TKRT(SH:688569)2024-04-26 08:58Financial Performance - The company's operating revenue for Q1 2024 was ¥333,030,265.38, representing a decrease of 41.84% compared to the same period last year[5]. - The net profit attributable to shareholders for Q1 2024 was ¥54,959,026.90, down 60.40% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥54,641,863.67, a decrease of 60.53% compared to the previous year[5]. - The basic and diluted earnings per share for Q1 2024 were both ¥0.26, reflecting a decline of 60.61%[6]. - Net profit for Q1 2024 was ¥67,295,559.79, a decline of 58.3% from ¥161,220,048.05 in Q1 2023[17]. - The total comprehensive income for Q1 2024 was ¥67,295,559.79, down from ¥161,220,048.05 in Q1 2023[18]. - The operating profit for Q1 2024 was ¥48,109,179.97, a decline of 64.5% from ¥135,323,595.93 in Q1 2023[24]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥25,070,726.33, a decrease of 128.43% year-on-year, indicating reduced sales collections[5][8]. - Cash inflow from operating activities in Q1 2024 was ¥201,006,764.14, a decrease of 48.6% from ¥391,244,292.27 in Q1 2023[18]. - The total cash and cash equivalents at the end of the period amounted to ¥1,443,095,904.32, down from ¥1,302,652,564.85, reflecting a decrease of about 4.0%[20]. - The total cash and cash equivalents at the end of Q1 2024 were ¥1,292,536,577.92, a decrease from ¥1,339,132,121.88 at the beginning of the quarter[27]. - The company reported a decrease in cash paid for operating activities, totaling ¥226,077,490.47, down from ¥303,047,542.96, a reduction of approximately 25.4%[19]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,784,871,523.80, an increase of 0.17% from the end of the previous year[6]. - The company's current assets totaled CNY 2,917,940,240.25, compared to CNY 2,895,450,255.11 in the previous period, reflecting an increase of approximately 0.8%[13]. - The total liabilities of the company were not explicitly stated, but accounts payable decreased to CNY 414,313,934.54 from CNY 489,548,234.86, a reduction of about 15.3%[13]. - Total liabilities as of Q1 2024 were ¥571,558,883.57, down from ¥634,034,333.86 in Q1 2023[15]. - The total liabilities decreased to ¥533,257,472.54 from ¥584,601,752.98, representing a decline of about 8.8%[22]. Research and Development - The company's R&D investment totaled ¥20,725,374.06, accounting for 6.22% of operating revenue, an increase of 3.60 percentage points year-on-year[6]. - Research and development expenses for Q1 2024 were ¥20,725,374.06, slightly up from ¥20,592,748.11 in Q1 2023[16]. - Research and development expenses remained stable at ¥15,209,507.48 in Q1 2024, slightly up from ¥15,153,353.10 in Q1 2023[23]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,557[10]. - There were no changes reported in the top 10 shareholders or any significant shareholder activities during the reporting period[12]. Other Financial Metrics - The weighted average return on net assets was 2.00%, down from 3.39% in the previous year[6]. - The company reported a credit impairment loss of -¥3,640,041.11 in Q1 2024, compared to -¥297,000.34 in Q1 2023[17]. - The company incurred a credit impairment loss of ¥6,845,090.58 in Q1 2024, contrasting with a gain of ¥494,163.11 in Q1 2023[24]. - The company received government subsidies amounting to ¥1,123,072.02, which are considered non-recurring gains[7]. - The company reported a significant increase in other income to ¥1,416,936.62 in Q1 2024, compared to only ¥81,500.93 in Q1 2023[23].