海昌新材(300885) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥69,687,384.40, representing a 2.95% increase compared to ¥67,691,633.88 in the same period last year[8] - Net profit attributable to shareholders was ¥17,619,290.85, marking a 16.60% increase from ¥15,111,082.43 year-over-year[8] - Basic and diluted earnings per share rose to ¥0.0703, reflecting a 16.58% increase from ¥0.0603 in the same period last year[8] - The net profit excluding non-recurring gains and losses was ¥16,481,978.56, which is a 14.60% increase from ¥14,382,704.59 year-over-year[8] - The company's net profit for the current period is $17,619,290.85, an increase of 16.6% compared to $15,111,082.43 in the previous period[24] - Operating profit for the current period is $20,252,534.16, up from $17,354,092.19, reflecting a growth of 16.3%[24] - The basic and diluted earnings per share for the current period are both $0.0703, compared to $0.0603 in the previous period, indicating an increase of 16.6%[24] - The company reported a tax expense of $2,623,243.31, an increase from $2,195,177.99 in the previous period, which is a rise of 19.5%[24] Cash Flow and Liquidity - The net cash flow from operating activities surged to ¥25,170,619.28, a significant increase of 415.68% compared to ¥4,881,084.92 in the previous year[8] - Cash flow from operating activities generated a net amount of $25,170,619.28, significantly higher than $4,881,084.92 in the previous period[26] - Total cash and cash equivalents at the end of the period amount to $363,619,635.90, down from $390,502,897.10 at the end of the previous period[27] - Cash and cash equivalents at the end of the period were CNY 363,619,635.90, an increase from CNY 333,027,797.19 at the beginning of the period[19] - The company reported a significant increase in cash and cash equivalents due to exchange rate fluctuations, which rose by ¥3,362,300, an increase of 1093.86% compared to the previous year[14] Assets and Liabilities - Total assets at the end of the reporting period were ¥950,283,443.23, up 2.17% from ¥930,141,862.80 at the end of the previous year[8] - Total assets increased to CNY 950,283,443.23 from CNY 930,141,862.80, marking a growth of 2.45%[20] - The total liabilities rose to CNY 66,139,934.69, compared to CNY 63,617,645.11, indicating an increase of 3.94%[20] - The company's total equity attributable to shareholders reached CNY 884,143,508.54, up from CNY 866,524,217.69, reflecting a growth of 2.03%[22] Investment Activities - The company plans to invest up to USD 8 million to establish wholly-owned subsidiaries in Singapore and Vietnam, with the actual investment amount subject to approval by local authorities[18] - The company received cash from investment activities totaling $53,337,138.06, compared to $31,718,608.55 in the previous period, marking a growth of 68.2%[26] - The net cash flow from investment activities is $2,373,938.06, a decrease from $19,040,758.55 in the previous period[26] Shareholder Actions - The company completed the repurchase and cancellation of 2,648,200 shares, reducing the total share capital from 250,800,000 shares to 248,151,800 shares[18] Operational Performance - The total operating revenue for the first quarter was CNY 69,687,384.40, an increase of 2.94% compared to CNY 67,691,633.88 in the previous period[23] - The total operating costs amounted to CNY 50,148,847.22, up from CNY 49,853,363.26, reflecting a year-over-year increase of 0.59%[23] - The cash inflow from sales of goods and services reached $75,278,681.76, compared to $58,668,444.68 in the previous period, reflecting a growth of 28.3%[26] Other Financial Metrics - The weighted average return on equity increased to 2.01%, up from 1.79% in the same period last year[8] - The company reported a financial income of CNY 572,337.10, a decrease from CNY 2,856,622.31 in the previous period, indicating a significant decline in interest income[23] - The increase in accounts receivable notes was ¥1,690,600, representing a 206.29% rise, primarily due to an increase in bank acceptance bills received[11] - The company incurred a total of $631,527.64 in cash outflows related to financing activities, resulting in a net cash flow of -$622,412.38[27]