隆基机械(002363) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥525,017,622.34, a decrease of 2.55% compared to ¥538,750,514.69 in the same period last year[5]. - Net profit attributable to shareholders increased by 29.42% to ¥18,793,514.06 from ¥14,521,796.56 year-on-year[5]. - The company reported a 33.93% increase in net profit after deducting non-recurring gains and losses, reaching ¥17,182,618.87 compared to ¥12,829,959.52 in the previous year[5]. - Net profit for the current period reached CNY 17,180,529.66, an increase of 29.0% compared to CNY 13,307,933.72 in the previous period[18]. - The net profit attributable to the parent company was CNY 18,793,514.06, an increase from CNY 14,521,796.56 in the previous period, representing a growth of approximately 29.6%[19]. - The total comprehensive income attributable to the parent company was CNY 18,793,514.06, compared to CNY 14,521,796.56 in the prior period, indicating a year-over-year increase of about 29.6%[19]. - Basic and diluted earnings per share increased to CNY 0.04 from CNY 0.03, reflecting a growth of 33.3%[19]. Cash Flow - The net cash flow from operating activities rose by 47.52% to ¥126,269,118.02, primarily due to reduced cash payments for goods and services[7]. - Net cash flow from operating activities was CNY 126,269,118.02, up from CNY 85,597,135.53, marking an increase of approximately 47.5%[22]. - Cash inflow from operating activities totaled CNY 531,554,462.56, while cash outflow was CNY 405,285,344.54, resulting in a net cash flow of CNY 126,269,118.02[22]. - Cash flow from investing activities showed a net outflow of CNY 20,365,298.69, an improvement from a net outflow of CNY 33,987,525.81 in the previous period[22]. - Cash flow from financing activities resulted in a net outflow of CNY 10,654,684.07, compared to a smaller outflow of CNY 802,070.27 in the prior period[22]. - The ending cash and cash equivalents balance was CNY 967,978,988.48, an increase from CNY 790,623,894.44 at the end of the previous period, reflecting a growth of approximately 22.4%[22]. - The company received CNY 150,000,000.00 from investment recoveries, up from CNY 110,000,000.00 in the previous period, indicating a growth of 36.4%[22]. - The company reported a total cash inflow from operating activities of CNY 531,554,462.56, which is a decrease from CNY 567,526,670.31 in the previous period, showing a decline of about 6.3%[22]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,275,417,001.89, reflecting a decrease of 2.97% from ¥3,375,622,672.06 at the end of the previous year[5]. - Total assets decreased to CNY 3,275,417,001.89 from CNY 3,375,622,672.06, indicating a reduction in overall asset base[15]. - Total liabilities decreased to CNY 1,097,343,933.71 from CNY 1,214,994,350.59, showing improved financial leverage[15]. - Cash and cash equivalents increased to CNY 1,143,123,954.40 from CNY 1,085,401,258.77, indicating better liquidity[13]. - Inventory decreased to CNY 420,331,832.71 from CNY 473,519,078.03, suggesting improved inventory management[14]. - The company’s equity attributable to shareholders increased to CNY 2,133,633,492.58 from CNY 2,114,575,761.47, reflecting a stronger equity position[15]. Research and Development - Research and development expenses surged by 252.95% compared to the previous year, indicating increased investment in R&D projects[10]. - Research and development expenses increased significantly to CNY 12,421,033.67, up from CNY 3,519,244.71, reflecting a focus on innovation[18]. Credit Impairment - The company reported a significant credit impairment loss of CNY 7,339,359.25, compared to a reversal of CNY 1,635,289.14 in the previous period[18]. - The company reported a 548.81% increase in credit impairment losses, attributed to a decrease in provisions for bad debts[10].