Financial Performance - The company's operating revenue for Q1 2025 was ¥257,681,456.65, representing a slight increase of 0.51% compared to ¥256,384,274.77 in the same period last year[5]. - The net profit attributable to shareholders decreased by 3.63% to ¥18,370,144.62 from ¥19,062,471.95 year-on-year[5]. - Net profit for the current period is ¥18,319,627.59, down from ¥19,012,657.40, indicating a decrease of approximately 3.6%[20]. - The total comprehensive income attributable to the parent company is ¥18,370,144.62, down from ¥19,062,471.95, a decrease of approximately 3.6%[20]. - Total operating costs increased to ¥240,632,862.81 from ¥238,947,937.20, reflecting a rise of about 0.7%[19]. Cash Flow and Liquidity - The net cash flow from operating activities significantly declined by 94.96%, amounting to -¥93,235,599.29, compared to -¥47,822,981.05 in the previous year[10]. - The net cash flow from operating activities is -¥93,235,599.29, worsening from -¥47,822,981.05 in the previous period[23]. - Cash and cash equivalents decreased by 52.87% year-on-year, while the net increase in cash and cash equivalents dropped by 31.44%[10]. - Cash and cash equivalents at the end of the period decreased to ¥351,205,896.84 from ¥512,297,141.00, a decline of about 31.4%[24]. - The company experienced a net cash outflow from investing activities of -¥117,252,575.25, worsening from -¥87,842,839.54 in the previous period[24]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,973,119,649.05, down 0.95% from ¥1,992,037,791.35 at the end of the previous year[5]. - Total current assets decreased from CNY 1,568,295,902.36 to CNY 1,537,875,128.05, a reduction of approximately 1.9%[16]. - Total non-current assets increased from CNY 423,741,888.99 to CNY 435,244,521.00, indicating a growth of about 2.9%[17]. - Total liabilities decreased from CNY 541,379,249.12 to CNY 504,141,479.23, a decline of approximately 6.9%[17]. - The company's total equity increased from CNY 1,450,658,542.23 to CNY 1,468,978,169.82, reflecting a growth of about 1.3%[18]. Inventory and Receivables - The company's inventory decreased from CNY 199,024,845.42 to CNY 187,451,292.15, a decline of approximately 5.8%[16]. - Trade receivables increased from CNY 569,920,120.90 to CNY 657,867,011.44, reflecting a growth of about 15.4%[16]. - The company's accounts payable increased from CNY 392,518,108.48 to CNY 405,035,332.49, representing a growth of about 3.9%[17]. Expenses and Investments - Research and development expenses decreased to ¥17,863,669.42 from ¥21,265,487.74, a reduction of approximately 15.9%[19]. - The company's financial expenses decreased by ¥2,376,000, primarily due to increased interest income from time deposits[13]. - The company reported an investment income of ¥721,537.59, up from ¥658,871.66, reflecting an increase of about 9.5%[23]. Other Financial Metrics - The company's contract liabilities decreased by 30.43% compared to the beginning of the year, attributed to a reduction in performance obligations[9]. - The company's deferred tax assets increased by 46.53% compared to the beginning of the year, mainly due to an increase in credit impairment losses[13]. - The company reported a 100.62% increase in trading financial assets compared to the beginning of the year, attributed to an increase in held financial products[13]. - The company's rental liabilities increased by 149.62% compared to the beginning of the year, primarily due to the renewal of usage rights assets[13]. - Basic and diluted earnings per share remained stable at ¥0.04 for both periods[21].
楚天龙(003040) - 2025 Q1 - 季度财报