凤形股份(002760) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥152,604,275.66, an increase of 8.74% compared to ¥140,336,217.54 in the same period last year[5]. - Net profit attributable to shareholders was ¥3,047,352.84, reflecting a 2.38% increase from ¥2,976,547.98 year-on-year[5]. - The net profit after deducting non-recurring gains and losses reached ¥1,447,849.28, a significant turnaround from a loss of ¥3,498,523.33 in the previous year, marking a 141.38% improvement[5]. - Total operating revenue for the current period reached ¥152,604,275.66, an increase of 8.9% compared to ¥140,336,217.54 in the previous period[22]. - Net profit for the current period was ¥3,047,352.84, slightly higher than ¥2,976,547.98 from the previous period, indicating a growth of 2.4%[23]. Cash Flow and Liquidity - The net cash flow from operating activities improved by 32.72%, amounting to -¥38,292,584.21 compared to -¥56,912,017.14 in the previous year[5]. - Cash and cash equivalents decreased by 48.48% to ¥167,954,228.33, primarily due to investments in financial products and loan repayments[9]. - Cash used for debt repayment decreased by 55.88% to CNY 15 million, primarily due to reduced bank loan repayments[15]. - Cash dividends and interest payments decreased by 62.00% to CNY 607,234.86, mainly due to lower loan interest expenses[15]. - Cash paid for other financing activities dropped by 99.49% to CNY 28,327, attributed to a decrease in share repurchase payments[15]. - Cash inflow from investment activities was 10,405,169.87 CNY, significantly lower than 30,874,953.22 CNY in the previous period[26]. - The ending cash and cash equivalents balance was 146,013,876.66 CNY, down from 194,292,146.57 CNY in the previous period[26]. Assets and Liabilities - Total assets decreased by 4.54% to ¥1,209,565,367.22 from ¥1,267,157,401.58 at the end of the previous year[5]. - Total liabilities decreased to ¥396,661,754.29 from ¥457,272,814.49, representing a reduction of about 13.2%[20]. - The company's cash and cash equivalents saw a significant drop, with current assets totaling ¥686,449,393.06 compared to ¥736,457,352.54, a decrease of 6.8%[20]. - Accounts receivable increased slightly from CNY 143,609,818.58 to CNY 145,363,005.28, reflecting a stable collection period[18]. - Prepayments rose significantly from CNY 778,550.89 to CNY 3,622,830.73, indicating increased advance payments for future expenses[18]. Investments and Income - Investment income increased by 122.83% to ¥931,923.12, attributed to received investment distribution payments[12]. - The company invested ¥120,000,000.00 in financial products, a 50.00% increase compared to ¥80,000,000.00 in the previous year[14]. - The company received tax refunds of ¥6,574,681.87, a 266.54% increase from ¥1,793,693.08 in the previous year, mainly due to VAT refunds[14]. - The company paid 11,100,938.89 CNY in taxes, an increase from 8,977,934.94 CNY year-over-year[26]. Shareholder Information - Total number of common shareholders at the end of the reporting period was 16,484, with no preferred shareholders[15]. - The largest shareholder, Qinghai Western Indium Industry Co., Ltd., holds 23.28% of shares, amounting to 25,142,857 shares, with 10,900,000 shares pledged[15]. - The second-largest shareholder, Jiangxi Taihao Technology Development Co., Ltd., holds 7.04% of shares, totaling 7,598,906 shares, with 6,800,200 shares pledged[15]. - The company has no preferred shareholders or significant changes in the top 10 shareholders' equity participation in financing activities[16]. Research and Development - Research and development expenses were recorded at ¥5,749,001.46, down from ¥8,031,120.93, a decrease of 28.4%[23]. Earnings and Returns - The weighted average return on equity improved to 0.38% from 0.33% year-on-year[5]. - The company reported a basic earnings per share of ¥0.03, consistent with the previous period[24]. - Long-term equity investments increased slightly to ¥67,987,732.47 from ¥67,460,979.22, showing a growth of 0.8%[20]. - The company’s deferred income tax assets were reported at ¥10,349,204.13, a slight decrease from ¥10,675,566.61, reflecting a decline of 3.1%[20].