TFME(SZ:002156)2023-04-26 16:00Revenue and Profitability - The company's revenue for Q1 2023 was ¥4,641,782,943.17, representing a 3.11% increase compared to ¥4,501,738,566.38 in the same period last year[3] - Net profit attributable to shareholders was ¥4,551,383.81, a significant decrease of 97.24% from ¥164,696,460.27 in the previous year[3] - The basic earnings per share decreased by 97.60% to ¥0.003 from ¥0.125 in the same period last year[3] - The total comprehensive income attributable to shareholders decreased significantly to -¥43,878,093.21 from ¥142,597,894.86 in the previous year[8] - The company reported a net loss of ¥77.34 million for Q1 2023, contrasting with a net profit of ¥141.11 million in Q1 2022[16] - The total comprehensive income for Q1 2023 was a loss of ¥40.70 million, compared to a gain of ¥141.99 million in Q1 2022[17] Cash Flow and Operating Activities - The net cash flow from operating activities was ¥1,037,698,369.06, a turnaround from a negative cash flow of ¥164,785,573.05 in the same period last year[3] - Cash flow from operating activities increased to ¥6.23 billion, compared to ¥3.85 billion in the previous year, reflecting a growth of 62.00%[18] - Total cash inflow from operating activities reached ¥6,364,347,172.89, compared to ¥4,091,003,126.36 in the same period last year, indicating a year-over-year increase of approximately 55.5%[19] - Cash outflow for operating activities was ¥5,326,648,803.83, up from ¥4,255,788,699.41 in Q1 2022, reflecting a rise of about 25%[19] - The net cash flow from operating activities for Q1 2023 was approximately ¥1.04 billion, a significant improvement from a negative cash flow of ¥164.79 million in Q1 2022[9] Assets and Liabilities - Total assets at the end of the reporting period were ¥35,985,684,409.16, reflecting a 1.00% increase from ¥35,629,428,284.40 at the end of the previous year[3] - The company's inventory increased by 44.21% to ¥5,013,720,596.73, attributed to a shift towards high-end applications and rising raw material prices[6] - Accounts receivable decreased to CNY 3,167,732,195.19 from CNY 4,625,760,894.23, a reduction of about 31.5%[14] - Current liabilities totaled CNY 13,483,995,589.36, down from CNY 13,748,101,336.98, a decrease of about 1.9%[14] - Long-term borrowings rose to CNY 6,943,528,575.52 from CNY 6,025,652,316.63, an increase of approximately 15.2%[14] Financial Expenses and Investments - The financial expenses increased by 44.70% to ¥122,928,284.20 due to higher interest expenses from increased bank loans and rising USD loan rates[8] - Cash inflow from investment activities totaled approximately ¥171.43 million, a 99.65% increase compared to ¥85.87 million in the same period last year[9] - The net cash flow from investing activities was -¥2,196,064,852.26, worsening from -¥1,894,863,747.03 in the previous year, indicating an increase in investment expenditures[19] - The company’s cash flow from investment activities included ¥145,593,484.33 from other investment-related cash receipts, which is an increase from ¥85,861,301.88 in Q1 2022, representing a growth of about 69.5%[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 187,558, with the largest shareholder holding 20.32% of the shares[11] - The company's equity attributable to shareholders decreased slightly to CNY 13,785,411,868.71 from CNY 13,833,578,689.66, a decline of approximately 0.3%[14] Other Financial Metrics - The company's EBITDA for Q1 2023 was ¥901 million, representing a year-over-year increase of 9.88% from ¥820 million in Q1 2022[10] - Research and development expenses rose to ¥292.63 million, up 6.67% from ¥273.86 million in the same period last year[16] - The company reported a decrease in employee compensation payable to CNY 112,110,816.64 from CNY 226,385,204.59, a reduction of about 50.5%[14] - The cash received from sales of goods and services increased by 61.78% to ¥6,225,329,833.70, driven by higher customer payments[8]