Financial Performance - The company's operating revenue for Q1 2025 was ¥154,232,436.80, a decrease of 3.06% compared to ¥159,103,744.38 in the same period last year[5] - Net profit attributable to shareholders increased by 30.23% to ¥22,501,281.64 from ¥17,278,120.19 year-on-year[5] - The net profit after deducting non-recurring gains and losses rose by 33.45% to ¥21,944,682.15 compared to ¥16,444,704.95 in the previous year[5] - Operating profit increased to ¥25,705,236.18, up from ¥19,498,754.12, reflecting a growth of 32.5%[25] - The company reported a comprehensive income of ¥22,740,965.29, up from ¥16,939,550.41, a growth of 34.0%[26] Cash Flow - The net cash flow from operating activities increased by 24.92% to ¥26,327,526.56 from ¥21,075,221.72 in the same period last year[5] - Cash received from investment recoveries decreased by 63.42% to $94 million due to reduced idle funds and less structured deposits[14] - Cash received from investment income dropped by 80.89% to $217,182.14, attributed to decreased structured deposits[14] - Cash recovered from the disposal of fixed and intangible assets increased significantly by 1880.71% to $495,177.50, due to higher proceeds from old equipment disposals[14] - Cash paid for investments decreased by 70.17% to $54 million, reflecting reduced idle funds and structured deposits[14] - Cash received from borrowings increased by 81.00% to $54.3 million, driven by increased bank loans for operational needs[14] - Operating cash flow for the current period is CNY 26,327,526.56, an increase of 25.7% compared to CNY 21,075,221.72 in the previous period[27] - Total cash inflow from operating activities is CNY 169,589,734.27, up from CNY 166,827,115.24, reflecting a growth of 1.0%[27] - Cash outflow from operating activities decreased to CNY 143,262,207.71 from CNY 145,751,893.52, a reduction of 1.7%[27] - Net cash flow from investing activities is CNY 11,809,449.25, down 72.5% from CNY 42,923,067.18 in the previous period[28] - Cash inflow from investing activities totaled CNY 94,712,359.64, compared to CNY 258,161,505.22, a decline of 63.3%[28] - Cash outflow from investing activities decreased to CNY 82,902,910.39 from CNY 215,238,438.04, a reduction of 61.5%[28] - Net cash flow from financing activities is CNY 18,702,688.16, a significant improvement from a negative CNY 25,933,304.48 in the previous period[28] - Cash inflow from financing activities increased to CNY 54,300,000.00 from CNY 30,000,000.00, a growth of 81.0%[28] - The ending cash and cash equivalents balance is CNY 169,811,046.18, slightly down from CNY 172,741,825.76 in the previous period[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,172,455,640.64, reflecting a growth of 4.16% from ¥1,125,628,141.88 at the end of the previous year[5] - Total liabilities increased to ¥234,077,612.74 from ¥212,992,172.17, reflecting a rise of 9.9%[22] - Non-current assets totaled ¥667,648,843.70, compared to ¥651,099,842.01, an increase of 2.5%[22] - Current liabilities rose to ¥199,110,258.83 from ¥180,201,485.30, representing an increase of 10.5%[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,710, with the largest shareholder holding 22.14%[16] Project Development - The company’s project for producing 25,000 tons of lightweight alloy precision forgings is expected to be completed by March 31, 2025, with significant production capabilities[18] - The company has invested a total of $10.33 million in the aforementioned project, exceeding the committed investment amount by 3.27%[18] Exchange Rate Impact - The impact of exchange rate fluctuations on cash and cash equivalents rose by 218.38% to $1,292,516.97 due to significant currency volatility[15] - The impact of exchange rate changes on cash and cash equivalents was CNY 1,292,516.97, compared to CNY 405,965.99 previously, an increase of 218.5%[28] Earnings Per Share - The company's basic earnings per share increased by 32.46% to ¥0.1559 from ¥0.1177 in the same period last year[5] - Basic earnings per share increased to ¥0.1559 from ¥0.1177, an increase of 32.0%[26] Asset Disposal - The company recorded a 528.23% increase in asset disposal gains, amounting to ¥277,010.77, due to the disposal of old equipment[13] - The company reported a significant increase of 896.87% in notes receivable, reaching ¥2,093,427.64, attributed to the increase in bank acceptance bills held by a subsidiary[10]
东利机械(301298) - 2025 Q1 - 季度财报