TCT(SH:688015)2022-04-26 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥388,206,414.27, representing a year-on-year increase of 6.76%[6] - The net profit attributable to shareholders decreased by 10.75% to ¥21,934,489.56 compared to the same period last year[6] - The basic earnings per share for the period was ¥0.12, reflecting a decrease of 20.00% compared to the previous year[7] - Net profit for Q1 2022 was CNY 20,892,975.28, a decrease of 13.8% from CNY 24,264,642.12 in Q1 2021[20] - The company reported a total comprehensive income of CNY 20,883,894.96 for Q1 2022, compared to CNY 24,418,837.10 in Q1 2021[21] - The company’s total profit for Q1 2022 was CNY 27,065,422.17, slightly up from CNY 26,708,979.92 in Q1 2021[30] Cash Flow - The net cash flow from operating activities was negative at -¥70,024,689.51, indicating a cash outflow[7] - Cash inflow from operating activities in Q1 2022 was CNY 469,115,534.29, significantly higher than CNY 206,723,868.86 in Q1 2021[23] - The net cash flow from operating activities was negative CNY 70,024,689.51, an improvement from negative CNY 228,747,210.38 in the same period last year[24] - The company reported a net cash flow from investing activities of CNY 14,702,136.48, compared to a negative cash flow of CNY 65,156,740.68 in the previous year[24] - Cash flow from operating activities showed a net outflow of CNY -38,626,752.25, an improvement from CNY -211,886,763.82 in Q1 2021[31] - The company’s cash outflow from operating activities totaled CNY 831,173,086.21, compared to CNY 400,103,910.23 in the previous year, indicating increased operational expenditures[31] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,169,812,282.91, a decrease of 2.30% from the end of the previous year[7] - The total assets as of March 31, 2022, amounted to CNY 4,862,232,915.28, a decrease from CNY 4,915,730,186.10 at the end of 2021[28] - The company's total current assets amounted to CNY 4,180,128,591.78, a decrease from CNY 4,301,855,483.58, representing a decline of approximately 2.8%[17] - The total liabilities as of March 31, 2022, were CNY 2,290,000,000.00, down from CNY 2,400,000,000.00, indicating a decrease of about 4.6%[17] - Total liabilities as of Q1 2022 were CNY 2,771,439,163.12, down from CNY 2,926,353,754.76 in Q1 2021[18] - The total liabilities decreased to CNY 2,569,967,995.01 from CNY 2,652,894,159.20 at the end of 2021[28] Research and Development - Research and development expenses totaled ¥54,241,640.68, an increase of 32.04% year-on-year, accounting for 13.97% of operating revenue[7] - Research and development expenses for Q1 2022 totaled CNY 54,241,640.68, compared to CNY 41,081,058.37 in Q1 2021, marking a 32.1% increase[19] - The company plans to continue increasing its investment in research and development to enhance its competitive edge[10] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 7,228[12] - The largest shareholder, Beijing Infrastructure Investment Co., Ltd., held 17.10% of the shares, totaling 31,978,822 shares[12] Inventory and Receivables - The company's inventory decreased to CNY 785,846,098.39 from CNY 866,355,544.75, reflecting a decline of approximately 9.3%[17] - Accounts receivable increased to CNY 1,140,319,100.18 from CNY 1,085,095,919.48, representing a growth of approximately 5.1%[16]