国星光电(002449) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥767,113,178.54, a decrease of 18.48% compared to ¥940,965,217.53 in the same period last year[4] - The net profit attributable to shareholders was ¥16,696,075.55, down 40.25% from ¥27,943,357.10 year-on-year[4] - The basic earnings per share decreased to ¥0.0270, down 40.27% from ¥0.0452 in the same period last year[4] - Net profit for the period was ¥16,693,475.29, down from ¥27,938,547.03, representing a decrease of approximately 40.2% year-over-year[18] - Total operating revenue decreased to ¥767,113,178.54 from ¥940,965,217.53, a decline of approximately 18.4% year-over-year[17] - Total operating costs decreased to ¥760,540,042.44 from ¥918,313,627.51, reflecting a reduction of about 17.2% year-over-year[17] Cash Flow - The net cash flow from operating activities was -¥116,933,735.34, a decline of 607.31% compared to ¥23,049,693.52 in the previous year[4] - Operating cash flow turned negative at -¥116,933,735.34 compared to a positive ¥23,049,693.52 in the previous period[19] - The net cash flow from financing activities was -¥23,155,703.22, a decrease of 124.26% compared to the previous year, mainly due to loan repayments[8] - Financing activities resulted in a net cash flow of -$23.16 million, contrasting with a positive cash flow of $95.47 million in the prior period[20] - Cash and cash equivalents decreased by $201.70 million, compared to an increase of $98.53 million previously[20] - The ending balance of cash and cash equivalents was $933.12 million, down from $1.24 billion at the end of the previous period[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,083,916,038.67, a decrease of 2.65% from ¥6,249,279,269.11 at the end of the previous year[4] - Total current assets amount to ¥3,734,516,624.73, a decrease from ¥3,841,259,563.85 at the beginning of the period[14] - Total liabilities decreased from ¥2,096,915,166.37 to ¥1,899,545,989.16, a reduction of about 9.4%[14] - Total liabilities decreased to ¥2,242,332,148.70 from ¥2,425,117,619.56, a reduction of approximately 7.5% year-over-year[15] - Total equity attributable to shareholders increased slightly to ¥3,841,374,285.42 from ¥3,823,949,444.74, an increase of about 0.5% year-over-year[15] Shareholder Information - Total number of common stock shareholders at the end of the reporting period is 79,740[10] - The largest shareholder, Foshan Sigma Venture Investment Co., Ltd., holds 12.90% of shares, totaling 79,753,050 shares[10] Other Financial Metrics - The weighted average return on equity was 0.44%, down from 0.73% in the same period last year, reflecting a decrease of 0.29%[4] - Investment income dropped by 88.04% to ¥259,947.58, primarily due to the transfer of equity in an associate to held-for-sale assets[7] - Research and development expenses were ¥42,249,115.39, down from ¥44,482,507.11, a decrease of approximately 5.0% year-over-year[18] - Other income increased to ¥10,713,296.46 from ¥8,564,581.02, reflecting an increase of about 25.1% year-over-year[18] - Deferred income increased to ¥62,532,269.50 from ¥45,639,026.09, marking an increase of about 37.0% year-over-year[15] Investment Activities - Investment activities generated a net cash flow of -$63.64 million, compared to -$22.15 million in the previous period[20] - Total cash outflow from investment activities was $113.92 million, while cash inflow was $50.28 million, resulting in a significant negative cash flow[20] Accounting and Auditing - The company did not undergo an audit for the first quarter report[21] - The new accounting standards will be implemented starting in 2025[22]