Tstc(SH:600552)2022-04-25 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥1,311,580,013.86, representing a decrease of 19.18% compared to the same period last year[5] - Net profit attributable to shareholders of the listed company was ¥25,339,235.23, an increase of 57.41% year-on-year[5] - Basic earnings per share were ¥0.0332, up by 57.35% year-on-year[5] - The total profit increased by 38.88% due to improved operating profit, which was driven by reduced R&D and sales expenses[10] - The net profit for the first quarter of 2022 was CNY 44,549,309.76, an increase of 51.5% compared to CNY 29,401,434.77 in the same period of 2021[27] - The total profit for the first quarter was CNY 55,531,432.34, an increase of 39.0% from CNY 39,985,588.49 in the previous year[27] Cash Flow and Liquidity - The net cash flow from operating activities reached ¥104,847,657.92, reflecting a significant increase of 64.27% compared to the previous year[5] - The cash flow from operating activities showed a net increase of CNY 104,847,657.92, compared to CNY 63,824,618.21 in the previous year, reflecting a growth of 64.4%[30] - The company incurred a net cash outflow from financing activities of CNY -248,394,447.63, compared to a net inflow of CNY 34,129,641.54 in the same quarter last year[30] - The company’s investment activities resulted in a net cash outflow of CNY -41,427,050.46, compared to CNY -65,186,533.30 in the same period last year[30] - Cash and cash equivalents as of March 31, 2022, were CNY 454,331,827.57, down from CNY 639,884,318.18 at the end of 2021[21] - Accounts receivable increased to CNY 1,196,371,548.33 in Q1 2022 from CNY 1,163,012,693.95 at the end of 2021, suggesting potential liquidity concerns[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥7,272,307,139.07, a decrease of 1.44% from the end of the previous year[8] - Total assets decreased to CNY 7,272,307,139.07 as of March 31, 2022, compared to CNY 7,378,590,757.47 at the end of 2021[23] - Total liabilities decreased to CNY 4,262,620,609.29 in Q1 2022 from CNY 4,422,453,537.45 at the end of 2021, indicating improved debt management[23] - The company maintains a strong equity position with total equity of CNY 3,009,686,529.78 as of March 31, 2022[23] Operational Efficiency - Total operating costs for Q1 2022 were CNY 1,269,166,100.70, down from CNY 1,592,285,022.39 in Q1 2021, reflecting a cost reduction strategy[24] - Research and development expenses decreased to CNY 53,023,034.60 in Q1 2022 from CNY 74,129,504.55 in Q1 2021, indicating a focus on efficiency[24] - The company reported a net profit margin decline due to increased operating costs and reduced revenue[24] - The company is focusing on market expansion and efficiency improvements in response to the current economic environment[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 34,753[14] - Non-recurring gains and losses included government subsidies amounting to ¥13,087,660.77, which are closely related to the company's normal business operations[8]