GINWA(SH:600080)2025-04-24 13:45Financial Performance - The company's operating revenue for Q1 2025 was ¥107,322,617.51, a decrease of 7.31% compared to ¥115,789,270.68 in the same period last year[4] - Net profit attributable to shareholders was ¥1,215,305.87, reflecting a significant decline of 94.93% from ¥23,962,427.14 year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 151.79% to ¥10,674,621.80 from ¥4,239,492.97 in the previous year[4] - Basic and diluted earnings per share were both ¥0.0034, down 94.75% from ¥0.0648 in the previous year[4] - The company reported a significant decrease in net profit primarily due to the absence of investment income from the disposal of subsidiaries recognized in the previous year[4] - Total revenue for Q1 2025 was CNY 107,322,617.51, a decrease from CNY 115,789,270.68 in Q1 2024[17] - Net profit for Q1 2025 was CNY 1,213,505.40, compared to CNY 23,962,427.14 in Q1 2024, indicating a significant decline[18] - Operating profit for Q1 2025 was CNY 686,761.56, a decrease from CNY 28,270,193.02 in Q1 2024[18] - Total comprehensive income for the period amounted to CNY 1,213,505.40, with the total attributable to the parent company being CNY 1,215,305.87[19] - Basic and diluted earnings per share for the period were CNY 0.0034, compared to CNY 0.0648 in the previous period[19] Cash Flow and Liquidity - The net cash flow from operating activities was -¥121,368,520.52, worsening from -¥49,212,848.23 in the same period last year[4] - Cash inflows from operating activities totaled CNY 102,614,406.29, a decrease from CNY 139,272,969.60 in the same quarter last year[21] - Cash outflows from operating activities amounted to CNY 223,982,926.81, compared to CNY 188,485,817.83 in the previous year[21] - Cash inflows from investing activities were CNY 290,856,141.73, down from CNY 452,758,287.53 in the prior year[22] - Net cash flow from investing activities was CNY -132,574,698.96, compared to CNY -100,782,751.69 in the previous year[22] - Cash inflows from financing activities totaled CNY 136,307,923.94, a decrease from CNY 206,522,689.02 in the same quarter last year[23] - Net cash flow from financing activities was CNY 34,473,274.97, improving from CNY -106,746,213.65 year-over-year[23] - The ending cash and cash equivalents balance was CNY 118,450,647.88, down from CNY 362,990,968.10 in the previous year[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,991,845,145.12, an increase of 1.00% from ¥1,972,071,163.91 at the end of the previous year[5] - Total current assets decreased to CNY 760,423,456.14 from CNY 782,365,271.63 year-over-year[12] - Total non-current assets increased to CNY 1,231,421,688.98 from CNY 1,189,705,892.28 year-over-year[13] - Total liabilities rose to CNY 431,147,881.41 from CNY 412,587,405.60 year-over-year[14] - Shareholders' equity totaled CNY 1,560,697,263.71, slightly up from CNY 1,559,483,758.31 year-over-year[14] - Cash and cash equivalents decreased to CNY 167,711,032.80 from CNY 347,680,977.31 year-over-year, indicating liquidity challenges[12] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 21,108, with the largest shareholder holding 19.63% of the shares[8] Research and Development - Research and development expenses increased to CNY 11,691,377.11 in Q1 2025 from CNY 2,329,533.04 in Q1 2024, reflecting a focus on innovation[18] Government Support - The company received government subsidies amounting to ¥148,787.91 during the period, while non-operating losses totaled -¥9,459,315.93 after tax effects[6] Return on Equity - The weighted average return on equity decreased to 0.0778%, down 1.4289 percentage points from 1.5068% in the previous year[4]