TPC(SZ:002134)2014-10-29 16:00Financial Performance - Operating revenue for the reporting period was CNY 146,443,775.15, an increase of 9.28% year-on-year [6]. - Net profit attributable to shareholders was a loss of CNY 1,893,935.00, a decrease of 77.99% compared to the same period last year [6]. - Net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 5,577,502.74, a decrease of 50.58% year-on-year [6]. - The weighted average return on net assets was -0.33%, down 1.17 percentage points from the previous year [6]. - The net cash flow from operating activities for the year-to-date was -CNY 5,069,315.33, a decrease of 114.57% compared to the same period last year [6]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,257 [9]. - The largest shareholder, Tianjin Zhonghuan Electronic Information Group Co., Ltd., held 25.35% of the shares [9]. - The second largest shareholder, Tianjin International Investment Co., Ltd., held 22.97% of the shares [9]. Asset and Liability Changes - Total assets at the end of the reporting period were CNY 789,513,008.42, a decrease of 1.88% compared to the end of the previous year [6]. - Accounts receivable decreased by 99.11% to 10.00 million due to a reduction in unendorsed or accepted bank acceptance bills [14]. - Other current assets increased by 1385.81% to 310.46 million, primarily due to an increase in equipment maintenance fees and refundable tax amounts [14]. - Short-term borrowings decreased by 56.79% to 2,321.86 million as some borrowings were repaid [14]. - Operating tax and additional charges increased by 140.13% to 448.93 million due to higher VAT-related taxes paid [14]. Cash Flow Analysis - Net cash flow from operating activities decreased by 114.57% to -506.93 million, attributed to a decline in cash received from sales revenue [14]. - Net cash flow from investing activities improved by 181.27% to 1,927.08 million due to reduced fixed asset investments [14]. Future Outlook and Strategic Measures - The company expects to turn a profit in 2014, with a projected net profit of 800 to 1,400 million, compared to a loss of 4,827.15 million in 2013 [18]. - The company has taken measures to optimize organizational structure and strengthen market development, which have shown initial results [18]. - The company transferred part of its land use rights and buildings in the first half of 2014 to enhance cash flow [18]. - The company has not engaged in any securities investments during the reporting period [19].