青龙管业(002457) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥282,068,783.53, a decrease of 21.51% compared to ¥359,388,952.68 in the same period last year[5]. - The net profit attributable to shareholders was -¥5,365,512.44, representing a decline of 374.95% from -¥1,129,688.69 year-on-year[5]. - Basic and diluted earnings per share were both -¥0.0161, a decrease of 373.53% from -¥0.0034 in the same period last year[5]. - The company reported a 91.20% decrease in investment income compared to the same period last year, primarily due to reduced financial asset investment returns[19]. - The company experienced a year-on-year decrease in shipments during the first quarter due to seasonal factors, with a recovery expected in the second quarter[25]. - The total comprehensive income attributable to the parent company was -5,703,312.44 yuan, compared to -1,261,694.52 yuan in the previous period, indicating a significant decline[33]. Cash Flow and Liquidity - The net cash flow from operating activities decreased by 14.56%, amounting to -¥201,002,257.09 compared to -¥175,455,723.58 in the previous year[5][20]. - Cash inflow from operating activities totaled 442,301,348.43 yuan, down from 535,587,835.57 yuan in the previous period, reflecting a decrease of approximately 17.4%[34]. - Cash flow from investing activities was -32,784,052.38 yuan, compared to -25,804,475.30 yuan in the previous period, showing an increase in cash outflow[34]. - Cash inflow from financing activities was 521,172,769.63 yuan, significantly higher than 265,569,141.63 yuan in the previous period, representing an increase of approximately 96.1%[34]. - The net increase in cash and cash equivalents was -51,581,563.47 yuan, compared to -87,281,672.30 yuan in the previous period, indicating an improvement in cash management[34]. - The company's cash and cash equivalents decreased from 557,744,768.48 CNY to 423,259,628.41 CNY, a decline of approximately 24%[27]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,452,499,751.44, down 1.89% from ¥4,538,299,072.11 at the end of the previous year[5]. - Current liabilities totaled ¥1.67 billion, a decrease from ¥1.76 billion, representing a reduction of approximately 5%[29]. - Non-current liabilities increased slightly to ¥80.03 million from ¥78.27 million, showing an increase of about 2.2%[29]. - The total current assets decreased from 3,249,440,138.20 CNY to 3,143,651,034.97 CNY, a decline of about 3.3%[27]. - Accounts receivable decreased from 1,598,480,473.70 CNY to 1,533,289,234.94 CNY, a reduction of about 4.1%[27]. - Inventory increased from 662,655,183.59 CNY to 722,842,793.27 CNY, reflecting an increase of approximately 9.1%[27]. Expenses and Costs - Sales expenses increased by 51.46% year-on-year, attributed to higher costs related to business expansion and personnel[18]. - The company experienced a 20.07% decrease in operating costs, reflecting a reduction in revenue[17]. - Research and development expenses remained stable at approximately ¥8.04 million, slightly down from ¥8.14 million[31]. - The company reported a significant increase in credit impairment losses, amounting to ¥6.02 million compared to a loss of ¥29.05 million in the previous period[32]. - The company paid 96,092,148.67 yuan to employees, a decrease from 118,338,594.32 yuan in the previous period, reflecting cost-cutting measures[34]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 52,767[24]. - The largest shareholder, Ningxia Qinglong Technology, holds 20.38% of shares, totaling 67,950,754 shares, with 46,500,000 shares pledged[24].