Eastcompeace(SZ:002017)2025-04-22 13:25Revenue and Profit - The company's revenue for Q1 2025 was CNY 321,419,358.69, a decrease of 10.82% compared to CNY 360,423,864.14 in the same period last year[3] - Net profit attributable to shareholders increased by 7.40% to CNY 46,938,236.90 from CNY 43,704,509.90 year-on-year[3] - Total operating revenue decreased to ¥321,419,358.69 from ¥360,423,864.14, a decline of approximately 10.3% year-over-year[18] - Net profit increased to ¥47,043,619.16 compared to ¥44,248,329.03, representing a growth of approximately 4.0% year-over-year[19] Earnings Per Share - Basic and diluted earnings per share both rose by 7.44% to CNY 0.0809[4] - Earnings per share rose to ¥0.0809 from ¥0.0753, an increase of about 7.4% year-over-year[20] Cash Flow - The net cash flow from operating activities was CNY -79,318,171.95, a significant decrease of 931.27% compared to CNY 9,541,766.73 in the previous year[3] - Cash inflow from operating activities was ¥298,636,433.32, down from ¥389,936,327.83, a decrease of approximately 23.3% year-over-year[21] - The net cash flow from operating activities was -$79.32 million, compared to $9.54 million in the previous period[22] - The net increase in cash and cash equivalents was -$81.32 million, compared to an increase of $2.54 million in the prior period[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,943,867,037.05, down 1.30% from CNY 2,982,741,663.71 at the end of the previous year[4] - Current assets totaled CNY 2,665,092,861.98, down from CNY 2,708,084,162.98 at the start of the period, indicating a decline of approximately 1.7%[16] - Total liabilities amounted to ¥1,135,868,113.05, down from ¥1,226,418,259.04, a decrease of about 7.4% year-over-year[17] - The company reported a significant decrease in accounts payable from CNY 193,097,520.74 to CNY 25,569,393.01, a reduction of about 86.8%[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 41,224[12] - The company’s equity attributable to shareholders increased by 2.87% to CNY 1,796,125,215.06 from CNY 1,746,042,743.15[4] - Total equity attributable to shareholders increased to ¥1,796,125,215.06 from ¥1,746,042,743.15, reflecting a growth of approximately 2.9% year-over-year[17] Other Financial Metrics - Other income increased by 387.83% year-on-year, primarily due to an increase in government subsidies[9] - The balance of construction in progress increased by 41.50% to CNY 20,940,000, attributed to investments in subsidiary factory construction[8] - Cash and cash equivalents decreased to CNY 1,809,495,894.31 from CNY 1,885,703,460.52, reflecting a reduction of about 4.8%[15] - Accounts receivable increased to CNY 178,903,464.87 from CNY 122,718,873.16, representing a significant rise of approximately 45.7%[15] Future Outlook - The company is focused on enhancing its product development and market expansion strategies moving forward[14] - The company will implement new accounting standards starting in 2025[24] Audit Information - The first quarter report was not audited[23]