TAM(SH:603789)2019-04-26 16:00Financial Performance - Operating revenue for the reporting period reached CNY 204,897,223.54, representing a significant increase of 328.80% year-on-year[7]. - Net profit attributable to shareholders was CNY 4,104,541.82, a turnaround from a loss of CNY 14,208,038.12 in the same period last year[7]. - Basic earnings per share were CNY 0.0158, recovering from a loss of CNY 0.0710 per share in the same period last year[7]. - The weighted average return on equity was 0.40%, a significant improvement from -1.32% in the previous year[7]. - Total revenue for the period reached ¥204,897,223.54, a significant increase of 328.80% compared to ¥47,784,115.20 in the same period last year, primarily due to market expansion and increased export business[13]. - The gross profit for Q1 2019 was CNY 3,426,476.22, recovering from a loss of CNY 17,340,027.32 in Q1 2018[27]. - The company reported a net profit of CNY 4,702,676.98 for Q1 2019, recovering from a loss of CNY 15,424,142.43 in Q1 2018[27]. - The net profit for Q1 2019 was ¥2,711,607.67, recovering from a net loss of ¥12,571,804.47 in Q1 2018[31]. - The company's operating profit for Q1 2019 was ¥2,728,441.76, a turnaround from an operating loss of ¥12,647,805.06 in Q1 2018[30]. Cash Flow and Financial Management - The net cash flow from operating activities improved to CNY -24,682,623.76, compared to CNY -91,546,985.73 in the previous year, indicating a substantial reduction in cash outflow[7]. - The company reported a net cash flow from operating activities of -¥24,682,623.76, an improvement from -¥91,546,985.73 in the previous year, indicating better cash collection[14]. - Cash flow from operating activities was ¥165,320,628.79 in Q1 2019, compared to ¥105,082,147.63 in Q1 2018, indicating improved cash generation[33]. - The company incurred financial expenses of -¥333,482.29 in Q1 2019, a decrease from ¥1,526,170.20 in Q1 2018, indicating better financial management[30]. - The company reported a cash balance of CNY 162,727,045.20 as of January 1, 2019[42]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,608,525,279.43, a decrease of 0.45% compared to the end of the previous year[7]. - The total assets decreased slightly to ¥1,608,525,279.43 from ¥1,615,849,005.29, indicating a stable asset base despite operational changes[19]. - Total liabilities decreased to CNY 341,586,983.68 in Q1 2019 from CNY 346,784,284.41 in Q4 2018[24]. - Total liabilities amounted to CNY 518,093,969.92, with current liabilities totaling CNY 487,308,740.34[40]. - The company reported a total asset value of CNY 1,348,965,036.23, with non-current assets accounting for CNY 655,055,390.03[43]. Shareholder Information - The total number of shareholders at the end of the reporting period was 20,587[11]. - The largest shareholder, Huzhou New Home Investment Management Co., Ltd., held 32.98% of the shares[11]. - Total equity attributable to shareholders reached CNY 1,030,118,271.18, while total equity including minority interests was CNY 1,097,755,035.37[41]. Research and Development - Research and development expenses increased by 65.61% to ¥8,695,187.63, reflecting the company's commitment to innovation[14]. - Research and development expenses rose to CNY 8,695,187.63 in Q1 2019, up from CNY 5,250,273.25 in Q1 2018, reflecting a growth of approximately 65.5%[27]. Market Strategy - The company is focusing on expanding its market presence and enhancing product development strategies[12]. - The company plans to continue expanding its market presence and investing in new product development to drive future growth[13].