再升科技(603601) - 2025 Q1 - 季度财报

Financial Performance - The company reported a revenue of CNY 324.48 million for the first quarter, a decrease of 4.59% compared to the same period last year[6]. - Net profit attributable to shareholders was CNY 33.56 million, representing a 3.69% increase year-over-year[8]. - Total operating revenue for Q1 2025 was ¥324,475,923.43, a decrease of 4.67% compared to ¥340,070,227.80 in Q1 2024[19]. - Net profit for Q1 2025 was ¥35,333,491.88, an increase of 3.71% from ¥34,067,973.99 in Q1 2024[21]. - Operating profit increased to ¥40,071,388.74 in Q1 2025, up from ¥36,120,670.92 in Q1 2024, reflecting a growth of 5.41%[19]. - The company achieved a diluted earnings per share of CNY 0.0328, up 3.47% from the previous year[6]. - Earnings per share for Q1 2025 was ¥0.0328, up from ¥0.0317 in Q1 2024, indicating a growth of 3.48%[21]. Cash Flow and Operating Activities - The net cash flow from operating activities surged by 140.33% to CNY 71.49 million, primarily due to a reduction in prepaid energy expenses compared to the previous year[6][12]. - Cash flow from operating activities generated a net amount of ¥71,485,862.95 in Q1 2025, significantly higher than ¥29,745,375.37 in Q1 2024[25]. - Investment activities resulted in a net cash outflow of ¥51,538,310.43 in Q1 2025, contrasting with a net inflow of ¥62,901,488.20 in Q1 2024[26]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3.15 billion, an increase of 1.48% from the end of the previous year[7]. - Total current assets as of March 31, 2025, amount to RMB 1,804,893,157.74, an increase from RMB 1,746,169,646.48 as of December 31, 2024[15]. - Total assets as of March 31, 2025, are RMB 3,150,823,422.83, compared to RMB 3,104,972,613.30 at the end of 2024[17]. - Total liabilities as of March 31, 2025, are RMB 894,676,003.97, up from RMB 879,586,312.37 at the end of 2024[17]. - Total equity attributable to shareholders of the parent company is RMB 2,215,510,878.91, an increase from RMB 2,184,510,532.65[17]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 37,323[13]. - The largest shareholder, Guo Mao, holds 36.42% of shares, totaling 372,062,408 shares[13]. Research and Development - Research and development expenses rose to ¥20,387,828.07 in Q1 2025, compared to ¥16,550,183.77 in Q1 2024, marking a 23.06% increase[19]. Market Segments - Revenue from the clean air materials segment declined by 11.50%, while revenue from the dust-free air conditioning product line grew by 34.39% year-over-year[7]. Profitability Metrics - The gross profit margin increased by 3.95 percentage points, contributing to the overall rise in gross profit despite higher operating expenses[8]. - The weighted average return on equity rose to 1.54%, an increase of 0.08 percentage points compared to the previous year[7]. - The company recorded a decrease in credit impairment losses during the reporting period, positively impacting net profit growth[8]. Cash and Inventory - Cash and cash equivalents amount to RMB 295,316,201.13 as of March 31, 2025, compared to RMB 273,583,487.36 at the end of 2024[15]. - Accounts receivable stand at RMB 604,524,554.83, slightly down from RMB 611,333,438.04[15]. - Inventory decreased to RMB 148,216,673.63 from RMB 166,329,375.40[15]. - Long-term equity investments are valued at RMB 249,292,353.22, a slight increase from RMB 246,959,205.51[16]. Tax and Expenses - The company reported an increase in tax expenses to ¥4,782,570.91 in Q1 2025 from ¥1,919,919.39 in Q1 2024, reflecting a rise of 149.66%[19].