TOSPO(SH:603303)2023-04-21 16:00Financial Performance - The company's operating revenue for Q1 2023 was ¥1,105,713,983.05, representing a decrease of 11.95% compared to the same period last year[5] - Net profit attributable to shareholders was ¥65,978,806.22, an increase of 9.77% year-on-year[5] - The company reported a net profit margin decline due to reduced revenue, impacting overall profitability[19] - The total operating revenue for Q1 2023 was ¥1,105,713,983.05, a decrease of approximately 11.93% compared to ¥1,255,709,274.73 in Q1 2022[21] - The total operating costs for Q1 2023 were ¥1,033,504,399.67, down 11.77% from ¥1,171,410,129.16 in the same period last year[21] - Net profit for Q1 2023 increased to ¥66,465,795.47, representing a growth of 11.93% from ¥59,546,671.99 in Q1 2022[22] - The total profit for Q1 2023 was ¥76,341,454.94, an increase from ¥72,395,146.49 in Q1 2022, reflecting a growth of 5.36%[22] - The company reported a total comprehensive income of ¥66,690,779.39 for Q1 2023, compared to ¥59,755,491.63 in Q1 2022, indicating an increase of 11.66%[22] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 34.58%, amounting to ¥74,875,323.29[6] - Cash flow from operating activities for Q1 2023 was ¥74,875,323.29, a decline of 34.54% compared to ¥114,455,309.87 in Q1 2022[24] - The company reported a net cash inflow from financing activities of ¥525,396,961.07 in Q1 2023, compared to a net outflow of ¥41,164,562.11 in Q1 2022[25] - The cash and cash equivalents at the end of Q1 2023 totaled ¥1,539,708,137.02, significantly up from ¥726,337,912.66 at the end of Q1 2022, marking an increase of 111.73%[25] - Cash and cash equivalents increased to RMB 2,557,607,423.18 as of March 31, 2023, up from RMB 1,711,972,717.89 at the end of 2022, representing a growth of 49.3%[15] Assets and Liabilities - Total assets at the end of the reporting period reached ¥5,956,273,630.70, reflecting an increase of 18.52% from the end of the previous year[6] - Total assets reached RMB 5,956,273,630.70 as of March 31, 2023, up from RMB 5,025,588,799.88 at the end of 2022, reflecting a growth of 18.43%[17] - Total liabilities increased to RMB 2,560,743,390.64, compared to RMB 1,696,749,339.21 at the end of 2022, marking a rise of 51.0%[17] - The company's total equity as of March 31, 2023, was RMB 3,395,530,240.06, up from RMB 3,328,839,460.67 at the end of 2022, showing an increase of 1.99%[17] - The company's equity attributable to shareholders increased by 2.02% to ¥3,337,466,089.57[6] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 10,692[12] - The largest shareholder, Hengdian Group Holdings Co., Ltd., holds 49.27% of the shares[12] - There are no significant changes in the shareholder structure or related party transactions reported during this period[13] Earnings and Returns - The weighted average return on equity increased by 0.08 percentage points[6] - The company reported a basic earnings per share of ¥0.1383, which is a 9.77% increase compared to the previous year[6] - The basic earnings per share for Q1 2023 was ¥0.1383, up from ¥0.1260 in Q1 2022, indicating a year-over-year increase of 9.13%[23] Research and Development - The company incurred research and development expenses of ¥36,857,441.90 in Q1 2023, slightly up from ¥35,185,628.43 in Q1 2022[21] Future Outlook - The company is focusing on expanding its market presence and enhancing product development strategies in the upcoming quarters[18] - The company announced the implementation of new accounting standards starting in 2023, which will affect the financial statements from the beginning of the year[26] Non-recurring Items - Non-recurring gains and losses totaled ¥11,157,700.81 after tax adjustments[9] - Inventory decreased to RMB 635,081,067.72 from RMB 653,836,820.40 at the end of 2022, a decline of 2.87%[15]