TFE(SH:600237)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 261,148,260.75, representing a year-on-year increase of 4.66%[5] - The net profit attributable to shareholders for the same period was CNY 22,296,180.31, up by 6.06% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 21,544,238.77, reflecting a growth of 13.30% year-on-year[5] - The basic and diluted earnings per share for Q1 2023 were both CNY 0.03951, marking a 6.06% increase year-on-year[5] - Net profit for Q1 2023 reached CNY 21,124,860.26, compared to CNY 20,768,120.82 in Q1 2022, indicating a growth of 1.7%[17] - Basic and diluted earnings per share for Q1 2023 were CNY 0.03951, up from CNY 0.03725 in Q1 2022, representing a 6.1% increase[17] Cash Flow - The net cash flow from operating activities was negative at CNY -25,891,562.87, which is a decline of 18.16% compared to the same period last year[5] - In Q1 2023, the net cash flow from operating activities was -$25.89 million, an improvement from -$31.64 million in Q1 2022, representing a 18.5% reduction in losses[19] - Total cash inflow from operating activities was $190.79 million, compared to $186.14 million in Q1 2022, showing a 2.0% increase[19] - Cash outflow from operating activities decreased to $216.68 million from $217.77 million year-over-year, indicating a 0.5% reduction[19] - Cash received from other operating activities decreased significantly to $431.71 thousand from $2.80 million, a decline of 84.6%[19] - The company paid $54.12 million in employee compensation, an increase from $48.33 million, reflecting a 12.0% rise[19] - Tax payments increased to $35.23 million from $24.77 million, a significant increase of 42.2%[19] Assets and Liabilities - The total assets as of March 31, 2023, amounted to CNY 1,940,654,520.89, showing a slight increase of 0.84% from the end of the previous year[6] - The equity attributable to shareholders was CNY 1,246,478,213.80, which is an increase of 1.82% from the end of the previous year[6] - Total assets as of Q1 2023 amounted to CNY 1,940,654,520.89, compared to CNY 1,924,529,260.86 at the end of Q1 2022[13] - Total liabilities for Q1 2023 were CNY 633,558,996.78, slightly down from CNY 638,558,597.01 in Q1 2022[13] - The company's equity attributable to shareholders increased to CNY 1,246,478,213.80 in Q1 2023 from CNY 1,224,182,033.49 in Q1 2022, a rise of 1.8%[13] Research and Development - R&D expenses for Q1 2023 were CNY 10,906,648.65, significantly higher than CNY 6,471,920.25 in Q1 2022, marking a 68.5% increase[16] - The company continues to focus on market expansion and new product development, as indicated by the increase in R&D spending[16] Non-Recurring Gains - The company reported non-recurring gains of CNY 751,941.54 for the quarter, after accounting for tax and minority interests[7]