壹石通(688733) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥119,939,565.89, representing a 5.46% increase compared to ¥113,729,714.98 in the same period last year[4] - The net profit attributable to shareholders was a loss of ¥16,801,086.49, an improvement from a loss of ¥17,919,119.60 year-over-year[4] - The company's overall revenue increased by 5.46% year-on-year, primarily due to a significant rise in the shipment volume of lithium battery coating materials[12] - The net profit attributable to shareholders was -16.80 million RMB, mainly due to insufficient production rates and increased expenses in the first quarter[12] - Net loss for Q1 2025 was CNY 17,183,537.50, slightly improved from a net loss of CNY 17,957,692.05 in Q1 2024[21] Cash Flow - The net cash flow from operating activities was negative at ¥61,237,386.34, worsening from a negative cash flow of ¥34,281,220.82 in the previous year[4] - Operating cash flow for Q1 2025 was negative CNY 61,237,386.34, worsening from negative CNY 34,281,220.82 in Q1 2024[24] - The cash and cash equivalents net increase was -$308.81 million, compared to -$263.12 million in the prior period, indicating a worsening cash position[25] - The company's cash and cash equivalents decreased to 276.61 million RMB from 593.90 million RMB, indicating a decline of approximately 53.4%[16] - Cash outflow for investment activities totaled $587.63 million, compared to$823.47 million, showing a reduction of about 29%[25] Assets and Liabilities - Total assets increased by 5.04% to ¥3,386,072,369.94 from ¥3,223,564,340.39 at the end of the previous year[5] - As of March 31, 2025, total assets amounted to 3.39 billion RMB, up from 3.22 billion RMB at the end of 2024[16][17] - The company's total liabilities increased to CNY 1,190,756,312.81 in the latest reporting period, up from CNY 1,011,036,048.94[18] - Total equity attributable to shareholders decreased to CNY 2,185,396,985.45 from CNY 2,202,205,824.91[18] Expenses - Research and development expenses totaled ¥15,328,948.02, accounting for 12.78% of operating revenue, down from 13.95% in the previous year[5] - Total operating costs for Q1 2025 were CNY 145,026,145.99, up from CNY 140,427,876.16 in Q1 2024, reflecting a 3.7% increase[20] - The company reported a decrease in sales expenses from CNY 4,428,108.03 in Q1 2024 to CNY 2,111,249.12 in Q1 2025, a reduction of 52.4%[20] - Research and development expenses remained stable at CNY 15,328,948.02 in Q1 2025, compared to CNY 15,864,211.24 in Q1 2024[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,127[9] - The top shareholder, Jiang Xuexin, controls 23.56% of the company's shares, while he and his spouse, Wang Yajuan, collectively control 27.82%[11] Government Support and Market Strategy - The company received government subsidies amounting to ¥2,568,727.84, which positively impacted the financial results[6] - The company is focusing on improving cash flow management, particularly through the collection of supply chain notes[7] - The company is focused on expanding its market presence and enhancing product development in the lithium battery sector[12] - The company has implemented a market value management system effective from April 28, 2025, to enhance investment value and protect investor rights[12]