TPC(SZ:002134)2016-04-29 16:00Financial Performance - Revenue for Q1 2016 was CNY 80,878,738.62, a decrease of 17.13% compared to CNY 97,592,307.57 in the same period last year[7] - Net profit attributable to shareholders was a loss of CNY 16,082,983.98, representing a decline of 103.90% from a loss of CNY 7,887,704.87 in the previous year[7] - Net cash flow from operating activities decreased by 89.77% to CNY 2,301,981.00 from CNY 22,499,744.23 year-on-year[7] - The weighted average return on net assets was -3.13%, a decrease of 1.71% compared to -1.42% in the previous year[7] - The company experienced a net loss of CNY 16,082,983.98, which led to a 34.53% decrease in undistributed profits[16] - The company expects a net loss for the first half of 2016, with projected net profit ranging from -30 million to -15 million CNY[19] - The net profit attributable to shareholders for the first half of 2015 was -19.1562 million CNY[19] - The anticipated loss is attributed to a decline in customer orders, leading to underutilization of production capacity[19] Assets and Shareholder Information - Total assets at the end of the reporting period were CNY 676,672,397.66, down 5.77% from CNY 718,130,626.89 at the end of the previous year[7] - The number of ordinary shareholders at the end of the reporting period was 18,472[11] - The top two shareholders, Tianjin Zhonghuan Electronic Information Group Co., Ltd. and Tianjin Jinrong Investment Service Group Co., Ltd., held 25.35% and 21.35% of shares, respectively[11] Cash Flow and Debt Management - Short-term borrowings were fully repaid, resulting in a 100% decrease of CNY 20,578,352.11[16] - The company reported a significant increase in prepayments by 224.27% to CNY 1,673,430.16 due to increased daily prepayments[16] Compliance and Commitments - The company has no non-operating fund occupation by controlling shareholders or related parties during the reporting period[21] - There were no violations regarding external guarantees during the reporting period[20] - The company has fulfilled its commitments made in previous reports, including avoiding competition in the same industry[18] - The company is currently in the process of fulfilling its commitments related to acquisitions and asset restructuring[18] Corporate Governance - The chairman of the company is Qu Defu[23] Research and Communication Activities - No research, communication, or interview activities were conducted during the reporting period[22] Future Reporting - The specific financial data for the first half of 2016 will be detailed in the company's semi-annual report[19]