翔丰华(300890) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥306,023,520.37, representing a decrease of 8.08% compared to ¥332,915,443.77 in the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥8,150,934.09, a decline of 163.61% from a profit of ¥12,814,565.14 in the previous year[5]. - Total operating revenue for the current period is ¥306,023,520.37, a decrease of 8.2% from ¥332,915,443.77 in the previous period[20]. - Net profit for the current period is a loss of ¥8,210,988.49, compared to a profit of ¥12,371,206.20 in the previous period[21]. - The company reported a total comprehensive income of -¥8,259,966.83 for the current period, compared to ¥12,371,206.20 in the previous period[22]. - Basic earnings per share for the current period is -0.0685, compared to 0.1186 in the previous period[22]. Cash Flow - The net cash flow from operating activities improved by 12.06%, amounting to -¥103,473,664.04 compared to -¥117,663,666.28 in the same period last year[5]. - Cash flow from operating activities decreased significantly to ¥14,712,387.60 from ¥309,320,509.29 in the previous period[24]. - Total cash outflow for operating activities was $140.41 million, compared to $430.35 million in the previous period, showing a reduction[25]. - Cash inflow from financing activities amounted to $415.12 million, with cash outflow of $178.19 million, leading to a net cash flow of $236.93 million[25]. - The company reported a significant increase in financing cash flow, which reached ¥236,932,263.80, a rise of 436.69% compared to ¥70,370,483.11 in the same period last year[12]. Assets and Liabilities - The total assets at the end of Q1 2025 were ¥4,608,303,728.23, reflecting a growth of 3.88% from ¥4,436,207,714.82 at the end of the previous year[5]. - Total current assets increased to ¥2,299,592,622.92 from ¥2,155,810,659.23, reflecting a growth of approximately 6.67%[17]. - The total liabilities increased to ¥2,354,501,565.53 from ¥2,174,159,648.74, reflecting a growth of 8.3%[22]. - The total equity decreased to ¥2,253,802,162.70 from ¥2,262,048,066.08, a decline of 0.4%[22]. - The company has a total non-current liability of ¥1,071,995,713.24, an increase from ¥988,969,115.87 in the previous period[22]. Research and Development - Research and development expenses increased by 85.83% to ¥13,504,000.27, up from ¥7,267,000.20 in the previous year, indicating a focus on innovation[11]. - The company reported a significant increase in R&D expenses, totaling ¥13,504,000.27, up 85.5% from ¥7,267,000.20 in the previous period[21]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 20,931[14]. - The largest shareholder, Zhou Pengwei, holds 11.29% of shares, totaling 13,433,514 shares[14]. - There are no reported changes in the top 10 shareholders' participation in margin trading[15]. Tax and Subsidies - The company received government subsidies amounting to ¥3,684,428.72, which contributed to its financial performance despite the overall losses[6]. - The company experienced a 70.46% decrease in taxes payable, which fell to ¥1,641,876.45 from ¥5,558,582.57, reflecting improved tax management[10]. Inventory and Receivables - Accounts receivable rose to ¥775,613,896.56 from ¥695,669,790.76, indicating an increase of about 11.49%[17]. - Inventory increased to ¥811,445,369.16 from ¥772,483,069.19, showing a growth of approximately 5.06%[18]. Borrowings - Short-term borrowings rose by 51.55% to ¥502,383,776.40, primarily due to increased bank loans[10]. - Short-term borrowings increased significantly to ¥502,383,776.40 from ¥331,492,332.21, representing a rise of about 51.55%[18]. Audit Information - The company did not undergo an audit for the first quarter report[26].