JGBR(300421)2025-04-24 12:15Financial Performance - The company's operating revenue for Q1 2025 was ¥251,790,694.27, representing a 4.66% increase compared to ¥240,573,162.10 in the same period last year[5] - Net profit attributable to shareholders was ¥17,129,258.14, an increase of 11.28% from ¥15,392,876.31 year-over-year[5] - The basic earnings per share rose to ¥0.0583, reflecting an 11.26% increase from ¥0.0524 in the previous year[5] - Operating profit for the current period was ¥20,199,422.73, compared to ¥18,246,626.13 in the previous period, indicating a growth of 10.7%[21] - Net profit for the current period reached ¥17,129,258.14, an increase of 11.3% compared to ¥15,392,876.31 in the previous period[22] - Basic and diluted earnings per share increased to ¥0.0583 from ¥0.0524, reflecting a growth of 15.0%[22] - Total comprehensive income for the current period was ¥17,079,923.20, compared to ¥15,532,832.76 in the previous period, marking an increase of 9.9%[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,986,559,462.51, up 3.84% from ¥1,913,175,773.96 at the end of the previous year[5] - Current assets totaled ¥997,833,616.06, up from ¥923,606,151.69, marking an increase of 8.0%[19] - Total liabilities increased to ¥715,467,687.46 from ¥659,056,445.86, an increase of 8.6%[19] - The total equity attributable to shareholders reached ¥1,271,091,775.05, up from ¥1,254,119,328.10, indicating a growth of 1.4%[20] Cash Flow - The net cash flow from operating activities was negative at -¥115,543,067.01, a significant decline of 639.45% compared to ¥21,418,570.40 in the same period last year[11] - Cash and cash equivalents increased by 36.44% to ¥197,028,006.39, up from ¥144,410,257.60 at the beginning of the period[9] - Operating cash flow generated was ¥236,884,147.72, up 18.2% from ¥200,313,781.68 in the previous period[25] - Cash inflow from financing activities was ¥287,325,300.00, down from ¥450,000,000.00 in the previous period[25] - The company reported a net cash flow from financing activities of ¥166,604,941.68, compared to ¥38,063,723.50 in the previous period, indicating a significant increase[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 42,002[13] - The largest shareholder, Shi Xianggui, holds 22.71% of the shares, totaling 66,760,075 shares[13] - The top ten shareholders collectively hold a significant portion of the company's shares, with the top three alone accounting for 27.54%[13] - The top ten unrestricted shareholders include both individual and institutional investors, with Barclays Bank PLC holding 0.76%[13] - The number of shareholders with voting rights restored for preferred shares is zero[13] Strategic Initiatives - The company plans to acquire a controlling stake in Qingdao Feiyan Lingang Precision Steel Ball Manufacturing Co., Ltd. to enhance its competitiveness in the high-end manufacturing sector[16] - The company has a strategy to deepen its industry chain and leverage its technological expertise accumulated over years in the bearing rolling body industry[16] - The company does not anticipate the acquisition to constitute a major asset restructuring under relevant regulations[16] Other Financial Metrics - Research and development expenses for the current period were ¥13,095,450.15, compared to ¥12,666,185.04 in the previous period, showing an increase of 3.4%[21] - The company experienced a 322.91% increase in prepayments, totaling ¥20,382,764.12, primarily due to increased advance payments for steel materials[9] - The company recorded a 171.81% increase in asset impairment losses, amounting to -¥1,964,227.45, mainly due to increased inventory write-downs[10] - Other comprehensive income after tax for the current period was -¥49,334.94, a decrease from ¥139,956.45 in the previous period[22] - The company has not reported any changes in the participation of major shareholders in margin financing and securities lending activities[13] - The company has not undergone an audit for the first quarter report[27]