蜀道装备(300540) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥51,459,839.55, representing a 28.10% increase compared to ¥40,172,357.47 in the same period last year[4] - The net profit attributable to shareholders was -¥655,941.44, a decrease of 116.57% from ¥3,959,370.48 in the previous year[7] - The net cash flow from operating activities was -¥59,731,976.18, down from ¥76,670,469.08 in the same period last year[4] - Total operating revenue for the current period reached ¥51,459,839.55, an increase from ¥40,172,357.47 in the previous period, representing a growth of approximately 28.5%[16] - Net profit for the current period was -¥803,612.93, a significant decline from ¥3,936,932.38 in the previous period, indicating a negative shift in profitability[16] - The total comprehensive income for the current period was -¥803,612.93, compared to ¥3,936,932.38 in the previous period, indicating a decline in overall financial performance[17] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,969,939,646.85, a decrease of 6.23% from ¥2,100,830,514.65 at the end of the previous year[4] - Total current assets decreased to 1.59 billion yuan from 1.73 billion yuan, a reduction of approximately 8.06%[13] - Total liabilities decreased to 848.08 million yuan from 981.06 million yuan, a decline of about 13.54%[14] - The company's total equity increased slightly to 1.12 billion yuan from 1.12 billion yuan, showing a marginal growth of approximately 0.19%[14] - The company’s total assets decreased to 1.97 billion yuan from 2.10 billion yuan, a reduction of about 5.88%[13] Cash Flow and Investments - The company's cash and cash equivalents increased to 560.32 million yuan from 479.93 million yuan, reflecting a growth of approximately 16.73%[13] - Cash and cash equivalents at the end of the period totaled ¥529,467,175.34, up from ¥166,019,492.98 at the end of the previous period, reflecting a substantial increase[21] - The company received cash inflows from investment activities amounting to ¥264,605,602.74, significantly higher than the previous period's cash inflow of ¥300.00[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,907[9] - The largest shareholder, Shudao Transportation Service Group Co., Ltd., holds a 29.11% stake in the company[9] Management and Expenses - Management expenses increased by 52.90% to ¥21,851,160.65 due to the establishment of a new company and increased labor costs[6] - Research and development expenses were ¥5,672,889.32, slightly down from ¥6,279,290.18 in the previous period[16] - The company incurred a financial expense of -¥1,866,415.95, compared to -¥1,353,260.15 in the previous period, indicating an increase in financial costs[16] Financing and Acquisitions - The company reported a significant increase in accounts receivable financing, which rose by 141.39% to ¥1,599,405.82[6] - The company plans to acquire a 65.43% stake in Henan Koyi Gas Co., Ltd. through cash payment, aiming to gain control over the company[10] - A joint venture with Shudao Group and Toyota Motor Corporation has been established with a registered capital of 236 million yuan, where the company holds a 45% stake[11] Borrowings - The company reported a decrease in short-term borrowings to 80.94 million yuan from 83.93 million yuan, a reduction of about 3.56%[14] - The company’s long-term borrowings decreased to 63 million yuan from 82.4 million yuan, a decline of approximately 23.58%[14] Accounts Receivable - Accounts receivable decreased to 178.84 million yuan from 217.59 million yuan, a decline of about 17.79%[13]