天邑股份(300504) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥330,883,844.16, representing a decrease of 38.55% compared to ¥538,424,354.77 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥23,270,668.94, a decline of 226.79% from a profit of ¥18,353,039.96 in the previous year[5] - Total operating revenue decreased to ¥330,883,844.16 from ¥538,424,354.77, representing a decline of approximately 38.6% year-over-year[28] - Net profit for the period was a loss of ¥23,270,668.94, compared to a profit of ¥18,353,039.96 in the previous period, indicating a significant downturn[29] - Basic and diluted earnings per share both decreased to -¥0.09 from ¥0.07, reflecting the company's financial challenges[30] Cash Flow - The cash flow from operating activities improved to ¥90,303,380.84, a significant increase of 144.81% compared to a negative cash flow of ¥201,529,559.63 last year[5] - Cash flow from operating activities was ¥414,533,024.75, compared to ¥434,057,785.53 in the previous period, indicating a slight decrease in cash generation[32] - Total cash inflow from operating activities was $429,535,272.88, while cash outflow was $339,231,892.04, resulting in a net increase in cash flow from operations[33] - The total cash outflow for operating activities was $649,575,018.52 in the previous year, highlighting a significant reduction in cash outflows this year[33] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥2,589,587,382.02, a decrease of 0.79% from ¥2,610,178,844.53 at the end of the previous year[5] - Total current assets decreased from ¥1,971,817,953.12 to ¥1,953,172,867.50, a reduction of about 0.9%[25] - Total liabilities increased slightly to ¥440,349,752.26 from ¥436,008,657.20, showing a marginal rise in financial obligations[28] - Total equity attributable to shareholders decreased to ¥2,149,237,629.76 from ¥2,174,170,187.33, indicating a decline in shareholder value[28] Shareholder Information - Total number of common shareholders at the end of the reporting period is 25,508[21] - The largest shareholder, Sichuan Tianyi Group, holds 30.91% of shares, totaling 83,775,060 shares[21] - The total number of shares held by the top ten unrestricted shareholders includes 83,775,060 shares from Sichuan Tianyi Group[21] Expenses and Income - Sales expenses decreased by 41.12%, mainly due to lower salaries and share-based payments[12] - Financial expenses dropped by 75.54%, primarily due to reduced exchange losses from currency fluctuations[13] - Investment income surged by 8836.61%, driven by increased returns from financial products[15] - Research and development expenses were ¥19,493,332.93, down from ¥22,757,582.79, a decrease of approximately 14.9% year-over-year[29] Deferred Income and Other Comprehensive Income - The deferred income increased by 464.43%, attributed to new government subsidies recognized as deferred income[11] - Deferred income increased significantly to ¥10,053,904.71 from ¥1,781,261.05, reflecting a substantial rise in future revenue recognition[28] - Other comprehensive income attributable to shareholders was -¥1,661,888.63, compared to -¥20,686,075.36 in the previous period, showing an improvement in this area[30] Cash and Cash Equivalents - The company reported a 42.89% decrease in cash and cash equivalents compared to the beginning of the period, primarily due to the use of idle funds for investments and bonuses[9] - The company's cash and cash equivalents decreased from ¥426,366,976.96 to ¥243,484,522.76, a decline of approximately 42.9%[25] - The ending cash and cash equivalents balance was $201,656,458.20, down from $253,440,283.23 in the previous year, indicating a decline in liquidity[34] Audit and Strategy - The company has not disclosed any significant new strategies or product developments during this reporting period[24] - The company did not undergo an audit for the first quarter report, which may affect investor confidence in the financial statements[34]