TUDI(SH:600773)2023-04-28 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥630,634,233.87, representing a year-on-year increase of 12.20%[5] - The net profit attributable to shareholders for the same period was ¥27,908,663.77, reflecting a growth of 2.02% compared to the previous year[5] - The basic earnings per share for Q1 2023 was ¥0.034, which is an increase of 3.03% from the same period last year[5] - The net profit for Q1 2023 was CNY 12,812,448.33, an increase from CNY 12,378,927.86 in Q1 2022, representing a growth of 3.5%[19] - The total comprehensive income for Q1 2023 was CNY 11,372,448.33, compared to CNY 7,418,927.86 in Q1 2022, indicating a significant increase of 53.5%[19] Cash Flow and Liquidity - The net cash flow from operating activities showed a significant decline, amounting to -¥640,987,076.36, a decrease of 210.13% year-on-year due to reduced sales receipts and increased project payments[7] - Cash inflows from operating activities totaled CNY 257,285,073.36 in Q1 2023, down from CNY 1,252,180,782.90 in Q1 2022, reflecting a decrease of 79.5%[21] - The net cash flow from operating activities was negative at CNY -640,987,076.36 in Q1 2023, compared to a positive CNY 582,034,798.26 in Q1 2022[21] - Cash and cash equivalents as of March 31, 2023, were CNY 380,125,293.74, a decrease of 34.9% from CNY 583,431,838.91 at the end of 2022[14] - Cash and cash equivalents at the end of Q1 2023 were CNY 349,791,668.29, a decrease from CNY 1,220,652,613.41 at the end of Q1 2022[22] - The company raised CNY 1,184,600,000.00 through financing activities in Q1 2023, with net cash flow from financing activities amounting to CNY 438,217,211.09[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥13,409,187,246.61, down 3.84% from the end of the previous year[6] - Total assets as of March 31, 2023, were CNY 13,409,187,246.61, a decrease of 3.8% from CNY 13,944,528,203.38 at the end of 2022[15] - Total liabilities decreased to CNY 9,704,748,233.33, down 5.3% from CNY 10,251,461,638.43 at the end of 2022[15] - Non-current liabilities increased to CNY 4,226,365,411.32, up 20.5% from CNY 3,505,760,967.99 at the end of 2022[15] - Shareholders' equity as of March 31, 2023, was CNY 3,704,439,013.28, a slight increase from CNY 3,693,066,564.95 at the end of 2022[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 77,784[9] - The largest shareholder, Shanghai Jing'an District State-owned Assets Supervision and Administration Commission, holds 391,617,705 shares, accounting for 47.78% of the total shares[10] Operating Costs and Profitability - Total operating costs for Q1 2023 were CNY 591,829,162.65, up 16.2% from CNY 509,186,240.60 in Q1 2022[18] - Operating profit for Q1 2023 decreased to CNY 40,280,852.09, down 20.3% from CNY 50,616,533.57 in Q1 2022[18] - The weighted average return on net assets was 0.74%[6] Other Comprehensive Income - Non-recurring gains and losses totaled ¥61,601.46 for the period[7] - The company reported a tax expense of CNY 27,467,232.85 in Q1 2023, down from CNY 37,882,488.07 in Q1 2022, a decrease of 27.5%[19] - Other comprehensive income after tax for Q1 2023 was CNY -1,440,000.00, an improvement from CNY -4,960,000.00 in Q1 2022[19]