TFE(SH:600237)2025-04-18 07:55Financial Performance - The company's operating revenue for Q1 2025 was CNY 364,729,652.99, representing a 16.72% increase compared to CNY 312,490,219.24 in the same period last year[4]. - Net profit attributable to shareholders was CNY 27,211,388.99, up 12.53% from CNY 24,182,234.82 year-on-year[4]. - Basic and diluted earnings per share increased to CNY 0.04314, reflecting an 11.13% growth from CNY 0.03882 in the prior year[4]. - Net profit for Q1 2025 was CNY 28,587,879.57, representing a 17.5% increase from CNY 24,279,355.23 in Q1 2024[18]. - The total comprehensive income for the period reached CNY 28,473,355.74, an increase from CNY 24,279,355.23 in the previous year, representing a growth of approximately 17.5%[19]. Cash Flow - The net cash flow from operating activities improved significantly, reaching CNY 8,131,508.37, a 138.07% increase compared to a negative cash flow of CNY -21,360,913.41 in the previous year[4][7]. - The net cash flow from investing activities was -CNY 134,085,028.11, worsening from -CNY 63,699,387.80 in the previous year, reflecting increased investment expenditures[22]. - The net cash flow from financing activities was CNY 87,871,118.27, a significant increase from CNY 4,469,621.14 in the prior year, indicating improved financing conditions[23]. - The cash received from other operating activities was CNY 2,313,885.33, up from CNY 1,209,106.19, reflecting a growth of approximately 91.5%[22]. - The company received CNY 162,000,000.00 in borrowings during the quarter, compared to CNY 83,900,000.00 in the same period last year, showing a 93% increase in financing through loans[22]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,478,094,315.26, a 2.47% increase from CNY 2,418,302,789.42 at the end of the previous year[5]. - The company's total liabilities increased to CNY 583,897,950.64 as of March 31, 2025, compared to CNY 522,457,648.83 at the end of 2024, reflecting a rise of 11.8%[15]. - Current assets totaled CNY 1,559,256,020.58 as of March 31, 2025, an increase from CNY 1,490,113,156.94 at the end of 2024, marking a growth of 4.6%[14]. - The cash and cash equivalents decreased to CNY 417,272,680.31 from CNY 457,962,255.35, a decline of 8.9%[13]. - The total cash and cash equivalents at the end of the period were CNY 397,752,347.47, down from CNY 422,145,247.54, indicating a decrease of about 5.8%[23]. Shareholder Information - The company had a total of 49,507 common shareholders at the end of the reporting period[9]. - The largest shareholder, Tongling Zhongxu Industrial Investment Co., Ltd., held 20.49% of the shares, amounting to 129,234,256 shares[10]. - Shareholders' equity attributable to the parent company rose to CNY 1,864,765,205.05, marking a 2.31% increase from CNY 1,822,601,629.73[5]. - The company’s equity attributable to shareholders increased to CNY 1,864,765,205.05 from CNY 1,822,601,629.73, a growth of 2.3%[16]. Operating Costs and Expenses - Operating costs for Q1 2025 were CNY 334,199,891.21, up from CNY 287,555,477.98 in Q1 2024, reflecting a growth of 16.2%[17]. - Research and development expenses for Q1 2025 were CNY 12,888,537.67, slightly down from CNY 13,899,214.20 in Q1 2024, a decrease of 7.3%[18]. - The company reported a decrease in cash paid to employees, totaling CNY 70,296,526.75, compared to CNY 59,951,809.49 in the previous year, indicating a rise of about 17.1% in employee-related expenses[22]. Non-Recurring Items - Non-recurring gains and losses totaled CNY 2,932,694.48 for the period, with significant contributions from government subsidies and asset disposals[6]. - The weighted average return on equity increased by 0.47 percentage points to 1.88% from 1.41%[4].