TKRT(688569)2023-04-19 16:00Financial Performance - The company's operating revenue for Q1 2023 reached ¥572,582,840.34, representing a year-on-year increase of 114.88%[5] - The net profit attributable to shareholders was ¥138,774,799.44, marking a significant increase of 197.68% compared to the same period last year[5] - Basic earnings per share (EPS) stood at ¥0.66, which is a 200.00% increase year-on-year[6] - The net profit for Q1 2023 was CNY 161,220,048.05, a significant increase from CNY 51,483,237.74 in Q1 2022, representing a growth of approximately 212%[20] - The operating profit for Q1 2023 reached CNY 188,886,684.56, compared to CNY 60,430,388.09 in the same period last year, indicating an increase of about 212%[20] - The total comprehensive income for Q1 2023 was CNY 161,220,048.05, compared to CNY 51,483,237.74 in Q1 2022, reflecting a growth of approximately 212%[21] Cash Flow - The net cash flow from operating activities was ¥88,196,749.31, reflecting a growth of 41.97% due to increased sales collections[8] - Cash inflows from operating activities totaled CNY 391,244,292.27, up from CNY 297,860,256.78 in Q1 2022, reflecting a growth of approximately 31.3%[23] - Cash outflows from operating activities were CNY 303,047,542.96, compared to CNY 235,738,253.93 in Q1 2022, marking an increase of about 28.6%[24] - The net cash flow from operating activities for Q1 2023 was CNY 88,196,749.31, an increase from CNY 62,122,002.85 in Q1 2022, representing a growth of approximately 42%[24] - The company's cash flow from investment activities showed a net outflow of CNY 9,556,334.19 in Q1 2023, compared to a net outflow of CNY 43,962,192.15 in Q1 2022, indicating a reduction in cash outflow[24] - The cash flow from financing activities resulted in a net outflow of CNY 5,224,370.00 in Q1 2023, compared to a net outflow of CNY 1,334,082.53 in Q1 2022, showing an increase in cash outflow[25] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥3,880,859,722.14, an increase of 11.50% from the end of the previous year[6] - Total assets as of March 31, 2023, were CNY 3,880,859,722.14, compared to CNY 3,480,533,953.13 at the end of 2022, representing an increase of about 11.5%[17] - Total liabilities as of March 31, 2023, amounted to CNY 864,555,686.86, up from CNY 625,449,965.90 at the end of 2022, indicating a growth of approximately 38.2%[16] - The total current liabilities rose to CNY 708,719,920.51, up from CNY 479,047,034.50, indicating an increase of approximately 48%[29] Research and Development - Research and development (R&D) expenses totaled ¥20,592,748.11, accounting for 3.60% of operating revenue, a decrease of 1.89 percentage points[6] - The company continues to invest in research and development, with R&D expenses for Q1 2023 totaling CNY 20,592,748.11, compared to CNY 14,624,422.65 in Q1 2022, an increase of about 40.6%[17] - Research and development expenses for Q1 2023 were CNY 15,153,353.10, compared to CNY 10,923,144.43 in Q1 2022, showing a growth of about 38.5%[30] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,663[10] - The top shareholder, China Railway Science Research Institute Group, holds 55,300,000 shares, representing 26.25% of the total shares[10] Inventory and Receivables - Accounts receivable increased to CNY 1,064,461,809.80 as of March 31, 2023, from CNY 764,590,083.15 at the end of 2022, marking a rise of about 39.2%[14] - Inventory decreased to CNY 420,413,469.34 as of March 31, 2023, down from CNY 469,988,292.55 at the end of 2022, a decline of approximately 10.5%[15] - The company's inventory decreased to CNY 289,496,263.88 from CNY 335,079,484.83, a decline of approximately 13.6%[28]