T&S(SZ:300570)2023-04-27 16:00Financial Performance - The company's revenue for Q1 2023 was CNY 189,984,560.08, representing a 5.40% increase compared to CNY 180,256,520.23 in the same period last year[5]. - Net profit attributable to shareholders was CNY 28,653,174.43, up 21.73% from CNY 23,537,840.39 year-on-year[5]. - Basic earnings per share increased by 21.71% to CNY 0.1284, compared to CNY 0.1055 in the same period last year[5]. - Total operating revenue for Q1 2023 was CNY 189,984,560.08, an increase of 5.3% compared to CNY 180,256,520.23 in the same period last year[15]. - Total operating revenue for Q1 2023 was 30,993,314.73 CNY, an increase from 25,816,427.94 CNY in Q1 2022, representing a growth of approximately 20.4%[16]. - Net profit attributable to the parent company was 28,653,174.43 CNY, up from 23,537,840.39 CNY in the same period last year, reflecting a year-on-year increase of about 21.4%[17]. - The total profit for Q1 2023 was 30,971,902.54 CNY, compared to 25,774,027.94 CNY in Q1 2022, which is an increase of about 20.6%[16]. Cash Flow and Liquidity - The net cash flow from operating activities decreased by 52.17% to CNY 3,500,145.84, down from CNY 7,317,571.23 in the previous year[5]. - Operating cash flow for Q1 2023 was 3,500,145.84 CNY, down from 7,317,571.23 CNY in Q1 2022, indicating a decline of about 52.2%[20]. - The company reported a total cash and cash equivalents balance of 330,317,545.74 CNY at the end of Q1 2023, compared to 553,989,196.23 CNY at the end of Q1 2022, a decrease of approximately 40.4%[21]. - The company reported a net increase in cash and cash equivalents of 77,271,659.13 CNY during Q1 2023, compared to an increase of 11,943,103.38 CNY in Q1 2022[21]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,579,010,212.03, a 1.60% increase from CNY 1,554,082,420.76 at the end of the previous year[5]. - Total assets as of the end of Q1 2023 were CNY 1,579,010,212.03, compared to CNY 1,554,082,420.76 at the beginning of the year, indicating a growth of 1.6%[14]. - Total liabilities decreased slightly to CNY 229,217,879.10 from CNY 231,900,960.27, a reduction of 1.2%[14]. - The company’s total equity increased to CNY 1,349,792,332.93 from CNY 1,322,181,460.49, reflecting a growth of 2.1%[14]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 21,095[10]. - The top shareholder, Shenzhen Shenzhou Tong Investment Group Co., Ltd., holds 12.38% of the shares, amounting to 28,468,320 shares[10]. Investment and Expenses - The company reported a significant increase in investment cash flow, which rose by 931.46% to CNY 75,726,033.88, compared to CNY 7,341,614.36 in the same period last year[8]. - Research and development expenses rose to 12,580,756.97 CNY, compared to 10,276,349.53 CNY in Q1 2022, marking an increase of approximately 22.4%[16]. - The company recorded a financial income of 8,036,565.83 CNY in Q1 2023, significantly up from 1,137,247.09 CNY in Q1 2022, representing an increase of approximately 608.5%[16]. - Total operating costs for Q1 2023 were 156,328,039.05 CNY, slightly higher than 151,330,288.86 CNY in Q1 2022, reflecting an increase of about 3.3%[16]. - The company recorded a government subsidy of CNY 2,883,379.95 during the reporting period[6]. Inventory and Receivables - Accounts receivable increased to CNY 290,601,482.51 from CNY 277,263,334.67, reflecting a rise of 4.5%[13]. - Inventory at the end of Q1 2023 was CNY 228,617,745.74, up from CNY 219,416,202.59, marking an increase of 4.9%[13]. - The company reported a total of CNY 66,406,456.36 in employee compensation liabilities, an increase from CNY 63,291,585.83, showing a rise of 3.3%[14]. Return on Equity - The weighted average return on equity rose to 2.16%, up from 1.97% year-on-year[5].