Financial Performance - The company's revenue for Q1 2025 was ¥3,656,152,858.21, representing a 10.59% increase compared to ¥3,306,076,731.31 in the same period last year[5] - Net profit attributable to shareholders was ¥460,716,041.98, up 11.44% from ¥413,430,234.37 year-on-year[5] - Basic and diluted earnings per share increased by 11.44% to ¥0.3857 from ¥0.3461 in the same period last year[5] - Net profit for the current period was ¥482,365,511.63, representing a growth of 12.69% from ¥427,821,090.06 in the previous period[19] - The total comprehensive income for the current period was ¥522,528,546.63, compared to ¥427,789,121.26 in the previous period, reflecting a growth of 22.14%[19] - The total comprehensive income attributable to the parent company was approximately ¥500.82 million, an increase from ¥413.61 million in the previous period, representing a growth of about 21.1%[20] Cash Flow - The net cash flow from operating activities surged by 225.47% to ¥548,052,938.23, compared to ¥168,387,520.85 in the previous year[5] - Cash inflow from operating activities totaled approximately ¥3.99 billion, up from ¥3.07 billion, marking an increase of about 29.8%[20] - Cash inflow from investment activities was approximately ¥2.52 billion, compared to ¥93.04 million in the previous period, representing a substantial increase[21] - Cash outflow for purchasing goods and services was approximately ¥2.31 billion, compared to ¥1.92 billion in the previous period, indicating a rise of about 20.9%[21] - Cash inflow from financing activities was approximately ¥585.02 million, down from ¥1.10 billion in the previous period, indicating a decrease of about 46.8%[21] Assets and Liabilities - Total assets decreased by 4.18% to ¥22,138,770,566.73 from ¥23,104,639,375.15 at the end of the previous year[5] - Total liabilities decreased to ¥5,023,498,850.14, down 22.93% from ¥6,519,100,418.39 in the previous period[17] - The company's equity increased to ¥17,115,271,716.59, up 3.21% from ¥16,585,538,956.76 in the previous period[17] - The company's cash and cash equivalents decreased to ¥5,682,847,511.28 from ¥6,852,110,987.40, a decline of approximately 17.0%[15] Shareholder Information - The total number of common shareholders at the end of the reporting period is 44,150[11] - The largest shareholder, Giant Star Holdings Group Co., Ltd., holds 38.82% of shares, totaling 463,739,864 shares[11] Operational Challenges - The company faced challenges in production capacity, particularly in Southeast Asia, impacting sales revenue[12] - The company conducted asset impairment and provisions in the first quarter, affecting net profit[13] - The company is actively responding to risks associated with changes in U.S. tariffs, which have impacted product delivery[13] Other Financial Metrics - Research and development expenses for the current period were ¥81,226,335.90, an increase of 19.21% compared to ¥68,124,327.51 in the previous period[18] - The company reported an investment income of ¥102,881,724.01, which is a slight increase from ¥98,979,392.50 in the previous period[19] - The company reported a significant increase in cash received from sales, totaling ¥3,674,777,200.22, a 30.78% rise from ¥2,809,809,283.89[9] - Cash flow from investment activities saw a dramatic increase of 3245.33%, reaching ¥2,509,000,000.00 compared to ¥75,000,000.00 in the previous year[9] - The company experienced a 900.42% increase in cash paid for debt repayment, amounting to ¥647,303,306.95, compared to ¥160,650,415.45 last year[9] - The company reported a 1330.08% increase in asset impairment losses, totaling ¥54,035,522.00, compared to ¥3,778,494.29 in the previous year[9]

浙江跃岭股份有限公司 2025 年第一季度报告 证券代码：002725 证券简称：跃岭股份 公告编号：2025-020 浙江跃岭股份有限公司 2025 年第一季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第一季度报告是否经审计 □是 否 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | | | | （%） | | 营业收入（元） | 143,176,200.93 | 156,751,718.06 | -8.66% | | 归属于上市公司股东的净利 | 6,937,210.77 | 2,206,169.8 ...

