Financial Performance - The company's revenue for Q1 2025 was ¥32,938,599.01, representing a 6.91% increase compared to ¥30,809,661.36 in the same period last year[5] - The net loss attributable to shareholders for Q1 2025 was ¥7,394,207.13, a 48.96% increase from a loss of ¥4,963,840.17 in Q1 2024[5] - The basic earnings per share for Q1 2025 was -¥0.14, a decrease of 55.56% from -¥0.09 in Q1 2024[5] - Comprehensive income totalled CNY -7,465,783.90, compared to CNY -4,974,762.20 in the previous year, indicating increased losses[20] - Basic and diluted earnings per share were both CNY -0.14, down from CNY -0.09 in the same quarter last year[20] Cash Flow - The net cash flow from operating activities was -¥26,919,556.37, a decrease of 148.93% compared to -¥10,814,048.92 in the previous year[11] - Operating cash flow for the current period was -26,919,556.37 CNY, compared to -10,814,048.92 CNY in the previous period, indicating a decline in cash generation from operations[21] - Total cash inflow from operating activities was 128,727,835.30 CNY, up from 79,471,288.84 CNY in the previous period, reflecting a 62% increase[21] - Cash outflow from operating activities increased to 155,647,391.67 CNY from 90,285,337.76 CNY, representing a 72% rise[21] - Cash flow from financing activities was -10,304,880.65 CNY, an improvement from -90,818,984.60 CNY in the previous period[22] Assets and Liabilities - Total assets at the end of Q1 2025 were ¥1,439,218,902.63, an increase of 1.67% from ¥1,415,595,865.41 at the end of the previous year[5] - Total liabilities rose to CNY 278,380,443.16, up from CNY 247,291,622.04, marking an increase of 12.6%[18] - Owner's equity attributable to the parent company decreased to CNY 1,160,838,459.47 from CNY 1,168,304,243.37, a decline of 0.6%[18] - Deferred tax assets increased significantly to CNY 8,061,345.18 from CNY 4,750,691.81, indicating improved tax position[18] Investment Activities - The company reported a significant increase in investment activities, with a net cash outflow of -¥409,931,752.97, compared to a net inflow of ¥43,407,337.80 in the same period last year, primarily due to the purchase of structured deposits[11] - Cash outflow for investment activities was 410,015,273.51 CNY, compared to 6,592,662.20 CNY in the previous period, indicating a substantial increase in investment spending[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 9,435[12] - The top three shareholders, Qian Shuguang and Wang Lusheng, each hold 17.55% of shares, totaling 9,360,000 shares[12] - The top ten shareholders do not participate in margin trading or securities lending activities[13] Operational Metrics - Total operating costs rose to CNY 47,340,771.92, up 14.0% from CNY 41,497,320.75 in the same period last year[19] - Research and development expenses were CNY 13,353,157.44, slightly decreased from CNY 14,218,430.05 year-over-year[19] - Inventory increased by 64.78% to ¥223,327,216.60, up from ¥135,528,526.00, due to increased stocking based on customer demand[10] - Accounts receivable decreased from ¥233,893,025.77 to ¥196,499,243.79, a reduction of about 16%[16] - Fixed assets decreased from ¥116,105,421.15 to ¥114,575,393.27, a decline of approximately 1.3%[16] Other Information - The company has no preferred shareholders or changes in restricted shares during the reporting period[14] - The company has not reported any significant changes in its strategic direction or new product developments in this quarter[14] - The company did not undergo an audit for the first quarter report[23]
荣旗科技(301360) - 2025 Q1 - 季度财报