BLIIC(SZ:300135)2025-04-22 09:25Financial Performance - The company's operating revenue for Q1 2025 was ¥229,775,823.19, a decrease of 42.82% compared to ¥401,826,993.91 in the same period last year[5]. - The net profit attributable to shareholders was ¥3,238,987.49, down 26.61% from ¥4,413,200.22 year-on-year[5]. - Total operating revenue decreased to ¥229,775,823.19 from ¥401,826,993.91, representing a decline of approximately 42.7% year-over-year[20]. - Net profit for the period was ¥3,197,246.80, slightly up from ¥3,137,596.68, indicating a year-over-year increase of approximately 1.9%[22]. - Earnings per share (EPS) decreased to ¥0.0035 from ¥0.0048, reflecting a decline of about 27.1% year-over-year[22]. - The company reported a comprehensive income of ¥3,141,589.02, compared to ¥2,868,746.26, an increase of about 9.5% year-over-year[22]. Cash Flow - The net cash flow from operating activities improved by 34.44%, reaching -¥24,611,496.00 compared to -¥37,537,741.38 in the previous year[5]. - Cash flow from operating activities was ¥468,376,188.12, down from ¥656,338,497.16, a decrease of approximately 28.7% year-over-year[24]. - The net cash flow from financing activities was $36.62 million, a significant recovery from the previous net outflow of -$21.37 million[25]. - Total cash inflow from financing activities was $526.69 million, up from $291.42 million, representing an increase of about 80.5%[25]. - Cash outflow from financing activities totaled $490.08 million, compared to $312.78 million, reflecting a rise of approximately 56.7%[25]. - Cash inflow from operating activities totaled $484.90 million, down from $658.59 million, reflecting a decrease of approximately 26.4%[25]. - Total cash outflow from operating activities was $509.51 million, compared to $696.12 million, indicating a reduction of about 26.8%[25]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥1,704,447,781.48, a slight decrease of 0.61% from ¥1,714,850,464.08 at the end of the previous year[5]. - The company reported a total asset of CNY 1,704,447,781.48 as of March 31, 2025, a slight decrease from CNY 1,714,850,464.08 at the beginning of the period[17]. - The company’s total liabilities stood at CNY 1,298,304,072.31, with short-term borrowings at CNY 587,868,469.33, slightly down from CNY 608,613,378.95[18]. - Total liabilities decreased to ¥761,257,954.34 from ¥774,802,225.96, a reduction of about 1.9%[19]. - Total equity increased to ¥943,189,827.14 from ¥940,048,238.12, showing a slight increase of approximately 0.2%[19]. Inventory and R&D - The inventory increased significantly by 88.12%, amounting to ¥280,744,887.07, primarily due to increased asphalt procurement[8]. - The company reported a 51.90% reduction in R&D expenses, totaling ¥1,935,658.02, compared to ¥4,024,161.50 in the previous year[10]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 40,212, with the top ten shareholders holding a combined 35.37% of the shares[12]. - The company’s major shareholder, 池州投科, acquired 208,000,000 shares, representing 22.57% of total shares, changing the controlling shareholder[16]. Other Income and Expenses - The company recorded a significant increase of 865.04% in other income, amounting to ¥3,267,371.86, attributed to increased government subsidies related to income[10]. - Total operating costs decreased to ¥244,448,704.88 from ¥420,778,528.42, a reduction of about 41.8% year-over-year[21]. Future Guidance and Developments - The company’s net profit margin and future guidance were not disclosed in the provided documents, indicating a need for further analysis[15]. - The company has not reported any new product launches or technological advancements in the recent conference call[15]. - There were no significant mergers or acquisitions mentioned during the earnings call, focusing instead on internal growth strategies[15].