TINCI(002709)2025-04-22 10:40Financial Performance - The company's revenue for Q1 2025 reached ¥3,488,655,637.67, representing a 41.64% increase compared to ¥2,463,055,780.57 in the same period last year[4] - Net profit attributable to shareholders was ¥149,618,189.51, up 30.80% from ¥114,391,149.88 year-on-year[4] - Basic earnings per share increased to ¥0.08, reflecting a growth of 33.33% from ¥0.06 in the previous year[11] - Net profit for the current period was ¥147,370,070.79, compared to ¥113,652,481.20 in the previous period, marking an increase of approximately 29.6%[20] - The company reported a comprehensive income total of ¥152,926,744.42, up from ¥116,732,812.44, marking an increase of about 30.9%[20] Cash Flow - The net cash flow from operating activities was -¥122,383,425.18, a significant decline of 656.58% compared to ¥21,988,431.67 in Q1 2024[13] - Operating cash flow for the current period is -122,383,425.18 CNY, a decrease from 21,988,431.67 CNY in the previous period[22] - Total cash inflow from operating activities is 1,309,174,800.15 CNY, down from 1,405,855,277.46 CNY year-over-year[22] - Cash outflow from operating activities increased to 1,431,558,225.33 CNY from 1,383,866,845.79 CNY in the previous period[22] - Investment activities generated a net cash flow of -433,077,031.38 CNY, an improvement from -485,044,947.67 CNY last year[22] - Cash inflow from financing activities totaled 804,375,386.67 CNY, compared to 989,910,000.00 CNY in the previous period[23] - Net cash flow from financing activities decreased to 293,684,605.30 CNY from 456,201,856.24 CNY year-over-year[23] - The ending cash and cash equivalents balance is 1,336,843,057.94 CNY, down from 2,280,653,536.98 CNY in the previous period[23] Assets and Liabilities - Total assets at the end of Q1 2025 were ¥24,262,053,677.00, a 1.29% increase from ¥23,953,389,261.08 at the end of the previous year[4] - Current liabilities totaled ¥6,011,371,243.74, compared to ¥5,875,862,501.50 in the previous period, reflecting an increase of about 2.3%[18] - Non-current liabilities increased to ¥4,878,984,691.48 from ¥4,752,956,136.30, representing a growth of approximately 2.7%[18] - The total equity attributable to shareholders of the parent company was ¥13,153,708,291.42, slightly up from ¥13,103,593,054.20, indicating a growth of about 0.4%[18] Shareholder Information - The total number of common shareholders at the end of the reporting period is 188,890[14] - The largest shareholder, Xu Jinfu, holds 36.50% of the shares, totaling 698,668,092 shares[14] - The top ten shareholders collectively hold a significant portion of the company's shares, with the largest shareholder alone holding over one-third[14] - The company has not reported any changes in the participation of major shareholders in margin trading or securities lending[15] - There are no significant changes in the number of preferred shareholders or their holdings reported[15] Research and Development - Research and development expenses surged by 66.55% to ¥228,030,530.98, driven by new R&D projects[11] - Research and development expenses rose to ¥228,030,530.98 from ¥136,917,425.02, indicating a growth of about 66.5%[19] Financial Expenses and Income - The company reported a 300.57% increase in contract liabilities, reaching ¥130,148,131.33, due to a rise in customer prepayments[8] - The company's financial expenses rose by 34.09% to ¥58,321,269.14, attributed to decreased interest income and increased foreign exchange losses[11] - The company experienced an 86.14% decline in investment income, totaling ¥1,585,605.33, due to reduced returns from associates[11] Other Financial Metrics - Total operating revenue for the current period reached ¥3,488,655,637.67, a significant increase from ¥2,463,055,780.57 in the previous period, representing a growth of approximately 41.5%[19] - Total operating costs increased to ¥3,303,840,860.89 from ¥2,372,105,957.38, reflecting a rise of about 39.2%[19] - The company did not undergo an audit for the first quarter report[24] - The company has not disclosed any new strategies or developments in product or technology during this reporting period[15]