Financial Performance - The company's revenue for Q1 2025 was ¥1,460,996,097.87, a decrease of 3.59% compared to ¥1,515,365,728.50 in the same period last year[5] - Net profit attributable to shareholders was ¥123,464,114.70, down 14.27% from ¥144,015,466.29 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥114,134,280.11, reflecting a decline of 19.05% compared to ¥140,989,420.80 in the previous year[5] - Total operating revenue for the current period is CNY 1,460,996,097.87, a decrease of 3.6% from CNY 1,515,365,728.50 in the previous period[20] - Net profit for the current period is CNY 123,464,114.70, a decline of 14.3% compared to CNY 144,015,466.29 in the previous period[21] - Basic and diluted earnings per share are both CNY 0.42, down from CNY 0.49 in the previous period[22] Assets and Liabilities - The company's total assets increased by 0.66% to ¥10,776,161,911.06 from ¥10,705,210,879.03 at the end of the previous year[5] - Total assets amount to CNY 10,776,161,911.06, slightly up from CNY 10,705,210,879.03[19] - Total liabilities decreased to CNY 1,846,889,252.48 from CNY 1,905,063,981.52, indicating improved financial stability[19] - Deferred income tax liabilities decreased to CNY 132,944,103.39 from CNY 175,061,014.10, reflecting better tax management[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 27,908[12] - The top 10 shareholders hold a combined 76.68% of the shares, with the largest shareholder, Luo Jie, owning 22.43% (66,093,066 shares)[12] - The total number of restricted shares at the end of the period is 126,836,056, with a planned release date of September 17, 2025[14] - There are no changes in the participation of major shareholders in margin financing and securities lending activities[12] Cash Flow and Investments - Cash flow from operating activities improved by 19.61%, with a net outflow of ¥19,122,028.53 compared to ¥23,787,999.78 in the same period last year[5] - Operating cash inflow for the current period was CNY 1,566,966,264.53, an increase of 4.3% from CNY 1,501,958,894.87 in the previous period[23] - Net cash flow from operating activities was negative CNY 19,122,028.53, improving from negative CNY 23,787,999.78 in the previous period[23] - Cash outflow from investing activities was CNY 142,142,951.25, a decrease of 4.9% compared to CNY 148,925,025.61 in the previous period[24] - Net cash flow from financing activities was negative CNY 97,111,286.36, a significant decline from positive CNY 176,822,700.85 in the previous period[24] - The total cash and cash equivalents at the end of the period was CNY 3,076,576,688.04, down from CNY 3,747,769,494.41 in the previous period[24] Expenses - Research and development expenses increased by 30.61% to ¥20,254,210.25 from ¥15,507,796.66 year-on-year, indicating a focus on innovation[11] - Management expenses surged by 110.10% to ¥98,840,410.62, attributed to increased personnel costs and administrative expenses[11] - Cash paid to employees increased to CNY 136,977,765.58 from CNY 90,959,862.29, reflecting a rise of 50.7%[23] Other Financial Metrics - The company reported a significant increase in contract liabilities, up 3,144.15% to ¥110,400,708.39, driven by rising sales prices of cobalt products[9] - The company experienced a 71.14% increase in accounts receivable financing, rising to ¥445,237,980.73 from ¥260,163,561.93, reflecting a change in financing strategy[9] - Accounts receivable increased to ¥397,319,825.63 from ¥349,187,932.07, representing a growth of about 13.7%[17] - Inventory levels rose slightly to ¥2,657,382,322.73 from ¥2,641,131,458.74, an increase of approximately 0.6%[17] - Fixed assets increased to ¥3,128,952,726.43 from ¥3,094,060,021.79, reflecting a growth of about 1.1%[17] - The total current assets amounted to ¥7,084,685,065.15, up from ¥7,020,961,952.36, indicating a rise of approximately 0.9%[17] Market Conditions - Other comprehensive income after tax for the current period is CNY -7,409,957.99, compared to CNY 33,345,493.00 in the previous period, highlighting volatility in market conditions[21] - The impact of exchange rate changes on cash and cash equivalents was negative CNY 1,720,571.26, contrasting with a positive impact of CNY 2,804,874.46 in the previous period[24] Audit Information - The company did not undergo an audit for the first quarter report[25]
腾远钴业(301219) - 2025 Q1 - 季度财报