长春一东(600148) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥175,851,845.70, a decrease of 0.5% compared to ¥176,733,589.27 in the same period last year[4] - The net profit attributable to shareholders was -¥415,189.02, an improvement from -¥1,742,020.44 year-on-year[4] - The net cash flow from operating activities decreased significantly by 98.93%, amounting to ¥643,933.23 compared to ¥60,454,528.72 in the previous year[4] - Total operating revenue for Q1 2025 was ¥175,851,845.70, a slight decrease from ¥176,733,589.27 in Q1 2024, representing a decline of approximately 0.5%[18] - Total operating costs decreased to ¥171,120,799.07 in Q1 2025 from ¥176,543,835.70 in Q1 2024, a reduction of about 3.1%[18] - Net profit for Q1 2025 was ¥3,467,145.99, significantly higher than ¥938,665.45 in Q1 2024, marking an increase of approximately 270%[19] - Operating profit rose to ¥5,912,837.51 in Q1 2025 from ¥2,471,593.83 in Q1 2024, an increase of about 139%[18] - The total profit for Q1 2025 was ¥5,951,229.22, compared to ¥2,278,305.98 in Q1 2024, reflecting an increase of approximately 161%[19] Assets and Liabilities - Total assets increased by 5.11% to ¥1,199,200,026.17 from ¥1,140,905,660.42 at the end of the previous year[5] - As of March 31, 2025, the company's total assets amounted to CNY 1,199,200,026.17, an increase from CNY 1,140,905,660.42 as of December 31, 2024, reflecting a growth of approximately 5.1%[13][15] - The company's current assets totaled CNY 967,950,037.61, up from CNY 908,282,814.86, indicating an increase of about 6.0%[13][15] - Total liabilities reached CNY 589,641,563.75, up from CNY 539,565,965.37, indicating an increase of approximately 9.3%[15] - The company's equity attributable to shareholders was CNY 465,170,958.11, slightly up from CNY 463,119,006.15, showing a marginal increase of about 0.4%[15] - The total current liabilities rose to CNY 313,316,807.84 as of March 31, 2025, compared to CNY 289,491,771.42 as of December 31, 2024, reflecting an increase of approximately 8.2%[25] Cash Flow - Cash flow from operating activities generated a net amount of ¥643,933.23 in Q1 2025, compared to ¥60,454,528.72 in Q1 2024, indicating a substantial decrease[21] - Cash and cash equivalents at the end of Q1 2025 were ¥158,322,761.70, down from ¥246,382,754.76 at the end of Q1 2024, a decrease of approximately 36%[22] - The cash flow from operating activities in Q1 2025 was CNY 66,055,955.83, down from CNY 89,867,045.19 in Q1 2024, representing a decrease of approximately 26.5%[30] - Cash and cash equivalents at the end of the period amounted to $71,664,268.60, down from $115,563,469.73 in the previous period[31] - The net increase in cash and cash equivalents for the period was $8,278.72, compared to $12,408,544.25 in the previous period[31] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,478[9] - The company has not reported any significant changes in its major shareholders or their relationships during the reporting period[10][11] Cost Management and Efficiency - The company is actively pursuing cost reduction and efficiency improvements, contributing to the increase in net profit despite the overall loss[7] - The company experienced a 51.41% increase in prepaid expenses, attributed to higher material payments[7] - The company’s tax payable increased by 186.64% due to higher profits, resulting in a greater VAT balance at the end of the period[7] - Research and development expenses for Q1 2025 were ¥5,040,549.37, down from ¥5,963,856.74 in Q1 2024, a decrease of about 15.4%[18] - Research and development expenses for Q1 2025 were CNY 2,748,652.90, slightly down from CNY 2,862,749.63 in Q1 2024, indicating a focus on cost management[27] Other Financial Metrics - The weighted average return on net assets was -0.09%, an improvement from -0.37% in the previous year[4] - The company reported a decrease in other comprehensive income, improving from -CNY 3,328,041.98 to -CNY 895,531.68, indicating a positive shift[15] - The company reported a basic earnings per share of -0.0029 in Q1 2025, improving from -0.0123 in Q1 2024[19] - The company reported a basic and diluted earnings per share of -0.034 for Q1 2025, compared to -0.035 for Q1 2024, showing a marginal improvement[28] Future Outlook - The company plans to implement new accounting standards starting in 2025, which may affect financial reporting[32]