Financial Performance - The company's revenue for Q1 2025 was ¥250,794,695.24, representing a 39.32% increase compared to ¥180,007,247.91 in the same period last year[5] - Net profit attributable to shareholders was ¥48,559,352.89, a significant turnaround from a loss of ¥19,595,795.94 in the previous year[5] - Basic and diluted earnings per share improved to ¥0.02 from -¥0.01 in the previous year[5] - Total operating revenue for the current period reached ¥250,794,695.24, a 39.1% increase from ¥180,007,247.91 in the previous period[20] - Net profit for the current period was ¥48,874,530.00, compared to a net loss of ¥19,641,709.47 in the previous period[21] - Operating profit increased to ¥48,753,471.27 from a loss of ¥19,636,375.29 in the previous period[20] Cash Flow - The net cash flow from operating activities decreased by 650.34% to -¥110,343,638.97, primarily due to increased procurement payments[5][13] - Cash flow from operating activities showed a net outflow of ¥110,343,638.97, a significant decline from a net inflow of ¥20,049,962.87 in the previous period[22] - Cash flow from investing activities generated a net inflow of ¥113,642,104.86, compared to ¥19,756,971.29 in the previous period[22] - Cash flow from financing activities resulted in a net outflow of ¥12,224,819.63, contrasting with a net inflow of ¥23,113,122.40 in the previous period[23] - The ending cash and cash equivalents balance was ¥71,286,665.87, down from ¥107,007,897.06 in the previous period[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,873,254,373.81, a slight increase of 0.36% from the previous year[5] - Current assets totaled CNY 2,102,976,419.91, slightly up from CNY 2,088,071,071.46 at the start of the period[17] - Cash and cash equivalents decreased to CNY 104,437,509.44 from CNY 115,594,025.24, reflecting a decline of approximately 10.0%[17] - Accounts receivable increased to CNY 377,635,831.55 from CNY 305,069,910.34, representing a growth of about 23.7%[17] - Inventory decreased to CNY 372,652,694.59 from CNY 379,833,960.46, indicating a reduction of approximately 1.9%[17] - Total liabilities decreased to CNY 554,858,348.47 from CNY 576,236,051.39, a decline of about 3.7%[18] - The company's equity attributable to shareholders increased to CNY 2,231,075,246.67 from CNY 2,200,339,135.11, reflecting a growth of approximately 1.4%[18] - The total non-current assets amounted to CNY 770,277,953.90, down from CNY 774,736,381.63, a decrease of about 0.6%[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 40,322[12] Financial Expenses - The company’s financial expenses increased by ¥903,400, mainly due to higher interest expenses[13] Other Information - The company reported a significant increase in fair value gains from securities investments, amounting to ¥30,777,035.20[7] - The company did not undergo an audit for the first quarter report[24]

Financial Performance - The company's operating revenue for Q1 2025 was ¥220,187,895.03, a decrease of 12.81% compared to ¥252,532,214.98 in the same period last year[5]. - The net loss attributable to shareholders was ¥49,970,718.40, representing an increase of 86.69% from a loss of ¥26,766,681.48 in the previous year[5]. - The basic and diluted earnings per share were both -¥0.08, a decline of 60.00% from -¥0.05 in the same period last year[5]. - The company reported a net loss of CNY 46,347,654.48, compared to a net loss of CNY 23,467,122.50 in the previous period, representing an increase in losses of approximately 97.5%[20]. - Operating profit was recorded at CNY -51,501,969.69, worsening from CNY -33,362,394.48 in the prior period, indicating a decline of about 54.3%[20]. - The company reported a total comprehensive loss of CNY 46,984,218.99, compared to a loss of CNY 22,105,896.96 in the previous period, reflecting an increase