TF Securities(SH:601162)2024-04-29 10:47Financial Performance - The company's operating revenue for Q1 2024 was ¥184,766,305.37, representing a decrease of 86.80% compared to the same period last year[4]. - The net profit attributable to shareholders of the listed company was -¥376,122,215.78, a decline of 168.72% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥379,720,874.64, down 182.10% from the previous year[4]. - The basic earnings per share were -¥0.04, a decrease of 166.67% compared to the same period last year[4]. - The diluted earnings per share were also -¥0.04, reflecting a 166.67% decline year-on-year[4]. - The weighted average return on net assets was -1.60%, a decrease of 3.94 percentage points from the end of the previous year[5]. - The net profit for Q1 2024 was a loss of CNY 418.56 million, compared to a profit of CNY 597.22 million in Q1 2023, indicating a significant decrease in profitability[18]. - Total revenue for Q1 2024 was CNY 184.77 million, down from CNY 1.40 billion in Q1 2023, reflecting a decline of approximately 86.8%[18]. - Interest income decreased to CNY 258.28 million in Q1 2024 from CNY 357.27 million in Q1 2023, a drop of about 27.7%[18]. - Net interest income showed a loss of CNY 451.91 million in Q1 2024, compared to a loss of CNY 309.08 million in Q1 2023, worsening by approximately 46%[18]. - The company recorded a significant drop in investment income, reporting CNY 71.18 million in Q1 2024 compared to CNY 730.70 million in Q1 2023, a decrease of approximately 90.3%[18]. - The net profit attributable to the parent company for Q1 2024 was -¥372,404,635.83, compared to ¥563,109,324.80 in Q1 2023, indicating a significant decline[19]. - The total comprehensive income for the parent company in Q1 2024 was -¥410,594,143.81, compared to ¥671,499,339.90 in the same period last year[19]. Assets and Liabilities - Total assets at the end of the reporting period were ¥98,129,805,848.75, down 1.42% from the end of the previous year[5]. - The equity attributable to shareholders of the listed company was ¥23,269,176,153.69, a decrease of 1.58% compared to the end of the previous year[5]. - Total assets decreased to CNY 98.13 billion as of March 31, 2024, from CNY 99.55 billion as of December 31, 2023, representing a decline of approximately 1.43%[17]. - Total liabilities decreased to CNY 73.95 billion as of March 31, 2024, from CNY 74.96 billion as of December 31, 2023, a reduction of about 1.41%[17]. - The company's equity attributable to shareholders decreased to CNY 23.27 billion as of March 31, 2024, from CNY 23.64 billion as of December 31, 2023, a decline of approximately 1.58%[17]. Cash Flow - The net cash flow from operating activities was ¥2,581,878,991.30, a decrease of 25.45% year-on-year[4]. - The net cash flow from operating activities for Q1 2024 was ¥2,581,878,991.30, down from ¥3,463,369,218.51 in Q1 2023[21]. - The net cash flow from investing activities for Q1 2024 was ¥340,473,252.23, a recovery from a loss of -¥2,931,436,194.37 in Q1 2023[21]. - The net cash flow from financing activities for Q1 2024 was -¥1,434,959,631.90, compared to -¥5,258,010,327.61 in Q1 2023, showing an improvement[23]. - The total cash and cash equivalents at the end of Q1 2024 amounted to ¥25,256,454,978.49, up from ¥11,718,419,999.85 at the end of Q1 2023[23]. - The cash received from operating activities in Q1 2024 totaled ¥4,812,127,770.48, compared to ¥8,077,670,977.90 in Q1 2023[21]. - The cash outflow from operating activities in Q1 2024 was ¥2,230,248,779.18, down from ¥4,614,301,759.39 in Q1 2023[21]. - The cash inflow from investment activities in Q1 2024 was ¥7,574,969,960.75, compared to ¥775,929,899.36 in Q1 2023[21]. - The cash inflow from financing activities in Q1 2024 was ¥2,742,085,500.00, compared to ¥1,359,535,231.77 in Q1 2023[23]. Shareholder Information - The top ten shareholders include Hubei Hongtai Group Co., Ltd. with 1,199,447,290 shares, accounting for a significant portion of the total shares[10]. - The company has engaged in securities lending, with Wuhan Commercial Group lending 86,000,000 shares, which is 0.99% of its total shares[11]. - China Construction Bank's fund lent 3,952,500 shares, representing 0.05% of its total shares[11]. - The total number of shares held by Tianfeng Securities' repurchase account at the end of the reporting period was 11,237,500 shares, accounting for 0.07%[12]. - The company has not reported any significant changes in shareholder relationships or actions during the quarter[14]. Strategic Developments - The report indicates that the company has not disclosed any new strategies or product developments during this quarter[15]. - There were no new products or technologies introduced in this reporting period[15].