兴森科技(002436) - 2025 Q1 - 季度财报

Revenue and Profit - The company's revenue for Q1 2025 was ¥1,579,603,763.29, representing a 13.77% increase compared to ¥1,388,466,963.69 in the same period last year[5] - Net profit attributable to shareholders decreased by 62.24% to ¥9,372,438.91 from ¥24,822,701.22 year-on-year[5] - The net profit after deducting non-recurring gains and losses fell by 71.16% to ¥6,899,959.42 compared to ¥23,926,610.95 in the previous year[5] - Net profit for the current period was a loss of ¥36,762,803.82, compared to a loss of ¥27,382,529.20 in the previous period, indicating a worsening performance[22] - The company reported a total comprehensive income of ¥48,153,244.17, contrasting with a loss of ¥105,659,897.45 in the previous period[23] Cash Flow - The net cash flow from operating activities decreased by 77.01% to ¥16,926,344.30 from ¥73,613,626.84 in the same period last year[5] - Cash inflow from operating activities totaled ¥1,620,963,416.16, a rise from ¥1,493,200,946.39 in the previous period[25] - The net cash flow from operating activities was $16,926,344.30, a decrease of 77% compared to $73,613,626.84 in the previous period[26] - The net cash flow from financing activities was $870,970,268.61, a significant improvement compared to a negative cash flow of $204,160,500.89 in the previous period[26] - The company reported a net increase in cash and cash equivalents of $443,077,395.82, contrasting with a net decrease of $493,870,566.89 in the previous period[26] Assets and Liabilities - Total assets increased by 6.59% to ¥14,569,087,263.52 from ¥13,668,277,183.53 at the end of the previous year[5] - Total current assets increased to CNY 5,107,661,684.23 from CNY 4,383,385,079.37, representing a growth of approximately 16.5%[17] - Total liabilities increased to ¥8,944,592,341.92, compared to ¥8,091,938,591.17 in the previous period, reflecting a growth of 10.54%[19] - Total current liabilities increased to CNY 4,093,663,043.18 from CNY 3,788,034,407.23, a rise of approximately 8.1%[18] - Short-term borrowings surged to CNY 469,481,709.44 from CNY 152,273,894.78, marking an increase of about 208.5%[18] Shareholder Information - Total number of common shareholders at the end of the reporting period is 111,018[14] - The largest shareholder, Qiu Xingya, holds 14.46% of shares, totaling 244,376,552 shares, with 55,450,000 shares pledged[14] Expenses and Financial Performance - Total operating costs amounted to ¥1,641,130,691.87, up 13.27% from ¥1,448,533,205.16 in the prior period[21] - Research and development expenses increased to ¥103,732,541.66, up 14.61% from ¥90,502,469.35 year-over-year[22] - Financial expenses rose by 93.81% to ¥46,665,796.75, primarily due to a decrease in exchange gains[10] - Other income increased by 214.39% to ¥35,620,169.97, mainly from increased government subsidies received[10] Cash and Equivalents - The company's cash and cash equivalents increased by 67.95% to ¥1,037,762,580.10 due to increased borrowings during the reporting period[9] - Cash and cash equivalents rose to CNY 1,037,762,580.10 from CNY 617,907,207.55, an increase of about 67.9%[17] - The ending balance of cash and cash equivalents was $875,751,307.28, compared to $1,384,888,989.49 at the beginning of the period, indicating a decrease of about 37%[27] Investment and Acquisitions - The company reported a significant decrease in investment income, down 67.85% to ¥810,733.51, attributed to reduced investment returns from associates[10] - Cash paid for the acquisition of fixed assets was $232,610,663.68, down from $316,057,592.82, representing a decrease of about 26%[26] - The total cash outflow from investment activities was $733,635,590.31, slightly up from $718,515,844.28, showing an increase of around 2%[26] Other Information - The company has not disclosed any significant new strategies or product developments during the reporting period[16] - The first quarter report was not audited, indicating that the financial figures are subject to further verification[28]