茂硕电源(002660) - 2025 Q1 - 季度财报

Revenue and Profitability - The company's revenue for Q1 2025 was ¥301,663,691.85, representing a 14.70% increase compared to ¥263,001,416.18 in the same period last year[5] - Net profit attributable to shareholders decreased by 95.00% to ¥597,963.07 from ¥11,954,700.85 year-on-year[5] - Basic and diluted earnings per share dropped by 94.93% to ¥0.0017 from ¥0.0335 in the same period last year[5] - The company reported a significant decrease in net profit after deducting non-recurring gains and losses, which amounted to -¥2,238,364.62, down 119.17% from ¥11,677,522.07[5] - The company reported a net profit of -2,516,781.93, a significant decrease compared to the previous year's net profit of 9,069,523.10, indicating a decline of approximately 127.8%[16] - The total comprehensive income for the period was -3,281,473.39, contrasting with a total comprehensive income of 8,768,034.62 in the previous period, reflecting a decline of about 137.4%[17] Cash Flow and Investments - The net cash flow from operating activities improved significantly to ¥3,354,759.55, compared to a negative cash flow of ¥5,027,589.80 in the previous year, marking a 166.73% increase[5] - Cash received from investment activities reached CNY 11,570.78 million, marking a 100% increase, attributed to the recovery of large time deposits[9] - The company reported a 100% increase in cash received from investment income, totaling CNY 186.68 million, due to returns from large time deposits[9] - Cash outflow for investment activities was CNY 15,213.98 million, a 100% increase, driven by the purchase of structured deposits and large time deposits[9] - The company experienced a significant negative impact from exchange rate fluctuations, with a decrease of CNY 308.52 million in cash and cash equivalents[9] - Investment activities resulted in a net cash outflow of -32,779,754.25, an improvement from the previous year's outflow of -171,053,894.74, indicating a reduction in cash burn[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,988,068,363.41, a 1.38% increase from ¥1,961,039,473.29 at the end of the previous year[5] - Total current assets increased to ¥1,500,790,661.46, up 1.9% from ¥1,481,564,053.94 at the beginning of the period[12] - Long-term equity investments rose to ¥26,188,886.17, an increase of 23.6% from ¥21,188,886.17[13] - Total liabilities increased to ¥687,525,074.28, up 4.4% from ¥657,104,952.02[14] - The company's total assets reached ¥1,988,068,363.41, a growth of 1.4% from ¥1,961,039,473.29[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 36,623, with the largest shareholder holding 35.77% of the shares[10] - The top ten shareholders collectively hold 43.46% of the company's shares, indicating a concentrated ownership structure[10] Operating Performance - Total operating revenue for the current period reached ¥301,663,691.85, an increase of 14.7% compared to ¥263,001,416.18 in the previous period[15] - Total operating costs amounted to ¥309,345,890.27, up 20.3% from ¥257,172,477.69 in the prior period, with operating costs specifically rising from ¥193,420,714.29 to ¥243,400,271.85[15] - The company reported a net investment income of ¥1,567,183.72, a significant recovery from a loss of ¥87,509.82 in the previous period[15] Financial Expenses and Taxation - The company’s financial expenses decreased by 66.29% to -¥71.94 million, attributed to reduced interest income from current funds[8] - The company reported a significant increase in tax refunds received, totaling CNY 1,364.50 million, representing a 407.42% increase compared to the previous period[9] - The company experienced a 55.23% decrease in various taxes paid, amounting to CNY 380.01 million, primarily due to reduced VAT payments[9] - The company reported a 79.85% decrease in cash paid for interest, amounting to CNY 8.54 million, due to reduced loan interest payments[9] Research and Development - The company plans to continue investing in research and development, with R&D expenses totaling ¥24,406,755.27 for the current period[15] Credit and Fair Value - The company incurred credit impairment losses of -709,971.02, compared to -430,098.98 in the previous period, reflecting an increase in credit risk[16] - The fair value changes resulted in a gain of 545,967.00, a recovery from a loss of -1,070,041.30 in the previous period, indicating improved asset valuation[16]