TMD(SZ:000762)2024-04-25 11:31Financial Performance - The company's operating revenue for Q1 2024 was CNY 147,774,688.94, representing a 64.13% increase compared to CNY 90,036,967.69 in the same period last year[13]. - Net profit attributable to shareholders was CNY 23,672,747.97, up 36.07% from CNY 17,397,653.72 year-on-year[13]. - The basic and diluted earnings per share increased to CNY 0.0454, a rise of 37.58% compared to CNY 0.033 in the same quarter last year[13]. - The company reported a significant increase in net profit excluding non-recurring gains and losses, which reached CNY 19,059,534.95, up 119.77% from CNY 8,672,352.02[13]. - The weighted average return on net assets improved to 0.82%, up from 0.59% in the previous year[13]. Cash Flow and Liquidity - The net cash flow from operating activities decreased significantly to CNY 28,078,437.38, down 91.95% from CNY 348,611,545.03 in the previous year[13]. - Cash and cash equivalents decreased by 27.68% from the beginning of the year, mainly due to the settlement of project payments[21]. - The cash and cash equivalents at the end of the period amounted to ¥1,109,986,826.20, down from ¥1,958,632,841.09 at the end of the previous period[54]. - Net cash flow from financing activities decreased by 130.94% year-on-year, primarily due to a reduction in loan inflows from financing activities[56]. - Net cash flow from investment activities decreased by 60.67% year-on-year, mainly due to increased payments for project costs[56]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 7,621,493,977.40, a decrease of 6.41% from CNY 8,143,611,169.68 at the end of the previous year[13]. - The company's total liabilities and equity amounted to approximately 7.62 billion yuan, down from 8.14 billion yuan at the beginning of the year[35]. - Current liabilities decreased significantly from $1.24 billion to $670.68 million, a reduction of about 46%[58]. - Non-current liabilities increased slightly from $3.10 billion to $3.11 billion, reflecting a growth of approximately 0.02%[58]. - Total liabilities decreased from $4.34 billion to $3.78 billion, a decrease of around 12.9%[58]. Shareholder Information - The company’s major shareholder, Tibet Mining Asset Management Co., Ltd., holds a 20.86% stake, with 41,640,000 shares pledged[43]. - The top ten shareholders include various institutional investors, with the largest being Tibet Mining Asset Management Co., Ltd.[43]. Operating Costs and Expenses - Operating costs rose by 214.82% year-on-year, mainly due to the recognition of costs related to previous year's products and additional provisions for environmental restoration fees[22]. - Tax and additional charges increased by 48.62% year-on-year, driven by higher sales revenue[23]. - Other operating expenses surged by 334,073.76% year-on-year, mainly due to donations for poverty alleviation[23]. - R&D expenses decreased by 100% compared to the same period last year, primarily due to no R&D expenditures incurred during the period[41]. - Financial expenses decreased by 40.93% year-on-year, mainly due to increased interest income and reduced interest expenses[42]. Strategic Focus - The company is focusing on strategic expansions and potential acquisitions to enhance market presence[58]. - The company has not disclosed any new product or technology developments in the current report[46].