四方达(300179) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥131,267,108.53, a slight increase of 0.26% compared to ¥130,921,035.07 in the same period last year[5]. - Net profit attributable to shareholders increased by 24.14% to ¥34,161,762.09 from ¥27,518,966.41 year-on-year[5]. - The net profit after deducting non-recurring gains and losses rose by 23.30% to ¥30,875,227.20 compared to ¥25,041,110.54 in the previous year[5]. - Basic and diluted earnings per share increased by 22.47% to ¥0.0703 from ¥0.0574 year-on-year[5]. - Total comprehensive income increased to ¥29,755,918.38 from ¥23,380,545.08, reflecting a growth of approximately 27.5%[32]. - Net profit increased to ¥29,737,437.62 from ¥23,396,647.81, representing a growth of approximately 27.0%[32]. - Operating profit rose to ¥31,682,314.28 from ¥23,838,002.13, an increase of around 32.5%[32]. Cash Flow - The net cash flow from operating activities was negative at -¥51,996,774.66, a decline of 247.98% from -¥14,942,334.85 in the same period last year[5]. - Cash flow from operating activities showed a net outflow of ¥51,996,774.66, worsening from a net outflow of ¥14,942,334.85 in the previous period[34]. - Cash flow from investing activities generated a net inflow of ¥142,540,999.27, up from ¥112,545,376.92[34]. - The net cash flow from investing activities increased by 26.65% to ¥142,540,999.27 compared to ¥112,545,376.92 in the same period last year[9]. - The net cash flow from financing activities surged by 94.66% to ¥155,455,656.45, driven by increased borrowings from subsidiaries[9]. - Cash flow from financing activities resulted in a net inflow of ¥155,455,656.45, compared to ¥79,860,480.87 in the prior period[35]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,200,452,194.17, reflecting a growth of 5.70% from ¥2,081,883,834.33 at the end of the previous year[5]. - Total liabilities increased to ¥685,333,982.54 from ¥598,898,702.50, representing a growth of about 14.4%[29]. - Long-term borrowings surged to ¥249,180,000.00 from ¥103,900,000.00, indicating a significant increase of approximately 139.5%[29]. - Current assets totaled ¥1,264,939,442.37, up from ¥1,129,556,327.76, reflecting an increase of about 11.9%[28]. - The company's retained earnings rose to ¥557,210,612.60 from ¥523,048,850.51, reflecting an increase of about 6.5%[29]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 38,014[10]. - The largest shareholder, Fang Haijiang, holds 28.73% of shares, totaling 139,610,024 shares, with 104,707,518 shares pledged[10]. - The second-largest shareholder, Fu Yuxia, holds 7.04% of shares, totaling 34,201,365 shares[10]. - The total number of shares with limited sale conditions at the end of the period is 110,269,045 shares, down from 111,269,044 shares at the beginning of the period[12]. - Fang Haijiang had 1,499,999 shares released from restrictions during the period[12]. - The company has no preferred shareholders or changes in the top 10 shareholders due to securities lending[11]. - The top 10 unrestricted shareholders include Fang Haijiang and Fu Yuxia, with significant holdings of 34,902,506 and 34,201,365 shares respectively[10]. - The company has a total of 0.64% of its shares (3,121,200 shares) held in a repurchase account, which is not included in the top 10 unrestricted shareholders[10]. - The report indicates that there are no changes in the participation of the top 10 shareholders in securities lending activities[11]. - The company has a structured release of restricted shares, with 25% of the total shares being released annually after the end of the previous year[12]. - The company approved a share repurchase plan using its own funds not exceeding RMB 30 million and not less than RMB 15 million, with a maximum repurchase price of RMB 12.36 per share, and has repurchased a total of 2,570,300 shares for a total amount of RMB 15,711,460.44[14]. Research and Development - Research and development expenses decreased by 21.46% to ¥13,433,725.90 from ¥17,105,298.43 in the previous year[9]. - The company obtained 7 patents during the reporting period[24]. - The company is involved in a legal case with a U.S. company regarding patent rights, with a recent ruling from the Federal Circuit Court overturning a previous ITC decision[25]. - The company’s subsidiary, Henan Tianxuan Semiconductor Technology Co., Ltd., signed a strategic cooperation agreement with Shenzhen Huixin Communication Technology Co., Ltd. to enhance R&D and industrialization in functional CVD diamond[15]. - The company provided financial support of up to RMB 200 million to Henan Tianxuan for business development and working capital[18]. - The company adjusted the purchase price of the reserved shares in the fifth employee stock ownership plan from RMB 3.37 to RMB 3.17 per share, with 346,600 shares allocated to 8 employees[17]. Operational Efficiency - Total operating costs decreased to ¥103,918,138.16 from ¥107,386,168.77, indicating a reduction of about 3.5%[31]. - Sales expenses decreased to ¥9,838,375.98 from ¥10,309,469.13, a reduction of approximately 4.56%[32]. - R&D expenses decreased to ¥13,433,725.90 from ¥17,105,298.43, a decrease of about 21.5%[32]. - Inventory levels increased to ¥372,791,968.15 from ¥309,146,283.85, marking a growth of approximately 20.5%[27]. - Accounts receivable rose to ¥211,157,094.47 from ¥205,081,322.60, showing an increase of about 3.3%[27].