SACA(SZ:300464)2025-04-24 13:35Financial Performance - The company's revenue for Q1 2025 was CNY 334,709,745.15, a decrease of 8.65% compared to the same period last year[5]. - The net profit attributable to shareholders was CNY -2,841,810.14, representing a decline of 161.13% year-over-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses increased to CNY 5,182,964.87, a growth of 366.19% compared to the previous year[5]. - The company reported a total comprehensive income loss of ¥662,737.40, compared to a gain of ¥3,792,869.50 in the previous period[24]. - Net profit for the period was a loss of ¥2.67 million, compared to a profit of ¥5.06 million in the previous period, representing a significant decline[23]. - Operating profit increased to ¥8.40 million from ¥5.62 million, an increase of approximately 49.5% year-over-year[23]. Cash Flow - The net cash flow from operating activities was CNY -11,745,114.76, a decrease of 223.91% from the same period last year[5]. - Cash flow from operating activities showed a net outflow of ¥11.75 million, compared to a net inflow of ¥9.48 million in the previous period[25]. - Cash flow from investing activities resulted in a net outflow of ¥6.51 million, compared to a net inflow of ¥7.31 million in the previous period[26]. - Cash flow from financing activities generated a net inflow of ¥76.61 million, compared to a net outflow of ¥29.94 million in the previous period[26]. - The company’s cash and cash equivalents at the end of the period increased to ¥137.06 million from ¥68.57 million, a significant increase[26]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,485,112,684.99, an increase of 3.93% from the end of the previous year[5]. - Total current assets increased from CNY 863,426,344.54 to CNY 926,329,857.69, reflecting a growth of approximately 7.3%[17]. - Cash and cash equivalents rose from CNY 197,234,163.96 to CNY 278,224,458.73, an increase of about 40.9%[17]. - Accounts receivable decreased from CNY 310,256,963.44 to CNY 295,787,124.65, a decline of approximately 4.7%[17]. - Inventory decreased from CNY 205,242,589.96 to CNY 194,238,247.45, a reduction of about 5.4%[17]. - Total liabilities increased from CNY 1,280,425,435.85 to CNY 1,337,279,861.34, representing a growth of approximately 4.4%[19]. - Short-term borrowings rose significantly from CNY 219,935,256.25 to CNY 325,638,147.45, an increase of about 48%[18]. - Total equity decreased slightly from CNY 148,495,561.05 to CNY 147,832,823.65, a decline of approximately 0.4%[19]. - The company reported a total asset increase from CNY 1,428,920,996.90 to CNY 1,485,112,684.99, reflecting a growth of about 3.9%[19]. - The company’s long-term investments decreased from CNY 3,347,728.57 to CNY 3,237,939.15, a decline of approximately 3.3%[18]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 25,109[11]. - Major shareholders include Xie Xiaohua with a 22.12% stake and Guangdong Xingye Investment with a 17.34% stake, both of which have pledged a significant portion of their shares[11]. - The company has a commitment to unlock shares for certain shareholders on February 19, 2025, totaling 33,904,748 shares[15]. Business Strategy - The company streamlined its cross-border e-commerce business by focusing on core products, which improved profitability despite the decline in overall revenue[9]. - The company reported a significant increase in non-operating losses, primarily due to increased provisions for pending litigation and a decrease in non-operating income[9]. Return Metrics - The weighted average return on equity was -2.20%, down from 0.82% in the same period last year[5]. - Basic and diluted earnings per share were both reported at -0.0061, compared to 0.0099 in the previous period[24].