TDG(SH:600330)2023-04-25 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥907,172,069.63, representing a decrease of 5.89% compared to the same period last year[6]. - The net profit attributable to shareholders for Q1 2023 was ¥86,860,257.09, down 20.75% year-on-year[6]. - Basic and diluted earnings per share for Q1 2023 were both ¥0.070, reflecting a decline of 36.36% compared to the previous year[6]. - Operating profit for Q1 2023 was CNY 98,497,315.74, a decline of 21% from CNY 124,607,572.82 in Q1 2022[17]. - Net profit for Q1 2023 was CNY 98,781,128.68, compared to CNY 124,255,321.85 in Q1 2022, reflecting a decrease of 20.5%[17]. - Net profit for Q1 2023 was ¥89,105,771.38, a decrease of 20% compared to ¥111,189,019.28 in Q1 2022[18]. - Total revenue from sales and services received in Q1 2023 was ¥834,557,385.06, down 9.7% from ¥924,340,656.08 in Q1 2022[20]. Cash Flow - The net cash flow from operating activities decreased significantly by 68.04%, amounting to ¥27,725,963.81, primarily due to a reduction in cash received from sales[6][8]. - Cash flow from operating activities for Q1 2023 was ¥27,725,963.81, a significant decrease of 68% from ¥86,743,852.41 in Q1 2022[20]. - The company’s cash outflow from operating activities was ¥887,716,263.95 in Q1 2023, an increase from ¥874,753,111.98 in Q1 2022[20]. - The cash flow from sales of goods and services decreased by 33.1% year-over-year, from CNY 477,046,287.77 to CNY 319,607,058.97[27]. - The net cash flow from operating activities turned positive at CNY 49,626,724.20, compared to a negative CNY 43,362,690.06 in the same period last year[27]. Assets and Liabilities - The total assets at the end of Q1 2023 were ¥11,004,083,405.33, an increase of 1.07% from the end of the previous year[7]. - Total assets as of March 31, 2023, were CNY 11,004,083,405.33, an increase from CNY 10,887,051,766.82 at the end of 2022[15]. - Total liabilities decreased to CNY 2,998,481,471.11 from CNY 3,054,821,621.99, a decline of 1.8%[15]. - Total liabilities for Q1 2023 were CNY 1.00 billion, compared to CNY 910.60 million in Q1 2022, marking an increase of 9.6%[24]. - Shareholders' equity increased to CNY 8,005,601,934.22 from CNY 7,832,230,144.83, reflecting a growth of 2.2%[15]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 83,568[10]. - The largest shareholder, Tiantong High-tech Group Co., Ltd., held 10.50% of the shares, with a total of 129,561,810 shares[11]. Government Subsidies - The company received government subsidies amounting to ¥11,215,444.16 during the quarter, which are related to normal business operations[8]. Inventory and Receivables - Accounts receivable decreased to CNY 1,864,357,765.20 from CNY 2,016,694,040.89, a reduction of approximately 7.5%[14]. - Inventory increased to CNY 1,345,666,838.71, up from CNY 1,229,187,000.72, representing a growth of 9.5%[14]. - The company’s inventory increased to ¥324,981,517.04 as of March 31, 2023, compared to ¥310,823,212.10 at the end of 2022[22]. Research and Development - Research and development expenses for Q1 2023 were CNY 18.99 million, down 43.5% from CNY 33.56 million in Q1 2022[25]. Other Comprehensive Income - Other comprehensive income for Q1 2023 was CNY 76.03 million, a recovery from a loss of CNY 105.92 million in Q1 2022[26].