TCKG(SH:600112)2019-04-26 16:00Financial Performance - Net profit attributable to shareholders increased by 244.08% to CNY 30,124,156.23 from a loss of CNY 20,908,204.74 in the same period last year[5] - Basic earnings per share increased by 244.04% to CNY 0.0592 from a loss of CNY 0.0411 in the same period last year[5] - The company reported a total comprehensive income of CNY 30,123,951.60 for Q1 2019, compared to CNY 66,252,178.44 in Q1 2018[28] - Operating profit for Q1 2019 was CNY 30,310,152.62, compared to an operating loss of CNY 21,777,296.89 in Q1 2018[27] - The company reported a net profit of ¥123,180,722.01 in retained earnings, an increase from ¥93,056,565.78[22] Revenue and Costs - Operating revenue fell by 59.83% to CNY 40,952,868.38 compared to CNY 101,953,938.40 in the previous year[5] - The company's operating revenue decreased by 59.83% to CNY 40,952,868.38 compared to CNY 101,953,938.40 in the previous period[11] - Total operating revenue for Q1 2019 was CNY 40,952,868.38, a decrease of 59.9% compared to CNY 101,953,938.40 in Q1 2018[27] - The operating costs also fell by 52.13% to CNY 33,767,100.41 from CNY 70,536,122.30 in the previous period[11] - Total operating costs for Q1 2019 were CNY 61,301,653.72, down 50.8% from CNY 124,591,480.97 in Q1 2018[27] Cash Flow - Net cash flow from operating activities decreased by 165.81% to -CNY 6,683,659.08 from CNY 10,155,972.99 in the same period last year[5] - The net cash flow from operating activities dropped by 165.81% to CNY -6,683,659.08, primarily due to a decrease in cash collection from customers[12] - In Q1 2019, the company reported a net cash flow from operating activities of -6,683,659.08 RMB, a decrease from 10,155,972.99 RMB in Q1 2018, indicating a decline of approximately 165.9% year-over-year[33] - The company reported a significant reduction in cash inflows from operating activities, totaling 74,313,751.66 RMB in Q1 2019, down 63.7% from 204,979,134.48 RMB in Q1 2018[34] Assets and Liabilities - Total assets decreased by 1.50% to CNY 2,427,978,772.82 compared to the end of the previous year[5] - Current assets totaled ¥841,467,779.76, up from ¥730,085,326.57 year-over-year[20] - Non-current assets decreased to ¥1,586,510,993.06 from ¥1,734,743,727.79[21] - Total liabilities were reported at ¥1,214,579,043.85, compared to ¥1,245,900,788.91 in the previous period[22] - Total liabilities decreased to CNY 877,247,051.56 in Q1 2019 from CNY 891,429,509.44 in Q1 2018, reflecting a reduction of 1.5%[27] Shareholder Information - The total number of shareholders reached 50,747 by the end of the reporting period[9] - The largest shareholder, Yinhe Tiancheng Group Co., Ltd., holds 93,403,800 shares, accounting for 18.34% of total shares[10] Other Financial Information - Non-operating income included government subsidies amounting to CNY 1,549,159.64[6] - The company reported a total non-recurring gains and losses of CNY 50,452,156.12 for the period[5] - The company has provided guarantees for loans amounting to CNY 92,301,000, which represents 7.99% of the latest audited net assets[14] - The total amount of litigation (arbitration) faced by the company is approximately CNY 44,635,280, accounting for 38.63% of the latest audited net assets[15] - The company reported a 100% increase in fair value changes, amounting to CNY 49,089,197.50, attributed to the implementation of new financial instrument accounting standards[12]