Financial Performance - The company's revenue for Q1 2025 reached ¥308,813,601.82, representing a 210.40% increase compared to ¥99,487,602.46 in the same period last year[5] - Net profit attributable to shareholders increased by 549.69% to ¥19,832,616.98 from ¥3,052,616.69 year-on-year[5] - The net profit after deducting non-recurring gains and losses rose by 161.16% to ¥18,626,605.93 from ¥7,132,356.88 in the previous year[5] - Basic and diluted earnings per share increased by 551.28% to ¥0.0254 from ¥0.0039 year-on-year[5] - The company reported a significant increase in other income, which rose to ¥5.66 million, a 1470.60% increase from ¥0.36 million[13] - The net profit for the current period is CNY 35,901,981.40, compared to CNY 3,094,167.28 in the previous period, representing a significant increase[27] - The total profit for the current period is CNY 29,225,397.25, up from CNY 6,846,407.40 in the previous period[27] - The operating profit for the current period is CNY 29,325,013.23, compared to CNY 6,767,796.45 in the previous period[27] - The total comprehensive income attributable to the parent company is CNY 19,747,050.17, compared to CNY 3,052,616.69 in the previous period[28] - The total comprehensive income attributable to minority shareholders is CNY 16,069,364.42, compared to CNY 41,550.59 in the previous period[28] Assets and Liabilities - The company's total assets increased by 38.07% to ¥3,789,410,170.09 from ¥2,744,471,200.79 at the end of the previous year[5] - The total liabilities increased to ¥1,889,585,424.87 from ¥1,179,634,082.52, representing an increase of about 60.0%[25] - The company's equity attributable to shareholders rose to ¥1,581,648,186.04 from ¥1,561,449,633.05, indicating a slight increase of approximately 1.3%[25] - Accounts receivable rose to ¥1,186,998,695.47 from ¥628,662,266.85, marking an increase of around 88.5%[23] - Inventory levels increased significantly to ¥491,048,769.67 from ¥219,195,304.78, which is an increase of about 123.5%[23] Cash Flow - Cash flow from operating activities showed a negative net amount of ¥108,781,107.54, worsening by 209.65% compared to the previous year's negative ¥35,130,561.47[5] - Cash received from sales and services was ¥248.10 million, a 30.23% increase from ¥190.50 million, driven by the consolidation of Wuhan Junheng[16] - Cash flow from investing activities has a net outflow of CNY -16,420,598.55, compared to CNY -86,644.60 in the previous period[30] - Cash flow from financing activities shows a net inflow of CNY 99,788,669.22, up from CNY 44,580,990.85 in the previous period[30] - The cash and cash equivalents at the end of the period amount to CNY 346,578,128.81, compared to CNY 251,081,339.57 at the end of the previous period[30] Investment and Restructuring - The company completed a major asset restructuring project, acquiring a 51% stake in Wuhan Junheng Technology Co., Ltd., which was consolidated into the financial statements starting January 31, 2025[5] - Goodwill of ¥194,961,184.08 was recognized due to the acquisition of Wuhan Junheng, marking a 100% increase as it was not previously recorded[10] - The company has completed the necessary registration procedures for the capital increase in Wuhan Junheng[20] - The company completed a major asset restructuring, acquiring 51.00% of Wuhan Junheng's equity, making it a subsidiary[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 19,630[18] - The largest shareholder, Li Xiaoming, holds 29.35% of the shares, totaling 228,815,120 shares[18] - Ningbo Huining Investment Co., Ltd. is the second-largest shareholder with an 18.65% stake, amounting to 145,354,943 shares[18] - The total number of shares held by the top ten shareholders is significant, with the top three holding over 53% combined[18] - The company has no preferred shareholders or significant changes in the financing business among the top shareholders[19] Research and Development - R&D expenses surged to ¥6.86 million, reflecting a 599.92% increase from ¥0.98 million, indicating significant investment in new product development[13] - Research and development expenses for the current period were ¥6,859,186.86, compared to ¥979,991.76 in the previous period, reflecting a substantial increase of about 600.0%[26] Incentive Plans - The company plans to implement a restricted stock incentive plan in 2025 to attract and retain talent[21] - The incentive plan aims to align the interests of shareholders, the company, and the incentive recipients[22] - The actual controller and related parties have committed to extend the lock-up period for their shares until December 31, 2025[19] Other Financial Metrics - The weighted average return on equity improved to 1.26% from 0.20% in the previous year[5] - The company experienced a credit impairment loss of -¥3.23 million, a 400.00% deterioration from a gain of ¥1.08 million, indicating increased bad debt provisions[14] - The company’s tax expenses showed a significant negative shift, amounting to -¥6.68 million, a 277.94% increase in expense compared to a gain of ¥3.75 million[14]
汇绿生态(001267) - 2025 Q1 - 季度财报