in comprehensive losses of about 112.5%[20]. Cash Flow and Liquidity - The net cash flow from operating activities improved by 8.82%, amounting to -¥292,446,080.05 compared to -¥320,743,404.88 in the previous year[5]. - Cash and cash equivalents decreased from 1,869,384,119.43 RMB to 1,445,286,128.48 RMB, a decline of approximately 22.6%[15]. - Cash and cash equivalents at the end of the period totaled CNY 1,283,880,589.82, down from CNY 1,702,600,248.23 at the beginning of the period, a decrease of about 24.6%[22]. - The company recorded a cash outflow from investing activities of CNY -127,057,540.19, which is an improvement compared to CNY -207,402,978.56 in the previous period[21]. - The company received CNY 215,529,532.82 in cash from borrowings, down from CNY 261,836,675.99 in the previous period, a decrease of approximately 17.7%[22]. - The company’s total cash inflow from financing activities was CNY 215,529,532.82, compared to CNY 373,836,675.99 in the previous period, indicating a decline of about 42.4%[22]. Assets and Liabilities - The total assets at the end of the reporting period were ¥8,890,692,882.94, down 4.63% from ¥9,321,828,929.45 at the end of the previous year[5]. - The total current assets decreased from 5,143,053,948.19 RMB to 4,562,360,920.40 RMB, a decline of approximately 11.3%[15]. - Total liabilities decreased to ¥5,073,146,597.44 from ¥5,433,941,074.00, reflecting a reduction of 6.6%[17]. - The company's total equity decreased to ¥3,817,546,285.50 from ¥3,887,887,855.45, a decline of 1.8%[17]. - Long-term borrowings increased to ¥1,323,479,826.60 from ¥1,265,798,354.81, an increase of 4.6%[16]. Shareholder Information - Total number of common shareholders at the end of the reporting period was 58,632[11]. - The company issued 130,209,496 shares at a price of 5.25 RMB per share, with the new shares listed on August 1, 2024[14]. - The number of shares held by the top 10 shareholders includes 32,380,952 shares (4.77%) held by Hangzhou Chengchuang Investment Management Co., Ltd.[11]. - The company has no preferred shareholders as of the reporting period[12]. Operational Metrics - Total operating costs for the current period amount to ¥298,278,162.08, down from ¥306,222,210.56, reflecting a reduction of 2.9%[19]. - Research and development expenses increased to ¥45,487,960.99, compared to ¥43,479,645.92, representing a growth of 4.6%[19]. - The company reported a net loss from investments of ¥833,412.74, contrasting with a gain of ¥6,948,774.39 in the previous period[19]. - Non-operating income included government subsidies amounting to ¥2,090,024.15, which positively impacted the financial results[6]. - The company experienced a 104.64% increase in credit impairment losses, totaling ¥19,849,548.10, due to increased recovery of accounts receivable[9]. - The company reported a significant increase in construction in progress, rising by 52.50% to ¥266,421,336.57, attributed to the investment in the Jinhua polishing wafer base project[8].

Revenue and Profit - The company's revenue for Q1 2025 was ¥501,651,563.54, representing a 15.72% increase compared to ¥433,493,032.38 in the same period last year[5] - Net profit attributable to shareholders was ¥43,972,913.36, a 43.65% increase from ¥30,610,728.10 year-on-year[5] - Total operating revenue for Q1 2025 reached ¥501,651,563.54, an increase of 15.7% compared to ¥433,493,032.38 in the same period last year[19] - Net profit for Q1 2025 was ¥43,820,572.03, representing a 45.1% increase from ¥30,200,169.62 in Q1 2024[20] - Earnings per share (EPS) for Q1 2025 was ¥0.0299, compared to ¥0.0208 in the previous year, reflecting a growth of 43.8%[21] - The company achieved a comprehensive income total of ¥45,224,948.05, compared to ¥28,314,257.43 in the previous year, reflecting a growth of 59.7%[21] Cash