TUNA(SH:603177)2023-04-27 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥210,712,594.71, representing a year-on-year increase of 5.12%[4] - The net profit attributable to shareholders of the listed company was ¥1,161,055.49, a decrease of 88.52% compared to the same period last year[4] - The basic earnings per share (EPS) was ¥0.01, reflecting a decline of 80.00% year-on-year[5] - The weighted average return on equity (ROE) decreased by 2.13 percentage points to 0.30%[5] - The company reported a significant decrease in accounts receivable by 58.78% due to reduced commercial acceptance payments during the reporting period[9] - Total operating revenue for Q1 2023 was CNY 210,712,594.71, an increase of 5.6% compared to CNY 200,458,389.98 in Q1 2022[20] - Net profit for Q1 2023 was CNY 579,289.49, a decrease of 94.1% from CNY 9,877,652.43 in Q1 2022[21] - The company reported a gross profit margin of approximately 0.14% in Q1 2023, down from 6.5% in Q1 2022[20] - Basic earnings per share for Q1 2023 were CNY 0.01, down from CNY 0.05 in Q1 2022[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,508,122,700.20, an increase of 0.91% from the end of the previous year[5] - Total assets as of the end of Q1 2023 were CNY 1,508,122,700.20, compared to CNY 1,494,495,684.34 at the end of Q1 2022[17] - Total liabilities decreased slightly to CNY 1,117,415,018.77 in Q1 2023 from CNY 1,118,065,156.50 in Q1 2022[17] - The company’s equity attributable to shareholders increased to CNY 386,167,504.76 in Q1 2023 from CNY 374,008,585.17 in Q1 2022[17] Cash Flow - The company reported a net cash flow from operating activities of -¥26,020,608.88, which is not applicable for comparison[4] - In Q1 2023, the cash inflow from operating activities was CNY 219,217,707.42, an increase of 19.3% compared to CNY 183,735,824.57 in Q1 2022[24] - The net cash flow from operating activities was -CNY 26,020,608.88, improving from -CNY 41,689,969.06 in the same period last year[24] - The cash outflow for investing activities totaled CNY 13,151,706.68, significantly reduced from CNY 69,747,284.17 in Q1 2022[25] - The net cash flow from investing activities was -CNY 12,343,692.67, an improvement from -CNY 34,140,881.77 year-over-year[25] - Cash inflow from financing activities was CNY 147,620,124.81, down from CNY 201,837,904.00 in Q1 2022[25] - The net cash flow from financing activities was CNY 3,013,158.28, a decrease from CNY 63,311,965.60 in the previous year[25] - The ending cash and cash equivalents balance was CNY 35,987,340.34, down from CNY 50,455,203.36 at the end of Q1 2022[25] - The company received CNY 2,700,000.00 from minority shareholders in Q1 2023[25] - The cash received from tax refunds was CNY 6,095,253.89, a significant increase from CNY 1,767,269.91 in Q1 2022[24] - The company reported a total cash outflow of CNY 245,238,316.30 from operating activities, compared to CNY 225,425,793.63 in the same quarter last year[24] Shareholder Information - Total number of common shareholders at the end of the reporting period is 10,774[12] - Zhejiang Deneng Industrial Holding Group Co., Ltd. holds 42.37% of shares, totaling 87,947,500 shares[12] - The company has no pledged shares among its top shareholders[12] - The top ten shareholders include both domestic and foreign entities, with significant holdings from Zhejiang Deneng and Hong Kong Rongzhi Group[12] Research and Development - The company increased its R&D investment, leading to a 52.83% rise in R&D expenses compared to the previous year[9] - Research and development expenses increased to CNY 8,859,599.02 in Q1 2023, compared to CNY 5,797,134.35 in Q1 2022, reflecting a growth of 53.1%[20] - The company plans to continue focusing on R&D and market expansion strategies to improve profitability in the upcoming quarters[20] Taxation - The company experienced a 134.84% increase in taxes and surcharges due to new property taxes and export tax rebates[9]