Revenue and Profit - The company's revenue for Q1 2025 was CNY 734,156,086.80, representing a 2.77% increase compared to CNY 714,367,029.71 in the same period last year[5]. - Net profit attributable to shareholders increased by 19.29% to CNY 15,264,764.58 from CNY 12,796,115.83 year-on-year[5]. - Total operating revenue for Q1 2025 was CNY 734,156,086.80, an increase of 2.4% compared to CNY 714,367,029.71 in the previous year[18]. - Net profit for Q1 2025 reached CNY 14,096,430.63, representing a 14.5% increase from CNY 12,297,714.43 in the same period last year[19]. - The net profit attributable to the parent company was CNY 15,264,764.58, compared to CNY 12,796,115.83, marking a growth of 19.3%[19]. - Basic and diluted earnings per share for Q1 2025 were both CNY 0.0633, up from CNY 0.0531 in the previous year, indicating a 19.0% increase[19]. Cash Flow - The net cash flow from operating activities decreased significantly by 97.15%, amounting to CNY -22,842,775.82 compared to CNY -11,586,484.84 in the previous year[5]. - Operating cash inflow totaled $576.15 million, down 9.8% from $638.60 million in the previous period[21]. - Net cash outflow from operating activities was -$22.84 million, compared to -$11.59 million in the prior period[21]. - Cash inflow from investment activities was $333.23 million, significantly up from $30.51 million in the previous period[22]. - Net cash outflow from investment activities was -$67.26 million, a decrease from a net inflow of $24.77 million in the prior period[22]. - Cash inflow from financing activities was $45.86 million, with a net cash inflow of $31.20 million compared to a net outflow of -$1.45 million previously[22]. - The ending cash and cash equivalents balance was $197.91 million, down from $269.91 million at the end of the previous period[22]. Assets and Liabilities - Total assets grew by 8.83% to CNY 2,842,113,389.92 from CNY 2,611,499,894.19 at the end of the previous year[5]. - Total liabilities increased to CNY 1,649,057,499.07 from CNY 1,437,427,838.91, representing a rise of 14.7%[17]. - The total equity attributable to shareholders of the parent company was CNY 1,186,327,420.59, up from CNY 1,171,075,251.07, showing an increase of 1.3%[17]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,919, with the top two shareholders holding a combined 41.89% of the shares[10]. - The company has not reported any changes in the number of preferred shareholders or any significant changes in restricted shares[13]. Operational Metrics - Total operating costs for Q1 2025 were CNY 698,125,094.93, up from CNY 682,663,938.24, reflecting a year-over-year increase of 2.1%[18]. - Research and development expenses for Q1 2025 were CNY 12,744,627.84, down from CNY 17,382,182.21, indicating a decrease of 26.7%[18]. - The company reported a financial expense of CNY -2,082,535.64, compared to CNY -1,490,081.67 in the previous year, reflecting a change in financial strategy[18]. Receivables and Inventory - The company reported a 192.92% increase in accounts receivable, reaching CNY 62,259.79 million, primarily due to relaxed credit payment policies for downstream customers[9]. - Accounts receivable increased significantly from CNY 212,545,745.05 to CNY 622,597,907.29, representing a growth of about 193%[15]. - Inventory decreased from CNY 454,672,285.76 to CNY 412,752,315.59, a reduction of about 9.2%[15]. - The total amount of receivables financing decreased from CNY 760,679,019.11 to CNY 626,836,086.08, a decrease of approximately 17.6%[15]. Other Financial Metrics - The company's cash and cash equivalents decreased from CNY 438,355,343.21 to CNY 408,764,834.23, a decline of approximately 6.5%[15]. - The company received government subsidies amounting to CNY 1,966,905.59, which are closely related to its normal business operations[6]. - The company experienced a 44.06% increase in short-term loans, totaling CNY 8,817.56 million, attributed to increased credit borrowing[9]. - The company reported a significant increase in trading financial assets from CNY 108,564,856.30 to CNY 175,000,000.00, an increase of about 61.1%[15]. - Prepayments increased from CNY 2,416,575.37 to CNY 4,707,212.70, representing a growth of approximately 94.8%[15]. - Other receivables rose from CNY 1,387,394.03 to CNY 2,937,033.07, an increase of about 111.4%[15].
新柴股份(301032) - 2025 Q1 - 季度财报