Flow - The net cash flow from operating activities reached ¥55,572,334.33, marking a significant increase of 184.62% compared to ¥19,524,993.22 in the previous year[5] - Cash flow from operating activities generated a net amount of ¥55,572,334.33, significantly higher than ¥19,524,993.22 in the same quarter last year[21] - The company reported an investment income loss of ¥4,087,637.77, worsening from a loss of ¥1,137,040.77 in the previous year[20] - Net cash flow from investing activities was -$84.8 million, compared to -$65.9 million in the previous period, indicating a decline of approximately 28.3%[22] - Total cash outflow from investing activities amounted to $427.9 million, up from $308.1 million, representing an increase of about 39%[22] - Cash and cash equivalents at the end of the period were $276.4 million, a decrease from $238.8 million, reflecting a decline of approximately 15.8%[22] - Cash flow from financing activities resulted in a net outflow of $6.8 million, compared to a net outflow of $158,595, indicating a significant increase in outflow[22] - The company experienced a negative impact of $35.9 million in net cash increase, compared to a negative impact of $46.6 million in the previous period, showing an improvement of about 22.5%[22] - The cash inflow from investment activities totaled $343.1 million, compared to $242.1 million, marking an increase of approximately 42%[22] - The company reported cash payments for the acquisition of fixed assets and intangible assets at $2.9 million, down from $13.1 million, indicating a decrease of about 77.8%[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,531,288,408.87, a slight decrease of 0.60% from ¥4,558,717,928.94 at the end of the previous year[5] - The company's total current assets amount to CNY 2,629,217,875.37, a slight decrease from CNY 2,639,632,205.41 at the beginning of the period[15] - The total non-current assets are CNY 1,902,070,533.50, down from CNY 1,919,085,723.53[16] - Current liabilities total CNY 728,897,428.92, a decrease from CNY 807,631,210.85[16] - Total liabilities decreased to ¥802,948,118.15 from ¥885,044,990.09, showing a reduction of approximately 9.3%[17] - The total equity attributable to shareholders of the parent company rose to ¥3,727,172,886.59, up from ¥3,672,353,193.39, marking an increase of 1.5%[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 41,817[13] - The largest shareholder, Shen Jialiang, holds 46.63% of the shares, amounting to 685,821,524 shares, with 213,450,000 shares pledged[13] Other Financial Metrics - The weighted average return on equity increased to 1.19%, up from 0.84% in the previous year[5] - The company experienced a 68.66% decrease in interest income, which fell to ¥17.92 due to lower interest rates[9] - The company recorded a 1,229.55% increase in credit impairment losses, amounting to ¥383.03, primarily due to increased bad debt losses[9] - The company reported a 353.09% increase in the impact of exchange rate changes on cash and cash equivalents, amounting to ¥9.01[11] - Deferred income increased to ¥1,081,599.37 from ¥1,112,054.95, indicating a slight decrease[17] - The impact of exchange rate changes on cash and cash equivalents was positive at $90,076.75, compared to a negative impact of -$35,580.49 in the previous period[22] Audit Status - The first quarter report was not audited, indicating that the financial data may be subject to further review[23]

江南模塑科技股份有限公司 2025 年第一季度报告 证券代码：000700 证券简称：模塑科技 公告编号：2025-027 江南模塑科技股份有限公司 2025 年第一季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记 载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务 信息的真实、准确、完整。 3.第一季度报告是否经审计 □是 否 1 江南模塑科技股份有限公司 2025 年第一季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 1,598,973,929.91 | 1,809,847,349.85 | -11.65% | | 归属于上市公司股东的净利润（元） | ...

