TDG(SH:600330)2025-04-28 10:55Financial Performance - The company's operating revenue for Q1 2025 was ¥714.41 million, a decrease of 15.39% compared to ¥844.39 million in the same period last year[5] - Net profit attributable to shareholders increased by 8.18% to ¥47.96 million from ¥44.33 million year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 95.38% to ¥1.93 million, primarily due to delays in orders in the specialized equipment manufacturing and installation sector[5] - The net profit for Q1 2025 was CNY 48,119,469.49, an increase from CNY 44,571,297.24 in Q1 2024, representing a growth of approximately 12.3%[18] - Operating profit for Q1 2025 was CNY 47,219,149.27, slightly down from CNY 49,334,400.40 in Q1 2024, indicating a decrease of about 4.3%[18] - The company reported a net profit margin decline due to increased operating costs and reduced revenue, impacting overall profitability[16] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly, with a net inflow of ¥12.48 million, an increase of 83.56% compared to a net outflow of ¥75.92 million in the previous year[5] - The cash flow from operating activities for Q1 2025 was negative at CNY -12,478,446.94, an improvement from CNY -75,916,202.35 in Q1 2024[21] - Cash flow from operating activities for Q1 2025 was ¥40,180,233.23, a recovery from a negative cash flow of ¥224,703,376.12 in Q1 2024[28] - The total cash and cash equivalents at the end of Q1 2025 were CNY 1,867,418,924.80, down from CNY 2,454,693,018.05 at the end of Q1 2024[21] - Cash and cash equivalents decreased to CNY 2,105,833,097.58 as of March 31, 2025, from CNY 2,316,370,534.66 at the end of 2024, a decline of 9.1%[12] Assets and Liabilities - Total assets at the end of the reporting period were ¥11.52 billion, a decrease of 1.07% from ¥11.64 billion at the end of the previous year[6] - Current assets totaled CNY 5,675,795,403.33 as of March 31, 2025, down from CNY 5,912,383,213.59 at the end of 2024, a decline of 4%[12] - Non-current assets increased to CNY 5,844,421,118.81 as of March 31, 2025, compared to CNY 5,732,295,130.57 at the end of 2024, an increase of 2%[13] - Total liabilities were CNY 3,453,726,499.53 as of March 31, 2025, compared to CNY 3,576,210,614.84 at the end of 2024, a reduction of 3.4%[14] - The total equity decreased to ¥6,443,797,245.34 as of March 31, 2025, from ¥6,448,463,801.43 at the end of 2024, indicating a slight reduction in shareholder value[25] Shareholder Information - Shareholders' equity attributable to shareholders increased by 0.61% to ¥8.03 billion from ¥7.98 billion year-on-year[6] - As of March 31, 2025, the company had repurchased 16,513,620 shares, accounting for 1.34% of the total share capital[10] Research and Development - Research and development expenses rose to CNY 62,906,541.13 in Q1 2025, up from CNY 58,321,932.07 in Q1 2024, marking an increase of about 7.5%[18] - Research and development expenses for Q1 2025 were ¥20,324,705.15, slightly up from ¥20,057,752.38 in Q1 2024, indicating continued investment in innovation[26] Investment Activities - Investment activities resulted in a net cash outflow of CNY -325,002,153.06 in Q1 2025, compared to CNY -252,688,756.44 in Q1 2024, indicating increased investment activity[21] - Cash paid for investments totaled $59,900,000.00, indicating a strategic focus on asset acquisition[29] Other Financial Metrics - Basic and diluted earnings per share rose by 8.33% to ¥0.039 from ¥0.036 year-on-year[5] - The weighted average return on net assets increased by 0.05 percentage points to 0.60%[5] - The company reported non-recurring gains of ¥46.03 million, primarily from government subsidies and the disposal of non-current assets[7] - The total comprehensive income for Q1 2025 was CNY 51,024,462.28, significantly higher than CNY 13,402,374.39 in Q1 2024[18] - The company distributed dividends and interest payments totaling $352,413.06 during the reporting period[29] Accounting Standards - The financial report indicates that the company will not apply new accounting standards starting from 2025[29]