明新旭腾(605068) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 281,526,264.45, representing a 25.60% increase compared to CNY 224,138,797.29 in the same period last year[3]. - Net profit attributable to shareholders decreased by 19.62% to CNY 10,496,018.06 from CNY 13,058,132.09 year-on-year[3]. - The net profit after deducting non-recurring gains and losses fell by 47.39% to CNY 4,369,374.84, attributed to changes in product structure and increased depreciation and expenses from new projects[6]. - Basic and diluted earnings per share decreased by 25.00% to CNY 0.06 from CNY 0.08 year-on-year[3]. - Total operating revenue for Q1 2025 reached CNY 281,526,264.45, an increase of 25.6% compared to CNY 224,138,797.29 in Q1 2024[17]. - Gross profit for Q1 2025 was CNY 13,368,442.03, compared to CNY 11,328,581.02 in Q1 2024, indicating a growth of 18.0%[17]. - Net profit for Q1 2025 was CNY 10,496,018.06, a decrease of 19.7% from CNY 13,058,132.09 in Q1 2024[17]. - Total comprehensive income for Q1 2025 was ¥10,456,489.36, down from ¥14,614,023.49 in Q1 2024, reflecting a decline of 28.5%[18]. - Basic and diluted earnings per share for Q1 2025 were both ¥0.06, compared to ¥0.08 in Q1 2024, indicating a 25% decrease[18]. - The net profit attributable to the parent company for Q1 2025 was ¥10,496,018.06, a decrease of 19.6% compared to ¥13,058,132.09 in Q1 2024[18]. - The net profit for Q1 2025 was ¥1,985,691.15, a significant decrease of 68.6% from ¥6,332,155.32 in Q1 2024[29]. Cash Flow - The net cash flow from operating activities was negative at CNY -1,884,837.45, an improvement from CNY -41,971,599.91 in the previous year[3]. - Cash inflows from operating activities in Q1 2025 totaled ¥317,881,408.34, an increase of 37.3% from ¥231,467,747.66 in Q1 2024[22]. - The net cash flow from operating activities for Q1 2025 was -¥1,884,837.45, an improvement from -¥41,971,599.91 in Q1 2024[22]. - Cash outflows from investing activities in Q1 2025 were ¥173,179,300.38, a decrease of 19.3% compared to ¥214,608,162.54 in Q1 2024[23]. - The net cash flow from investing activities for Q1 2025 was -¥39,335,473.26, an improvement from -¥103,733,307.45 in Q1 2024[23]. - Cash inflows from financing activities in Q1 2025 were ¥90,000,000.00, down 52.6% from ¥189,800,000.00 in Q1 2024[23]. - The net cash flow from financing activities for Q1 2025 was -¥896,952.52, a significant decline from ¥22,907,680.19 in Q1 2024[23]. - The net cash flow from operating activities improved to ¥88,593,635.43 in Q1 2025, compared to a negative cash flow of ¥93,162,132.09 in Q1 2024[30]. - The company did not report any cash inflow from financing activities in Q1 2025, while it had cash inflows of ¥37,800,000.00 in Q1 2024[31]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,538,885,676.84, a slight increase of 0.12% from CNY 3,534,586,248.35 at the end of the previous year[4]. - Total assets as of March 31, 2025, amounted to CNY 3,538,885,676.84, a slight increase from CNY 3,534,586,248.35 at the end of 2024[13]. - Total liabilities as of March 31, 2025, were CNY 1,859,294,460.64, compared to CNY 1,865,451,521.51 at the end of 2024[14]. - The company's total equity as of March 31, 2025, was CNY 1,679,591,216.20, up from CNY 1,669,134,726.84 at the end of 2024[14]. - The total liabilities as of March 31, 2025, amounted to ¥1,355,451,993.62, an increase from ¥1,324,527,500.71 as of December 31, 2024[27]. - The total equity as of March 31, 2025, was ¥1,656,840,736.73, slightly up from ¥1,654,855,045.58 as of December 31, 2024[27]. - The company reported a significant increase in inventory, which stood at CNY 823,684,315.55 as of March 31, 2025, compared to CNY 743,064,978.11 at the end of 2024, reflecting a growth of 10.8%[12]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,173[8]. - The largest shareholder, Zhuang Junxin, holds 43,304,000 shares, accounting for 26.71% of the total shares[8]. Research and Development - Research and development expenses for Q1 2025 totaled CNY 24,354,750.25, slightly down from CNY 25,133,650.81 in Q1 2024[17]. - Research and development expenses increased to ¥15,207,389.77 in Q1 2025, up 48.9% from ¥10,200,173.95 in Q1 2024[28]. Government Subsidies - The company received government subsidies amounting to CNY 9,427,676.18, which positively impacted the financial results[5]. Financial Expenses - The company reported a significant increase in financial expenses, with interest expenses rising to ¥48,321,759.62 in Q1 2025 from ¥10,699,034.78 in Q1 2024[28].