卓郎智能(600545) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 641,084,000, a decrease of 23.8% compared to CNY 841,760,000 in the same period last year[4] - The net profit attributable to shareholders was a loss of CNY 95,679,000, compared to a loss of CNY 33,772,000 in the previous year[4] - Basic and diluted earnings per share were both CNY -0.0535, down from CNY -0.0189 year-on-year[4] - Operating profit for Q1 2025 was -182,748 thousand RMB, compared to -49,945 thousand RMB in Q1 2024, indicating a significant decline in profitability[14] - Net profit for Q1 2025 was -119,294 thousand RMB, worsening from -36,190 thousand RMB in Q1 2024[14] - The company reported a significant increase in net losses due to decreased market demand and reduced operating revenue[6] Cash Flow and Liquidity - The net cash flow from operating activities was a negative CNY 10,066,000, significantly improved from a negative CNY 242,940,000 in the same period last year[4] - Cash flow from operating activities for Q1 2025 was -10,066 thousand RMB, an improvement from -242,940 thousand RMB in Q1 2024[18] - Cash and cash equivalents at the end of Q1 2025 were 233,827 thousand RMB, down from 281,143 thousand RMB at the end of Q1 2024[18] Assets and Liabilities - Total assets at the end of the reporting period were CNY 9,070,780,000, a decrease of 0.9% from CNY 9,154,039,000 at the end of the previous year[5] - Total liabilities decreased to 5,037,566 thousand RMB as of March 31, 2025, from 5,123,428 thousand RMB at the end of 2024[12] - The company’s inventory increased to 1,275,761 thousand RMB as of March 31, 2025, from 1,162,573 thousand RMB at the end of 2024, indicating potential challenges in sales[12] - The company’s short-term borrowings were 961,883 thousand RMB as of March 31, 2025, slightly down from 987,649 thousand RMB at the end of 2024[12] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 85,894[8] Other Comprehensive Income - The company reported a significant increase in other comprehensive income, totaling 121,199 thousand RMB in Q1 2025, compared to -74,151 thousand RMB in Q1 2024[14] Accounting Standards - The company will implement new accounting standards starting from 2025, which will involve adjustments to the financial statements at the beginning of the year[19]