szclou(002121)2025-04-14 12:50Financial Performance - The company's revenue for Q1 2025 reached ¥1,213,551,312.87, representing a 16.20% increase compared to ¥1,044,401,145.99 in the same period last year[5] - Net profit attributable to shareholders surged to ¥67,450,933.37, a remarkable increase of 857.45% from ¥7,044,860.95 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥38,789,814.32, compared to a loss of ¥17,091,631.50 in the previous year, marking a 326.95% improvement[5] - Net profit for the current period was ¥79,484,698.09, a significant recovery from a net loss of ¥38,126,875.17 in the previous period[24] - The company reported a basic and diluted earnings per share of ¥0.0406, compared to ¥0.0042 in the previous period, indicating a substantial improvement[25] Assets and Liabilities - The company's total assets increased by 5.41% to ¥8,016,189,188.41 from ¥7,604,742,764.90 at the end of the previous year[5] - The total assets of the company reached ¥8,016,189,188.41, compared to ¥7,604,742,764.90 in the previous period, marking an increase of about 5.4%[23] - Total liabilities increased to ¥7,421,935,987.51 from ¥7,094,092,538.03, reflecting a rise of approximately 4.6%[23] - The company’s equity attributable to shareholders increased by 14.34% to ¥570,782,731.80 from ¥499,194,631.08 at the end of the previous year[5] - The company's equity attributable to shareholders rose to ¥570,782,731.80, compared to ¥499,194,631.08 in the previous period, an increase of about 14.3%[23] Cash Flow - Cash flow from operating activities showed a negative net amount of ¥161,662,232.53, a decline of 251.85% compared to a positive cash flow of ¥106,461,734.97 in the previous year[5] - The net cash flow from operating activities decreased by 268.12 million yuan, a decline of 251.85% year-over-year, primarily due to increased procurement payments and compensation payments totaling 33.16 million yuan[15] - The cash inflow from operating activities was 964.76 million yuan, a decrease of 7.20% compared to the previous year[15] - The cash outflow from operating activities increased by 20.71%, reaching 1.13 billion yuan, indicating higher operational costs[15] - The net cash flow from investment activities decreased by 31.46 million yuan, an 88.30% decline, mainly due to reduced cash inflows from the disposal of new energy vehicles and real estate[16] - The net cash flow from financing activities increased by 145.02 million yuan, a significant increase of 857.58%, attributed to an increase in interest-bearing liabilities at the end of the reporting period[16] - The net cash flow from operating activities was -161,662,232.53, compared to 106,461,734.97 in the previous period, indicating a significant decline[27] - The total cash and cash equivalents at the end of the period were 496,587,446.91, down from 662,050,942.93, showing a decrease in liquidity[28] Expenses - Research and development expenses rose by 29.34% to ¥94,538,423.73, reflecting increased costs in materials and testing[12] - Research and development expenses increased to ¥94,538,423.73, up from ¥73,092,007.83, representing a growth of approximately 29.4%[24] - The company experienced a 90.00% decrease in financial expenses, down to ¥14,780,270.30, due to lower financing costs and reduced interest expenses[12] - The company reported a significant decrease in financial expenses, down to ¥14,780,270.30 from ¥147,845,013.10, indicating improved financial management[24] - The cash paid to employees was 236,824,505.88, an increase from 213,969,709.13, reflecting higher labor costs[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 76,488, with the top ten shareholders holding significant stakes[18] - Midea Group Co., Ltd. holds 22.79% of shares, amounting to 378,514,789 shares, while Shenzhen Capital Operation Group Co., Ltd. holds 12.98% with 215,638,043 shares[19] Inventory and Operational Metrics - The company reported an increase in inventory by 22.72%, amounting to ¥1,077,749,580.95, driven by preparations for energy storage contract deliveries[10] - Total operating costs amounted to ¥1,146,104,735.73, up from ¥1,093,484,434.90, reflecting a rise of about 4.8%[24] - The cash outflow for operating activities totaled 1,126,419,461.52, up from 933,133,192.31, indicating increased operational expenses[27] - The impact of exchange rate changes on cash and cash equivalents was a loss of 411,555.98 yuan, a significant improvement compared to the previous loss of 15.86 million yuan[15] - The impact of exchange rate changes on cash and cash equivalents was -411,555.98, compared to -15,858,082.83 previously, showing a lesser negative effect from currency fluctuations[28]