Securities code: Xueda (Xiamen) Education Technology Group Co.Ltd(000526) securities abbreviation: Xueda (Xiamen) Education Technology Group Co.Ltd(000526) Announcement No.: 2022031 XueDa (Xiamen) Education Technology Group Co., Ltd
First quarter report 2022
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Important content tips:
1. The board of directors, the board of supervisors, directors, supervisors and senior managers guarantee that the quarterly report is true, accurate and complete without false records, misleading statements or major omissions, and bear individual and joint legal liabilities.
2. The person in charge of the company, the person in charge of accounting and the person in charge of the accounting organization (Accounting Supervisor) declare that they guarantee the authenticity, accuracy and completeness of the financial information in the quarterly report.
3. Has the first quarter report been audited
□ yes √ no
1、 Main financial data (I) main accounting data and financial indicators does the company need to retroactively adjust or restate the accounting data of previous years □ yes √ no
Increase or decrease in the reporting period compared with the same period of the previous year
Operating income (yuan): 4965802484969180238662 – 28.22%
Net profit attributable to shareholders of the listed company (yuan) 117098500536686762 – 78.18%
Net profit attributable to shareholders of listed companies after deducting non recurring losses of -490065973 -1099605642 and 55.43% (yuan)
Net cash flow from operating activities (yuan): 1390142869733330391406 – 58.29%
Basic earnings per share (yuan / share) 0.0099 0.0519 – 80.92%
Diluted earnings per share (yuan / share) 0.0099 0.0519 – 80.92%
Weighted average return on net assets: 0.83%, 1.29% – 0.46%
Increase or decrease at the end of the reporting period compared with the end of the previous year
Total assets (yuan): 345685190318346343328945 -0.19%
Owner’s equity attributable to shareholders of listed company (yuan): 4273671233542670872135 0.15%
（2） Non recurring profit and loss items and amount √ applicable □ not applicable
Unit: Yuan
Description of the amount of the project in the current reporting period
Profit and loss on disposal of non current assets (including the write off part of the provision for asset impairment) 330766858 profit and loss on disposal of fixed assets
Government subsidies included in current profits and losses (closely related to the company’s normal business, consistent with
Government subsidy of 5676461 yuan in accordance with national policies and regulations and in accordance with certain standard quota or quota
(excluding AIDS)
Profit and loss of entrusting others to invest or manage assets 6832660
Except for the effective hedging business related to the normal business of the company, the holding transaction
Profit and loss from changes in fair value arising from trading financial assets and trading financial liabilities, and -6832660
Investment income from disposal of trading financial assets, trading financial liabilities and available for sale financial assets
Other non operating income and expenditure other than the above items 562631
Other profit and loss items in line with the definition of non recurring profit and loss 323025681
Less: income tax impact 52867158
Total 607164473–
√ profit and loss of non recurring items in accordance with the specific definition of the State Administration of Taxation Announcement No. 8 in 2020: √ profit and loss of non recurring items in accordance with the definition of non applicable profits and losses of the company in 2020.
Description of defining the non recurring profit and loss items listed in the explanatory announcement on information disclosure of companies offering securities to the public No. 1 – non recurring profit and loss as recurring profit and loss items □ applicable √ not applicable the company does not define the non recurring profit and loss items listed in the explanatory announcement on Information Disclosure of companies offering securities to the public No. 1 – non recurring profit and loss as recurring profit and loss items. （3） Changes and reasons of main accounting data and financial indicators √ applicable □ not applicable
Reasons for changes in the proportion of income statement items from January to March 2022 and from January to March 2021
Taxes and surcharges 21925268371693876 205.82% of the increase in taxes and surcharges is mainly due to the reduction of the company’s preferential policies for value-added tax and surtax in the reporting period.
Credit impairment loss (loss -324065190 -169945082, 90.69% increase in credit impairment loss, mainly due to the increase in credit loss of accounts receivable expected to be filled with “-” in the reporting period).
The sales expense was 2609125929, 5864466304 – 55.51%, which was mainly due to the decrease of labor cost and the year-on-year decrease of the company’s market expense.
R & D expenses 6726397241103480142 – 39.04% R & D expenses decreased, mainly due to the reduction of labor costs and the year-on-year decrease of service and consulting fees for teaching R & D.
The non operating income increased by 9649050613102053 636.45%, which is mainly due to the fact that the company’s campus was closed during the reporting period, and the warranty deposit of decoration contract did not need to be paid, which was transferred from other payables.
Other income 3287021422204778331 – 85.09% other income decreased, mainly due to the reduction of the preferential reduction and exemption policies of value-added tax and surtax enjoyed by the company in the reporting period.
Investment income (loss is increased by – 71297007 – 110894449 and 35.71%), which is mainly due to the change of investment profit and loss of the company’s associated enterprises in the reporting period.
The income from asset disposal (loss 330766858 – 32391492112115%) increased, mainly due to the impact of the application of the new leasing standards and the increase in the income from the disposal of fixed assets.
Cash flow statement items from January to March 2022 and reasons for changes in proportion from January to March 2021
The current 1390142869733330391406 – 58.29% of the net cash flow from operating activities decreased, mainly due to the adverse impact of the double reduction policy of the company’s net principal flow in the reporting period and the decrease of business advance receipts.
The net cash flow from investment activities increased by 92.63% from -2486170315 to -33747255385, mainly due to the increase in the net principal flow of the company, the net purchase of financial products and redemption of financial products at maturity in the reporting period compared with last year, and the year-on-year decrease in campus decoration expenses.
The net cash flow from financing activities decreased by – 373068273573965870318 – 105.04%, which is mainly due to the net cash flow of the company, which completed the receipt of funds raised by non-public offering of shares in the same period of the year, and there are no major financing events in this report.
2、 Shareholder information (I) total number of ordinary shareholders, number of preferred shareholders whose voting rights have been restored and shareholding of the top ten shareholders
Unit: shares
Total number of common shareholders at the end of the reporting period priority of voting rights restoration at the end of the reporting period
Total number of shareholders of 19132 shares (if any) 0
Shareholding of top 10 shareholders
Shareholder name shareholder nature shareholding proportion shareholding quantity holding Limited sales conditions
