TOND(SZ:002360)2022-04-25 16:00Financial Performance - The company's operating revenue for Q1 2022 was ¥176,460,166.04, representing a 10.17% increase compared to ¥160,169,240.77 in the same period last year[3]. - The net profit attributable to shareholders for Q1 2022 was ¥20,768,036.98, up 7.59% from ¥19,303,542.69 in the previous year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥17,814,085.04, reflecting a 17.98% increase from ¥15,099,298.21 year-on-year[3]. - The diluted earnings per share decreased by 20.00% to ¥0.04 from ¥0.05 in the previous year[3]. - Net profit for the current period was ¥21,055,813.65, up 9.4% from ¥19,257,217.76 in the previous period[16]. - The total comprehensive income for the period was CNY 21,055,813.65, compared to CNY 19,257,217.76 in the previous period, representing an increase of approximately 9.36%[17]. - Basic earnings per share remained stable at CNY 0.05, while diluted earnings per share decreased slightly to CNY 0.04 from CNY 0.05 in the previous period[17]. Cash Flow - The net cash flow from operating activities surged to ¥53,963,803.57, a significant increase of 270.17% compared to ¥14,577,996.60 in the same quarter last year[3]. - The company reported a total cash inflow from operating activities of CNY 269,224,278.13, with total cash outflow of CNY 215,260,474.56, resulting in a net cash flow of CNY 53,963,803.57[20]. - Cash inflow from sales of goods and services was CNY 269,224,278.13, compared to CNY 196,127,460.89 in the previous period, reflecting an increase of about 37.24%[20]. - The cash outflow for purchasing goods and services was CNY 150,714,011.89, up from CNY 103,667,000.13, which is an increase of approximately 45.29%[20]. - The net cash flow from investing activities was -CNY 178,635,733.07, worsening from -CNY 12,268,620.09 in the previous period[21]. - The cash flow from financing activities generated a net cash flow of CNY 26,837,165.30, down from CNY 38,421,592.02 in the previous period, a decrease of about 30.36%[21]. - The ending cash and cash equivalents balance was CNY 320,632,346.86, down from CNY 645,783,586.44, indicating a decrease of approximately 50.38%[21]. Assets and Liabilities - Total assets at the end of Q1 2022 reached ¥2,216,176,552.13, marking a 3.99% increase from ¥2,131,086,810.53 at the end of the previous year[3]. - The company's total assets increased to ¥2,216,176,552.13 from ¥2,131,086,810.53, reflecting a growth of approximately 4.0%[13]. - Current assets totaled ¥764,630,255.28, down from ¥830,596,315.15, indicating a decrease of about 7.9%[12]. - Non-current assets rose to ¥1,451,546,296.85 from ¥1,300,490,495.38, marking an increase of approximately 11.6%[12]. - Total liabilities decreased to ¥622,751,379.00 from ¥648,692,562.13, a reduction of about 4.0%[13]. - The company's equity attributable to shareholders increased by 7.92% to ¥1,508,131,548.14 from ¥1,397,417,430.91 at the end of the previous year[3]. - The company's equity attributable to shareholders increased to ¥1,508,131,548.14 from ¥1,397,417,430.91, representing an increase of approximately 7.9%[13]. Expenses - Total operating costs decreased slightly to ¥136,840,995.99 from ¥137,067,739.17, with operating costs specifically dropping from ¥105,104,156.03 to ¥102,207,241.20, a reduction of approximately 2.8%[15][16]. - Research and development expenses decreased to ¥2,663,889.24 from ¥4,185,101.56, a decline of about 36.3%[16]. - Financial expenses increased by 122.32% to ¥4,221,900.00, attributed to higher interest payments on increased loans[6]. Investments - The company is investing in a new production line for biodegradable plastics (PBAT) with an annual capacity of 60,000 tons and 240,000 tons of 1,4-butanediol (BDO), with construction expected to start by the end of 2022[9]. - The company reported an investment loss of ¥10,260,642.33, compared to a loss of ¥499,710.01 in the previous period[16]. Other - The company reported a significant increase in other receivables, which rose by 171.56% to ¥33,311,300.00, primarily due to the transfer from Tongde Super Silicon[6]. - The company did not conduct any audited financial report for the first quarter[22].