GDDP(300808)2025-04-24 11:00Financial Performance - The company's revenue for Q1 2025 was ¥65,706,066.76, a decrease of 36.68% compared to ¥103,771,946.67 in the same period last year[4] - The net loss attributable to shareholders was ¥12,100,738.01, representing a significant increase of 5,569.02% from a loss of ¥213,453.90 in the previous year[4] - The company reported a basic earnings per share of -¥0.0756, a decline of 5,715.38% compared to -¥0.0013 in the same period last year[4] - The net profit for the current period is a loss of ¥12,100,738.01, compared to a loss of ¥212,665.32 in the previous period, indicating a significant increase in losses[23] - The operating profit for the current period is a loss of ¥13,624,075.22, compared to a loss of ¥656,511.94 in the previous period[23] Cash Flow - The net cash flow from operating activities was ¥125,326.34, down 98.33% from ¥7,514,056.46 in the same period last year[7] - Cash flow from operating activities shows a net inflow of ¥125,326.34, a decrease of 98.33% from ¥7,514,056.46 in the previous period[27] - The total cash inflow from operating activities is ¥97,637,014.10, a decrease of 9.99% from ¥107,945,748.68 in the previous period[27] - The net increase in cash and cash equivalents was -$41,167,518.69, compared to -$7,335,400.23 in the previous period[29] - The ending balance of cash and cash equivalents was $103,332,605.68, down from $112,088,624.24 in the previous period[29] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,235,831,187.85, a decrease of 2.12% from ¥1,262,598,946.39 at the end of the previous year[4] - The total liabilities decreased from CNY 252,081,882.22 to CNY 237,414,861.69, a decline of about 5.8%[16] - The company's equity attributable to shareholders decreased from CNY 1,010,517,064.17 to CNY 998,416,326.16, a decrease of approximately 1.1%[18] - The company’s non-current liabilities decreased slightly from CNY 128,987,890.47 to CNY 125,880,583.88, a reduction of about 2.2%[16] Investments and Expenses - Long-term equity investments increased by 410.87% to ¥37,301,516.12, primarily due to increased investment in joint ventures[6] - The company’s long-term investments increased significantly from CNY 7,301,511.70 to CNY 37,301,516.12, indicating a growth of over 410%[15] - The company reported a credit impairment loss of ¥564,309.65, compared to a gain of ¥1,725,707.84 in the previous period[23] - The company’s management expenses rose by 191.43% to ¥14,736,992.49, attributed to depreciation and increased labor costs[6] - Research and development expenses for the current period are ¥3,048,821.39, down 26.83% from ¥4,167,588.86 in the previous period[21] Shareholder Information - The company had a total of 6,519 common shareholders at the end of the reporting period[8] - The top shareholder, Shiyan Zhongda Huixiang Enterprise Management Partnership, held 26.64% of the shares, totaling 42,622,658 shares[8] Financing Activities - Cash outflow from financing activities amounted to $7,744,854.22, down 55% from $17,337,379.32 in the previous period[29] - Net cash flow from financing activities was -$7,744,854.22, contrasting with a positive $7,430,946.68 in the prior period[29] - The company did not receive any cash from new borrowings, which was $24,768,326.00 in the previous period[29] - The company’s cash paid for debt repayment was $3,286,211.37, a decrease from $15,000,000.00 in the prior period[29] - The company’s cash paid for dividends and interest was $1,111,323.25, down from $1,931,823.12 in the previous period[29] Other Information - The company has implemented an employee stock ownership plan to enhance long-term incentives and retain talent[13] - The company has not reported any new product developments or market expansions in the current quarter[24] - The first quarter report was not audited[30]