九洲集团(300040) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥308,289,020.70, a decrease of 3.05% compared to ¥317,971,664.79 in the same period last year[5] - Net profit attributable to shareholders was ¥22,752,067.44, down 5.48% from ¥24,070,389.55 year-on-year[5] - The net profit after deducting non-recurring gains and losses increased by 2.56% to ¥19,901,036.75 from ¥19,404,986.66[5] - Operating profit increased to CNY 28,006,458.18 from CNY 25,666,322.77, reflecting an increase of approximately 5.2% year-over-year[22] - Net profit for the period was CNY 24,293,202.04, down from CNY 25,869,322.85, indicating a decrease of about 6.1% year-over-year[22] - Total comprehensive income amounted to CNY 24,293,202.04, down from CNY 25,869,322.85, reflecting a decrease of about 6.1%[23] Cash Flow and Liquidity - The net cash flow from operating activities improved by 14.36%, reaching -¥32,764,737.84 compared to -¥38,259,328.82 in the previous year[5] - Operating cash flow generated from activities was CNY 293,816,226.76, compared to CNY 310,512,608.97 in the previous period, indicating a decline of approximately 5.4%[26] - Cash and cash equivalents decreased by 48.36% to ¥185,042,075.42, primarily due to investments in construction projects and debt repayments[8] - Cash inflow from financing activities was CNY 294,093,600.00, significantly higher than CNY 40,000,000.00 in the previous period, marking an increase of 635.2%[26] - Cash outflow from financing activities totaled CNY 375,922,974.94, compared to CNY 124,281,916.80 in the previous period, indicating an increase of approximately 202.5%[26] - Cash and cash equivalents at the end of the period were CNY 110,893,623.82, down from CNY 143,088,243.30, a decrease of about 22.4%[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,984,618,999.79, a decrease of 2.12% from ¥7,136,081,399.39 at the end of the previous year[5] - Total liabilities decreased to CNY 4,512,284,524.28 from CNY 4,689,533,941.40, representing a decrease of about 3.8%[19] - Current assets totaled CNY 2,079,048,111.60, down from CNY 2,202,284,665.01, a decrease of approximately 5.6%[19] - Long-term borrowings increased to CNY 2,102,868,608.77 from CNY 1,933,960,486.54, an increase of about 8.8%[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 51,811, with the largest shareholder holding 15.15% of the shares[10] - The top ten shareholders hold a significant portion of the company's shares, with the largest shareholder, Li Yin, holding 22,832,380 shares[11] - The company has a total of 126,034,391 shares under lock-up, primarily due to executive lock-up agreements[14] - The company has not reported any changes in the participation of major shareholders in margin trading activities[11] Operational Highlights - The cumulative bid amount for the smart distribution network business reached approximately ¥267 million, marking a record high for the same period in previous years[15] - The company successfully shipped products for the 2X23MW biomass power plant project in Côte d'Ivoire during the reporting period[15] - The company has been awarded contracts for high-pressure cabinets and integrated equipment for wind power projects, indicating ongoing expansion in its project portfolio[15] - The total number of green power certificates traded during the reporting period was 354,462 and 282,695, respectively, for two biomass power plants[15] - The company is focusing on deepening cooperation in the industrial and supply chains as part of its annual operational plan for 2025[15] - The company is actively involved in international cooperation, as evidenced by its shipment of Schneider-authorized products[15] Research and Development - Research and development expenses were CNY 4,020,925.05, slightly down from CNY 4,536,237.34, a decrease of approximately 11.4% year-over-year[22] Earnings Per Share - Basic and diluted earnings per share remained stable at CNY 0.04, unchanged from the previous period[23]