TPC(SZ:002134)2022-04-26 16:00Financial Performance - The company's revenue for Q1 2022 was CNY 156,668,215.77, representing a 13.40% increase compared to CNY 138,150,364.96 in the same period last year[7]. - Net profit attributable to shareholders for Q1 2022 was CNY 3,313,475.90, a significant increase of 163.74% from CNY 1,256,324.12 in Q1 2021[7]. - Basic earnings per share for Q1 2022 were CNY 0.0135, an increase of 164.71% compared to CNY 0.0051 in Q1 2021[7]. - Operating profit for Q1 2022 reached CNY 3,319,165.42, compared to CNY 1,336,082.31 in Q1 2021, indicating an increase of about 148%[23]. - The net profit for Q1 2022 was CNY 3,313,475.90, a significant increase from CNY 1,256,324.12 in the same period last year, representing a growth of approximately 163%[23]. Cash Flow - The net cash flow from operating activities for Q1 2022 was CNY 46,951,351.65, up 75.57% from CNY 26,741,934.06 in the previous year[7]. - Cash flow from operating activities generated a net cash inflow of CNY 46,951,351.65, up from CNY 26,741,934.06 in the previous year, reflecting a growth of approximately 75%[24]. - The company experienced a net cash outflow from investing activities of CNY 38,368,607.17, compared to a net outflow of CNY 904,460.22 in the previous year[24]. - The company did not report any cash inflows from financing activities during the quarter, with cash outflows related to financing activities totaling CNY 244,687.50[25]. - The impact of exchange rate changes on cash and cash equivalents was a positive CNY 20,618.81 in Q1 2022[25]. Assets and Liabilities - Total assets at the end of Q1 2022 were CNY 790,175,583.20, a slight increase of 0.29% from CNY 787,910,956.49 at the end of the previous year[8]. - The total liabilities decreased marginally to RMB 360,825,555.26 from RMB 361,874,404.45, indicating a reduction of about 0.3%[19]. - The company's equity attributable to shareholders increased by 0.78% to CNY 429,350,027.94 at the end of Q1 2022 from CNY 426,036,552.04 at the end of the previous year[8]. Research and Development - Research and development expenses for Q1 2022 were CNY 6,522,047.97, reflecting a 58.00% increase from CNY 4,127,879.15 in Q1 2021 due to increased material input[12]. - Research and development expenses increased to RMB 6,522,047.97 from RMB 4,127,879.15, reflecting a year-over-year growth of approximately 58.1%[21]. Operating Costs and Profitability - The total operating costs for Q1 2022 were RMB 154,423,732.82, up from RMB 136,935,105.72, reflecting a year-over-year increase of 12.7%[21]. - The gross profit margin for Q1 2022 was approximately 1.4%, compared to 8.8% in the previous year, indicating a decline in profitability[21]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,096, with TCL Technology Group holding the largest share at 26.86%[14]. Other Financial Metrics - The company reported a significant increase in contract liabilities, which rose by 1104.49% to CNY 21,373,594.86 due to increased customer prepayments[10]. - The company received government subsidies amounting to CNY 552,107.14 in Q1 2022, a 47.93% increase compared to CNY 373,232.41 in the previous year[12]. - The company's cash and cash equivalents at the end of Q1 2022 were RMB 158,857,865.84, slightly up from RMB 157,010,912.87 at the beginning of the year[17]. - Accounts receivable decreased to RMB 175,475,040.04 from RMB 191,791,441.95, representing a reduction of approximately 8.5%[17]. - Inventory levels decreased to RMB 86,184,948.09 from RMB 93,390,625.73, a decline of about 7.7%[18]. - The company incurred asset impairment losses of CNY 62,930.80 during the quarter[23].