TYHI(SH:600169)2023-04-26 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,945,457,283.02, representing a year-on-year increase of 4.29%[6] - The net profit attributable to shareholders was CNY 36,091,197.98, reflecting a growth of 4.08% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 3,621,701.04, showing a significant decrease of 80.76%[6] - The net cash flow from operating activities was CNY 79,653,724.24, which increased by 11.50% year-on-year[6] - Total operating revenue for Q1 2023 was CNY 1,945,457,283.02, an increase of 4.3% compared to CNY 1,865,344,747.98 in Q1 2022[17] - Net profit for Q1 2023 was CNY 39,003,605.89, a decrease from CNY 41,717,185.13 in Q1 2022, representing a decline of 4.1%[18] - The total comprehensive income for Q1 2023 was CNY 38,817,003.41, down from CNY 40,687,734.89 in Q1 2022[18] Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 32,021,891,370.79, up 1.38% from the end of the previous year[7] - The company's current assets totaled CNY 23,140,106,056.08, up from CNY 22,709,076,936.63, indicating an increase of about 1.89%[14] - Total liabilities as of March 31, 2023, amounted to CNY 25,586,027,447.65, an increase from CNY 25,196,750,027.38 at the end of 2022[16] - The total liabilities stood at CNY 23,140,106,056.08, indicating a stable financial position[14] Shareholder Equity - The equity attributable to shareholders was CNY 5,129,639,879.57, an increase of 0.85% compared to the previous year-end[7] - Total equity attributable to shareholders was CNY 5,129,639,879.57 as of March 31, 2023, up from CNY 5,086,533,122.93 at the end of 2022[16] Cash Flow - In Q1 2023, the company reported cash inflows from operating activities of CNY 1,839,700,641.10, slightly down from CNY 1,843,085,115.78 in Q1 2022[19] - The net cash flow from operating activities increased to CNY 79,653,724.24, compared to CNY 71,435,673.37 in the same period last year, representing a growth of approximately 11.5%[19] - The company experienced a net cash outflow from investing activities of CNY 15,029,783.10, an improvement from a net outflow of CNY 106,795,872.31 in Q1 2022[20] - Cash inflows from financing activities totaled CNY 3,921,000,000.00, a substantial increase from CNY 2,258,650,000.00 in the previous year, marking a growth of approximately 73.7%[20] - The net cash flow from financing activities was CNY 325,500,029.15, recovering from a net outflow of CNY 16,921,197.52 in Q1 2022[20] Expenses and Investments - Total operating costs for Q1 2023 were CNY 1,921,306,411.91, up from CNY 1,829,607,675.04 in Q1 2022, reflecting a year-over-year increase of 5.0%[17] - Research and development expenses for Q1 2023 were CNY 54,769,763.07, compared to CNY 49,337,794.89 in Q1 2022, reflecting an increase of 11.0%[17] - The company reported a significant increase in development expenditures, rising to CNY 705,127,560.76 from CNY 558,699,691.80, an increase of approximately 26.2%[14] Other Financial Metrics - The company reported a decrease in credit impairment losses to CNY -7,281,599.72 in Q1 2023 from CNY -11,469,783.90 in Q1 2022, indicating improved asset quality[18] - The company received government subsidies amounting to CNY 26,202,585.79, which are closely related to its normal business operations[7] - The company reported a decrease in tax refunds received, which amounted to CNY 12,857,393.89 in Q1 2023, compared to CNY 2,168,737.97 in Q1 2022[19] - Employee compensation payments increased to CNY 260,417,338.30, up from CNY 218,656,426.89 in the same quarter last year, indicating a rise of approximately 19.1%[19] Market Strategy - The company is focusing on expanding its market presence and enhancing its product development capabilities to drive future growth[12]