华映科技(000536) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥341,974,490.37, a decrease of 19.13% compared to ¥422,867,866.49 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥232,979,380.96, an improvement of 9.22% from a loss of ¥256,641,703.96 year-over-year[5] - Total operating revenue decreased to ¥341,974,490.37 from ¥422,867,866.49, representing a decline of approximately 19.1% year-over-year[20] - Net loss attributable to the parent company was ¥232,979,380.96, compared to a loss of ¥256,641,703.96 in the previous period, showing an improvement of approximately 9.2%[22] - Basic and diluted earnings per share were both -0.0842, compared to -0.0928 in the previous period, indicating an improvement in loss per share[22] Cash Flow - The net cash flow from operating activities decreased by 65.01%, amounting to ¥16,444,678.83 compared to ¥47,001,353.13 in the previous year[5] - Cash inflow from operating activities was ¥422,677,540.98, down from ¥545,620,368.05, indicating a decrease of approximately 22.4% year-over-year[23] - The net cash flow from operating activities decreased to $16,444,678.83 from $47,001,353.13, representing a decline of approximately 65% year-over-year[24] - Cash outflows from operating activities totaled $406,232,862.15, down from $498,619,014.92, indicating a reduction of about 18.5%[24] - The ending cash and cash equivalents balance decreased to $42,668,737.11 from $168,284,485.05, reflecting a decline of approximately 74.7%[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,480,574,273.76, down 7.00% from ¥5,893,323,664.85 at the end of the previous year[5] - Total liabilities decreased to ¥4,399,978,946.76 from ¥4,578,617,670.26, representing a reduction of approximately 3.9%[18] - The company's total equity decreased to ¥1,080,595,327.00 from ¥1,314,705,994.59, a decline of about 17.8%[18] Shareholder Information - Total number of common shareholders at the end of the reporting period is 274,675[10] - The top 10 shareholders hold a combined 51.18% of the shares, with the largest shareholder, Fujian Electronic Information Industry Venture Capital Partnership, holding 13.73%[10] Investments and Expenditures - The company reported a significant increase in development expenditures, which rose by 65.43% due to increased capitalization of R&D projects[8] - Research and development expenses increased to ¥43,469,468.36 from ¥37,949,455.94, reflecting a rise of about 14.6% year-over-year[21] - Cash outflows for investing activities totaled $18,630,607.07, down from $25,843,534.58, indicating a decrease of about 27.8%[24] Changes in Assets - The company's cash and cash equivalents decreased from ¥500,257,095.23 to ¥300,556,776.52, a decline of approximately 40%[15] - Accounts receivable decreased from ¥80,946,640.91 to ¥56,592,738.58, representing a reduction of about 30%[16] - Inventory increased slightly from ¥202,499,544.78 to ¥204,191,787.98, an increase of approximately 0.84%[16] - Long-term equity investments decreased from ¥118,407,090.77 to ¥107,346,521.09, a decline of about 9.0%[16] - Fixed assets decreased from ¥4,417,883,219.40 to ¥4,237,862,988.45, a reduction of approximately 4.07%[16] Financial Strategy and Management - The company announced a performance forecast for 2024 on January 22, 2025, indicating future expectations[11] - The company appointed Mr. Zhang Faxiang as the secretary of the board on January 21, 2025[12] - The company has engaged in short-term fund borrowing from its controlling shareholder, indicating ongoing financial strategies[12]