TANDE(SH:600665)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 reached CNY 3,190,805,892.94, representing a significant increase of 783.67% compared to the same period last year[4] - Total operating revenue for Q1 2023 reached ¥3,190,805,892.94, a significant increase from ¥361,087,588.01 in Q1 2022, representing a growth of approximately 786.5%[16] - Operating profit for Q1 2023 was ¥89,364,450.53, a turnaround from a loss of ¥37,025,877.59 in Q1 2022[16] - Net profit for Q1 2023 amounted to ¥30,813,200.35, compared to a loss of ¥29,544,464.93 in Q1 2022, marking a substantial improvement[16] - The net profit attributable to shareholders of the listed company was CNY 15,723,981.81, with a net profit excluding non-recurring gains and losses of CNY 16,167,728.60[4] - The net profit for Q1 2023 was ¥30,813,404.35, a significant improvement from a net loss of ¥29,544,464.93 in Q1 2022[17] - The net profit attributable to shareholders of the parent company was ¥15,723,981.81, compared to a loss of ¥26,944,838.32 in the same period last year[17] Cash Flow - The net cash flow from operating activities was negative at CNY -1,770,034,033.92, primarily due to increased land payment expenditures compared to the previous year[6] - The net cash flow from operating activities was -¥1,770,034,033.92, contrasting with a positive cash flow of ¥56,922,529.04 in Q1 2022[20] - Operating cash inflow for Q1 2023 was ¥2,316,353,495.56, down from ¥2,540,416,766.65 in Q1 2022, reflecting a decrease of approximately 8.84%[19] - The company incurred cash outflows for operating activities totaling ¥4,086,387,529.48, which is an increase from ¥2,483,494,237.61 in Q1 2022[20] - The company reported a total cash inflow from financing activities of ¥1,445,840,700.00, compared to ¥1,603,250,000.00 in Q1 2022[21] - The net cash flow from financing activities was ¥898,549,922.05, a recovery from a net outflow of -¥1,378,051,441.08 in the previous year[21] - The company received tax refunds amounting to ¥3,819,918.46 during the quarter, contributing to its cash flow[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 39,400,678,322.09, a decrease of 2.25% from the end of the previous year[5] - Total assets as of March 31, 2023, were ¥39,400,678,322.09, down from ¥40,308,112,494.37 at the end of 2022[12] - Total liabilities decreased to ¥34,241,839,763.83 from ¥35,180,050,876.29, reflecting a reduction of approximately 2.7%[13] - Cash and cash equivalents decreased to ¥4,761,550,721.15 from ¥5,575,224,791.15, a decline of about 14.6%[12] - Accounts receivable fell to ¥48,974,107.81 from ¥65,905,596.15, a decrease of approximately 25.7%[12] - Inventory increased to ¥29,427,571,056.46 from ¥28,891,597,275.62, showing a growth of about 1.9%[12] - Other payables rose to ¥2,673,622,592.23 from ¥2,565,129,653.17, an increase of approximately 4.2%[13] Shareholder Information - The basic and diluted earnings per share were both CNY 0.0182[4] - The basic and diluted earnings per share for Q1 2023 were both ¥0.0182, compared to a loss of ¥0.0312 per share in Q1 2022[17] - The total number of ordinary shareholders at the end of the reporting period was 35,836[8] - The weighted average return on net assets was 0.36%[4] - The company reported government subsidies recognized in the current period amounting to CNY 216,729.65[6] - The company completed the handover of construction projects, contributing to the significant increase in operating revenue[6]