聆达股份(300125) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥2,857,204.84, a decrease of 89.94% compared to ¥28,399,429.72 in the same period last year[6] - The net loss attributable to shareholders was ¥26,921,288.96, representing a 37.19% improvement from a loss of ¥42,859,039.53 in the previous year[6] - The basic and diluted earnings per share improved by 37.20% to -¥0.1006 from -¥0.1602 in the previous year[6] - Operating profit for the current period is a loss of CNY 23,637,945.47, an improvement from a loss of CNY 43,045,604.74 in the previous period[22] - Net profit attributable to the parent company for the current period is a loss of CNY 26,921,288.96, compared to a loss of CNY 42,859,039.53 in the previous period[23] Cash Flow - The net cash flow from operating activities was -¥5,228,143.60, a decline of 54.53% compared to -¥3,383,256.23 in the same period last year[6] - Cash inflow from operating activities for the current period is CNY 55,864,858.56, compared to CNY 21,915,731.79 in the previous period, indicating a strong increase[24] - The company reported a cash flow from operating activities increase of 154.5% compared to the previous period[24] - Total cash outflow from operating activities amounted to $61.09 million, significantly higher than $25.30 million in the prior period[25] - The ending cash and cash equivalents balance decreased to $11.71 million from $12.00 million, showing a reduction in liquidity[25] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥991,344,116.33, down 1.01% from ¥1,001,408,452.08 at the end of the previous year[6] - Total liabilities amount to CNY 1,556,687,156.97, slightly up from CNY 1,539,819,083.40 in the previous period[19] - The company's long-term borrowings decreased by 100% to ¥0.00 due to the acceleration of repayment following a default[10] - The company has no long-term borrowings in the current period, compared to CNY 132,500,000.00 in the previous period[19] Inventory and Contract Liabilities - The company's inventory increased by 212% to ¥21,068,544.07 due to higher contract performance costs in the EPC business[9] - Contract liabilities rose by 39% to ¥23,150,549.81, reflecting an increase in advance payments for the EPC business[10] - Inventory increased significantly from ¥6,745,655.50 to ¥21,068,544.07, marking an increase of approximately 212.5%[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,125, with the largest shareholder holding 21.84% of the shares[11] - The company has no controlling shareholder following the transfer of shares from the previous major shareholder, which may affect governance and strategic direction[14] Legal and Operational Challenges - The company is facing potential legal actions due to the inability to repay approximately ¥186 million in loans by the deadline[15] - The company has terminated the construction of a 5.0GW high-efficiency battery project, which may impact future production capacity[15] - The company is currently in a restructuring process, with significant uncertainty regarding its future operations and financial stability[14] Other Financial Metrics - The company reported a significant increase in other operating expenses, with a rise of 201,331% to ¥3,504,763.34 due to penalty expenses[10] - Current liabilities rose, with accounts payable increasing from ¥200,835,116.27 to ¥203,125,880.44, an increase of about 1.4%[17] - The company has a short-term loan of ¥15,000,000.00, unchanged from the previous period[17] - The impact of exchange rate changes on cash and cash equivalents was minimal, with a slight decrease of -$0.24 thousand[25] - The first quarter report was not audited, which may affect the reliability of the financial data presented[27]