TCICL(SH:600281)2025-04-25 12:10Financial Performance - The company's operating revenue for Q1 2025 reached ¥92,412,428.25, representing a 120.89% increase compared to ¥41,836,553.69 in the same period last year[3] - The net profit attributable to shareholders was ¥98,815,223.73, a significant recovery from a loss of ¥25,868,125.23 in the previous year[3] - The basic earnings per share increased to ¥0.1921 from a loss of ¥0.0503 in the same period last year[3] - Total operating revenue for Q1 2025 reached $92.41 million, a significant increase from $41.84 million in Q1 2024, representing a growth of 120.4%[17] - The net profit for Q1 2025 was $98.82 million, compared to a net loss of $25.87 million in Q1 2024, marking a turnaround of $124.69 million[18] - The operating profit for Q1 2025 was $99.02 million, contrasting with an operating loss of $23.92 million in Q1 2024[18] - The company reported a basic and diluted earnings per share of $0.1921 for Q1 2025, recovering from a loss per share of -$0.0503 in Q1 2024[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,005,319,709.70, up 16.68% from ¥861,574,055.63 at the end of the previous year[4] - Total liabilities as of March 31, 2025, were RMB 845,257,126.29, compared to RMB 800,494,756.18 at the end of 2024, showing an increase of about 5.6%[14] - The company's total assets reached RMB 1,005,319,709.70, up from RMB 861,574,055.63, marking an increase of approximately 16.7%[14] - The company's total non-current assets decreased slightly to RMB 617,581,179.94 from RMB 642,866,895.75, a decline of about 3.9%[13] Shareholder Equity - The equity attributable to shareholders increased by 162.06% to ¥160,062,583.41 from ¥61,079,299.45 at the end of the previous year[4] - The company's total equity attributable to shareholders improved to RMB 160,062,583.41 from RMB 61,079,299.45, representing a significant increase of approximately 162.3%[14] Cash Flow - The company reported a net cash flow from operating activities of -¥42,223,140.23, worsening from -¥8,520,870.96 in the same period last year[3] - Cash flow from operating activities in Q1 2025 was negative at -$42.22 million, worsening from -$8.52 million in Q1 2024[22] - Cash flow from investing activities generated a net inflow of $57.31 million in Q1 2025, compared to a net outflow of $2.23 million in Q1 2024[23] - Cash flow from financing activities resulted in a net inflow of $13.18 million in Q1 2025, down from $43.12 million in Q1 2024[23] Current Assets - As of March 31, 2025, the company's total current assets amounted to RMB 387,738,529.76, a significant increase from RMB 218,707,159.88 on December 31, 2024, representing a growth of approximately 77.5%[12] - The company's cash and cash equivalents increased to RMB 62,927,224.70 from RMB 34,660,937.32, reflecting an increase of about 81.5%[12] - Accounts receivable rose to RMB 122,237,781.44, up from RMB 61,326,505.36, indicating a growth of approximately 99.5%[12] - The company's inventory increased to RMB 95,785,666.12 from RMB 87,607,557.32, reflecting a growth of approximately 9.3%[12] Other Financial Metrics - Non-recurring gains and losses totaled ¥125,379,618.88, primarily due to asset disposal gains and government subsidies[5] - The company experienced a 927.23% increase in receivables financing, mainly due to an increase in bank acceptance bills[6] - The number of ordinary shareholders at the end of the reporting period was 34,358[8] - Total operating costs in Q1 2025 were $120.40 million, up from $68.36 million in Q1 2024, indicating an increase of 76.3%[17] - The company reported a net loss of RMB 992,964,417.40, which is an improvement compared to a net loss of RMB 1,091,779,641.13 in the previous period[14] - The company has no significant changes in the shareholding structure or related party transactions among the top shareholders[10]