TPC(SZ:002134)2020-10-19 16:00Financial Performance - Net profit attributable to shareholders surged by 1,231.58% to CNY 8,242,991.71 for the reporting period[9] - Operating revenue rose by 27.70% to CNY 130,249,048.65 compared to the same period last year[9] - Basic earnings per share increased by 900.00% to CNY 0.03 for the reporting period[9] - The company reported a significant increase in net profit attributable to shareholders for the year-to-date, rising by 188.99% to CNY 18,375,289.77[9] - The company expects a cumulative net profit of CNY 1,900 million to CNY 2,300 million for the year, indicating a growth of 49.94% to 81.51% compared to the previous year[23] - The net profit for the current period was ¥18,375,289.77, representing a significant increase of 189.63% from ¥6,358,481.31 in the previous period[46] - The total profit for the current period was ¥18,433,010.79, compared to ¥6,205,062.39 in the previous period, showing an increase of 196.24%[49] - Total comprehensive income for the current period was ¥18,375,289.77, compared to ¥6,358,481.31 in the previous period, marking an increase of 189.63%[46] Cash Flow - Net cash flow from operating activities increased by 16.81% to CNY 14,161,358.16[9] - Net cash flow from operating activities surged by 577.93% to CNY 3,268.68 million, driven by an increase in cash received from sales[18] - The net cash flow from operating activities was ¥32,686,785.11, an increase from ¥4,821,555.25 in the previous period, reflecting a significant improvement[52] - Total cash inflow from operating activities amounted to ¥350,292,319.15, compared to ¥288,330,159.62 in the prior period, indicating a growth of approximately 21.5%[53] - The net cash flow from investing activities was -¥4,890,309.89, an improvement from -¥8,564,695.71 year-over-year[52] - Cash inflow from financing activities reached ¥25,000,000.00, with a net cash flow of ¥24,535,093.75, contrasting with a net outflow of -¥25,634,375.00 in the previous period[54] Assets and Liabilities - Total assets increased by 6.24% to CNY 617,978,179.14 compared to the end of the previous year[9] - Current liabilities totaled CNY 197,356,489.75, compared to CNY 178,148,534.80 in the previous year, reflecting an increase of about 10.5%[38] - Non-current liabilities decreased to CNY 10,824,762.78 from CNY 12,105,320.35, a reduction of approximately 10.6%[38] - Total liabilities amounted to CNY 190,067,452.80, with current liabilities at CNY 177,962,132.45 and non-current liabilities at CNY 12,105,320.35[58] - The total amount of accounts payable was CNY 98,049,929.90, indicating a significant obligation to suppliers[62] Shareholder Information - The total number of shareholders at the end of the reporting period was 20,355[13] - The top two shareholders, Tianjin Zhonghuan Electronic Information Group Co., Ltd. and Tianjin Jinrong Investment Service Group Co., Ltd., hold 25.35% and 17.97% of shares respectively[13] - The total equity attributable to shareholders increased to CNY 410,046,086.08 from CNY 391,670,796.31, reflecting a growth of about 4.5%[38] Expenses and Investments - Sales expenses decreased by 53.17% to CNY 273.83 million, mainly due to the reclassification of certain expenses under the new revenue recognition standards[18] - Financial expenses increased significantly by 471.83% to CNY 134.92 million, primarily due to increased foreign exchange losses[18] - Investment income rose by 120.91% to CNY 58.07 million, mainly from increased financial investment returns[18] - Research and development expenses rose to ¥4,120,271.71, up from ¥3,614,527.30, reflecting a commitment to innovation[39] - Research and development expenses increased to ¥11,420,318.44 from ¥10,210,877.90, reflecting a growth of 11.83%[48] Taxation - The company reported a 179.06% increase in taxes payable, amounting to CNY 103.14 million, due to higher tax provisions for the period[18] - The company maintained a stable tax expense of ¥3,881.00, contrasting with a tax benefit of ¥28,537.97 in the previous period[40] Other Financial Metrics - The weighted average return on net assets improved to 2.03%, up from 1.87%[9] - The company reported a credit impairment loss of ¥25,873.27, a recovery from a loss of ¥190,253.20 in the previous period[41] - The company reported other income of ¥2,244,604.80, an increase from ¥1,159,226.22 in the previous period, reflecting a growth of 93.52%[49]