Shenzhen Tongzhou Electronics Co., Ltd. Q1 Report for 2026
Stock Code: 002052
Stock Abbreviation: Tongzhou Electronics
Announcement No.: 2026-016
The company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Important Content Reminder:
- The board of directors and senior management guarantee the authenticity, accuracy, and completeness of the quarterly report, and bear individual and joint legal responsibility.
- The person in charge of the company, the head of accounting, and the accounting institution declare: guarantee the authenticity, accuracy, and completeness of the financial information in the quarterly report.
- Is the financial accounting report for the first quarter audited? □ Yes ☒ No
I. Main Financial Data
(1) Main Accounting Data and Financial Indicators
Does the company need to restate or adjust previous years' accounting data? □ Yes ☒ No
| Item | Current Period | Same Period Last Year | Change (%) |
|---|---|---|---|
| Operating Revenue (Yuan) | 53,578,986.43 | 313,540,547.04 | -82.91% |
| Net Profit Attributable to Shareholders (Yuan) | 6,486,030.26 | 125,701,984.39 | -94.84% |
| Net Profit Attributable to Shareholders Excluding Non-Recurring Gains and Losses (Yuan) | 7,094,888.45 | 125,718,145.04 | -94.36% |
| Net Cash Flow from Operating Activities (Yuan) | -15,499,216.83 | -230,643,912.19 | 93.28% |
| Basic Earnings per Share (Yuan/Share) | 0.0086 | 0.1685 | -94.90% |
| Diluted Earnings per Share (Yuan/Share) | 0.0085 | 0.1685 | -94.96% |
| Weighted Average Return on Equity | 2.34% | 83.82% | -81.48% |
| Item | End of Current Period | End of Last Year | Change (%) |
|---|---|---|---|
| Total Assets (Yuan) | 571,664,643.40 | 558,027,584.15 | 2.44% |
| Shareholders' Equity Attributable to Shareholders (Yuan) | 278,550,622.13 | 276,413,815.58 | 0.77% |
(2) Non-Recurring Gains and Losses Items and Amounts
☒ Applicable □ Not Applicable
Unit: Yuan
| Item | Amount for Current Period | Description |
|---|---|---|
| Gains and Losses from Disposal of Non-Current Assets (including reversal of impairment provisions) | 8.67 | |
| Government Subsidies Recognized in Current Profit and Loss (excluding those closely related to normal business operations) | 253,224.59 | |
| Reversal of Impairment Provisions for Receivables Subject to Individual Impairment Testing | 102,833.12 | |
| Gains and Losses from Debt Restructuring | 15,127.60 | |
| Other Non-Operating Income and Expenses | -1,000,859.06 | |
| Less: Impact on Minority Interests (after tax) | -20,806.89 | |
| Total | -608,858.19 |
(3) Changes and Reasons for Main Accounting Data and Financial Indicators
☒ Applicable □ Not Applicable
- Balance Sheet Items (1) The accounts receivable at the end of the reporting period decreased by 100% compared to the beginning of the period, mainly because the notes at the beginning of the reporting period all matured during the reporting period. (2) Inventory at the end of the reporting period increased by 68.84% compared to the beginning of the period, mainly due to increased inventory reserves. (3) Right-of-use assets at the end of the reporting period increased by 99.98% compared to the beginning of the period, mainly due to adjustments in some lease matters and extensions of lease terms. (4) Accounts payable at the end of the reporting period increased by 30.61% compared to the beginning of the period, mainly due to increased inventory reserves. (5) Lease liabilities at the end of the reporting period increased by 101.07% compared to the beginning of the period, mainly due to adjustments in some lease matters and extensions of lease terms.