T&S(300570)2022-04-19 16:00Financial Performance - The company's revenue for Q1 2022 was ¥180,256,520.23, representing a 14.53% increase compared to ¥157,382,064.98 in the same period last year[5] - Net profit attributable to shareholders was ¥23,537,840.39, up 6.76% from ¥22,048,258.20 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥21,593,538.22, reflecting an 18.43% increase from ¥18,233,715.89 in the previous year[5] - Total operating revenue for the first quarter reached ¥180,256,520.23, an increase of 14.4% compared to ¥157,382,064.98 in the same period last year[25] - The net profit for the current period is CNY 23,027,379.66, an increase of 7.1% compared to CNY 21,497,206.34 in the previous period[28] - Operating profit for the current period is CNY 25,816,427.94, compared to CNY 24,595,247.41 in the previous period, reflecting a growth of 4.9%[28] - The total profit for the current period is CNY 25,774,027.94, compared to CNY 24,593,446.86 in the previous period, reflecting an increase of 4.8%[28] Cash Flow and Liquidity - The net cash flow from operating activities decreased significantly by 80.80%, amounting to ¥7,317,571.23 compared to ¥38,112,652.42 in the same period last year[5] - The net cash flow from operating activities is CNY 7,317,571.23, a decrease of 80.8% compared to CNY 38,112,652.42 in the previous period[33] - Cash and cash equivalents at the end of the period were ¥558,030,306.80, slightly up from ¥543,803,604.16 at the beginning of the year[18] - The cash and cash equivalents at the end of the period amount to CNY 553,989,196.23, an increase from CNY 449,258,622.83 at the end of the previous period[39] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,393,256,498.05, a 3.07% increase from ¥1,351,810,131.26 at the end of the previous year[5] - Total assets increased to ¥1,393,256,498.05 from ¥1,351,810,131.26, reflecting a growth of 3.1%[21] - Total liabilities rose to ¥171,880,975.81, up from ¥153,461,988.68, representing an increase of 12.0%[24] - Non-current assets totaled ¥295,797,692.97, down from ¥346,188,971.20, indicating a decrease of 14.5%[21] Shareholder Equity and Earnings - Shareholders' equity attributable to the parent company was ¥1,208,124,457.91, up 1.99% from ¥1,184,586,617.52 at the end of the previous year[5] - The company's equity attributable to shareholders increased to ¥1,208,124,457.91 from ¥1,184,586,617.52, a growth of 2.0%[24] - The basic earnings per share for the period was ¥0.1055, an increase of 10.01% from ¥0.0959 in the same period last year[5] - Basic and diluted earnings per share for the current period are both CNY 0.1055, up from CNY 0.0959 in the previous period[32] - The weighted average return on equity was 1.97%, up from 1.77% year-on-year[5] Expenses and Financial Impact - Total operating costs amounted to ¥151,330,288.86, up from ¥137,274,323.43, reflecting a year-over-year increase of 10.2%[25] - The company reported a significant increase in financial expenses by 138.42%, attributed to reduced investment income and foreign exchange losses[9] - Research and development expenses increased to CNY 10,276,349.53, up 22.7% from CNY 8,378,045.58 in the previous period[28] Government Support - The company received government subsidies amounting to ¥2,226,192.15, which are closely related to its normal business operations[6] Other Information - The company reported a net profit margin improvement, with net income figures to be detailed in future reports[25] - The first quarter report of Shenzhen Taicheng Communication Co., Ltd. is unaudited[40]