万润科技(002654) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥1,186,500,865, representing a 29.51% increase compared to ¥916,163,173.52 in the same period last year[4] - The net profit attributable to shareholders was a loss of ¥1,836,407.34, a decline of 115.80% from a profit of ¥11,621,420.47 in the previous year[4] - The net cash flow from operating activities was -¥166,219,870.05, a decrease of 121.12% compared to -¥75,170,523.22 in the same period last year[4] - The weighted average return on equity was -0.12%, down from 0.76% in the same period last year, indicating a significant decline in profitability[4] - Net profit for the current period was a loss of ¥7,317,566.77, compared to a profit of ¥5,524,646.58 in the previous period[19] - Basic and diluted earnings per share were both reported at -0.0022, compared to 0.0137 in the previous period[20] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥4,790,682,178.16, a slight decrease of 0.06% from ¥4,793,448,871.55 at the end of the previous year[4] - Total current assets amount to 3,234,205,007.65 RMB, slightly up from 3,225,714,382.29 RMB at the beginning of the period[15] - The company has a total of 1,556,477,170.51 RMB in non-current assets, down from 1,567,734,489.26 RMB[15] - The total liabilities increased to ¥3,203,967,957.60 from ¥3,199,417,084.22, indicating a slight rise[18] - The total equity attributable to shareholders of the parent company was ¥1,535,421,986.16, a decrease from ¥1,537,258,393.50[18] Cash Flow - The net cash flow from financing activities increased by 312.22% to ¥131,356,431.70, mainly due to higher borrowings from financial institutions[9] - Cash received from sales of goods and services was ¥1,433,629,644.40, significantly higher than ¥986,336,259.69 in the previous period[20] - Net cash flow from investing activities was -$25,932,023.22, compared to -$6,695,287.73 in the previous period[21] - Cash inflow from financing activities totaled $488,077,210.71, up from $257,475,194.75 year-over-year[21] - Net cash flow from financing activities was $131,356,431.70, compared to $31,865,832.74 previously[21] - The net increase in cash and cash equivalents was -$62,733,106.62, compared to -$49,373,759.19 in the previous period[21] - The ending balance of cash and cash equivalents was $213,516,373.73, slightly down from $213,899,037.47 year-over-year[21] Operating Costs and Expenses - The company's operating costs increased by 32.87% to ¥1,082,976,094.72, primarily due to the growth in revenue[8] - Total operating costs amounted to ¥1,196,879,240.43, up from ¥923,819,685.74, reflecting a rise of 29.5%[18] - Financial expenses rose by 54.77% to ¥21,915,620.98, attributed to an increase in the balance of loans from financial institutions[8] - The company incurred financial expenses of ¥21,915,620.98, up from ¥14,160,552.31, primarily due to increased interest expenses[19] - Research and development expenses were ¥26,648,110.00, slightly down from ¥27,245,402.40 in the previous period[19] Shareholder Information - Total number of common stock shareholders at the end of the reporting period is 138,157[11] - The largest shareholder, Changjiang Industrial Investment Group Co., Ltd., holds 23.89% of shares, totaling 201,978,254 shares[11] Inventory and Receivables - Cash and cash equivalents decreased from 403,169,703.48 RMB to 311,359,716.17 RMB, a decline of approximately 22.8%[14] - Accounts receivable decreased from 1,567,121,471.15 RMB to 1,470,830,846.62 RMB, a reduction of about 6.1%[14] - Inventory increased from 291,282,633.28 RMB to 402,759,184.71 RMB, an increase of approximately 38.3%[15] - Short-term borrowings rose from 873,200,000.00 RMB to 1,001,700,000.00 RMB, an increase of about 14.7%[15] Contract Liabilities - The company experienced a 51.78% increase in contract liabilities, reaching ¥74,447,767.56, indicating a rise in advance payments received[8] - The company reported a significant increase in contract liabilities from 49,050,239.92 RMB to 74,447,767.56 RMB, an increase of approximately 51.8%[15] Audit Status - The company’s first quarter report was not audited[22]