Financial Performance - The company's operating revenue for Q1 2025 was ¥83,072,210.68, a decrease of 19.83% compared to ¥103,620,644.88 in the same period last year[5] - The net profit attributable to shareholders was -¥5,332,333.55, representing a decline of 176.43% from ¥6,976,426.59 in Q1 2024[5] - The total comprehensive income attributable to shareholders was -¥5,332,333.55, reflecting a decrease of 176.43% from the previous year[11] - Net profit for the period was a loss of ¥6,936,155.58 compared to a profit of ¥7,144,373.62 in the previous period, representing a significant decline[27] - Basic and diluted earnings per share were both -0.0194, compared to 0.0253 in the previous period[28] Cash Flow - The net cash flow from operating activities improved to -¥3,846,114.13, an increase of 87.62% compared to -¥31,063,450.74 in the previous year[5] - The net cash flow from financing activities was -¥14,796,318.95, a significant decline of 1,504.33% compared to the previous year[14] - Operating cash inflow totaled $178,433,430.40, down 16.3% from $213,133,237.94 in the previous period[30] - Net cash flow from investing activities was -$78,455,785.04, showing a smaller loss compared to -$83,681,121.04 last year[31] - Cash inflow from financing activities was $9,500,000.00, down 70.4% from $32,045,869.29 in the previous period[31] Assets and Liabilities - The total assets at the end of Q1 2025 were ¥2,045,586,141.63, down 2.41% from ¥2,096,036,144.26 at the end of the previous year[5] - Total liabilities decreased to ¥554,759,231.73 from ¥591,978,075.76, a reduction of approximately 6.3%[25] - The total equity decreased to ¥1,490,826,909.90 from ¥1,504,058,068.50, a decline of about 0.9%[25] - The cash and cash equivalents at the end of the reporting period amount to ¥1,084,279,687.57, down from ¥1,181,872,006.05 at the beginning of the period, representing a decrease of approximately 8.2%[23] Expenses - Research and development expenses decreased by 35.10% to ¥5,920,176.07 from ¥9,122,050.32 in Q1 2024[11] - Total operating costs decreased to ¥91,507,075.62 from ¥101,821,255.44, a decline of about 10.1% year-over-year[26] - The financial expenses decreased by 62.97% to -¥592,094.99, mainly due to a decline in deposit rates[11] Inventory and Receivables - The company reported a significant increase in inventory, which rose by 33.55% to ¥60,101,539.01, attributed to increased labor costs[9] - Accounts receivable slightly decreased to ¥290,633,394.15 from ¥294,426,418.90, a decline of about 1.3%[23] - The company reported a decrease in contract assets from ¥203,877,269.42 to ¥170,166,656.71, a reduction of approximately 16.6%[23] Shareholder Information - The total number of common shareholders at the end of the reporting period is 14,840[16] - The largest shareholder, Fujian Provincial Bidding Procurement Group Co., Ltd., holds 53.96% of the shares, totaling 148,500,000 shares[16] - The company has a total of 171,315,000 restricted shares, all of which are set to be released on January 13, 2025[19][20] - The top ten shareholders include several state-owned enterprises, indicating a strong government influence in the company's ownership structure[17] Future Plans and Meetings - The company plans to hold its first temporary shareholders' meeting on April 10, 2025, to elect a new non-independent director[21] Other Information - The company experienced a 359.84% increase in credit impairment losses, amounting to ¥3,595,165.31, primarily due to provisions for bad debts[11] - The company did not execute any new accounting standards in the first quarter of 2025[32]
招标股份(301136) - 2025 Q1 - 季度财报