TJRD(SH:600322)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 reached ¥1,716,624,897.57, representing an increase of 841.61% compared to the same period last year[4]. - The net profit attributable to shareholders of the listed company was -¥140,510,856.16, a decrease of 32.88% year-on-year[4]. - The basic and diluted earnings per share were both -¥0.1271, reflecting a decrease of 32.86% year-on-year[4]. - In Q1 2023, the company reported a net loss of CNY 108,394,319.69, compared to a net loss of CNY 202,449,136.83 in Q1 2022, representing a 46.5% improvement year-over-year[18]. - The total profit for Q1 2023 was reported at a loss of CNY 75,895,354.55, an improvement from a loss of CNY 196,897,504.51 in Q1 2022, marking a 61.4% reduction in losses[18]. - The company’s basic and diluted earnings per share for Q1 2023 were both CNY -0.1271, compared to CNY -0.1893 in Q1 2022, indicating a 32.8% improvement[19]. Cash Flow and Liquidity - The net cash flow from operating activities was ¥228,478,782.69, showing a significant increase of 1,655.44% compared to the previous year[4]. - The company achieved a cash flow from operating activities of CNY 228,478,782.69 in Q1 2023, a turnaround from a negative cash flow of CNY 14,689,030.78 in the same period last year[21]. - Cash and cash equivalents at the end of Q1 2023 totaled CNY 298,798,809.70, compared to CNY 398,946,706.58 at the end of Q1 2022, a decrease of 25.1%[21]. - The cash and cash equivalents as of March 31, 2023, were CNY 306,858,286.70, up from CNY 181,595,032.13 at the end of 2022, reflecting a growth of approximately 68.9%[14]. - The company raised CNY 158,600,000.00 through financing activities in Q1 2023, down from CNY 219,900,000.00 in Q1 2022, reflecting a decrease of 28.0%[21]. Assets and Liabilities - Total assets at the end of the reporting period were ¥15,740,858,513.68, down 4.92% from the end of the previous year[4]. - The total assets as of March 31, 2023, were CNY 15,740,858,513.68, down from CNY 16,556,183,565.85 at the end of 2022, a decrease of about 4.9%[16]. - The total liabilities decreased to CNY 15,102,558,979.95 from CNY 15,809,489,712.43, indicating a reduction of approximately 4.5%[16]. - The equity attributable to shareholders of the listed company decreased by 72.38% to ¥53,628,939.56[5]. - The equity attributable to shareholders decreased to CNY 53,628,939.56 from CNY 194,139,795.72, a decline of about 72.4%[16]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 67,599[10]. - The top shareholder, Tianjin State-owned Capital Investment Operation Co., Ltd., holds 16.42% of the shares, totaling 181,537,240 shares[10]. - The second largest shareholder, Tianjin Real Estate Group, had 109,000,000 shares frozen, representing 9.86% of the total share capital[12]. - A judicial auction resulted in the sale of 40,622,450 shares from Tianjin Real Estate Group, reducing its ownership from 13.53% to 9.86%[12]. Operating Costs and Expenses - The total operating costs for Q1 2023 amounted to CNY 1,806,200,241.01, compared to CNY 375,148,240.97 in Q1 2022, indicating an increase of about 381.5%[17]. - Sales expenses for Q1 2023 were CNY 96,920,930.41, compared to CNY 21,079,662.93 in Q1 2022, reflecting a substantial increase of 359.5%[18]. - The company incurred financial expenses of CNY 142,881,243.49 in Q1 2023, down from CNY 171,456,533.40 in Q1 2022, showing a decrease of 16.7%[18]. - The company’s total operating expenses in Q1 2023 were CNY 721,345,040.93, compared to CNY 541,138,980.53 in Q1 2022, representing an increase of 33.3%[21].