TCICL(SH:600281)2015-04-27 16:00Financial Performance - Net profit attributable to shareholders was a loss of CNY 8,029,324.97, a significant improvement from a loss of CNY 17,088,417.70 in the same period last year[5] - Operating revenue fell by 55.15% to CNY 336,808,745.98, primarily due to a decline in logistics trade business[11] - Operating costs decreased by 55.46% to CNY 329,637,851.52, reflecting the same market conditions affecting revenue[11] - Management expenses were reduced by 63.19% to CNY 5,840,187.79, attributed to a decrease in daily operational costs[11] - Operating profit for the current period is -¥8,895,605.38, an improvement from -¥14,849,403.79 in the previous period[21] - Net profit for the current period is -¥8,445,242.66, compared to -¥16,917,196.23 in the previous period, indicating a 50.16% reduction in losses[21] - Basic earnings per share for the current period is -¥0.0168, improved from -¥0.0329 in the previous period[21] - Total comprehensive income for the current period is -¥8,445,242.66, an improvement from -¥16,917,196.23 in the previous period[21] Assets and Liabilities - Total assets decreased by 2.52% to CNY 2,475,490,234.79 compared to the end of the previous year[5] - Total current assets decreased from CNY 1,307,615,854.40 to CNY 1,244,408,571.08, a decline of approximately 4.83%[15] - Cash and cash equivalents decreased from CNY 327,133,881.96 to CNY 247,734,353.16, a decrease of about 24.29%[15] - Accounts receivable increased significantly from CNY 9,533,480.02 to CNY 64,145,466.90, an increase of approximately 573.36%[15] - Total liabilities decreased from CNY 1,827,744,538.00 to CNY 1,772,205,798.42, a reduction of about 3.04%[16] - Total equity decreased from CNY 711,840,410.24 to CNY 703,284,436.37, a decrease of about 1.56%[16] - Short-term borrowings decreased from CNY 121,000,000.00 to CNY 100,000,000.00, a decline of approximately 17.36%[16] - Accounts payable decreased from CNY 510,434,961.04 to CNY 474,800,368.75, a decrease of about 6.97%[16] Cash Flow - Cash flow from operating activities showed an improvement, with a net cash outflow of CNY 14,239,050.71 compared to CNY 24,878,328.76 in the previous year[5] - Operating cash inflow for the current period was CNY 303,631,559.32, down 47.5% from CNY 578,742,543.65 in the previous period[26] - Net cash flow from operating activities was negative CNY 14,239,050.71, an improvement from negative CNY 24,878,328.76 in the previous period[26] - Cash inflow from financing activities was CNY 20,000,000.00, significantly lower than CNY 171,000,000.00 in the previous period, a drop of 88.3%[26] - Net cash flow from financing activities was negative CNY 26,101,495.53, contrasting with a positive CNY 30,024,158.72 last period[26] - Cash and cash equivalents at the end of the period totaled CNY 18,250,088.92, down 48.5% from CNY 35,425,457.56 in the previous period[26] Non-Operating Income and Expenses - Non-operating income surged by 2374.48% to CNY 5,903,664.06, mainly due to increased special subsidies[11] - Non-operating expenses rose by 148.79% to CNY 5,452,332.84, primarily due to increased losses from work stoppages[11] - Other income for the current period is ¥5,903,664.06, compared to ¥238,582.38 in the previous period, showing a substantial increase[21] Shareholder Information - The number of shareholders increased to 24,803, with the largest shareholder holding 46.59% of the shares[9] Operational Highlights - The company has not reported any new products or technologies, market expansions, or mergers and acquisitions in the current financial report[21]