中铁装配(300374) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥261,318,484.76, a decrease of 17.89% compared to ¥318,253,845.42 in the same period last year[5] - The net loss attributable to shareholders was ¥31,477,092.70, showing an improvement of 5.07% from a loss of ¥33,159,309.62 in the previous year[5] - Net profit for the current period is -¥31,477,092.70, an improvement from -¥33,159,309.62 in the previous period, indicating a 5.1% reduction in losses[19] - Total operating revenue for the current period is ¥261,318,484.76, a decrease of 17.9% from ¥318,253,845.42 in the previous period[17] - Total operating costs decreased to ¥306,518,220.94 from ¥353,861,745.65, reflecting a reduction of 13.4%[17] Cash Flow - The net cash flow from operating activities decreased by 55.97%, amounting to ¥5,228,643.65 compared to ¥11,874,158.82 in the prior year[5] - The net cash flow from operating activities is ¥5,228,643.65, down from ¥11,874,158.82 in the previous period, representing a decline of 56%[20] - The company generated cash inflows from operating activities totaling ¥565,753,074.20, an increase from ¥358,227,854.26 in the previous period[20] - The company reported a 362.86% increase in net cash flow from financing activities, totaling ¥87,415,486.73 compared to a net outflow of ¥33,255,677.63 in the previous year[8] - Net cash flow from financing activities was $87.42 million, a significant improvement from -$33.26 million year-over-year[21] - The net increase in cash and cash equivalents was $92.63 million, contrasting with a decrease of $21.94 million in the prior period[21] - The ending balance of cash and cash equivalents reached $461.65 million, up from $234.99 million year-over-year[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,956,930,601.65, a decrease of 1.82% from ¥4,030,153,320.54 at the end of the previous year[5] - Total current assets decreased to ¥2,383,034,854.73 from ¥2,448,103,357.01, a reduction of approximately 2.7%[14] - Total liabilities decreased to ¥3,122,280,412.06 from ¥3,188,789,357.66, a decrease of about 2.1%[15] - The company's total assets decreased to ¥3,956,930,601.65 from ¥4,030,153,320.54, reflecting a decline of approximately 1.8%[15] - The total liabilities and equity amounted to ¥3,956,930,601.65, down from ¥4,030,153,320.54, indicating a decrease of 1.8%[16] Shareholder Information - The company had a total of 24,796 common shareholders at the end of the reporting period[10] - The company reported a total of 42,487,944 shares under lock-up agreements, with 5,444,100 shares released during the period[12] - The company has not disclosed any related party relationships or concerted actions among the top shareholders[11] - The company is currently unaware of any changes in the shareholding structure due to securities lending activities among the top shareholders[11] Research and Development - Research and development expenses increased significantly by 313.75%, reaching ¥5,571,155.97, up from ¥1,346,489.62 in the same period last year[8] - Research and development expenses increased significantly to ¥5,571,155.97 from ¥1,346,489.62, marking a growth of 314%[17] Accounts Receivable and Payable - The accounts receivable increased by 133.99%, reaching ¥48,472,501.39, primarily due to an increase in bills received from settlements[8] - Accounts receivable decreased to ¥1,405,342,823.21 from ¥1,625,499,099.27, a decline of about 13.5%[14] - Accounts payable decreased to ¥1,462,600,115.01 from ¥1,628,968,909.38, a decline of approximately 10.2%[15] Inventory and Contract Liabilities - The inventory increased by 42.33% to ¥117,475,898.34, attributed to more new projects starting at the beginning of the year[8] - The contract liabilities rose by 86.14% to ¥119,028,181.85, mainly due to an increase in advance payments received for projects[8] Foreign Exchange and Other Losses - The company recorded a foreign exchange loss of ¥7,836,623.30, compared to a gain of -¥3,971,186.90 in the previous period[18] - Net cash flow from investing activities was -$7.59 million, a decrease from -$572.20 million year-over-year[21] - Cash inflow from financing activities totaled $189.06 million, compared to $592.26 million in the previous period[21]