隆华新材(301149) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥1,509,309,537, representing an increase of 11.52% compared to ¥1,353,450,270 in the same period last year[4]. - Net profit attributable to shareholders for Q1 2025 was ¥57,124,666, up 19.52% from ¥47,793,752 in Q1 2024[4]. - Total operating revenue for the current period reached ¥1,509,309,537, an increase of 11.5% compared to ¥1,353,450,270 in the previous period[16]. - Net profit for the current period was ¥57,124,666.11, representing a 19.5% increase from ¥47,793,752.21 in the previous period[17]. - Earnings per share (EPS) for the current period was ¥0.13, compared to ¥0.11 in the previous period, indicating a 18.2% growth[18]. Cash Flow - The net cash flow from operating activities was -¥60,132,325, a decrease of 220.06% compared to ¥50,083,337 in the previous year[8]. - Cash flow from operating activities was ¥1,821,080,454.50, an increase from ¥1,511,005,495.94, showing a growth of 20.5%[20]. - Total cash inflow from operating activities increased to $1.87 billion, up from $1.55 billion[21]. - Cash outflow from investing activities rose significantly to $1.01 billion, compared to $555.43 million in the previous period[21]. - Net cash flow from investing activities was -$498.95 million, worsening from -$157.20 million year-over-year[21]. - Cash inflow from financing activities decreased to $300 million from $441.26 million[21]. - Net cash flow from financing activities was $245.40 million, down from $321.50 million[21]. - The ending cash and cash equivalents balance decreased to $299.41 million from $653.22 million[21]. Assets and Liabilities - Total assets at the end of Q1 2025 reached ¥3,583,285,582, reflecting a growth of 10.86% from ¥3,232,276,544 at the end of the previous year[4]. - Total liabilities increased to ¥1,607,448,048.66 from ¥1,313,373,335.74, marking a rise of 22.4%[15]. - The company's total current assets amount to ¥1,977,453,729.07, an increase from ¥1,681,064,601.49 at the beginning of the period, representing a growth of approximately 17.6%[13][14]. - Total assets reached ¥3,583,285,582.23, up from ¥3,232,276,544.28, indicating an increase of about 10.8%[14]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 18,628[10]. - The largest shareholder, Han Zhigang, holds 33.99% of shares, totaling 146,150,564 shares[10]. - The total number of shares held by the top ten shareholders includes significant stakes from family members, indicating a concentrated ownership structure[11]. - The company reported a total of 960,200 shares held by shareholder Xu Ying, with 130,000 shares held through a regular account and 830,200 shares through a margin account[11]. - The company has not reported any changes in the status of restricted shares or preferred shareholders during this period[12]. Research and Development - The company's R&D expenses increased by 38.62% to ¥5,443,231 in Q1 2025, compared to ¥3,926,623 in Q1 2024, indicating a focus on innovation[7]. - Research and development expenses increased to ¥5,443,231.22 from ¥3,926,623.55, a rise of 38.7%[17]. Other Financial Metrics - The weighted average return on equity for Q1 2025 was 2.93%, an increase of 0.37% from 2.56% in the previous year[4]. - The company reported a significant increase in inventory, which rose by 54.76% to ¥552,928,046.81, attributed to growth in production and sales[7]. - The company recorded a 891.23% increase in other income, reaching ¥12,481,456.38 in Q1 2025, compared to ¥1,259,182.83 in Q1 2024, driven by increased input tax deductions[7]. - Total operating costs amounted to ¥1,459,157,230.80, up from ¥1,301,443,400.66, reflecting a growth of 12.1%[16]. - The company reported a financial expense of ¥894,676.33, compared to a financial income of -¥174,089.65 in the previous period[17]. - The company received tax refunds amounting to ¥30,556,106.28, compared to ¥24,829,910.95 in the previous period, indicating a growth of 22.0%[20].