TWH(002512)2023-04-27 16:00Financial Performance - The company's revenue for Q1 2023 was ¥678,174,466.18, representing a 98.08% increase compared to ¥342,377,964.14 in the same period last year[7]. - The net profit attributable to shareholders was ¥4,621,609.82, a significant turnaround from a loss of ¥38,450,055.99 in Q1 2022, marking a 112.02% improvement[7]. - Total operating revenue for the current period reached ¥678,174,466.18, a significant increase from ¥342,377,964.14 in the previous period, representing a growth of approximately 98.1%[26]. - The total profit for Q1 2023 was 6,924,754.86 CNY, compared to a loss of 42,387,092.14 CNY in the same period last year[27]. - The net profit attributable to the parent company was 4,621,609.82 CNY, a decrease from a loss of 38,450,055.99 CNY year-over-year[27]. - Operating profit for the current period was ¥6,906,078.27, a turnaround from a loss of ¥42,808,994.16 in the previous period[26]. - The basic and diluted earnings per share were both 0.0042 CNY, compared to -0.0351 CNY and -0.0347 CNY respectively in the previous year[27]. Cash Flow and Liquidity - The net cash flow from operating activities improved by 60.81%, with a net outflow of ¥16,127,741.28 compared to ¥41,151,872.49 in the previous year[11]. - Cash flow from operating activities was -16,127,741.28 CNY, an improvement from -41,151,872.49 CNY in the prior year[28]. - The company reported a net cash outflow from investing activities of -129,221,048.90 CNY, compared to -30,405,360.65 CNY in the same period last year[28]. - The net cash inflow from financing activities was 58,029,137.31 CNY, a significant recovery from a net outflow of -46,959,473.54 CNY in the previous year[34]. - The company received 2,650,498.96 CNY in tax refunds, compared to 0.00 CNY in the previous year[28]. - The company's cash and cash equivalents decreased to ¥230,879,362.92 from ¥344,736,207.26, representing a decline of approximately 33%[18]. - Total cash and cash equivalents at the end of the period were 215,217,582.27 CNY, down from 395,454,911.00 CNY at the end of the previous year[34]. Assets and Liabilities - The company's total assets decreased by 7.31% to ¥4,499,515,310.13 from ¥4,854,373,420.38 at the end of the previous year[7]. - Total current assets decreased to ¥915,223,052.38 from ¥1,296,794,476.08, a decrease of around 29%[18]. - The total liabilities decreased to ¥3,012,969,938.38 from ¥3,368,629,069.66, a reduction of approximately 10.6%[22]. - Non-current liabilities totaled ¥878,211,647.49, down from ¥985,983,068.62, indicating a decrease of about 10.9%[22]. - The company's inventory decreased by 47.70% to ¥277,579,472.39, attributed to the recognition of costs related to large system integration projects[11]. - Accounts receivable decreased to ¥200,577,374.92 from ¥244,346,772.61, a reduction of about 18%[18]. - The company's total comprehensive income for the period was 806,276.91 CNY, compared to a loss of 39,422,095.71 CNY in the same period last year[27]. Income and Expenses - Total operating costs amounted to ¥681,192,610.44, compared to ¥393,906,842.51 in the prior period, indicating an increase of about 73.0%[26]. - Research and development expenses were ¥24,848,028.51, up from ¥22,316,234.80, reflecting a growth of approximately 11.4%[26]. - Financial expenses decreased to ¥12,172,679.37 from ¥15,843,767.92, a reduction of about 23.5%[26]. - Investment income for the current period was ¥704,914.37, compared to ¥1,827,143.87 in the previous period, showing a decline of about 61.5%[26]. - The company reported a significant increase in other income, which rose by 459.52% to ¥10,282,801.08, primarily due to the recognition of deferred income[11]. - Other income increased significantly to ¥10,282,801.08 from ¥1,837,790.52, marking a growth of approximately 460.5%[26]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 76,655, indicating a stable shareholder base[12]. - The company approved a non-public issuance of A-shares, pending regulatory approval, which carries certain risks[16].