Tuopu Group(SH:601689)2023-04-21 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 4,468,569,793.40, representing a year-on-year increase of 19.32%[4] - The net profit attributable to shareholders for Q1 2023 was CNY 450,206,774.38, reflecting a growth of 16.67% compared to the same period last year[4] - The basic earnings per share for Q1 2023 was CNY 0.41, up by 17.14% from the previous year[4] - Total operating revenue for Q1 2023 reached RMB 4,468,569,793.40, a 19.4% increase from RMB 3,745,011,017.28 in Q1 2022[20] - Net profit for Q1 2023 was RMB 453,926,608.08, representing a 13.7% increase compared to RMB 399,477,510.34 in Q1 2022[20] - Operating profit for Q1 2023 was RMB 552,466,614.38, an increase from RMB 468,568,427.49 in Q1 2022[20] - Total profit for Q1 2023 amounted to RMB 544,874,833.09, compared to RMB 467,863,450.53 in the same quarter last year[20] - The company reported a total comprehensive income of RMB 454,621,370.82 for Q1 2023, compared to RMB 401,700,872.64 in Q1 2022[21] Cash Flow - The net cash flow from operating activities reached CNY 679,210,826.78, showing a significant increase of 75.47% year-on-year[4] - The net cash flow from operating activities for Q1 2023 was ¥679,210,826.78, an increase of 75.5% compared to ¥387,085,581.99 in Q1 2022[22] - Total cash inflow from operating activities reached ¥5,111,944,775.65, up from ¥4,310,797,577.16, reflecting a growth of 18.6% year-over-year[22] - Cash outflow for operating activities was ¥4,432,733,948.87, compared to ¥3,923,711,995.17 in the previous year, marking an increase of 13.0%[22] - The net cash flow from investing activities was -¥667,591,886.44, an improvement from -¥846,714,214.07 in Q1 2022[22] - Cash inflow from investment activities totaled ¥301,222,560.83, significantly higher than ¥104,745,911.34 in the same period last year[22] - The net cash flow from financing activities was ¥397,343,998.13, a decrease of 54.4% compared to ¥871,332,406.23 in Q1 2022[23] Assets and Liabilities - The total assets at the end of Q1 2023 amounted to CNY 27,921,548,764.40, a slight increase of 1.50% from the end of the previous year[5] - The company's total liabilities amounted to CNY 15,306,915,171.08, a slight decrease from CNY 15,350,226,682.14, indicating a reduction of approximately 0.3%[18] - The company's long-term borrowings were CNY 2,784,616,440.82, down from CNY 2,825,000,000.00, reflecting a decrease of approximately 1.4%[18] - Total current liabilities were CNY 9,579,473,511.36, slightly down from CNY 9,620,651,340.69, showing a decrease of about 0.4%[18] - The total equity attributable to shareholders increased to CNY 12,580,400,475.56 from CNY 12,129,379,340.29, representing a growth of about 3.7%[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 33,057[10] - The largest shareholder, Maike International Holdings (Hong Kong) Limited, holds 62.94% of the shares and has pledged 200 million shares[12] Research and Development - Research and development expenses increased by 39.99% due to intensified innovation efforts and increased investment in R&D[9] - Research and development expenses rose to RMB 212,832,954.53, a 40% increase from RMB 152,036,225.15 in Q1 2022[20] Accounts Receivable and Inventory - The company reported a significant increase in accounts receivable by 54.94%, primarily due to increased sales revenue[9] - Accounts receivable stood at CNY 4,130,716,118.29, a slight decrease from CNY 4,347,460,987.76, indicating a reduction of approximately 5.0%[16] - The company's inventory decreased to CNY 2,788,060,926.42 from CNY 3,255,860,915.66, marking a decline of around 14.4%[16] Financial Expenses - The company reported financial expenses of CNY 21,054,942.90 for the first quarter of 2023, with actual interest expenses of CNY 1,232,713.68[15]