SXXC(002585)2025-04-22 13:25Financial Performance - The company's revenue for Q1 2025 was ¥1,382,346,150.17, a slight increase of 0.07% compared to ¥1,381,422,543.91 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥42,769,873.19, representing an improvement of 51.09% from a loss of ¥87,450,024.31 year-over-year[5] - Total operating revenue for the current period is ¥1,382,346,150.17, a slight increase from ¥1,381,422,543.91 in the previous period[28] - Net profit for the current period is -¥42,769,873.19, an improvement from -¥87,450,024.31 in the previous period[29] - The company reported a profit margin of -3.09% for the current period compared to -6.32% in the previous period[29] - The company’s total comprehensive income for the current period is -¥42,769,873.19, compared to -¥87,450,024.31 in the previous period[29] - The company's basic and diluted earnings per share improved to -0.038 from -0.076[29] Cash Flow - The net cash flow from operating activities improved significantly, with a net outflow of ¥63,488,388.35, which is 82.52% better than the outflow of ¥363,109,884.39 in the previous year[5] - Operating cash flow net amount improved to -¥63,488,388.35 from -¥363,109,884.39[30] - The company received cash from sales of ¥1,588,856,222.24, an increase from ¥1,279,127,308.54 in the previous period[30] - The company’s financing cash flow net amount was ¥51,991,527.15, a decrease from ¥172,121,993.03 in the previous period[31] Assets and Liabilities - The total assets at the end of the reporting period were ¥13,022,193,934.36, down 2.13% from ¥13,305,018,268.96 at the end of the previous year[5] - Current assets decreased from CNY 5,093,917,336.12 to CNY 4,851,707,916.32, a reduction of about 4.8%[24] - The company's total assets decreased from CNY 13,305,018,268.96 to CNY 13,022,193,934.36, reflecting a decline of approximately 2.1%[24] - Total liabilities decreased from CNY 4,423,010,494.15 to CNY 4,182,956,032.74, a decline of approximately 5.4%[25] - The company's equity attributable to shareholders decreased from CNY 8,882,007,774.81 to CNY 8,839,237,901.62, a reduction of about 0.5%[26] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 64,253, with the largest shareholder holding 26.27% of the shares[21] - The company has a total of 1,147,428,712.00 shares outstanding, with no changes reported in the share capital[26] Expenses and Costs - The company reported a decrease in financial expenses by 37.76%, attributed to a reduction in borrowing costs[14] - Total operating costs decreased to ¥1,440,346,289.02 from ¥1,476,272,698.88, with operating costs specifically down to ¥1,329,013,230.78 from ¥1,363,609,290.54[28] - The company experienced a 54.87% decrease in asset impairment losses, mainly due to reduced inventory write-downs[16] Inventory and Borrowings - Inventory increased from CNY 2,407,247,682.12 to CNY 2,546,443,681.48, representing an increase of approximately 5.8%[24] - Short-term borrowings rose from CNY 300,980,453.58 to CNY 338,324,780.20, an increase of about 12.4%[25] - The company's long-term borrowings decreased significantly from CNY 883,238,872.69 to CNY 568,377,835.95, a reduction of approximately 35.5%[25] Government Subsidies - The company received government subsidies amounting to ¥1,158,280.47 during the reporting period[6]