Revenue and Profitability - The company's revenue for Q1 2025 was ¥168,394,240.14, representing a 31.35% increase compared to ¥128,198,942.63 in the same period last year[5] - Net profit attributable to shareholders decreased by 33.38% to ¥12,856,537.20 from ¥19,299,090.28 year-on-year[5] - Total operating revenue for the current period reached ¥168,394,240.14, an increase of 31.4% compared to ¥128,198,942.63 in the previous period[17] - Net profit for the current period was ¥12,856,537.20, a decrease of 33.4% from ¥19,299,090.28 in the previous period[19] - Earnings per share (EPS) for the current period was ¥0.21, down from ¥0.31 in the previous period[19] Cash Flow - The net cash flow from operating activities was negative at -¥51,947,615.97, a decline of 333.99% compared to ¥22,200,687.73 in Q1 2024[5] - Cash flow from operating activities was ¥117,667,151.13, a decrease from ¥119,693,052.15 in the previous period[20] - Net cash flow from operating activities was -$51.95 million, a decrease from $22.20 million in the previous period[21] - Cash inflow from financing activities amounted to $76.99 million, with cash outflow totaling $19.13 million, leading to a net cash flow of $57.86 million[21] Assets and Liabilities - Total assets increased by 3.60% to ¥2,025,842,796.83 from ¥1,955,356,552.13 at the end of the previous year[5] - Current assets total 943,578,784.04 yuan, down from 978,853,022.16 yuan at the beginning of the period[14] - Total liabilities increased to ¥692,653,908.01, compared to ¥635,019,962.54 in the previous period, reflecting a growth of 9.1%[18] - Total liabilities amount to 943,578,784.04 yuan, reflecting a significant portion of the total assets[14] Financial Performance - The gross profit margin decreased due to a shift in product sales towards lower-margin items, impacting overall profitability[7] - The company experienced a 221.61% increase in financial expenses, amounting to ¥1,450,953.56, primarily due to reduced interest income[7] - The company recorded a significant decrease in investment income, down 63.01% to ¥603,021.00 from ¥1,630,238.36[7] - Total operating costs amounted to ¥158,066,730.38, up 48.4% from ¥106,564,186.31 in the prior period[18] - The company reported a financial expense of ¥1,450,953.56, compared to a financial income of -¥1,193,154.49 in the previous period[18] Shareholder Information - Total number of common shareholders at the end of the reporting period is 11,693[9] - The largest shareholder, Ningbo Xiaxia Investment, holds 68.94% of shares, totaling 42,742,700 shares[9] Investments and Projects - The company plans to invest up to 1 billion yuan in a new project for the production of precision gears and related equipment[11] - The company has a long-term investment of 15,718,897.65 yuan, unchanged from the previous period[14] Inventory and Expenses - Inventory has increased to 323,453,106.19 yuan from 273,531,771.15 yuan, reflecting a growth of approximately 18.2%[14] - Research and development expenses for the current period were ¥9,863,744.36, an increase from ¥8,705,818.91 in the previous period[18] - Cash paid to employees increased to $47.50 million from $32.73 million[21] - Cash paid for other operating activities rose to $16.43 million from $11.78 million[21] - Cash paid for the purchase of fixed assets and intangible assets was $93.45 million, up from $52.43 million[21]
夏厦精密(001306) - 2025 Q1 - 季度财报