航天彩虹(002389) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥315,073,102, a decrease of 32.08% compared to ¥463,895,984 in the same period last year[5] - The net loss attributable to shareholders was ¥30,884,791.76, representing a decline of 1,310.53% from a profit of ¥2,551,338.79 in the previous year[5] - Basic and diluted earnings per share were both -¥0.0315, a decrease of 1,311.54% from ¥0.0026 in the same quarter last year[5] - The net profit for the current period was a loss of ¥30,832,619.49, compared to a profit of ¥3,705,248.77 in the previous period, indicating a significant decline[16] Cash Flow - The net cash flow from operating activities was negative at ¥510,829,483.48, worsening by 57.56% from a negative cash flow of ¥324,205,076.73 in the prior year[5] - Operating cash flow for the current period is -¥510,829,483.48, compared to -¥324,205,076.73 in the previous period, indicating a decline of approximately 57.5%[17] - Total cash inflow from operating activities is ¥269,499,974.15, slightly down from ¥270,658,202.28, a decrease of about 0.4%[17] - Cash outflow from operating activities increased to ¥780,329,457.63 from ¥594,863,279.01, representing an increase of approximately 31.1%[17] - Investment activities generated a net cash flow of -¥19,796,768.34, an improvement from -¥175,207,119.54 in the previous period[17] - Cash inflow from financing activities increased to ¥47,203,190.07 from ¥32,744,956.89, a rise of about 44%[18] - Net cash flow from financing activities improved to ¥13,982,682.84 from -¥130,527,172.46, indicating a significant recovery[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥10,600,457,847.67, down 3.21% from ¥10,952,027,524.31 at the end of the previous year[5] - Total liabilities decreased to ¥2,410,632,727.60 from ¥2,729,959,048.26, a decline of approximately 11.7%[14] - The total equity attributable to shareholders of the parent company was ¥8,009,971,222.84, slightly down from ¥8,038,266,751.10[14] - The company's total assets decreased to ¥10,600,457,847.67 from ¥10,952,027,524.31, representing a reduction of about 3.2%[14] Shareholder Information - The total number of common shareholders at the end of the reporting period is 78,135[9] - The largest shareholder, China Aerospace Aerodynamics Research Institute, holds 20.78% of shares, totaling 206,480,242 shares[9] - The top ten shareholders collectively hold a significant portion of the company's shares, with the top two alone accounting for 35.82%[9] - The company has not reported any changes in the participation of major shareholders in margin trading activities[9] Operational Efficiency - The company's cash and cash equivalents decreased from 1,810,413,966.33 CNY to 1,238,899,729.09 CNY, a decline of approximately 31.6%[12] - Accounts receivable increased from 2,821,099,792.03 CNY to 2,960,944,717.86 CNY, reflecting a growth of about 4.9%[12] - Inventory rose from 1,044,145,896.34 CNY to 1,149,976,811.74 CNY, indicating an increase of approximately 10.1%[12] - The company’s cash flow from operating activities remains negative, highlighting ongoing challenges in operational efficiency[17] Expenses - Financial expenses surged by 126.49% to ¥1,932,112.57, mainly due to fluctuations in the RMB to USD exchange rate[8] - Research and development expenses were ¥23,445,223.02, a decrease from ¥25,081,289.89, reflecting a reduction of about 6.5%[15] - The company reported a significant increase in tax expenses, with current period tax expenses at ¥537,383.20 compared to ¥4,735,104.92 in the previous period[16] Other Financial Metrics - The weighted average return on equity was -0.38%, a decline of 0.41% from 0.03% in the previous year[5] - The company reported a significant increase in prepayments, which rose by 81.06% to ¥283,361,852.06, primarily due to increased material payments[8] - The company recorded a government subsidy increase, with other income rising by 112.97% to ¥5,185,679.31[8] - Total operating costs amounted to ¥351,195,658.36, down from ¥457,914,998.04, reflecting a reduction of approximately 23%[15]