YASHA(002375)2024-04-29 14:19Financial Performance - The company's operating revenue for Q1 2024 was ¥2,217,526,226.64, representing a 6.11% increase compared to ¥2,089,744,519.08 in the same period last year[3]. - Net profit attributable to shareholders was ¥64,935,447.42, up 4.54% from ¥62,113,379.83 year-on-year[3]. - Total operating revenue for Q1 2024 was CNY 2,217,526,226.64, an increase of 6.13% compared to CNY 2,089,744,519.08 in Q1 2023[14]. - Total operating costs for Q1 2024 were CNY 2,178,033,206.69, up from CNY 2,034,397,040.45 in the same period last year, reflecting a year-on-year increase of 7.09%[14]. - Net profit for Q1 2024 reached CNY 61,263,986.32, compared to CNY 60,315,362.33 in Q1 2023, representing a growth of 1.57%[15]. - The company reported a basic earnings per share of CNY 0.05, consistent with the previous year[16]. Cash Flow - The net cash flow from operating activities improved by 18.30%, reaching -¥1,003,219,007.36 compared to -¥1,227,945,549.65 in the previous year[3]. - Operating cash inflow for the current period was ¥3,143,885,546.26, an increase from ¥2,937,757,798.13 in the previous period, reflecting a growth of approximately 7.0%[17]. - Total cash inflow from investment activities was ¥24,196,151.69, down from ¥75,500,944.89 in the previous period, indicating a decrease of approximately 68.1%[18]. - Net cash flow from investment activities was -¥8,563,730.47, a significant decline from ¥50,720,476.26 in the previous period[18]. - Cash inflow from financing activities totaled ¥563,800,000.00, compared to ¥732,733,034.79 in the previous period, representing a decrease of about 23.1%[18]. - Net cash flow from financing activities was -¥276,354,986.30, worsening from -¥54,224,615.39 in the previous period[18]. - The ending balance of cash and cash equivalents was ¥1,235,112,549.76, down from ¥1,303,784,329.59 in the previous period[18]. - The company reported a decrease in cash received from the recovery of investments, totaling ¥24,000,000.00 compared to ¥70,000,000.00 in the previous period[17]. - The company’s cash outflow for purchasing goods and services was ¥3,327,602,112.49, slightly up from ¥3,240,202,198.91 in the previous period[17]. - The company’s cash outflow for employee payments was ¥394,082,168.57, down from ¥561,148,819.54 in the previous period, indicating a reduction of approximately 29.8%[17]. Assets and Liabilities - Total assets decreased by 8.41% to ¥21,080,198,685.85 from ¥23,015,548,747.86 at the end of the previous year[3]. - The company's equity attributable to shareholders decreased slightly by 0.44% to ¥7,857,357,640.65 from ¥7,892,429,326.30[3]. - Total assets decreased from CNY 23,015,548,747.86 to CNY 21,080,198,685.85, a decline of approximately 8.43%[11]. - The company's total liabilities decreased to CNY 12,920,405,289.18 from CNY 14,817,012,204.44, a reduction of approximately 12.79%[13]. - Current liabilities decreased from CNY 12,633,000,000 to CNY 11,000,000,000, a reduction of approximately 12.92%[11]. - The total current assets decreased from CNY 18,841,289,697.14 to CNY 16,993,302,586.02, a decline of approximately 9.76%[11]. - Cash and cash equivalents decreased from CNY 3,321,365,121.17 to CNY 1,794,238,197.55, a reduction of about 46.96%[10]. - Accounts receivable decreased from CNY 3,909,132,230.02 to CNY 3,346,160,407.30, a decline of approximately 14.39%[10]. - The company has a total of CNY 6,942,165.62 in financing receivables, down from CNY 8,548,036.25[10]. Shareholder Information - The company reported a total of 34,859 common shareholders at the end of the reporting period[8]. - The largest shareholder, Yasha Holdings Co., Ltd., holds 32.77% of the shares, amounting to 439,090,032 shares[8]. Research and Development - The company has ongoing research and development efforts, although specific new products or technologies were not detailed in the report[9]. - Research and development expenses for Q1 2024 were CNY 71,181,284.76, an increase from CNY 66,008,833.52 in Q1 2023, indicating a focus on innovation[14]. Future Outlook - Future outlook includes continued focus on market expansion and product innovation, although specific targets were not disclosed in the report[12].