TCKG(SH:600112)2020-04-28 16:00Financial Performance - Operating revenue for the current period was CNY 16,264,374.87, representing a decline of 60.29% year-on-year[5] - Net profit attributable to shareholders of the listed company was a loss of CNY 26,285,942.55, a decrease of 187.26% compared to the same period last year[5] - Basic and diluted earnings per share were both CNY -0.0516, a decrease of 187.16% year-on-year[5] - Non-recurring gains and losses for the period totaled CNY -2,649,461.17[9] - The company reported a loss from non-operating income of CNY -5,148,638.77, impacting overall financial performance[8] - Total operating revenue for Q1 2020 was CNY 16,264,374.87, a decrease of 60.3% compared to CNY 40,952,868.38 in Q1 2019[27] - Net loss for Q1 2020 amounted to CNY -26,285,942.55, compared to a net profit of CNY 30,123,951.60 in Q1 2019[28] - The company reported a significant decline in comprehensive income, totaling CNY -26,285,942.55 in Q1 2020 compared to CNY 30,123,951.60 in Q1 2019[29] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,663,663,805.56, a decrease of 1.18% compared to the end of the previous year[5] - Total assets decreased from CNY 1,683,558,465.76 to CNY 1,663,663,805.56, a decline of approximately 1.1%[19] - Current liabilities increased from CNY 885,661,567.46 to CNY 892,796,109.45, an increase of about 0.2%[20] - The total liabilities increased from CNY 1,285,102,848.94 to CNY 1,291,494,131.29, a rise of about 0.5%[20] - The company's equity attributable to shareholders decreased from CNY 398,827,305.08 to CNY 372,541,362.53, a decline of approximately 6.6%[21] - The total current assets decreased from CNY 381,326,724.13 to CNY 366,240,595.11, a decline of about 4%[19] Cash Flow - Cash flow from operating activities improved to a net outflow of CNY 2,348,678.65, a 64.86% reduction in outflow compared to the previous year[5] - The company reported a net cash outflow from operating activities of CNY -2,348,678.65, improving from CNY -6,683,659.08 in the same period last year[34] - The total cash outflow from investing activities was CNY 372,865.00, down from CNY 2,485,605.70 in Q1 2019, resulting in a net cash outflow of CNY -372,865.00[36] - The net cash outflow from financing activities was CNY -1,600,000.00, an improvement from CNY -4,091,175.29 in Q1 2019[36] - The ending cash and cash equivalents balance was CNY 5,009,547.47, down from CNY 43,227,375.83 at the end of Q1 2019[36] Shareholder Information - The total number of shareholders at the end of the reporting period was 37,483[10] - The largest shareholder, Yinhe Tiancheng Group Co., Ltd., held 93,403,800 shares, accounting for 18.34% of total shares[10] Litigation and Assets - As of the report date, the company was involved in 52 litigation and arbitration cases, with a total amount of ¥855.20 million, of which 36 cases remain unresolved[14] - The company has assets worth ¥853.67 million that are currently frozen or seized, representing 34.63% of the total audited assets[15] Other Financial Metrics - The weighted average return on net assets was -6.8154%, a decrease of 9.2559 percentage points compared to the previous year[5] - Financial expenses rose by 45.50% to ¥16,065,806.96, mainly due to increased interest accruals[13] - Research and development expenses decreased to CNY 36,760.28 in Q1 2020 from CNY 75,228.02 in Q1 2019, a reduction of 51.1%[28] - Other receivables decreased from CNY 64,893,004.32 to CNY 60,726,144.32, a decline of about 6.7%[19] - The company's long-term equity investments decreased from CNY 5,007,239.11 to CNY 4,438,623.01, a decline of approximately 11.4%[19] - Inventory rose from CNY 92,757,948.46 to CNY 115,835,971.45, reflecting an increase of approximately 25%[19]