indicating a year-over-year increase of approximately 48%[26] - Cash outflow for purchasing goods and services in Q1 2024 was ¥639,963,992.89, up from ¥489,951,185.24 in Q1 2023, reflecting a rise of about 30.6%[26] - The net cash flow from investing activities in Q1 2024 was ¥201,146,647.27, compared to ¥76,379,351.66 in Q1 2023, marking an increase of approximately 163%[27] - Cash inflow from financing activities in Q1 2024 totaled ¥604,835,000.00, with a net cash flow of ¥298,420,566.71, a recovery from a net outflow of ¥-4,503,437.75 in Q1 2023[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 372,360,800[11] - The largest shareholder, Huang Yuchang, holds 24.36% of the shares, totaling 90,719,181 shares[11] - There were no changes in the top 10 shareholders or significant movements in shareholding due to margin trading activities[13] Research and Development - Research and development expenses for Q1 2024 were ¥27,451,329.24, an increase from ¥22,547,238.15 in Q1 2023[21] Inventory and Receivables - Accounts receivable increased to CNY 930,634,015 from CNY 904,279,742, marking a rise of approximately 2.9%[15] - The company reported inventory of CNY 376,262,296, slightly up from CNY 375,738,105, indicating a marginal increase[15] Other Information - The company has not disclosed any significant new product developments or market expansion strategies in this quarter[13] - The company did not adopt new accounting standards for the year 2024, indicating stability in financial reporting practices[28]