TKD(SH:603738)2021-04-14 16:00Financial Performance - Net profit attributable to shareholders reached CNY 38,151,034.12, a significant turnaround from a loss of CNY 9,437,340.79 in the same period last year[6] - Operating revenue surged by 245.47% to CNY 251,200,335.86 compared to CNY 72,712,729.98 in the previous year[6] - Operating profit for Q1 2021 was ¥42,814,733.00, compared to a loss of ¥9,257,899.64 in Q1 2020, indicating a turnaround in profitability[20] - Net profit for Q1 2021 amounted to ¥36,584,249.30, recovering from a net loss of ¥10,092,992.19 in the same period last year[21] - The net profit for the current period was ¥36,584,249.30, a substantial improvement from a net loss of ¥10,092,992.19 in the previous year[12] - The total comprehensive income for Q1 2021 was ¥23,175,778.64, compared to a comprehensive loss of ¥8,643,426.50 in Q1 2020[24] Cash Flow - Net cash flow from operating activities increased by 108.04% to CNY 33,534,110.20 compared to CNY 16,118,903.51 in the same period last year[6] - Cash flow from operating activities increased by 81.66% to ¥175,991,034.13, reflecting higher sales revenue[12] - Cash received from sales of goods and services was CNY 114,576,414.73, a 61.0% increase from CNY 71,091,072.89 in Q1 2020[30] - Cash outflow for investment activities totaled CNY 108,544,618.99, significantly higher than CNY 24,052,690.88 in Q1 2020[30] - Cash inflow from financing activities was CNY 84,000,000.00, compared to CNY 35,000,000.00 in Q1 2020, marking a 140.0% increase[30] Assets and Liabilities - Total assets increased by 3.69% to CNY 1,429,141,739.10 compared to the end of the previous year[6] - The company's total liabilities increased significantly, with other payables rising by 148.39% to ¥89,682,689.48, primarily due to payments owed to Taiwan Hwaqiang Crystal Technology Co., Ltd.[11] - Total liabilities rose to RMB 568,458,996.63 from RMB 480,916,838.86, marking an increase of about 18.2%[16] - The company's equity attributable to shareholders increased to RMB 849,075,629.37 from RMB 813,632,909.77, reflecting a growth of approximately 4.3%[16] - The company's total liabilities increased to ¥557,382,606.68 in Q1 2021, up from ¥433,555,830.35 in Q1 2020, reflecting a rise of approximately 28.6%[18] Shareholder Information - The total number of shareholders reached 20,113, indicating a growing interest in the company[9] - The top shareholder, Yu Xindong, holds 29.35% of the shares, with 28,540,000 shares pledged[9] Research and Development - Research and development expenses increased by 52.48% to ¥11,446,115.15, indicating a commitment to enhancing R&D investments[11] - Research and development expenses for Q1 2021 were ¥11,446,115.15, compared to ¥7,506,438.91 in Q1 2020, indicating an increase of approximately 52.5%[20] Operational Costs - Operating costs rose to ¥173,285,701.95, reflecting a 192.18% increase, driven by higher production volumes[11] - The total operating costs for Q1 2021 were ¥206,030,935.15, up from ¥77,922,381.02 in Q1 2020, reflecting a growth of about 164.5%[20] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[13] - The company has not disclosed any new product developments or market expansion strategies in this report[10]