TMT(SH:600458)2023-04-25 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 4,014,133,557.96, representing a year-on-year increase of 5.62%[5] - The net profit attributable to shareholders was CNY 108,351,036.93, reflecting a significant increase of 40.47% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 85,330,492.60, which is an increase of 81.49% year-on-year[5] - Basic earnings per share for the period was CNY 0.13, up by 30.00% from the previous year[6] - Operating profit for Q1 2023 was CNY 116,850,485.75, up from CNY 103,041,663.73 in Q1 2022, reflecting a growth of 13.5%[17] - The total comprehensive income for Q1 2023 was CNY 107,092,070.61, up from CNY 66,858,378.71 in Q1 2022, reflecting a growth of 60.1%[18] - The company reported a total comprehensive income of CNY 146,052,808.49 for Q1 2023, compared to CNY 90,761,812.16 in Q1 2022, marking an increase of 60.73%[29] Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 17,468,109,770.70, a 1.22% increase from the end of the previous year[6] - The company's total assets as of March 31, 2023, were 12,895,509,050.35 RMB, slightly down from 12,928,843,926.09 RMB at the end of 2022[24] - The total liabilities increased to CNY 11,031,813,792.70 in Q1 2023, compared to CNY 10,928,491,110.00 in Q1 2022, marking a rise of 0.9%[17] - The company's total liabilities increased to 8,095,389,489.76 RMB in Q1 2023 from 8,076,146,367.68 RMB in Q4 2022, showing a slight increase[25] - The total liabilities decreased to CNY 7,520,302,267.39 from CNY 7,699,814,367.59, reflecting a reduction of approximately 2.33%[26] Cash Flow - The company's cash flow from operating activities was negative at CNY -669,755,212.16, indicating a decrease compared to the previous year[8] - In Q1 2023, the company reported a net cash flow from operating activities of -669,755,212.16 RMB, compared to -527,877,078.71 RMB in Q1 2022, indicating a decline in operational cash flow[21] - The company's cash flow from operating activities showed a net outflow of CNY 580,941,856.37, slightly worse than the outflow of CNY 572,416,094.80 in Q1 2022[30] - The net cash flow from financing activities decreased to 155,320,740.86 RMB in Q1 2023 from 227,284,452.25 RMB in Q1 2022, a decline of about 31.7%[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 43,353[10] - The company reported a total equity of RMB 9,084,051,292.04 as of March 31, 2023, compared to RMB 8,902,077,562.81 at the end of 2022, reflecting an increase of about 2.0%[14] - The company's total equity reached CNY 6,436,295,978.00, up from CNY 6,328,548,054.76, indicating a growth of 1.7% year-over-year[17] - The company’s total equity increased to CNY 5,375,206,782.96 from CNY 5,229,029,558.50, reflecting a growth of 2.80%[26] Research and Development - Research and development expenses increased by 17.42% due to higher demand for R&D projects during the reporting period[8] - Research and development expenses for Q1 2023 were CNY 174,996,112.34, an increase of 17.4% from CNY 149,031,998.93 in Q1 2022, highlighting the company's commitment to innovation[17] - Research and development expenses increased to CNY 68,339,842.48, up 50.36% from CNY 45,484,899.20 in the same period last year[28] Inventory and Receivables - The company experienced a 51.71% increase in accounts receivable compared to the beginning of the period, primarily due to outstanding receivables[8] - Accounts receivable increased significantly to RMB 4,705,583,228.57, up from RMB 3,101,643,334.62, indicating a growth of approximately 51.7%[13] - The company's inventory rose slightly to RMB 2,653,790,636.53 from RMB 2,611,522,534.65, marking an increase of about 1.6%[13] - Accounts receivable increased significantly to 3,113,502,260.16 RMB in Q1 2023, compared to 1,835,770,877.40 RMB in Q1 2022, representing a growth of about 69.5%[24] Financial Expenses - The company reported a tax expense of CNY 38,095,633.11 for Q1 2023, compared to CNY 23,869,020.48 in Q1 2022, which is an increase of 59.7%[17] - The financial expenses decreased to CNY 9,570,644.76 from CNY 14,851,665.51, indicating a reduction of approximately 35.4%[28]