TANAC(SZ:300461)2021-04-27 16:00Financial Performance - The company's revenue for Q1 2021 was ¥88,140,002.05, representing a 129.59% increase compared to ¥38,389,566.10 in the same period last year[9] - Net profit attributable to shareholders reached ¥12,891,363.08, a significant increase of 700.52% from ¥1,610,369.29 in the previous year[9] - The net profit after deducting non-recurring gains and losses was ¥8,671,479.84, compared to a loss of ¥2,181,401.13 in the same period last year, marking a 497.52% improvement[9] - The basic earnings per share increased to ¥0.10, up 900.00% from ¥0.01 in the previous year[9] - Total operating revenue increased by 129.59% to ¥88,140,002.05 compared to ¥38,389,566.10 in the previous period, primarily due to an increase in order acceptance revenue[18] - Net profit for Q1 2021 was ¥12,850,073.73, compared to a net profit of ¥1,593,066.52 in Q1 2020, marking a year-over-year increase of 707.5%[46] - The company's total assets decreased from ¥562,305,348.85 at the end of the previous period to ¥517,187,487.80[42] - The equity attributable to shareholders increased to ¥167,369,226.74 from ¥144,433,344.25, reflecting a growth of 15.9%[42] Cash Flow and Assets - The net cash flow from operating activities was ¥16,293,370.66, down 36.39% from ¥25,615,877.41 in the same period last year[9] - The cash flow from operating activities generated a net amount of ¥16,293,370.66, down from ¥25,615,877.41 in the previous period, reflecting a decrease of approximately 36.5%[53] - The total cash and cash equivalents at the end of the period amounted to ¥99,925,253.19, an increase from ¥57,646,537.74 in the previous period, marking a growth of about 73.5%[54] - The cash flow from investing activities generated a net amount of ¥5,800,201.85, compared to ¥99,116.04 in the previous period, indicating a decrease of about 94.1%[57] - The company's current assets decreased to CNY 394,991,933.99 from CNY 439,116,608.31, representing a reduction of about 10%[35][38] - The total liabilities decreased from CNY 420,373,022.58 to CNY 352,317,588.63, indicating a decline of approximately 16.2%[37][38] Expenses and Costs - Operating costs rose by 149.71% to ¥54,451,849.23 from ¥21,806,236.26, corresponding to the increase in revenue[18] - Management expenses surged by 260.40% to ¥19,630,997.13, mainly due to the accrual of equity incentive expenses[18] - Research and development expenses for Q1 2021 were ¥3,304,750.93, slightly down from ¥3,489,109.81 in Q1 2020[45] - The company incurred research and development expenses of ¥3,304,750.93, slightly down from ¥3,349,303.24 in the previous period, showing a decrease of about 1.3%[49] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,230[13] - Net assets attributable to shareholders increased by 15.70% to ¥169,245,654.46 from ¥146,280,871.87 at the end of the previous year[9] Non-Recurring Gains and Other Financial Metrics - The company reported non-recurring gains of ¥4,219,883.24, primarily from the reversal of impairment provisions for receivables[9] - The company reported a credit impairment loss of ¥6,737,747.33, compared to a reversal of loss of ¥2,990,746.42 in the previous year[45] - Prepayments increased by 198.72% to ¥2,433,313.53, reflecting higher advance payments for raw material procurement[20] - Other receivables decreased by 56.09% to ¥2,930,805.25, as a guarantor fulfilled debt obligations[20] Compliance and Governance - The company reported no violations regarding external guarantees during the reporting period[29] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[30] - The company has not conducted any research, communication, or interview activities during the reporting period[31] Strategic Initiatives and Future Outlook - The company did not provide any additional strategic initiatives in the provided content[58] - There are no mentions of future outlook or performance guidance in the provided content[58] - No new products or technologies were discussed in the provided content[58] - There are no details regarding market expansion or mergers and acquisitions in the provided content[58]