TFC(SZ:300394)2023-04-20 16:00Financial Performance - The company's revenue for Q1 2023 was ¥286,990,129.38, representing a 1.50% increase compared to ¥282,751,462.83 in the same period last year[3] - Net profit attributable to shareholders for Q1 2023 was ¥92,136,784.60, an increase of 11.14% from ¥82,898,306.66 year-on-year[3] - Total operating revenue for Q1 2023 was CNY 286,990,129.38, an increase of 1.4% compared to CNY 282,751,462.83 in Q1 2022[16] - Operating profit for Q1 2023 reached CNY 108,471,292.89, up from CNY 97,615,173.85 in the same period last year, reflecting a growth of 11.5%[17] - Net profit attributable to shareholders of the parent company was CNY 92,136,784.60, compared to CNY 82,898,306.66 in Q1 2022, representing an increase of 11.5%[17] - The total comprehensive income for Q1 2023 was CNY 91,671,067.86, compared to CNY 80,518,514.40 in Q1 2022, an increase of 13.5%[17] Cash Flow - The net cash flow from operating activities increased by 16.78% to ¥139,088,576.39, up from ¥119,102,539.15 in the previous year[3] - Net cash flow from operating activities for Q1 2023 was 139,088,576.39, up from 119,102,539.15 in the same period last year, indicating an increase of about 16.8%[19] - Cash inflow from investment activities reached 1,039,148,577.10, compared to 732,191,568.92 in the previous year, marking an increase of approximately 42.0%[20] - Cash outflow for investment activities decreased to 387,589,817.85 from 844,449,182.41, a reduction of about 54.2%[20] - The net cash flow from financing activities was 55,411,098.00, compared to 0.00 in the previous period, indicating a positive shift in financing[20] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥3,020,530,289.54, reflecting a 4.12% increase from ¥2,900,921,125.63 at the end of the previous year[3] - Total liabilities decreased to CNY 249,327,684.24 in Q1 2023 from CNY 263,905,116.05 in Q1 2022, a reduction of 5.6%[15] - The company's total equity increased to CNY 2,771,202,605.30 in Q1 2023 from CNY 2,637,016,009.58 in Q1 2022, reflecting a growth of 5.1%[15] Shareholder Information - The total number of common shareholders at the end of the reporting period is 17,351[9] - The largest shareholder, Suzhou Tianfu Renhe Investment Management Co., holds 38.95% of shares, totaling 153,469,829 shares[9] - The company has a total of 56.54% of shares held by the top ten shareholders, indicating a concentrated ownership structure[10] Research and Development - Research and development expenses increased by 15.79% to ¥3,117.04 million, driven by higher investment in R&D projects[7] - Research and development expenses for Q1 2023 amounted to CNY 31,170,370.67, up from CNY 26,920,796.05 in Q1 2022, indicating a growth of 15.5%[16] Other Financial Metrics - Basic earnings per share for Q1 2023 were ¥0.2339, a 10.33% increase from ¥0.2120 in the same period last year[3] - Basic earnings per share for Q1 2023 increased to 0.2339 from 0.2120 in the previous period, representing a growth of approximately 9.0%[18] - The company reported a decrease in tax expenses to CNY 16,345,541.66 in Q1 2023 from CNY 14,057,882.08 in Q1 2022, indicating a rise in net profit[17] - Other comprehensive income for Q1 2023 was reported at CNY -449,526.87, compared to CNY -3,081,385.30 in Q1 2022, showing an improvement[17] Cash and Cash Equivalents - The company reported a significant increase in cash and cash equivalents, rising by 125.17% to ¥151,451.72 million due to the redemption of financial products and net cash inflow from operating activities[5] - The company's cash and cash equivalents increased to RMB 1,514,517,245.09 from RMB 672,609,928.35 at the beginning of the year, representing a significant growth[13] - The total cash and cash equivalents at the end of Q1 2023 amounted to 1,514,517,245.09, significantly up from 521,649,025.26 in the previous year, reflecting an increase of approximately 189.0%[20]