ZYSC(SH:600280)2025-04-24 12:15Financial Performance - The company's operating revenue for Q1 2025 was CNY 646,930,404.25, representing a 2.15% increase compared to CNY 633,288,932.35 in the same period last year[3]. - Net profit attributable to shareholders decreased by 69.76% to CNY 1,882,869.18 from CNY 6,225,749.03 year-on-year[3]. - The net profit after deducting non-recurring gains and losses fell by 66.13% to CNY 2,306,010.14 compared to CNY 6,809,191.36 in the previous year[3]. - Basic and diluted earnings per share decreased by 66.67% to CNY 0.002 from CNY 0.006 in the same period last year[3]. - Net profit for Q1 2025 was CNY 1,120,743.69, a decrease of 73.8% from CNY 4,277,639.02 in Q1 2024[19]. - The total comprehensive income for the period was CNY 15,571,403.54, compared to CNY 18,398,750.73 in the previous period, indicating a decline of 15.5%[29]. Cash Flow and Liquidity - The net cash flow from operating activities increased by 28.10% to CNY 97,429,249.30 from CNY 76,059,141.31 year-on-year[3]. - The net cash flow from operating activities for Q1 2025 was CNY 97,429,249.30, compared to CNY 76,059,141.31 in Q1 2024, indicating an increase of 28.0%[21]. - The cash inflow from operating activities decreased by 10.9% from CNY 690,932,511.99 in Q1 2024 to CNY 614,975,634.73 in Q1 2025[31]. - The company incurred financing cash outflows of CNY 782,489,601.50 in Q1 2025, compared to CNY 164,316,215.71 in Q1 2024[22]. - The cash flow from investing activities was negative CNY 28,597,766.55 in Q1 2025, contrasting with a positive cash flow of CNY 8,141,640.04 in Q1 2024[22]. - The company received CNY 600,000,000.00 in borrowings during Q1 2025, a significant increase from CNY 100,000,000.00 in Q1 2024, highlighting a strategic move to enhance liquidity[31]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 10,850,063,374.25, down 2.27% from CNY 11,102,371,659.98 at the end of the previous year[4]. - Current assets decreased to CNY 4,786,460,567.67 from CNY 4,967,089,834.28, representing a decline of about 3.64%[13]. - Total liabilities as of March 31, 2025, were CNY 8,912,130,062.63, compared to CNY 8,994,758,441.91 as of December 31, 2024, showing a decrease of approximately 0.92%[14]. - The total liabilities as of the latest reporting period amounted to CNY 10,163,219,366.06, a slight decrease from CNY 10,391,618,395.48[15]. - The total assets as of March 31, 2025, amounted to CNY 10,850,063,374.25, a decrease from CNY 11,102,371,659.98 as of December 31, 2024, reflecting a decline of approximately 2.26%[13]. Shareholder Information - The company reported a total of 71,123 preferred shares with voting rights restored at the end of the reporting period[10]. - The top shareholder, Zhu Yicai, holds 42.25% of the shares, amounting to 476,687,416 shares, which are currently frozen[10]. - Jiangsu Dihua Industrial Group Co., Ltd. is the second-largest shareholder with 14.76% ownership, totaling 166,500,000 shares, also frozen[10]. Operating Costs and Expenses - Total operating costs for Q1 2025 were CNY 624,297,387.81, up from CNY 606,003,566.33 in Q1 2024, reflecting a rise of 3.9%[18]. - The company incurred sales expenses of CNY 62,464,337.00 in Q1 2025, a decrease of 5.5% from CNY 66,293,608.17 in Q1 2024[18]. - The company’s financial expenses for Q1 2025 were CNY 68,446,120.58, down from CNY 71,941,283.64 in Q1 2024[18]. - The company reported a decrease in operating costs to CNY 131,107,759.91 in Q1 2025 from CNY 144,454,070.48 in Q1 2024[28].