TKD(SH:603738)2019-04-26 16:00Financial Performance - Net profit attributable to shareholders was CNY -1,183,777.75, representing a decline of 109.36% year-on-year[6]. - Operating revenue for the period was CNY 132,643,835.16, down 5.57% from the same period last year[6]. - Basic earnings per share were CNY -0.0075, a decline of 109.42% year-on-year[6]. - Operating profit decreased by 108.04% to -¥1,523,215.16, attributed to a decline in revenue and gross profit[14]. - Net profit fell by 109.25% to -¥1,409,675.98, mainly due to a decrease in revenue and gross profit[14]. - Total operating revenue for Q1 2019 was ¥132.64 million, a decrease of 5.9% compared to ¥140.47 million in Q1 2018[24]. - Operating profit for Q1 2019 was a loss of ¥1.52 million, compared to a profit of ¥18.95 million in Q1 2018[24]. - Net profit for Q1 2019 was a loss of ¥1.41 million, down from a profit of ¥15.23 million in Q1 2018[25]. - The total profit for Q1 2019 was a loss of ¥1.39 million, compared to a profit of ¥19.18 million in Q1 2018[24]. - The company’s total comprehensive income for Q1 2019 was a loss of ¥1.41 million, compared to a profit of ¥15.23 million in Q1 2018[25]. Cash Flow - The net cash flow from operating activities was CNY 24,139,432.27, an increase of 239.92% compared to the previous year[6]. - The company reported a significant increase in cash flow from operating activities, indicating improved operational efficiency despite a decline in net profit[6]. - Cash flow from operating activities improved by 239.92% to ¥24,139,432.27, driven by increased sales collections and reduced purchase expenditures[15]. - The net cash flow from operating activities was ¥39,367,638.83, a recovery from a negative cash flow of ¥108,094,566.32 in Q1 2018[33]. - The cash outflow for purchasing goods and services was reduced to ¥23,578,587.42 from ¥51,830,271.20, marking a decrease of 54.5%[33]. - The total cash outflow from operating activities decreased to ¥117,601,701.83 from ¥146,422,741.06, reflecting a reduction of approximately 19.6%[30]. - The cash flow from investing activities showed a net outflow of ¥18,465,671.04, compared to a larger outflow of ¥126,405,210.06 in Q1 2018, indicating a decrease of 85.3%[31]. - Cash inflow from financing activities was recorded at ¥31,950,000.00, while cash outflow totaled ¥33,080,147.47, resulting in a net cash flow of -¥1,130,147.47[31]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,185,559,879.05, a decrease of 0.89% compared to the end of the previous year[6]. - Total current liabilities amounted to CNY 281,357,123.84, a decrease from CNY 287,446,706.10 in the previous period, reflecting a reduction of approximately 0.38%[18]. - Total non-current liabilities increased slightly to CNY 179,846,811.16 from CNY 177,675,316.49, representing an increase of about 1.31%[18]. - Total liabilities reached CNY 461,203,935.00, down from CNY 465,122,022.59, indicating a decrease of approximately 0.20%[18]. - Total assets decreased from ¥1,196,196,610.13 to ¥1,185,559,879.05, reflecting a slight decline in both current and non-current assets[17]. - Total current assets decreased by 6,337,376.49 to 539,354,209.19 as of December 31, 2018[35]. - Total non-current assets increased by 1,023,088.62 to 656,842,400.94, primarily due to deferred tax assets[35]. - Total liabilities remained unchanged at 465,122,022.59, with current liabilities totaling 287,446,706.10[36]. - The total liabilities and equity combined were CNY 1,185,559,879.05, down from CNY 1,196,196,610.13, indicating a decrease of about 0.88%[18]. Shareholder Information - The total number of shareholders at the end of the reporting period was 12,541[11]. - The largest shareholder, Yu Xindong, held 42.58% of the shares, with 67,592,000 shares pledged[11]. - Total equity attributable to shareholders decreased to CNY 630,558,178.54 from CNY 636,831,084.47, a decrease of about 0.43%[18]. - The company's retained earnings decreased to CNY 232,982,156.56 from CNY 239,260,382.87, reflecting a decline of approximately 2.62%[18]. Other Financial Metrics - Non-recurring gains and losses totaled CNY 1,343,735.71 for the period[9]. - The company received government subsidies amounting to ¥3,136,210.25, an increase of 61.78% compared to the previous year[15]. - Investment income surged by 298.54% to ¥29,595.04, due to increased profits from associated companies[14]. - The company reported a significant increase in asset impairment losses by 125.59% to ¥3,899,782.25, primarily due to increased inventory impairment[14]. - The company experienced an asset impairment loss of ¥3.90 million in Q1 2019, compared to ¥1.73 million in Q1 2018[24]. - The company reported an increase in R&D expenses to ¥5.28 million in Q1 2019, up from ¥4.14 million in Q1 2018[24].