TSPC(SZ:000554)2022-04-27 16:00Financial Performance - The company's operating revenue for Q1 2022 was CNY 747,391,907.87, representing a 21.51% increase compared to CNY 615,061,588.26 in the same period last year[3] - Net profit attributable to shareholders increased by 107.32% to CNY 2,840,725.30 from CNY 1,370,211.32 year-on-year[3] - The total profit increased by 61.29% to CNY 4,000,000.00, driven by the increase in operating revenue[8] - Operating profit reached CNY 5,245,901.89, up 60.7% from CNY 3,263,349.76 in the previous year[20] - The total profit amounted to CNY 5,202,181.20, representing a 61.5% increase from CNY 3,225,301.86 in Q1 2021[20] - Basic earnings per share rose by 100% to CNY 0.006 from CNY 0.003 in the same period last year[3] - The basic and diluted earnings per share for Q1 2022 were both CNY 0.006, compared to CNY 0.003 in Q1 2021[21] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly, reaching CNY 22,655,501.49, a turnaround from a negative CNY 49,465,551.28 in the previous year, marking a 145.80% increase[3] - Cash flow from operating activities generated a net inflow of CNY 22,655,501.49, a turnaround from a net outflow of CNY 49,465,551.28 in the same period last year[24] - The company reported cash and cash equivalents of CNY 83,884,140.92 at the end of Q1 2022, down from CNY 142,288,083.00 at the end of Q1 2021[25] - The cash and cash equivalents were CNY 83,884,140.92, down from CNY 97,680,261.87, reflecting a decrease of approximately 14.1%[15] - The company experienced a decrease in investment cash flow, with a net outflow of CNY 9,548,547.44, compared to CNY 8,534,096.97 in the previous year[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,615,115,638.81, up 7.03% from CNY 1,509,097,255.10 at the end of the previous year[3] - The total current assets as of March 31, 2022, were CNY 608,236,172.97, up from CNY 492,120,714.53, representing a growth of about 23.6%[15] - The total non-current assets decreased slightly to CNY 1,006,879,465.84 from CNY 1,016,976,540.57, showing a decline of approximately 1.1%[16] - The total liabilities increased to CNY 685,044,150.24 from CNY 584,546,365.43, which is an increase of approximately 17.2%[16] - The total equity attributable to shareholders was CNY 926,616,698.13, slightly up from CNY 921,101,278.01, indicating a marginal increase of about 0.6%[17] Operating Costs and Expenses - The total operating costs for Q1 2022 amounted to CNY 742,107,279.58, up from CNY 611,505,624.49 in the previous period, reflecting an increase of about 21.4%[18] - The operating cost specifically for the business was CNY 686,933,171.04, compared to CNY 549,986,144.93 previously, which is an increase of approximately 24.9%[18] - The company reported a 230.49% increase in financial expenses, primarily due to higher interest expenses on lease liabilities and short-term borrowings[7] - The company experienced a 38.21% decrease in business tax and additional fees, attributed to a reduction in payable value-added tax compared to the previous year[6] - Investment income decreased by 74.81% due to a reduction in investment losses compared to the previous year[8] Sales and Revenue - The total revenue from sales of goods and services received was CNY 852,111,165.31, an increase from CNY 685,844,548.13 in the previous year[22] - Cash outflow for purchasing goods and services was CNY 791,305,731.22, compared to CNY 660,038,916.67 in Q1 2021[24] Audit and Reporting - The company did not conduct an audit for the Q1 2022 report[26]