Financial Performance - The company's revenue for Q1 2025 was CNY 125,570,395.64, representing a 14.73% increase compared to CNY 109,446,552.37 in the same period last year[5]. - Net profit attributable to shareholders reached CNY 112,913,644.14, a significant increase of 721.81% from a loss of CNY 18,158,807.89 in the previous year[5]. - The basic earnings per share improved to CNY 0.1769, compared to a loss of CNY 0.0284 per share in the same quarter last year, marking a 721.81% increase[5]. - Total profit increased by 659.93% to ¥110,202,572.57, primarily due to increased investment income from the transfer of the Walnut Ping coal mine[10]. - Net profit rose by 712.02% to ¥112,605,641.10, driven by the same investment income increase[10]. - Basic and diluted earnings per share reached ¥0.1769, reflecting a 721.81% increase compared to the previous period[10]. - The total comprehensive income attributable to the parent company increased by 721.81% to ¥112,913,644.14, reflecting the significant investment income[10]. - The company's net profit for the current period is 112,605,641.10, compared to a net loss of -18,398,895.28 in the previous period, indicating a significant recovery[32]. - Operating profit reached 109,236,307.62, a turnaround from a loss of -19,460,093.50 in the prior period[32]. - Total comprehensive income for the current period is 112,605,641.10, compared to -18,398,895.28 in the previous period, reflecting a strong performance[33]. Assets and Liabilities - Total assets increased by 7.33% to CNY 2,388,188,477.37 from CNY 2,225,130,021.81 at the end of the previous year[5]. - The total liabilities are CNY 680,955,047.83, up from CNY 634,502,921.79, which is an increase of about 7.3%[29]. - The total equity attributable to the parent company is CNY 1,698,581,013.58, compared to CNY 1,583,666,681.02 at the beginning of the period, reflecting an increase of approximately 7.3%[29]. - The company’s total liabilities decreased by 70.46% in tax payable, amounting to CNY 2,444,066.54, due to the payment of property tax accrued from the previous year[9]. Cash Flow - Cash flow from operating activities was negative at CNY -27,445,923.45, slightly worse than CNY -26,509,646.99 in the previous year, reflecting a decrease of 3.53%[5]. - Cash received from tax refunds increased by 202.69% to ¥764,404.59, mainly due to an increase in VAT refunds[10]. - Cash inflow from investment activities totaled ¥212,239,921.51, a 99.73% increase, attributed to the transfer of the Walnut Ping coal mine equity and recovery of shareholder loans from Vanke real estate cooperation projects[10]. - Cash outflow from investment activities surged by 1560.07% to ¥131,422,539.93, primarily due to the acquisition of equity in Bochuang Intelligent Equipment Co., Ltd.[10]. - Cash and cash equivalents at the end of the period increased by 79.43% to ¥442,767,395.06, driven by the transfer of the Walnut Ping coal mine equity and recovery of shareholder loans[10]. - The cash and cash equivalents at the end of the period are CNY 529,085,975.94, an increase from CNY 420,185,229.19 at the beginning of the period, showing a growth of about 26%[27]. - The company has a cash and cash equivalents balance of 442,767,395.06 at the end of the period, up from 246,757,463.13 at the end of the previous period[35]. Investments and Acquisitions - The company plans to acquire approximately 60% of Bochuang Intelligent Equipment Co., Ltd. through a cash payment, with the transaction details still under negotiation[13]. - The company has paid 130 million RMB as a sincerity deposit for the acquisition of Bochuang Intelligent, and received a performance guarantee of the same amount[14]. - The company is transferring 100% equity and all debts of Guizhou Hongtu Xinye Mining Co., Ltd. for a total price of 208 million RMB, with 145.6 million RMB already received[15]. - The company has completed the transfer procedures for the equity of Guizhou Hongtu Xinye Mining Co., Ltd.[15]. - The company participated in the auction for the mining rights of Kongjiagou Coal Mine, winning the bid for 4.9815 million yuan in October 2022[19]. Legal Matters - The Supreme Court ruled in November 2018 that the defendants must pay a breach of contract penalty of 3 million yuan to the company[17]. - The company has been involved in litigation to recover 9.5 million yuan owed by Sichuan Energy Investment due to a contract breach related to coal sales[20]. - In March 2022, the company applied for the return of 15.5562 million yuan that was frozen by the court, but the execution was terminated due to the lack of assets from the debtor[20]. - The company reached a settlement in July 2023 regarding the recovery of funds from Sichuan Weibo, transferring the debt to the company[20]. - The company is pursuing claims against relevant parties for compensation of 5 million yuan related to the Mulan Coal Mine, with 3 million yuan already paid[21]. - The company has initiated legal proceedings against Liu Xiangyang for the outstanding transfer payment of 29 million yuan for the Yong'an Coal Mine rights[22]. - The court ordered Liu Xiangyang to pay the company 29 million yuan plus interest and penalties, with a total of 2.7615 million yuan in interest[23]. - The company is seeking to recover additional costs related to engineering payments amounting to 460,000 yuan from Liu Xiangyang[24]. - The company plans to continue pursuing claims against the partners of Kongjiagou for their liabilities[20]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 55,739[11]. - Guangdong Hongyuan Group Co., Ltd. holds 19.95% of shares, amounting to 127,359,707 shares, with 101,820,000 shares pledged[11].

