TFE(SH:600237)2015-04-28 16:00Financial Performance - Operating revenue for the period was CNY 181,782,176.02, representing an increase of 11.46% year-on-year[6] - Net profit attributable to shareholders was CNY 4,695,676.77, a significant recovery from a loss of CNY 2,737,641.45 in the same period last year[6] - The weighted average return on equity improved by 0.513 percentage points to 0.3308%[6] - Operating profit for Q1 2015 was CNY 4,124,861.08, a significant recovery from a loss of CNY 4,910,243.92 in Q1 2014[27] - Net profit attributable to the parent company for Q1 2015 was CNY 4,695,676.77, compared to a net loss of CNY 2,737,641.45 in the same period last year[27] - The net profit for Q1 2015 was CNY 1,226,387.75, a significant recovery from a net loss of CNY 3,861,131.25 in the same period last year[29] Cash Flow - The net cash flow from operating activities increased by 109.85% to CNY 37,798,028.77 compared to the same period last year[6] - The net cash flow from operating activities was CNY 37,798,028.77, an increase of 109.9% compared to CNY 18,012,133.22 in the previous year[31] - The total cash outflow from operating activities was CNY 196,049,008.10, a decrease of 24.3% compared to CNY 258,812,127.59 in the previous year[31] - The company reported a net cash outflow from investing activities of CNY 14,638,922.57, an improvement from a net outflow of CNY 27,998,900.71 in the previous year[32] - The net cash flow from financing activities was a negative CNY 30,762,004.64, compared to a positive CNY 225,091,792.47 in the same period last year[32] - The ending cash and cash equivalents balance was CNY 301,159,051.54, down from CNY 654,102,347.25 in the previous year[32] Assets and Liabilities - Total assets increased by 2.52% to CNY 2,169,633,135.61 compared to the end of the previous year[6] - Current assets totaled ¥1,061,070,405.09, slightly up from ¥1,026,696,287.17[20] - The company reported a total liability of ¥705,969,575.85, compared to ¥624,443,936.49 previously[21] - Total liabilities rose to CNY 626,739,735.23, compared to CNY 458,485,024.67 at the beginning of the year, indicating an increase of 36.7%[24] - The company's cash and cash equivalents stood at ¥376,392,195.31, up from ¥364,446,329.26[20] - The company's cash and cash equivalents decreased to CNY 282,113,933.16 from CNY 294,827,042.95, a decline of 4.9%[24] Shareholder Information - The number of shareholders at the end of the reporting period was 38,536[9] - The largest shareholder, Anhui Tongfeng Electronic Group Co., Ltd., held 16.76% of the shares, with 94,561,280 shares pledged[9] Inventory and Prepayments - Accounts receivable decreased by 47.29% to CNY 71,407,472.91 due to increased settlements during the period[10] - Prepaid accounts increased by 162.74% to CNY 38,151,014.40, primarily due to prepayments for materials[10] - Inventory levels increased to CNY 166,371,389.09 from CNY 130,658,798.32, representing a growth of 27.3%[24] Investment Activities - The company invested ¥70 million in Anhui Zhongwei Optoelectronic Materials Co., increasing its stake to 70%[15] - The investment agreement with Jiangwei Precision was terminated due to undisclosed liabilities, with the 70% stake in Zhongwei being repurchased[16] Other Financial Metrics - The company reported a basic and diluted earnings per share of CNY 0.00832 for Q1 2015, compared to a loss per share of CNY 0.00485 in Q1 2014[27] - The total equity attributable to shareholders was CNY 1,412,431,056.17, slightly up from CNY 1,411,204,668.42 at the beginning of the year[25] - Cash received from sales of goods and services was CNY 226,800,647.90, down 15.6% from CNY 268,776,433.15 in the previous period[31] - Cash inflow from financing activities was CNY 313,000,000.00, down 24.4% from CNY 414,000,000.00 in the previous period[32] - The company has not reported any new product developments or market expansion strategies in this quarter[29]