TMT(SH:600458)2022-04-29 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥3,800,718,533.72, representing a year-on-year increase of 0.38%[6] - The net profit attributable to shareholders was ¥77,133,421.62, with a year-on-year increase of 0.63%[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥47,017,162.00, showing a decrease of 27.54% compared to the same period last year[6] - Total operating revenue for Q1 2022 was approximately $3.80 billion, a slight increase from $3.79 billion in Q1 2021, representing a growth of 0.4%[29] - Net profit for Q1 2022 was approximately $83.51 million, compared to $80.55 million in Q1 2021, reflecting a growth of 2.4%[31] - The company's net profit for Q1 2022 was ¥87,628,333.05, a decrease of 21.6% from ¥111,814,190.80 in Q1 2021[49] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥16,505,456,943.80, an increase of 1.28% from the end of the previous year[8] - The total assets reported were approximately $16.51 billion, up from $16.30 billion, reflecting an increase of 1.3%[25] - The total assets amounted to ¥12,803,085,205.78, down from ¥13,048,293,682.21 in the previous period[44] - The total liabilities increased to approximately $11.44 billion in the latest report from $11.31 billion in the previous year, marking an increase of 1.1%[25] - The total liabilities decreased to ¥7,742,264,311.87 from ¥8,088,913,671.04[44] Cash Flow - The net cash flow from operating activities was negative at -¥527,877,078.71, indicating a significant cash outflow[6] - The company reported a decrease in cash and cash equivalents to CNY 2,072,040,581.68 from CNY 2,109,892,976.09[20] - The company's cash flow from operating activities was ¥1,852,040,171.01, a decline from ¥2,103,170,881.61 in the same period last year[49] - Net cash flow from operating activities was negative at -$572.42 million, worsening from -$80.70 million year-over-year[52] Equity and Shareholder Information - The equity attributable to shareholders increased to ¥4,911,791,701.43, reflecting a growth of 1.48% year-on-year[8] - The total equity increased to approximately $5.07 billion from $4.99 billion, representing a growth of 1.6%[25] - The number of ordinary shareholders at the end of the reporting period was 40,168[14] - Basic and diluted earnings per share remained stable at CNY 0.10, unchanged from the previous year[34] Expenses and Costs - Total operating costs for Q1 2022 were approximately $3.71 billion, up from $3.67 billion in Q1 2021, indicating an increase of 1.2%[29] - Research and development expenses for Q1 2022 were approximately $149.03 million, down from $169.71 million in Q1 2021, showing a decrease of 12.2%[30] - The company reported a decrease in sales expenses to approximately $103.69 million from $140.89 million, a reduction of 26.4%[30] - The company's financial expenses decreased significantly to approximately $2.67 million from $19.87 million, a drop of 86.6%[30] - Research and development expenses for Q1 2022 were ¥45,484,899.20, down from ¥63,372,058.87 in Q1 2021, indicating a reduction of 28.2%[46] Other Financial Metrics - The weighted average return on net assets was 1.58%, an increase of 0.04 percentage points compared to the previous year[8] - The gross profit margin for Q1 2022 was approximately 12.1%, down from the previous year's margin[46] - The comprehensive income for Q1 2022 was approximately $66.86 million, compared to $64.66 million in Q1 2021, indicating an increase of 3.4%[31] - The total comprehensive income attributable to the parent company was CNY 60,729,672.34, slightly down from CNY 60,763,521.87 in the previous year[34] Inventory and Receivables - Current assets totaled CNY 11,450,623,171.08, compared to CNY 11,223,226,641.96 in the previous year[20] - Accounts receivable increased significantly to CNY 3,762,224,136.01 from CNY 2,257,504,052.32 year-over-year[20] - Inventory decreased to CNY 2,543,740,534.22 from CNY 2,875,664,884.40[20] - The company’s inventory decreased to CNY 1,289,626,959.21 from CNY 1,638,826,621.92 year-over-year[41] Investment Activities - The company reported a total cash inflow from investment activities of CNY 371,068,664.11, down from CNY 401,946,498.91 year-over-year[37] - Investment activities generated a net cash flow of $298.55 million, a significant improvement from -$17.86 million in the previous year[52] - Cash paid for investments was $50 million, significantly lower than $400 million in the previous year[52] Government Subsidies - The company received government subsidies related to assets, contributing to an increase in deferred income[13]