Sunasia(SH:600593)2025-04-24 14:05Financial Performance - The company's operating revenue for Q1 2025 was ¥84,316,729.67, a decrease of 7.88% compared to ¥91,527,276.48 in the same period last year[4]. - The net profit attributable to shareholders was -¥8,145,669.71, representing a decline of 738.54% from a profit of ¥1,275,665.27 in the previous year[4]. - Basic and diluted earnings per share were both -¥0.0632, a decrease of 738.38% from ¥0.0099 in the same period last year[4]. - The decline in net profit was mainly attributed to a decrease in visitor traffic at scenic spots and a slight increase in operating costs[8]. - Net profit for Q1 2025 was a loss of ¥2,165,319.29, compared to a profit of ¥13,483,312.59 in Q1 2024, representing a significant decline[21]. - The net profit for Q1 2025 was a loss of ¥4,853,051.04, compared to a loss of ¥4,590,756.73 in Q1 2024, indicating a worsening of 5.7%[33]. Cash Flow and Liquidity - The net cash flow from operating activities decreased by 74.34%, amounting to ¥9,910,776.55 compared to ¥38,618,890.65 in the prior year[4]. - Operating cash flow for Q1 2025 was ¥9,910,776.55, down 74.3% from ¥38,618,890.65 in Q1 2024[24]. - Cash and cash equivalents at the end of Q1 2025 were ¥62,970,133.83, a decrease from ¥140,302,377.90 at the end of Q1 2024[25]. - The company's cash and cash equivalents were reported at RMB 65,448,793.71, significantly lower than RMB 117,815,059.88, marking a decline of around 44.5%[15]. - The company incurred financial expenses of ¥12,281,309.34 in Q1 2025, which is a substantial increase from ¥7,213,354.23 in Q1 2024[20]. - Cash inflow from financing activities in Q1 2025 was ¥228,133,414.56, a significant increase from ¥22,185,428.69 in Q1 2024[25]. - The company reported a net cash outflow from investing activities of ¥9,036,533.05 in Q1 2025, compared to a net outflow of ¥12,808,383.75 in Q1 2024[25]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,906,580,513.25, down 8.46% from ¥2,082,707,632.75 at the end of the previous year[5]. - The company's current assets totaled RMB 105,113,289.58, down from RMB 154,688,562.67, indicating a decrease of about 32.0%[16]. - The total liabilities decreased to RMB 1,632,052,607.80 from RMB 1,785,980,502.80, representing a reduction of approximately 8.6%[17]. - The total equity attributable to shareholders decreased to RMB 140,406,973.68 from RMB 148,552,643.39, a decline of about 5.7%[18]. - The total assets amounted to ¥1,102,681,115.82, up from ¥1,084,767,765.05 in the previous period, reflecting a growth of 1.1%[29]. - The total liabilities increased to ¥915,202,914.70 from ¥892,436,512.89, marking a rise of 2.9%[29]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 37,010[10]. - The largest shareholder, Dalian Xinghaiwan Financial Business District, holds 24.03% of the shares, amounting to 30,945,600 shares[11]. Investments and Financial Activities - The company reported an investment loss of ¥556,592.13 from joint ventures in Q1 2025[21]. - The company's short-term borrowings increased to RMB 94,133,338.32 from RMB 77,614,543.84, reflecting an increase of approximately 21.2%[17]. - The company's short-term borrowings rose to ¥56,102,188.89 from ¥37,570,926.52, an increase of 49.2%[29]. - Cash inflow from financing activities totaled $20,000,000[36]. - Cash outflow from financing activities amounted to $1,131,205.34[36]. - Net cash flow from financing activities was $18,868,794.66[36]. - The net increase in cash and cash equivalents was -$383,472.73[36]. - The ending balance of cash and cash equivalents was $74,034.54[36]. - The beginning balance of cash and cash equivalents was $457,507.27[36]. - The cash outflow related to other financing activities was $658,493.00[36]. - Dividend and interest payments totaled $631,205.34[36]. Management and Accounting - The company is led by Yang Ziping, with accounting responsibilities held by Chu Xiaobin[36]. - The company will not apply new accounting standards starting from 2025[36].