TFC(SZ:300394)2015-05-04 16:00Financial Performance - Total revenue for Q1 2015 was ¥54,092,195.37, representing a 28.59% increase compared to ¥42,066,689.89 in the same period last year[9]. - Net profit attributable to ordinary shareholders was ¥22,566,486.61, up 33.05% from ¥16,961,480.87 year-on-year[9]. - Operating profit reached CNY 25,841,462.60, up from CNY 19,913,551.22, reflecting a growth of 30.0%[63]. - The net profit for Q1 2015 was RMB 22.57 million, an increase of 33.05% compared to the same period last year[36]. - The total comprehensive income for Q1 2015 was ¥22,950,029.75, compared to ¥16,593,389.92 in the same quarter of the previous year[68]. - Basic earnings per share rose to ¥0.3119, an increase of 8.68% compared to ¥0.2870 in the same period last year[9]. Assets and Liabilities - The company's total assets increased by 109.64% to ¥723,509,427.29 from ¥345,113,633.91 at the end of the previous year[9]. - Total current assets increased to CNY 610,965,560.28 from CNY 238,585,311.48, representing a growth of 156.0%[58]. - Total liabilities increased to CNY 84,493,456.09 from CNY 14,434,509.11, a significant rise of 486.5%[60]. - The company's equity attributable to shareholders rose to RMB 634,625,917.46 from RMB 325,532,838.82, marking an increase of around 95%[57]. Cash Flow - Cash flow from operating activities was ¥18,415,849.71, a 7.37% increase from ¥17,152,497.43 in the previous year[9]. - The company's cash and cash equivalents reached RMB 434.91 million, a significant increase of 479.84% from RMB 75.01 million at the end of 2014[34]. - The net increase in cash and cash equivalents for the period was 360,049,441.40 CNY, compared to a decrease of -3,944,206.27 CNY in the previous period[75]. Expenses - Sales expenses rose by 88.97% to RMB 920,493.69, primarily due to increased overseas exhibition, travel, and promotional expenses[33]. - The company incurred operating costs of ¥22,086,098.08, which is an increase of 18.9% from ¥18,645,313.44 in the previous year[66]. - Financial expenses increased by 63.73% to RMB -509,095.07, mainly due to higher deposit interest[33]. Investments and Future Plans - The company plans to invest ¥28,557 million in expansion and upgrading projects for passive optical devices and the construction of a research and development center[19]. - The company plans to enhance market expansion efforts and improve cost control capabilities to drive future growth[36]. - The investment in the optical passive device expansion and upgrade project is 246.64 million RMB, with no funds utilized to date[47]. Shareholder Information - The total number of shareholders at the end of the reporting period was 9,602[22]. - The company plans to distribute a cash dividend of RMB 5 per 10 shares, based on a total share capital of 74,340,000 shares, totaling RMB 37,170,000[50]. Compliance and Commitments - The company has committed to avoiding related party transactions and ensuring compliance with market pricing principles[45]. - There are no reported changes in the commitments made to minority shareholders, and all commitments have been fulfilled in a timely manner[45]. - The company has established strict procedures for related party transaction reviews to protect shareholder interests[45].