TENGEN(605066)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 reached ¥618,639,256.62, representing a year-on-year increase of 21.20%[5] - Net profit attributable to shareholders was ¥54,285,608.16, a significant increase of 337.64% compared to the same period last year[5] - The basic earnings per share (EPS) for the quarter was ¥0.14, reflecting a growth of 351.25% year-on-year[5] - Total revenue for Q1 2023 reached ¥618.64 million, a 21.2% increase from ¥510.44 million in Q1 2022[17] - Operating profit for Q1 2023 was ¥55.90 million, compared to ¥6.71 million in Q1 2022, marking a significant increase[17] - Net profit for Q1 2023 was ¥54.24 million, up from ¥12.33 million in Q1 2022, representing a 339.5% year-over-year growth[18] - The company reported a total profit of ¥57.20 million for Q1 2023, compared to ¥7.93 million in Q1 2022, showing strong profitability growth[18] Assets and Liabilities - Total assets at the end of Q1 2023 amounted to ¥3,157,500,075.84, an increase of 3.35% from the end of the previous year[6] - Total liabilities as of March 31, 2023, were RMB 1,332,837,250.65, compared to RMB 1,284,813,309.23 as of December 31, 2022, indicating an increase of about 3.75%[15] - The company's cash and cash equivalents decreased to RMB 722,273,559.04 from RMB 732,012,117.39, a decline of approximately 1.01%[14] - Accounts receivable rose to RMB 818,095,065.70 from RMB 718,632,273.53, representing an increase of about 13.83%[14] - Inventory decreased to RMB 250,902,967.70 from RMB 267,207,150.65, a reduction of approximately 6.09%[14] - The total equity attributable to shareholders increased to RMB 1,822,400,504.47 from RMB 1,768,114,896.31, reflecting a growth of about 3.07%[15] - The company's short-term borrowings significantly decreased to RMB 20,020,833.34 from RMB 80,726,069.46, a reduction of approximately 75.25%[15] - The total current liabilities increased to RMB 1,271,878,436.29 from RMB 1,232,158,074.39, indicating a rise of about 3.24%[15] Cash Flow - The net cash flow from operating activities was ¥67,434,052.49, with no applicable year-on-year comparison[5] - Cash flow from operating activities generated a net inflow of ¥67.43 million in Q1 2023, a turnaround from a net outflow of ¥55.63 million in Q1 2022[19] - Cash and cash equivalents at the end of Q1 2023 totaled ¥556.45 million, compared to ¥451.38 million at the end of Q1 2022[20] Expenses and Costs - Research and development expenses decreased to ¥29.84 million in Q1 2023 from ¥31.74 million in Q1 2022, indicating a focus on cost management[17] - Total operating costs for Q1 2023 were ¥577.48 million, up from ¥499.39 million in Q1 2022, reflecting increased operational activities[17] Other Financial Metrics - The weighted average return on equity (ROE) improved to 3.02%, up by 2.30 percentage points from the previous year[5] - Non-recurring gains and losses for the period totaled ¥19,303,668.49 after tax adjustments[7] - The company reported a rise in other non-current assets to RMB 73,750,428.63 from RMB 56,062,028.36, an increase of approximately 31.66%[14] - The company's retained earnings increased to RMB 645,240,408.38 from RMB 590,954,800.22, reflecting a growth of about 9.19%[15] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[8] - The total number of ordinary shareholders at the end of the reporting period was 27,567[10] - The company incurred a foreign exchange loss of ¥14,020.13 in Q1 2022, impacting cash flow[20]