TASLY(SH:600535)2022-04-25 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 1,869,322,335.61, representing a year-on-year increase of 5.97%[4]. - The net profit attributable to shareholders of the listed company was CNY -557,187,364.10, a decrease of 272.52% compared to the same period last year[4]. - The basic earnings per share were CNY -0.3719, reflecting a decline of 273.06% year-on-year[4][8]. - Net profit for Q1 2022 was a loss of CNY 595,263,982.86, compared to a profit of CNY 322,883,716.95 in Q1 2021, indicating a significant decline[16]. - The company's total equity attributable to shareholders decreased to CNY 12,394,517,172.99 in Q1 2022 from CNY 12,981,163,570.77 in Q1 2021, a decline of 4.5%[14]. - The total profit for Q1 2022 was CNY 110,689,800.75, down 60.0% from CNY 276,123,126.23 in Q1 2021[24]. Cash Flow and Liquidity - The net cash flow from operating activities decreased by 79.68% to CNY 82,228,958.20, primarily due to lower amounts collected from bank acceptance bills[4][8]. - Cash flow from operating activities for Q1 2022 was CNY 1,937,128,728.96, down from CNY 2,343,959,642.88 in Q1 2021, a decrease of 13.0%[18]. - The net cash flow from operating activities was 82,228,958.20 CNY, a decrease of 79.7% compared to 404,701,532.75 CNY in the previous year[19]. - The company reported a cash outflow for operating activities totaling 1,992,932,049.81 CNY, down from 2,116,006,011.83 CNY in the previous year[19]. - The company's cash inflow from financing activities was 872,708,017.39 CNY, significantly higher than 441,774,580.07 CNY in the previous year[19]. - The company's financing activities generated a net cash inflow of CNY 247,702,958.29, compared to a net cash outflow of CNY -306,855,185.73 in Q1 2021[27]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 16,379,683,752.07, a decrease of 0.98% from the end of the previous year[5]. - The company's total liabilities increased to CNY 3,690,685,067.77 in Q1 2022 from CNY 3,227,836,751.68 in Q1 2021, representing a rise of 14.4%[14]. - The total current liabilities increased to RMB 2,524,321,314.13 from RMB 1,855,053,808.14, reflecting a rise of approximately 36%[13]. - The company's total assets amounted to 13,688,721,857.65 CNY, up from 13,298,876,005.35 CNY compared to the end of the previous year[22]. - The total liabilities increased to 3,135,778,916.33 CNY from 2,809,090,972.04 CNY, reflecting a rise in financial obligations[22]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 82,907[9]. - Tianjin Tianshi Holding Group Co., Ltd. held 45.33% of the shares, with 79,850,000 shares pledged[9]. - The company completed the cancellation of 4,746,699 repurchased shares, reducing the total share capital from 1,512,666,229 shares to 1,507,919,530 shares[11]. Inventory and Expenses - The company's accounts receivable decreased to RMB 1,130,366,507.04 from RMB 1,294,634,481.17, indicating a decline of about 12.7%[12]. - Inventory levels rose to RMB 1,651,843,883.11, compared to RMB 1,547,875,839.35 at the end of 2021, marking an increase of approximately 6.7%[12]. - Research and development expenses for Q1 2022 were CNY 137,167,743.59, slightly up from CNY 132,913,119.04 in Q1 2021, showing a year-over-year increase of 3.4%[15]. - The company incurred financial expenses of CNY 13,655,508.54, a decrease of 41.9% from CNY 23,491,920.68 in Q1 2021[24].