冀东装备(000856) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥617,761,720.32, representing a 3.57% increase compared to ¥596,479,791.34 in the same period last year[5] - The net profit attributable to shareholders decreased significantly by 97.08% to ¥120,231.15 from ¥4,115,934.95 year-on-year[5] - The net cash flow from operating activities improved by 27.54%, amounting to -¥147,236,858.84 compared to -¥203,195,861.26 in the previous year[5] - The company's basic earnings per share dropped by 97.24% to ¥0.0005 from ¥0.0181 in the same period last year[5] - The net profit for Q1 2025 was ¥500,458.71, a significant decrease from ¥3,776,969.60 in the same period last year[19] - The company reported a loss from operating profit of ¥2,910,968.62, compared to a loss of ¥460,633.08 in the previous year[19] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,181,238,143.47, a decrease of 2.48% from ¥2,236,797,031.55 at the end of the previous year[5] - Total liabilities decreased to ¥1,733,249,501.45 from ¥1,788,986,897.26, a reduction of 3.1%[17] - The total equity attributable to shareholders of the parent company was ¥419,427,651.11, slightly down from ¥419,629,370.94[17] - The company’s short-term borrowings increased to ¥185,232,357.19 from ¥148,320,000.00, marking a rise of 25.0%[17] Cash Flow - Cash inflow from financing activities totaled ¥75,617,176.92, up from ¥32,107,384.29 in the previous period, representing a 135.5% increase[22] - Net cash flow from financing activities surged by 483.05% to ¥32,426,213.62, mainly due to new low-interest borrowings[9] - Operating cash inflow for the current period was ¥250,014,053.20, an increase of 1.8% from ¥245,582,103.30 in the previous period[21] - Cash and cash equivalents decreased significantly from CNY 226,320,875.16 to CNY 123,158,447.92, representing a drop of about 45.7%[15] - Cash and cash equivalents at the end of the period were ¥82,028,592.33, down from ¥94,090,570.63 in the previous period[22] - The company reported a decrease in cash received from tax refunds, which was ¥0.00 compared to ¥1,382,109.85 in the previous period[21] Inventory and Other Assets - The company reported a significant increase in inventory by 39.81%, reaching ¥322,911,444.33, primarily due to normal business operations[9] - The company reported a total current assets of CNY 1,833,157,421.54 as of March 31, 2025, a decrease from CNY 1,889,557,426.39 at the beginning of the period, reflecting a decline of approximately 3.5%[15] - Accounts receivable decreased from CNY 1,011,228,152.58 to CNY 932,744,629.83, indicating a reduction of approximately 7.8%[15] - The company’s total non-current assets remained stable, with fixed assets valued at CNY 213,362,476.32 compared to CNY 217,436,486.18 at the beginning of the period[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 48,041, with the largest shareholder, Jidong Development Group, holding 30.00% of the shares[11] Strategic Focus - The company is focusing on improving its cash flow management given the significant decrease in cash reserves[15] - Future strategies may include enhancing inventory turnover to optimize working capital given the increase in inventory levels[15] - The company has not disclosed any new product developments or market expansion plans in the provided data[15] Research and Development - Research and development expenses for the quarter were ¥11,884,810.27, compared to ¥11,435,656.25 in the previous year, reflecting an increase of 3.9%[18] Audit Status - The first quarter report was not audited, which may affect the reliability of the financial data presented[23]