Financial Performance - Net profit attributable to shareholders for Q1 2025 was CNY 10,911,845.14, an increase of 321.80% year-on-year[11]. - Operating revenue for Q1 2025 reached CNY 415,793,401.99, representing an 18.77% increase compared to the same period last year[11]. - Operating profit for the period reached 12,523,357.88 yuan, an increase of 422.15% compared to the previous period[14]. - Net profit for the period was 10,911,845.14 yuan, reflecting a growth of 321.80% due to improved internal management and increased product quality[14]. - Basic earnings per share of CNY 0.10, a significant increase of 350.00% compared to the previous year[11]. - The company reported a decrease in total non-current liabilities from ¥4,479,466.74 in Q1 2024 to ¥13,187,244.95 in Q1 2025, indicating a significant increase in long-term borrowing[33]. - Total revenue for Q1 2025 is CNY 81,318,179.81, down from CNY 146,140,102.76 in Q1 2024, representing a decrease of approximately 44.4%[36]. - Operating profit for Q1 2025 is a loss of CNY 823,268.65, compared to a profit of CNY 8,368,503.94 in Q1 2024[36]. - Net profit for Q1 2025 is a loss of CNY 820,317.50, compared to a profit of CNY 7,229,185.45 in Q1 2024[37]. Assets and Liabilities - Total assets as of March 31, 2025, were CNY 1,319,678,340.76, a decrease of 1.16% compared to the end of 2024[11]. - The company's total liabilities to total assets ratio (consolidated) decreased to 49.69% from 51.09% year-on-year[11]. - The net asset attributable to shareholders increased by 1.67% to CNY 663,947,794.89 compared to the end of 2024[11]. - Total current assets decreased to CNY 932,059,090.10 from CNY 947,702,270.83, a decline of approximately 1.8%[28]. - Total liabilities decreased to CNY 655,730,545.87 from CNY 682,182,461.08, a reduction of approximately 3.9%[30]. - Total equity increased to CNY 663,947,794.89 from CNY 653,035,949.75, reflecting an increase of about 1.5%[30]. - Long-term borrowings increased to CNY 14,350,000.00 from CNY 5,850,000.00, an increase of approximately 144.4%[30]. - Total assets decreased to CNY 1,319,678,340.76 from CNY 1,335,218,410.83, a decline of about 1.2%[30]. Cash Flow - The company's cash flow from operating activities improved by 84.48%, with a net cash flow of -CNY 11,870,304.02[11]. - The net cash flow from operating activities was -1,187.03 million yuan, primarily due to the repayment of matured acceptance bills[14]. - Investment activities resulted in a net cash outflow of -969.63 million yuan, attributed to increased payments for the construction of a new production line[14]. - Financing activities generated a net cash inflow of 35,638,079.92 yuan, mainly due to increased cash from financing received during the reporting period[14]. - The net cash flow from investing activities was -9,696,313.57 yuan, compared to -7,094,391.71 yuan in the previous period, indicating an increase in cash outflow[39]. - The net cash flow from financing activities was 35,638,079.92 yuan, down from 80,490,750.91 yuan year-over-year, reflecting a decrease in financing inflow[39]. - The cash flow from investment activities included 4,300,000.00 yuan received from investment recoveries, unchanged from the previous period[41]. - The impact of exchange rate changes on cash and cash equivalents was a positive 1,336,387.91 yuan, compared to 1,209,707.07 yuan previously, showing a favorable currency effect[39]. Research and Development - Research and development expenses increased by 31.49% to CNY 15,520,571.75, reflecting the company's commitment to innovation[13]. - Research and development expenses for Q1 2025 were ¥15,520,571.75, compared to ¥11,803,280.63 in Q1 2024, showing an increase of approximately 31.4%[34]. - Research and development expenses for Q1 2025 are reported as CNY 0.00, indicating no investment in R&D during this period[36]. Shareholder Information - The total number of ordinary shares at the end of the period was 110,970,000, with 5,585 shareholders[19]. - Major shareholders include Zhuhai Shibi Investment Management Co., Ltd. holding 26.01% and Shibi Bai (Macau) Limited holding 12.83%[20]. - There were no pledges or judicial freezes on shares held by major shareholders[22].
拾比佰(831768) - 2025 Q1 - 季度财报