创源股份(300703) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 reached ¥454,501,448.68, representing a 40.00% increase compared to ¥324,650,944.67 in the same period last year[5] - Net profit attributable to shareholders was ¥20,504,243.21, a significant increase of 218.33% from ¥6,441,130.25 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥19,578,535.28, up 254.63% from ¥5,520,800.86 in the previous year[5] - The basic earnings per share rose to ¥0.1137, reflecting a 218.49% increase compared to ¥0.0357 in the same quarter last year[5] - Total operating revenue for the current period reached ¥454,501,448.68, a significant increase of 40% compared to ¥324,650,944.67 in the previous period[22] - Net profit for the current period was ¥28,024,018.56, compared to ¥11,583,190.72 in the previous period, representing a growth of 142.5%[23] - Earnings per share (EPS) increased to 0.1137 from 0.0357, indicating a substantial improvement in profitability[24] - The total comprehensive income for the current period was ¥27,093,505.80, significantly higher than ¥8,730,859.90 in the previous period, indicating strong overall performance[24] Cash Flow and Management - The company's cash flow from operating activities improved to -¥14,395,412.58, a 58.98% reduction in losses from -¥35,089,374.18 in the previous year[5] - Cash inflow from operating activities totaled ¥519,417,051.68, compared to ¥340,541,705.24 in the previous period, marking a 52.6% increase[26] - The net cash flow from operating activities was -$14.40 million, an improvement from -$35.09 million in the previous period, indicating a reduction in cash outflow[27] - The company reported a net increase in cash received from other operating activities of ¥33,203,479.84, compared to ¥5,069,050.22 in the previous period, showing improved cash management[26] - Total cash outflow from investing activities was $38.46 million, compared to $275.91 million in the previous period, showing a significant decrease[27] - Cash inflow from investment activities was $7.33 million, significantly lower than $237.74 million in the previous period, indicating reduced investment returns[27] - Cash received from borrowings was $63.93 million, an increase from $54.36 million, showing a reliance on debt financing[27] Assets and Liabilities - Total assets decreased by 6.17% to ¥1,782,907,892.69 from ¥1,900,208,938.78 at the end of the previous year[5] - The company's total current assets decreased from 1,186,910,560.19 CNY to 1,034,880,989.88 CNY, a reduction of approximately 12.78%[19] - Total liabilities decreased to ¥816,269,420.96 from ¥947,871,163.57, a reduction of approximately 13.9%[20] - Total equity increased to ¥966,638,471.73 from ¥952,337,775.21, reflecting a growth of 1.5%[20] - Total non-current assets increased from 713,298,378.59 CNY to 748,026,902.81 CNY, an increase of about 4.87%[19] Shareholder Information - Total number of common shareholders at the end of the reporting period is 17,782[14] - The largest shareholder, Zhejiang Ninglv Enterprise Management Co., Ltd., holds 29.27% of shares, totaling 52,793,000 shares[14] Expenses - Total operating costs amounted to ¥423,399,207.46, up from ¥311,536,609.89, reflecting a 35.8% increase[22] - Research and development expenses were reported at ¥13,059,543.67, slightly down from ¥13,478,582.61, indicating a focus on cost management[23] - Cash paid to employees was $101.01 million, up from $86.24 million, indicating an increase in personnel costs[27] - Cash paid for taxes amounted to $13.60 million, compared to $12.56 million in the previous period, reflecting a rise in tax obligations[27] Other Income and Expenses - Other income increased by 173.75% to ¥2,521,419.84, primarily due to an increase in government subsidies received[11] - The company experienced a 111.15% rise in financial expenses, totaling ¥516,247.89, attributed to fluctuations in the RMB to USD exchange rate[11] Audit Information - The company did not undergo an audit for the first quarter report, which may affect the reliability of the financial data presented[29]