派能科技(688063) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 392,199,503.99, representing a year-on-year increase of 1.72% compared to CNY 385,579,683.51 in the same period last year[4]. - The net profit attributable to shareholders was a loss of CNY 38,173,223.19, a significant decline of 1,054.23% from a profit of CNY 4,000,435.14 in the previous year[4]. - The basic and diluted earnings per share were both CNY -0.16, reflecting a decrease of 900% compared to CNY 0.02 in the same period last year[5]. - The company experienced a significant decline in gross profit, which was the primary reason for the drop in net profit attributable to shareholders[9]. - In Q1 2025, the company achieved revenue of CNY 392.20 million, a year-on-year increase of 1.72%, while the net profit attributable to shareholders was CNY -38.17 million, a decline of 1,054.23%[13]. - Total operating costs rose to CNY 441,781,679.44, up 19% from CNY 371,143,774.00 in the same period last year[19]. - Net profit for Q1 2025 was a loss of CNY 39,950,213.68, compared to a profit of CNY 3,951,860.14 in Q1 2024[20]. - The comprehensive income total for Q1 2025 was a loss of CNY 36,535,678.95, compared to a gain of CNY 3,254,154.48 in Q1 2024[20]. Cash Flow and Investments - The net cash flow from operating activities decreased by 29.99% to CNY 147,209,034.68 from CNY 210,254,481.05 in the previous year[5]. - In Q1 2025, the company reported cash inflows from operating activities of approximately CNY 658.29 million, an increase from CNY 630.66 million in Q1 2024, representing a growth of about 4.3%[21]. - The net cash flow from operating activities for Q1 2025 was CNY 147.21 million, down from CNY 210.25 million in Q1 2024, indicating a decrease of approximately 30%[21]. - Cash inflows from investment activities totaled CNY 6.45 billion in Q1 2025, significantly higher than CNY 4.77 billion in Q1 2024, marking an increase of about 35.3%[22]. - The net cash flow from investment activities was negative at CNY -178.14 million in Q1 2025, compared to a positive CNY 669.86 million in Q1 2024[22]. - Cash outflows from financing activities in Q1 2025 amounted to CNY 6.27 million, a decrease from CNY 43.37 million in Q1 2024, reflecting a reduction of approximately 85.5%[22]. - The company's cash and cash equivalents at the end of Q1 2025 were CNY 2.55 billion, down from CNY 2.69 billion at the end of Q1 2024, representing a decrease of about 5.2%[22]. - The total cash outflows from operating activities in Q1 2025 were CNY 511.08 million, compared to CNY 420.40 million in Q1 2024, reflecting an increase of about 21.6%[21]. - The company received CNY 86.38 million in tax refunds during Q1 2025, significantly higher than CNY 32.01 million in Q1 2024, indicating an increase of approximately 169%[21]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 11,530,084,657.2, down 1.14% from CNY 11,662,789,188.41 at the end of the previous year[5]. - The company's total liabilities decreased to CNY 2,367,938,409.72 from CNY 2,464,107,261.95 year-over-year[18]. - The total equity attributable to shareholders decreased to CNY 9,139,921,702.56 from CNY 9,174,905,768.15[18]. - Total assets as of March 31, 2025, were CNY 11.53 billion, a slight decrease from CNY 11.66 billion at the end of 2024[16]. - The company’s inventory increased to CNY 735.24 million from CNY 719.95 million, indicating a focus on maintaining stock levels[16]. - Accounts receivable decreased to CNY 781.76 million from CNY 938.15 million, reflecting improved collection efforts[15]. Research and Development - R&D expenses totaled CNY 82,696,297.60, accounting for 21.09% of operating revenue, a decrease of 2.73 percentage points from 23.82% in the previous year[5]. - Research and development expenses for Q1 2025 were CNY 82,696,297.60, down from CNY 91,837,154.21 in Q1 2024[19]. - The sodium-ion battery business has begun small-scale shipments, validating the market feasibility of the lead-acid replacement technology[14]. Market Outlook and Strategy - The company anticipates a recovery in household storage market demand and the realization of commercial energy storage projects, aiming for a dual recovery in volume and profit[14]. - The company continues to focus on market expansion and new product development as part of its strategic initiatives[19]. - The company faces potential operational pressures and performance decline risks due to macroeconomic conditions and market competition[14]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 22,464[11]. - The largest shareholder, Zhongxing New Communications Co., Ltd., held 24.66% of the shares, totaling 60,506,148 shares[11]. - The company holds 5,998,520 shares in a repurchase account, accounting for 2.44% of the total share capital of 245,359,249 shares[12].