MEIYA PICO INC.(300188)2025-04-25 19:15Financial Performance - The company's revenue for Q1 2025 was ¥215,288,988.21, representing a 10.86% increase compared to ¥194,202,951.14 in the same period last year[7]. - The net profit attributable to shareholders was -¥126,395,521.30, a significant decline of 270.49% from -¥34,115,449.70 in the previous year[7]. - The company's basic and diluted earnings per share were both -¥0.1500, reflecting a 275.00% decline from -¥0.0400 in the previous year[7]. - Net loss for the current period was ¥137,087,146.67, compared to a net loss of ¥45,969,198.45 in the previous period, indicating a significant decline in profitability[26]. - The total equity attributable to shareholders decreased to ¥3,382,614,359.22 from ¥3,507,982,871.71, a decline of approximately 3.6%[24]. Cash Flow - The net cash flow from operating activities improved by 33.16%, amounting to -¥257,348,263.21 compared to -¥385,048,325.54 in the same period last year[7]. - Operating cash inflow for the current period was 299,278,433.56 in the previous period, representing a growth of approximately 5.2%[28]. - Net cash flow from financing activities increased significantly by 1123.14%, amounting to ¥7,442.66 due to the transfer of 40% equity in a subsidiary[14]. - Cash inflow from financing activities totaled 2,800,000.00[29]. - The ending cash and cash equivalents balance was 941,952,893.62 in the previous period[29]. Assets and Liabilities - The total assets at the end of the reporting period were ¥5,145,264,039.83, a decrease of 2.52% from ¥5,278,050,206.42 at the end of the previous year[7]. - Current liabilities decreased to ¥1,097,539,539.96 from ¥1,178,522,552.53, a decline of about 6.9%[24]. - Non-current liabilities remained relatively stable, totaling ¥493,979,973.37 compared to ¥493,823,539.85 in the previous period[24]. - Cash and cash equivalents at the end of the period amounted to 1,074,080,567.51 yuan, down from 1,273,947,687.47 yuan at the beginning of the period[22]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 49,214[16]. - The largest shareholder, State Investment Intelligent Technology, holds 21.08% of shares, totaling 181,146,443 shares[16]. - The second-largest shareholder, Guo Yongfang, holds 13.62% of shares, totaling 117,073,550 shares[16]. - The total number of restricted shares at the beginning of the period was 102,083,968, with 98,302,148 shares released during the period[18]. Operational Metrics - The company reported a significant increase in accounts receivable by 60.21%, reaching ¥825.06 compared to ¥515.00 at the beginning of the year[10]. - The company experienced a 99.89% increase in prepayments, amounting to ¥7,478.96 due to project implementation costs[10]. - The company reported a 61.25% decrease in other income, totaling ¥688.80 compared to ¥1,777.73 in the previous year[12]. - Total operating revenue for the current period reached ¥215,288,988.21, an increase of 10.6% compared to ¥194,202,951.14 in the previous period[25]. - Total operating costs decreased to ¥384,905,944.80 from ¥391,178,226.20, reflecting a reduction of 1.3%[25]. Investment Activities - Cash outflow from investing activities was 11,929,873.49 in the previous period, indicating increased investment activity[28]. - Net cash flow from investing activities was -24,276,196.04 in the previous period[28]. - The company received a payment of 80.709 million yuan for the transfer of 40% equity in its wholly-owned subsidiary, Guotou Yunwang[19]. Research and Development - Research and development expenses were ¥94,097,021.61, down from ¥116,025,805.90, reflecting a strategic shift in resource allocation[25].