TPC(SZ:002134)2019-04-12 16:00Financial Performance - The company's revenue for Q1 2019 was CNY 108,114,120.95, representing a 7.23% increase compared to CNY 100,826,211.38 in the same period last year[8] - Net profit attributable to shareholders was CNY 440,733.82, a significant turnaround from a loss of CNY 4,922,286.20, marking an increase of 108.95%[8] - Basic and diluted earnings per share improved to CNY 0.0018 from a loss of CNY -0.02, reflecting a 109.00% increase[8] - Net profit for Q1 2019 was CNY 440,733.82, a significant recovery from a net loss of CNY 4,922,393.94 in Q1 2018[35] - Total operating revenue for Q1 2019 was CNY 108,114,120.95, an increase of 7.7% compared to CNY 100,826,211.38 in Q1 2018[34] - Operating profit improved to ¥318,169.82 from a loss of ¥4,882,361.91 in the previous period, indicating a turnaround in operational performance[38] - Total comprehensive income for the current period was ¥440,733.82, recovering from a total comprehensive loss of ¥4,922,124.59 in the previous period[39] Cash Flow and Assets - The net cash flow from operating activities was negative at CNY -1,909,579.79, a decline of 116.62% from CNY 11,488,787.04 in the previous year[8] - Cash and cash equivalents at the end of the period totaled ¥63,751,086.04, down from ¥71,508,178.34 at the beginning of the period[43] - The net cash flow from operating activities was -1,909,579.79 yuan, compared to 11,489,056.39 yuan in the previous period[46] - The total current assets as of March 31, 2019, amounted to 302,502,705.56 CNY, a slight increase from 297,713,700.80 CNY at the end of 2018[27] - Total assets at the end of the reporting period were CNY 583,031,374.91, a slight decrease of 0.41% from CNY 585,441,091.51 at the end of the previous year[8] - The total cash and cash equivalents at the end of the period amounted to 63,708,913.58 yuan, a decrease from 71,466,005.88 yuan at the beginning of the period[46] Liabilities and Equity - Total liabilities decreased to 204,225,805.80 CNY from 207,076,256.22 CNY, showing a decline of approximately 1.4%[29] - The company's equity attributable to shareholders increased slightly to 378,952,357.71 CNY from 378,511,623.89 CNY[29] - The company's equity attributable to shareholders was 378,511,623.89 yuan, with retained earnings showing a deficit of -190,470,982.57 yuan[50] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 15,731, with the top two shareholders holding a combined 45.83% of the shares[11] Operational Metrics - The company reported a gross profit margin of approximately 0.3% for Q1 2019, compared to a negative margin in Q1 2018[34] - The company incurred research and development expenses of ¥3,324,870.69, slightly up from ¥3,295,485.82 in the previous period[38] Compliance and Governance - The company has committed to avoiding competition in the same industry as part of its ongoing compliance efforts[18] - The company has not reported any non-operating fund occupation by controlling shareholders or related parties during the reporting period[21] - There were no violations regarding external guarantees during the reporting period[20] Other Financial Information - The company adopted new financial accounting standards effective January 1, 2019, adjusting "available-for-sale financial assets" to "other equity instruments" without retrospective adjustments[54] - The first quarter report for Tianjin Printronics Circuit Co., Ltd. is unaudited[57] - The report was presented by Chairman Qu Defu on April 11, 2019[58]