华信新材(300717) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥88,799,636.96, representing a 12.10% increase compared to ¥79,215,518.87 in the same period last year[5] - Net profit attributable to shareholders for Q1 2025 was ¥15,889,462.01, a significant increase of 48.84% from ¥10,675,428.43 in Q1 2024[5] - The net profit after deducting non-recurring gains and losses was ¥15,665,829.03, reflecting a 52.57% increase compared to ¥10,268,135.37 in the previous year[5] - Total operating revenue for the current period reached ¥88,799,636.96, an increase of 12.5% compared to ¥79,215,518.87 in the previous period[23] - Net profit for the current period was ¥15,834,008.72, representing a 48.3% increase from ¥10,675,428.43 in the previous period[25] - Earnings per share (EPS) increased to ¥0.15 from ¥0.10, reflecting a 50% growth[26] Assets and Liabilities - The company's total assets increased by 5.98% to ¥984,042,110.13 from ¥928,557,596.01 at the end of the previous year[5] - The total current assets are CNY 441,858,976.01, up from CNY 407,854,245.16 at the beginning of the period[20] - The total current liabilities increased to CNY 241,088,407.79 from CNY 203,802,303.88[21] - The total liabilities increased to ¥261,333,193.24 from ¥224,022,687.84, indicating a growth of 16.7%[22] - Total equity attributable to shareholders rose to ¥720,424,379.23, up from ¥704,534,917.22, marking a 2.2% increase[22] Cash Flow - Cash flow from operating activities showed a net outflow of ¥13,570,828.92, an improvement of 18.93% compared to the outflow of ¥16,739,657.96 in Q1 2024[5] - Cash flow from operating activities showed a net outflow of ¥13,570,828.92, an improvement from a net outflow of ¥16,739,657.96 in the previous period[28] - Cash and cash equivalents at the end of the period totaled ¥184,549,203.27, compared to ¥164,322,620.46 at the end of the previous period[29] - The cash and cash equivalents at the end of the period are CNY 193,129,883.70, slightly down from CNY 193,534,426.01[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 7,544[13] - Jiangsu Huazhi Industrial Trade Co., Ltd. holds 48.08% of the shares, totaling 49,413,354 shares[13] - The company has no preferred shareholders or changes in restricted shares during the reporting period[15] - The company has no significant changes in the top 10 shareholders participating in margin financing and securities lending[14] Investments and Projects - The company plans to invest CNY 80 million in a project to produce 5,000 tons of functional membrane materials annually[17] - The company invested ¥32,985,391.95 in fixed assets during the current period, significantly higher than ¥14,569,862.00 in the prior period[28] Other Financial Metrics - The weighted average return on equity rose to 2.23%, up from 1.57% in the same period last year, indicating improved profitability[5] - The accounts receivable increased significantly by 133.90% to ¥24,025,761.33, primarily due to an increase in accepted bills[8] - The company reported a credit impairment loss of ¥2,119,437.44, compared to a gain of ¥2,363,089.57 in the previous period[24] - The company received government subsidies amounting to ¥241,487.87 during the period, contributing to its financial performance[7] - The company reported a 795.28% increase in tax refunds received, amounting to ¥3,306,988.71, due to a rise in VAT refunds[10] Accounting and Governance - The first quarter report has not been audited[30] - The new accounting standards will be implemented starting from 2025[30] - The financial statement items related to the first year of implementation will be adjusted accordingly[30] - The board of directors of Jiangsu Huaxin New Materials Co., Ltd. is represented by the legal representative[31] - The date of the board meeting is not specified in the document[31]