Financial Performance - The company's operating revenue for Q1 2025 reached ¥71,934,740.66, a significant increase of 1,707.88% compared to ¥3,978,948.18 in the same period last year[4] - Net profit attributable to shareholders was ¥3,310,302.62, a turnaround from a loss of ¥19,881,535.37 in the previous year[4] - Basic earnings per share improved to ¥0.0048 from a loss of ¥0.029 per share in the same period last year[4] - Operating profit for Q1 2025 was ¥4,983,488.03, compared to a loss of ¥27,997,017.01 in Q1 2024, indicating a turnaround in profitability[19] - Net profit for Q1 2025 was ¥3,270,974.92, recovering from a net loss of ¥19,888,568.15 in Q1 2024[20] - The company reported a total comprehensive loss of -¥66,934,802.38 in Q1 2025, compared to -¥108,659,523.41 in Q1 2024, showing an improvement in comprehensive performance[20] Cash Flow - The net cash flow from operating activities was -¥174,260,632.41, worsening from -¥55,020,293.96 in the same period last year[4] - Cash flow from operating activities for Q1 2025 was negative at -¥174,260,632.41, worsening from -¥55,020,293.96 in Q1 2024[23] - The company’s cash inflow from operating activities was ¥91,046,106.60 in Q1 2025, significantly higher than ¥34,081,141.98 in Q1 2024[23] - Net cash flow from investing activities was -$18.20 million, compared to -$0.95 million in the previous period[24] - Cash inflow from financing activities totaled $121.81 million, significantly up from $10.00 million previously[24] - Net cash flow from financing activities was $110.33 million, compared to $5.25 million in the prior period[24] - The ending balance of cash and cash equivalents decreased to $160.36 million from $411.21 million[24] - The company experienced a net decrease in cash and cash equivalents of -$82.19 million, compared to -$50.73 million previously[24] - Cash outflow from investment activities amounted to $22.77 million, up from $6.08 million in the previous period[24] - Cash paid for debt repayment was $10.00 million, with dividend payments totaling $1.48 million[24] - The impact of exchange rate changes on cash and cash equivalents was -$58.58 thousand[24] - The cash flow from financing activities was primarily driven by increased borrowings[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,830,294,373.30, a decrease of 6.52% from ¥3,027,650,070.57 at the end of the previous year[5] - The total liabilities decreased to ¥1,354,777,194.95 in Q1 2025 from ¥1,485,198,089.84 in Q1 2024, reflecting a reduction of approximately 8.8%[16] - The total equity attributable to shareholders decreased to ¥1,475,859,323.19 in Q1 2025 from ¥1,542,754,797.87 in Q1 2024, a decline of about 4.3%[16] - Current liabilities include accounts payable of ¥310,585,849.97, down from ¥513,658,069.47, a decrease of about 39.5%[15] - The company has no short-term borrowings as of March 31, 2025, compared to ¥10,000,000.00 previously[15] Shareholder Information - The total number of common shareholders at the end of the reporting period is 19,000[10] - The largest shareholder, Shanghai Zhongsheng Hongqiao Enterprise Management Co., Ltd., holds 172,225,164 shares, representing 25.08% of total shares[10] - The second-largest shareholder, Guohua Life Insurance Co., Ltd. - Universal No. 3, holds 104,088,332 shares, accounting for 15.16%[10] Revenue Sources - The company attributed the revenue increase primarily to property sales from its subsidiary, Shanghai Tianchen Health Management Co., Ltd.[8] - The net profit increase was mainly due to property sales, which were absent in the same period last year[8] Other Financial Metrics - The weighted average return on equity increased to 0.22%, up by 1.50 percentage points from -1.28% in the previous year[5] - The company incurred total operating costs of ¥65,756,679.54 in Q1 2025, up from ¥30,681,901.83 in Q1 2024, marking an increase of approximately 114%[19] - The company's total current assets as of March 31, 2025, amount to ¥1,826,054,962.07, a decrease from ¥1,931,276,113.87 on December 31, 2024[14] - Cash and cash equivalents decreased from ¥253,556,811.39 to ¥171,364,509.60, reflecting a decline of approximately 32.4%[14] - Accounts receivable decreased from ¥44,235,390.89 to ¥30,456,679.93, a reduction of about 30.9%[14] - Inventory as of March 31, 2025, is ¥1,575,706,371.38, slightly down from ¥1,588,261,007.38[14]

