Etrol(SZ:300370)2025-04-17 14:15Financial Performance - The company's revenue for Q1 2025 was ¥40,908,460.61, a decrease of 3.78% compared to ¥42,517,423.52 in the same period last year[3] - Net profit attributable to shareholders was -¥25,487,659.33, representing a decline of 42.54% from -¥17,881,640.59 year-on-year[3] - The net profit for the current period is -27,626,171.59, compared to -19,223,466.98 in the previous period, indicating a decline of approximately 43.5%[19] - The total comprehensive income for the current period is -27,622,455.62, compared to -19,229,531.36 in the previous period, reflecting a decrease of about 43.8%[20] - The basic and diluted earnings per share for the current period are both -0.0163, compared to -0.0114 in the previous period, representing a decline of approximately 43.5%[20] - The company reported a net loss of CNY 2,270,455,624.28, slightly worsening from a loss of CNY 2,244,967,964.95 in the previous period[16] - The company’s operating profit for the current period is -26,314,440.11, compared to -18,098,485.67 in the previous period, reflecting a decline of approximately 45.5%[19] Cash Flow and Liquidity - The net cash flow from operating activities was -¥23,377,984.28, a decrease of 54.80% compared to -¥15,101,810.80 in the previous year[3] - Cash flow from operating activities shows a net outflow of -23,377,984.28, worsening from -15,101,810.80 in the previous period[22] - Cash flow from investing activities results in a net outflow of -6,926,053.92, slightly improving from -7,164,222.25 in the previous period[22] - Cash flow from financing activities shows a net outflow of -42,707,479.67, contrasting with a net inflow of 31,960,134.96 in the previous period[22] - The company reported a significant reduction in cash and cash equivalents, down 53.52% to ¥63,560,826.30 due to loan repayments and operational expenses[7] - The total cash and cash equivalents at the end of the period is 63,560,826.30, down from 57,068,926.15 in the previous period[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,372,647,788.99, down 8.64% from ¥1,502,429,420.03 at the end of the previous year[3] - Total assets decreased to CNY 1,372,647,788.99 from CNY 1,502,429,420.03, indicating a contraction in the asset base[16] - Total liabilities decreased to CNY 754,146,049.68 from CNY 856,396,985.09, reflecting a reduction in financial obligations[15] - The total equity attributable to shareholders decreased to CNY 537,047,475.74 from CNY 562,439,659.11, indicating a decline in shareholder value[16] Operational Metrics - Total operating revenue for the current period was CNY 40,908,460.61, a decrease of 3.8% from CNY 42,517,423.52 in the previous period[18] - Total operating costs increased to CNY 73,068,148.83, up 6.4% from CNY 68,734,870.97 in the previous period[18] - Research and development expenses rose to CNY 7,535,777.55, compared to CNY 6,224,414.36 in the previous period, indicating a focus on innovation[18] - The company experienced a 35.64% increase in selling expenses, totaling ¥7,991,701.42, attributed to an expanded consolidation scope[7] - Inventory increased to CNY 105,055,256.58 from CNY 82,890,175.88, suggesting potential overstocking or anticipated demand[13] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 54,600[9] - The largest shareholder, Yibin Xuzhou District Chuangyi Industrial Investment Co., Ltd., holds 15.12% of the shares, amounting to 236,628,960 shares[9] Accounts Receivable - Accounts receivable decreased by 31.92% to ¥167,387,704.18, primarily due to improved collection of receivables[7] - Accounts receivable decreased to CNY 167,387,704.18 from CNY 245,857,765.59, showing improved collection efforts[13] Credit Impairment - The company incurred credit impairment losses of 5,125,851.71, compared to 7,095,393.88 in the previous period, indicating a decrease of about 27.8%[19]