QJIANG(SZ:000913)2025-04-21 11:15Financial Performance - Q1 2025 revenue was CNY 1,334,233,217.16, a decrease of 0.81% compared to CNY 1,345,095,802.23 in the same period last year[5] - Net profit attributable to shareholders was CNY 86,698,775.66, down 37.96% from CNY 139,754,838.07 year-on-year[5] - Basic earnings per share decreased by 38.42% to CNY 0.1670 from CNY 0.2712 in the same period last year[5] - Net profit for the current period was ¥86,528,515.03, down 38.2% from ¥140,017,606.05 in the previous period[20] - Operating profit decreased to ¥87,599,381.06, a decline of 39.2% compared to ¥144,294,544.83 in the previous period[20] - The total comprehensive income attributable to the parent company was 85,002,859.97 yuan, compared to 139,848,481.57 yuan in the previous period, reflecting a decrease[21] Cash Flow - The net cash flow from operating activities was negative CNY 150,124,863.04, a decline of 231.21% compared to CNY 114,414,803.89 in the previous year[5] - Operating cash inflow increased by 9.13% to ¥1,608,766,340.55 compared to the same period last year[11] - Operating cash outflow rose by 29.35% to ¥1,758,891,203.59, primarily due to increased payments for goods and services[11] - Net cash flow from operating activities turned negative at -¥150,124,863.04, a decline of 231.21% year-on-year[11] - The net increase in cash and cash equivalents was -¥280,050,303.89, a decline of 136.58% compared to the previous year[11] - Cash received from the sale of goods and services amounted to 1,320,024,504.54 yuan, an increase from 1,240,812,916.57 yuan year-over-year[23] Assets and Liabilities - Total assets increased by 1.37% to CNY 10,426,176,331.98 from CNY 10,285,044,093.77 at the end of the previous year[5] - Total liabilities rose to ¥5,538,403,956.82, an increase of 0.95% from ¥5,486,321,852.62 in the previous period[18] - Total equity attributable to shareholders increased to ¥4,881,469,223.71 from ¥4,792,029,479.64, a growth of 1.86%[18] - Cash and cash equivalents decreased to ¥5,393,945,596.89 from ¥5,677,551,910.71, a decline of 5.0%[16] - Accounts receivable increased to ¥518,391,790.74, up 25.5% from ¥413,022,555.65 in the previous period[16] Research and Development - R&D expenses rose by 29.88% to CNY 90,940,464.76, driven by investments in new product development[9] - Research and development expenses rose to ¥90,940,464.76, an increase of 29.6% from ¥70,016,719.21 in the previous period[20] Non-Operating Income and Expenses - Non-operating income increased by 189.42% to CNY 4,337,686.14, mainly due to increased penalties from suppliers[10] - The company reported a decrease in minority shareholder losses, which amounted to CNY -170,260.63, compared to a profit of CNY 262,767.98 in the previous year[10] - The company experienced a foreign exchange loss of -1,608,465.30 yuan, compared to a gain of 373,281.81 yuan in the previous period[24] Investment Activities - Investment cash inflow dropped by 100% to ¥3,982.30, significantly lower than last year's ¥190,982,211.51[11] - Investment cash outflow increased by 69.47% to ¥125,498,959.04, attributed to higher infrastructure project investments[11] - Net cash flow from investing activities decreased by 207.33% to -¥125,494,976.74 due to reduced cash inflow[11] - The net cash flow from investing activities was -125,494,976.74 yuan, compared to 116,928,106.76 yuan in the previous period[24] Financing Activities - Financing cash inflow decreased by 8.72% to ¥950,559,781.04, mainly due to reduced project loans[11] - Financing cash outflow surged by 87.82% to ¥953,381,779.85, primarily from increased payments for discounted bank acceptance bills[11] - Net cash flow from financing activities fell by 100.53% to -¥2,821,998.81, reflecting the impact of cash inflows and outflows[11] - The total cash inflow from financing activities was 950,559,781.04 yuan, down from 1,041,376,679.56 yuan in the previous period[24]