TPC(SZ:002134)2017-10-27 16:00Financial Performance - Operating revenue for the reporting period reached CNY 123,092,578.61, a year-on-year increase of 23.58%[7] - Net profit attributable to shareholders was CNY 6,057,044.14, representing a significant increase of 139.37% year-on-year[7] - Basic earnings per share rose to CNY 0.02, a 133.33% increase compared to the same period last year[7] - The company expects to achieve a net profit of between 500 million and 1,500 million for the year 2017, compared to a net loss of 9,882.79 million in 2016[18] Assets and Liabilities - Total assets increased by 3.18% to CNY 638,564,470.40 compared to the end of the previous year[7] - Cash and cash equivalents increased by 39.99% to 9,132.79 million, driven by an increase in short-term borrowings[16] - Accounts receivable rose by 127.58% to 972.00 million, reflecting an increase in retained receivables[16] - Short-term borrowings reached 2,500.00 million, marking a 100.00% increase due to new borrowings during the reporting period[16] Cash Flow - The net cash flow from operating activities was negative at CNY -4,400,994.61, but improved by 47.27% compared to the previous period[7] - Net cash flow from operating activities surged by 223.79% to 793.39 million, due to increased cash inflows related to operating activities[16] - The net increase in cash and cash equivalents was 2,912.22 million, a 198.47% rise influenced by cash flow and exchange rate changes[16] Shareholder Information - The company reported a total of 15,423 common shareholders at the end of the reporting period[11] - The top two shareholders, Tianjin Zhonghuan Electronic Information Group Co., Ltd. and Tianjin Jinrong Investment Service Group Co., Ltd., hold 25.35% and 20.48% of shares respectively[11] - There were no significant changes in the company's shareholder structure or any repurchase transactions during the reporting period[12] Expenses and Financials - Management expenses increased by 50.73% to 2,865.04 million, attributed to higher audit certification and R&D costs[16] - Financial expenses increased by 140.37% to 113.08 million, primarily due to increased exchange losses[16] Government Support and Investments - The company received government subsidies amounting to CNY 101,000 during the reporting period[8] - The company reported a significant decrease in investment income, with a loss of 33.90 million compared to a gain of 6.14 million in the previous year, reflecting losses from associated companies[16] Other Information - The weighted average return on net assets was 1.44%, down 0.48 percentage points from the previous year[7] - The company has no non-operating fund occupation by controlling shareholders or related parties during the reporting period[20]