Tuopu Group(SH:601689)2024-04-26 08:32Financial Performance - The company's operating revenue for Q1 2024 reached ¥5,688,211,871.16, representing a year-on-year increase of 27.29%[4] - Net profit attributable to shareholders was ¥645,401,996.29, reflecting a growth of 43.36% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was ¥596,005,077.10, up by 41.79% year-on-year[4] - Basic and diluted earnings per share were both ¥0.56, marking an increase of 36.59%[4] - Total operating revenue for Q1 2024 reached CNY 5,688,211,871.16, a 27.3% increase from CNY 4,468,569,793.40 in Q1 2023[19] - Net profit for Q1 2024 was CNY 647,965,983.87, compared to CNY 453,926,608.08 in Q1 2023, representing a 42.7% growth[21] - The total comprehensive income for Q1 2024 reached ¥648.21 million, up from ¥454.62 million in the same period last year, reflecting a growth of 42.5%[22] Assets and Liabilities - The company's total assets at the end of Q1 2024 amounted to ¥34,716,620,258.40, a 12.83% increase from the end of the previous year[5] - The total liabilities decreased to CNY 16,755,669,860.75 in Q1 2024 from CNY 16,955,468,301.15 in Q1 2023, a decline of 1.2%[18] - The company's total current assets reached RMB 16,788,848,129.03, an increase from RMB 13,491,861,408.62 as of December 31, 2023, representing a growth of approximately 24.0%[15] - The cash and cash equivalents amounted to RMB 4,258,886,365.53, up from RMB 2,855,366,991.27, indicating a significant increase of about 49.1%[15] - The company's inventory increased to RMB 3,568,875,640.10 from RMB 3,244,841,805.11, reflecting a rise of approximately 10.0%[15] - The total receivables, including accounts receivable and financing receivables, were RMB 6,179,560,403.79, slightly up from RMB 6,046,648,476.54, showing an increase of about 2.2%[15] Cash Flow - The net cash flow from operating activities decreased by 32.50% to ¥458,453,066.99, primarily due to increased cash payments for goods and services[4][8] - Cash inflows from operating activities totaled ¥5.57 billion in Q1 2024, compared to ¥5.11 billion in Q1 2023, marking an increase of 9.1%[25] - The net cash flow from operating activities for Q1 2024 was ¥458.45 million, down 32.5% from ¥679.21 million in Q1 2023[25] - Cash outflows from investing activities amounted to ¥2.76 billion in Q1 2024, significantly higher than ¥968.81 million in Q1 2023[26] - The net cash flow from financing activities for Q1 2024 was ¥3.55 billion, a substantial increase compared to ¥397.34 million in Q1 2023[26] - The cash and cash equivalents at the end of Q1 2024 stood at ¥3.77 billion, up from ¥2.81 billion at the end of Q1 2023, indicating a growth of 34.2%[26] Shareholder Information - Shareholders' equity attributable to the parent company was ¥17,928,516,651.70, which is a 30.06% increase compared to the previous year-end[5] - The total number of ordinary shareholders at the end of the reporting period was 48,686[9] - The company has not reported any changes in the top 10 shareholders or their participation in margin trading activities during the reporting period[12] Investments and Future Plans - The company raised a total of RMB 3,514,826,899.52 through a private placement of A-shares, with a net amount of RMB 3,498,437,798.43 after deducting related expenses[13] - The company completed the registration and custody of newly issued shares on January 26, 2024, enhancing its capital structure[13] - The company plans to continue expanding its market presence and investing in new technologies and products in the upcoming quarters[18] Research and Development - Research and development expenses increased to CNY 255,646,435.02 in Q1 2024, up from CNY 212,832,954.53 in Q1 2023, marking a 20.1% rise[21]