Financial Performance - The company's operating revenue for Q1 2025 was CNY 40.32 billion, a decrease of 46.06% compared to CNY 74.74 billion in the same period last year[4] - The net profit attributable to shareholders was a loss of CNY 179.40 million, down 161.79% from a profit of CNY 290.35 million year-on-year[4] - Basic and diluted earnings per share were both CNY -0.04, representing a 300% decrease from CNY 0.02 in the previous year[4] - The company reported a total comprehensive loss of CNY 273.29 million for Q1 2025, compared to a comprehensive income of CNY 300.81 million in Q1 2024[21] - The net profit for Q1 2025 was a loss of CNY 175.76 million, contrasting with a net profit of CNY 329.30 million in Q1 2024, indicating a significant downturn[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 348.68 billion, a decline of 9.87% from CNY 386.87 billion at the end of the previous year[5] - The total current assets decreased from 293.28 billion RMB at the end of 2024 to 257.94 billion RMB by March 31, 2025[13] - The company's total liabilities decreased from 334.99 billion RMB at the end of 2024 to 297.35 billion RMB by March 31, 2025[15] - The total non-current assets decreased from 93.59 billion RMB at the end of 2024 to 90.74 billion RMB by March 31, 2025[14] - The total assets as of March 31, 2025, amounted to ¥100,872,221,745.96, down from ¥110,839,832,730.11 as of December 31, 2024[28] - The total liabilities decreased to ¥61,410,581,036.16 from ¥71,171,154,957.82 over the same period[28] Cash Flow - The cash flow from operating activities was a negative CNY 23.28 billion, an improvement of 8.04% compared to a negative CNY 25.32 billion in the same period last year[4] - The cash flow from operating activities for Q1 2025 was a net outflow of CNY 23.28 billion, compared to a net outflow of CNY 25.32 billion in Q1 2024, showing a slight improvement[24] - The total cash inflow from investing activities in Q1 2025 was CNY 1.64 billion, slightly lower than CNY 1.74 billion in Q1 2024[24] - The net cash flow from financing activities for Q1 2025 was CNY 2.19 billion, a decrease from CNY 5.14 billion in Q1 2024, reflecting a reduction in financing activities[25] - The ending cash and cash equivalents balance as of Q1 2025 was 16.60 billion, down from 19.33 billion in Q1 2024, reflecting a decrease of about 14.1%[34] Operational Highlights - The decline in operating revenue was primarily due to a decrease in new contract amounts and a slowdown in order execution[6] - In Q1 2025, the company signed new contracts totaling 64.548 billion RMB, with 9 major projects over 5 billion RMB each, amounting to 6.838 billion RMB[11] - The company achieved a revenue of 2.24 billion RMB from gold sales, representing an 8% year-over-year increase, with total gold sales of 11,676 ounces[11] - The construction segment accounted for 86.54% of total revenue, generating 34.72 billion RMB, with a gross profit of 1.764 billion RMB, which is 59.38% of the segment's revenue[12] - The company reported a 9% year-over-year increase in new contracts signed in the Yangtze River Delta region (excluding Shanghai) in Q1 2025[11] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 195,813[9] - The largest shareholder, Shanghai Construction Group Co., Ltd., held 30.26% of the shares, totaling 2.69 billion shares[9] Research and Development - Research and development expenses for Q1 2025 were CNY 708.89 million, down from CNY 1.37 billion in Q1 2024, marking a reduction of approximately 48%[20] - Research and development expenses for Q1 2025 were ¥22,544,263.20, significantly lower than ¥64,267,481.25 in Q1 2024, suggesting a cutback in innovation spending[29] Risk Management - The company is focused on risk prevention and management to mitigate economic risks and ensure safety in production[11] - The company plans to enhance market penetration and management efficiency to achieve its annual budget goals[11] - The company aims to improve the conversion rate from orders to revenue through refined management practices[11]

