TCT(SH:688015)2024-04-26 08:17Financial Performance - The company's operating revenue for Q1 2024 reached ¥423,058,354.17, representing a year-on-year increase of 43.31%[6] - Net profit attributable to shareholders was ¥12,415,122.28, reflecting a growth of 22.65% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses surged by 376.11% to ¥5,719,211.14[6] - The basic and diluted earnings per share both stood at ¥0.07, marking a 40.00% increase year-on-year[6] - The total comprehensive income of ¥20,274,279.88 for Q1 2024, up from ¥9,404,181.98 in Q1 2023, an increase of 115.5%[21] - Net profit for Q1 2024 was ¥20,301,305.73, representing a 114.5% increase from ¥9,426,951.16 in Q1 2023[21] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥156,703,906.75, indicating a significant cash outflow[6] - The net cash flow from operating activities for Q1 2024 was -¥156,703,906.75, compared to -¥47,657,314.79 in Q1 2023, indicating a decline in cash flow[24] - The cash received from sales of goods and services in Q1 2024 was ¥344,585,222.20, a decrease from ¥410,112,440.19 in Q1 2023[24] - The net cash flow from investment activities was -84,014,071.35, indicating a significant outflow compared to the inflow of 9,750.00[25] - The total cash outflow from financing activities was 13,530,967.87, leading to a net cash flow from financing activities of -13,530,967.87[25] - The net increase in cash and cash equivalents was -254,250,585.12, reflecting a substantial decrease in liquidity[25] - The ending balance of cash and cash equivalents was 1,126,098,015.15, down from 1,380,348,600.27 at the beginning of the period[25] - The company reported cash inflows from investment activities totaling 367,532,856.16, primarily from the disposal of subsidiaries and other operating units[25] - The cash outflow for the acquisition of fixed assets and intangible assets was 60,773,821.35, indicating ongoing investment in long-term assets[25] - The cash paid for investment activities amounted to 330,000,000.00, highlighting significant capital expenditures[25] - The company experienced a foreign exchange impact of -1,639.15 on cash and cash equivalents, reflecting currency fluctuations[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,517,518,625.16, down 3.43% from the end of the previous year[7] - The company's total liabilities decreased to ¥2,869,492,044.85 in Q1 2024 from ¥3,084,873,021.27 in Q1 2023, a reduction of approximately 7%[20] - Total current liabilities decreased to ¥2,653,243,639.68 from ¥2,845,117,103.86, a reduction of approximately 6.7%[17] - The company reported a decrease in short-term borrowings, indicating improved liquidity management[17] - Total assets decreased to ¥5,517,518,625.16 from ¥5,713,342,376.81, a decline of about 3.4%[17] Shareholder Information - Total number of common shareholders at the end of the reporting period is 6,803[13] - The largest shareholder, Beijing Infrastructure Investment Co., Ltd., holds 31,978,822 shares, accounting for 16.95% of total shares[13] - There are no changes in the shareholding structure of the top 10 shareholders compared to the previous period[14] Research and Development - Research and development expenses totaled ¥54,505,156.23, accounting for 12.88% of operating revenue, a decrease of 7.68 percentage points from the previous year[7][11] - Research and development expenses for Q1 2024 were ¥54,505,156.23, down 10.5% from ¥60,685,254.58 in Q1 2023[20] Other Information - The company has not disclosed any significant new product developments or market expansion strategies in the current report[15] - The company is not applying new accounting standards for the first quarter of 2024, which may affect future financial reporting[27]