TASLY(SH:600535)2024-04-25 07:55Financial Performance - The company's operating revenue for Q1 2024 was ¥2,048,654,962.31, a decrease of 1.73% compared to ¥2,084,691,377.59 in the same period last year[4] - Net profit attributable to shareholders was ¥295,211,183.76, representing an increase of 11.58% from ¥264,585,229.90 in the previous year[4] - Basic and diluted earnings per share were both ¥0.1976, an increase of 11.38% from ¥0.1774 in the same period last year[4] - Net profit for Q1 2024 increased to ¥293,013,054.52, compared to ¥261,158,964.31 in Q1 2023, representing an increase of 12.2%[20] - Basic earnings per share for Q1 2024 were ¥0.20, up from ¥0.18 in Q1 2023[21] - The company reported a significant increase in trading financial assets, which rose to RMB 498,606,338.55 from RMB 300,708,218.67, a growth of approximately 65.73%[15] - The company reported a decrease in financial expenses to ¥5,656,853.71 in Q1 2024 from ¥12,157,606.56 in Q1 2023, a reduction of 53.4%[19] - The company reported a decrease in financial expenses to CNY 4,655,586.64 in Q1 2024 from CNY 13,534,129.17 in Q1 2023, a reduction of 65.5%[27] Cash Flow - The net cash flow from operating activities decreased by 324.05% to -¥336,905,188.62, primarily due to lower bank acceptance bill discounting compared to the previous year[5][8] - In Q1 2024, the company's operating cash flow was negative at -336,905,188.62 RMB, a significant decline from a positive cash flow of 150,368,792.36 RMB in Q1 2023, representing a year-over-year decrease of approximately 323%[22] - The company's cash flow from operating activities was significantly impacted by a decrease in cash received from sales, which fell to 1,717,064,069.66 RMB in Q1 2024 from 2,210,538,354.66 RMB in Q1 2023, a decline of approximately 22.3%[22] - The company’s cash outflow for operating activities totaled 2,142,923,042.37 RMB in Q1 2024, slightly lower than 2,223,581,816.00 RMB in Q1 2023, indicating a decrease of about 3.6%[22] - The net cash flow from operating activities was CNY 92,804,888.71 in Q1 2024, a significant improvement from a negative CNY 483,016,944.40 in Q1 2023[29] - The company reported a net cash flow from financing activities of 687,058,089.28 RMB in Q1 2024, compared to 812,670,883.86 RMB in Q1 2023, reflecting a decrease of approximately 15.5%[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥17,517,009,897.52, reflecting a growth of 4.80% from the previous year-end[5] - The equity attributable to shareholders increased by 2.35% to ¥12,658,472,826.96 compared to the previous year-end[5] - The total liabilities as of Q1 2024 were ¥4,539,560,933.20, an increase of 12.8% from ¥4,024,276,030.89 in Q1 2023[19] - The total liabilities decreased slightly to CNY 3,804,468,252.85 in Q1 2024 from CNY 3,827,284,631.95 in Q1 2023[26] - The total assets reached RMB 17,517,009,897.52, up from RMB 16,714,285,093.86, marking an increase of approximately 4.80%[16] - The total non-current assets as of March 31, 2024, were RMB 7,943,170,156.83, slightly down from RMB 7,981,604,197.93, indicating a decrease of about 0.48%[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 60,711[9] - The largest shareholder, Tasly Holding Group Co., Ltd., held 45.75% of the shares, totaling 683,481,524 shares[9] - The company completed the cancellation of 5,750,125 shares originally intended for an employee stock incentive plan, reducing registered capital[14] Research and Development - Research and development expenses for Q1 2024 were ¥199,383,930.36, an increase of 20.4% from ¥165,566,473.21 in Q1 2023[19] - Research and development expenses increased to CNY 123,558,982.19 in Q1 2024, compared to CNY 93,249,352.35 in Q1 2023, marking a rise of 32.5%[27]