Financial Performance - The company's revenue for Q1 2025 was CNY 954,487,028.38, representing a 6.48% increase compared to CNY 896,420,220.37 in the same period last year[5] - Net profit attributable to shareholders increased by 22.70% to CNY 205,859,499.84 from CNY 167,777,790.26 year-on-year[5] - Basic and diluted earnings per share rose by 22.68% to CNY 0.1655, compared to CNY 0.1349 in the same quarter last year[5] - Net profit for the current period was ¥205,857,342.58, up 22.7% from ¥167,821,935.22 in the previous period[18] - The net profit attributable to the parent company was approximately ¥205.86 million, an increase from ¥167.78 million in the previous period, representing a growth of 22.7%[19] - The total comprehensive income amounted to approximately ¥247.26 million, compared to ¥194.70 million in the prior period, reflecting an increase of 27%[19] Cash Flow - The net cash flow from operating activities surged by 157.13% to CNY 528,041,248.59, up from CNY 205,357,965.99 in the previous year[5] - Cash flow from operating activities generated a net amount of approximately ¥528.04 million, significantly higher than ¥205.36 million in the previous period, marking an increase of 156.5%[20] - Cash inflow from operating activities totaled approximately ¥1.23 billion, compared to ¥1.22 billion in the prior period, showing a slight increase of 0.1%[21] - The cash flow from investing activities resulted in a net outflow of approximately ¥348.19 million, a decrease from a net inflow of ¥190.03 million in the previous period[22] - Cash and cash equivalents at the end of the period were approximately ¥1.93 billion, down from ¥2.13 billion at the end of the previous period, a decrease of 9.5%[22] - The company reported a decrease in cash outflow from financing activities, with a net outflow of approximately ¥234.28 million compared to a net outflow of ¥91.33 million in the previous period[22] - The company received cash from borrowings amounting to approximately ¥220 million, down from ¥282.16 million in the previous period, a decrease of 22%[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 13,882,764,299.04, a 2.27% increase from CNY 13,574,133,877.82 at the end of the previous year[5] - The company's total assets amounted to ¥13,882,764,299.04, an increase from ¥13,574,133,877.82 at the beginning of the period[15] - Current assets totaled ¥5,566,031,045.90, up from ¥5,280,650,207.08, indicating a growth of 5.4%[14] - Total liabilities stood at ¥4,725,554,955.91, compared to ¥4,664,187,672.49 previously, marking an increase of 1.3%[15] - The company's equity attributable to shareholders increased by 2.78% to CNY 9,146,528,817.98 from CNY 8,899,263,522.92 at the end of the last year[5] - The company's equity attributable to shareholders rose to ¥9,146,528,817.98 from ¥8,899,263,522.92, reflecting a growth of 2.8%[15] Operating Performance - Total operating revenue for the current period reached ¥954,487,028.38, an increase of 6.0% compared to ¥896,420,220.37 in the previous period[17] - Total operating costs decreased to ¥688,379,463.19 from ¥700,858,006.45, reflecting a reduction of 1.9%[18] - Operating profit for the current period was ¥271,183,490.34, an increase from ¥194,482,762.41, showing a growth of 39.5%[18] Tax and Expenses - The company reported a 144.4% increase in taxes and surcharges compared to the same period last year, primarily due to export tariffs and resource taxes related to potash fertilizer business[9] - Financial expenses increased by 129.69% year-on-year, mainly due to foreign exchange losses[9] - The company reported a tax expense of ¥64,259,878.96, compared to ¥26,392,507.88 in the previous period, indicating a significant increase[18] Other Financial Metrics - Investment income grew by 152.91% compared to the previous year, influenced by wealth management income during the reporting period[9] - The company had a significant increase in prepayments, which rose by 118.12%, primarily due to increased prepayments for steel materials[9] - Inventory increased to ¥749,139,369.23 from ¥633,884,215.84, representing a rise of 18.2%[14] Product and Technology Development - The company did not report any significant new product launches or technological advancements during this period[23]