Financial Performance - The company's revenue for Q1 2025 reached ¥2,500,567,347.01, representing a 110.04% increase compared to ¥1,190,527,167.06 in the same period last year[7] - Net profit attributable to shareholders was ¥18,200,862.49, a significant turnaround from a loss of ¥94,752,658.80 in the previous year, marking a 119.21% increase[7] - The net profit after deducting non-recurring gains and losses was ¥5,886,979.13, compared to a loss of ¥103,945,358.44 last year, reflecting a 105.66% improvement[7] - The basic and diluted earnings per share improved to ¥0.03 from a loss of ¥0.21, representing a 114.29% increase[7] - Net profit for Q1 2025 was ¥31,305,970.46, a turnaround from a net loss of ¥135,688,549.15 in Q1 2024[24] - The company reported a total comprehensive income of ¥31,846,470.46 for Q1 2025, compared to a comprehensive loss of ¥135,688,549.15 in the same quarter last year[24] Assets and Liabilities - The company's total assets increased by 17.05% to ¥17,416,817,741.00 from ¥14,879,695,712.43 at the end of the previous year[7] - The total assets of Jiujiang Defu Technology Co., Ltd. reached CNY 17,416,817,741.00 as of March 31, 2025, an increase from CNY 14,879,695,712.43 at the beginning of the period, reflecting a growth of approximately 15.5%[19] - The company's total liabilities reached CNY 10,200,000,000.00, reflecting a significant increase compared to previous periods[19] - The company's total liabilities as of Q1 2025 amounted to ¥12,807,764,793.48, compared to ¥10,304,361,675.02 in the previous year[23] - The total current liabilities increased to CNY 8,816,681,934.29 from CNY 7,399,362,353.73, marking a rise of about 19.1%[19] Cash Flow - The net cash flow from operating activities decreased significantly to -¥211,600,615.90, compared to -¥28,997,190.62 in the previous year, primarily due to increased cash payments for raw materials and employee compensation[7] - Cash flow from operating activities for Q1 2025 was ¥2,181,567,997.92, an increase from ¥1,322,961,339.50 in Q1 2024[26] - The net cash flow from operating activities was -211,600,615.90, compared to -28,997,190.62 in the previous period, indicating a significant decline[27] - Cash inflow from investment activities totaled 188,015,236.78, while cash outflow was 347,155,616.44, resulting in a net cash flow of -159,140,379.66[27] - The net cash flow from financing activities was 1,686,192,845.63, an increase from 527,932,757.52 in the previous period, showing strong financing support[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 26,233, indicating a stable shareholder base[13] - Total equity attributable to shareholders of the parent company was ¥4,011,285,585.43, slightly up from ¥3,991,047,049.81 in Q1 2024[23] Operational Highlights - The significant increase in revenue was attributed to a substantial rise in copper foil sales and improved production capacity utilization, leading to a higher gross margin[11] - Total operating revenue for Q1 2025 reached ¥2,500,567,347.01, a significant increase of 109.0% compared to ¥1,190,527,167.06 in the same period last year[22] - Total operating costs for Q1 2025 were ¥2,513,340,476.33, up 85.9% from ¥1,351,611,424.75 in Q1 2024[23] - Research and development expenses for Q1 2025 were ¥58,392,077.19, an increase of 43.6% from ¥40,683,567.92 in Q1 2024[23] Inventory and Receivables - Accounts receivable rose to CNY 2,839,284,970.38, up from CNY 2,324,061,637.04, indicating an increase of approximately 22.1%[19] - The company has a significant increase in inventory, which rose to CNY 1,571,538,809.44 from CNY 1,538,207,333.78, reflecting a growth of about 2.2%[19] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[19]
德福科技(301511) - 2025 Q1 - 季度财报