西上海(605151) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥370,811,869.64, representing a 40.61% increase compared to ¥263,707,684.22 in the same period last year[5] - The net profit attributable to shareholders of the listed company was -¥7,661,121.95, a decrease of 131.55% from ¥24,283,376.93 in the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥9,278,588.44, down 151.08% from ¥18,163,169.53 year-on-year[5] - The basic and diluted earnings per share were both -¥0.06, a decline of 133.33% compared to ¥0.18 in the same period last year[5] - The decline in net profit was mainly due to intensified competition and a decrease in gross profit margins within the industry[5] - Total operating revenue for Q1 2025 reached ¥370,811,869.64, a significant increase of 40.7% compared to ¥263,707,684.22 in Q1 2024[17] - Net profit for Q1 2025 was -¥2,378,359.02, a decline from a net profit of ¥27,272,498.36 in Q1 2024[18] - The company reported a basic and diluted earnings per share of -¥0.06 for Q1 2025, compared to ¥0.18 in Q1 2024[19] Cash Flow - The net cash flow from operating activities was -¥24,334,520.14, compared to -¥29,165,498.01 in the same period last year, indicating an improvement[5] - Cash inflow from operating activities in Q1 2025 was ¥443,817,226.21, an increase from ¥313,750,323.11 in Q1 2024[20] - Cash outflow from operating activities for Q1 2025 totaled ¥468,151,746.35, compared to ¥342,915,821.12 in Q1 2024[20] - The net cash flow from investment activities was -$18.23 million, compared to -$75.50 million in the prior period, indicating a significant reduction in losses[21] - The total net decrease in cash and cash equivalents was -$58.40 million, compared to -$109.54 million in the previous period[21] - The ending balance of cash and cash equivalents was $228.92 million, up from $117.66 million year-over-year[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,933,663,806.62, an increase of 2.04% from ¥2,875,043,916.50 at the end of the previous year[6] - Current assets totaled RMB 2,071,865,165.84, slightly up from RMB 2,040,119,989.97, indicating an increase of about 1.63%[14] - Total liabilities reached RMB 1,440,730,542.53, up from RMB 1,378,419,195.32, reflecting an increase of about 4.51%[15] - The company's equity attributable to shareholders decreased slightly to RMB 1,354,891,819.48 from RMB 1,357,515,492.81, a decline of about 0.12%[15] - The company’s total equity was ¥1,492,933,264.09 at the end of Q1 2025, slightly down from ¥1,496,624,721.18 at the end of Q1 2024[16] Operational Highlights - The increase in operating revenue was attributed to the inclusion of revenue from a newly consolidated subsidiary acquired in April of the previous year[5] - The company reported non-recurring gains of ¥1,617,466.49, primarily from government subsidies and investment income[8] - Research and development expenses for Q1 2025 were ¥16,620,570.16, up 29.0% from ¥12,879,388.37 in Q1 2024[17] - The company recorded a credit impairment loss of ¥2,412,664.97 in Q1 2025, compared to a gain of -¥794,624.63 in Q1 2024[18] - The company reported a significant increase in prepayments, which rose to RMB 25,315,209.01 from RMB 9,893,381.66, reflecting a growth of approximately 156.86%[13] Shareholder Information - The company has a total of 10 major shareholders, with the largest shareholder holding 25,142,590 shares, representing 18.59% of total shares[11] Future Outlook - The company plans to implement new accounting standards starting in 2025, which may affect financial reporting[21]