When One Direction unveiled the second single off their highly anticipated fifth studio album, Made in the A.M., the fandom had a few theories.

Co-written by Harry Styles, "Perfect" includes lyrics that seem to reference his past relationship with Taylor Swift. (To wit: "If you're looking for someone to write your breakup songs about, baby, I'm perfect.")

WATCH: One Direction Asks for a Moment of Silence During Concert to Honor Paris Terror Attack Victims

Only Entertainment Tonight's Samantha Harris was in Belfast, Ireland, with the boys of One Direction and asked Styles, point blank: Is it about Taylor?

"Obviously, you write a lot of stuff from personal experience, but it doesn't necessarily have to be so literal," the 21-year-old explained. "People can interpret a lot of different things in different ways. And I'm not going to tell someone it's not about what they think it's about, because I think the whole point is - it's about whatever it means to you."

And with that expertly crafted response, we move on!

WATCH: One Direction's 'Perfect' New Single Is Obviously About Taylor Swift -- See the Tell-tale Lyrics

Made in the A.M. is out now, marking the band's fifth album in just five years and their first without founding member Zayn Malik's involvement.

"I think in any field of work when you lose someone on your team, obviously, it's hard, but the positive take on the situation is we felt we definitely got closer as a group," Louis Tomlinson confessed. "We sat down and spoke about it -- this is something we all still want to do, so in the end we actually bonded together tighter, I think."

WATCH: One Direction Talks Show Cancellation - 'We Were All Stressed Out About It'

Missing from the sit-down, however, was Liam Payne, still battling an illness that caused the group's first-ever show cancellation in October. "It was very disappointing for us," Styles told ET, "but when someone's unwell and you're unable to perform, you can't do it."

Thankfully, Payne was back on his feet the next day and feeling well enough to finish out the tour and embark on worldwide promotion for the new album.

While every one of One Direction's previous albums debuted at No. 1 on the Billboard 200 chart, Made in the A.M.has some stiff competition this week. Justin Bieber released his new album, Purpose, on the same day, and industry insiders have speculated this race will be too close to call.

"We've had albums come out at the same time as Rihanna," Niall Horan playfully reminded us. "I just think it's been made into a big deal online with the whole Beliebers and the Directioners thing -- they love a battle and stuff -- but it's fine, there's really no competition. ... We've worked hard on our album and we just want people to go up and get it. And we hope they enjoy it, 'cause we enjoyed making it."

READ: One Direction Promises to Return After Final Pre-Hiatus Tour Performance 

Tune in to ET for more from our interview with One Direction, airing every day this week!

For more on how 1D and Bieber's new albums compare, check out ETonline's Celebrity Showdown in the video below.