国林科技(300786) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥114,858,501.16, representing an increase of 18.79% compared to ¥96,693,416.43 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥6,111,382.46, a decrease of 42.53% from a loss of ¥4,287,846.74 in the previous year[5] - Total operating revenue for the current period reached ¥114,858,501.16, an increase of 18.8% compared to ¥96,693,416.43 in the previous period[20] - Net profit for the current period was a loss of ¥6,776,235.30, compared to a loss of ¥5,266,106.74 in the previous period, indicating a worsening of 28.6%[21] - Basic earnings per share were reported at -0.04, compared to -0.02 in the previous period, reflecting a decline in profitability[21] Cash Flow - The net cash flow from operating activities improved significantly to ¥10,751,889.03, a 130.77% increase from a negative cash flow of ¥34,947,371.97 in the same period last year[11] - Cash inflow from operating activities was ¥166,628,541.22, compared to ¥113,417,411.90 in the previous period, showing a significant increase of 47%[22] - The net cash flow from operating activities was 10,751,889.03, a significant improvement compared to -34,947,371.97 from the previous period[23] - The net cash flow from investing activities was -4,918,116.99, an improvement from -10,917,797.70 in the prior period[23] - The net cash flow from financing activities was -9,943,744.20, compared to a positive 29,137,673.58 previously[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,752,598,008.42, a slight decrease of 0.05% from ¥1,753,496,741.59 at the end of the previous year[5] - Total liabilities increased to ¥599,367,629.24 from ¥574,653,606.82, marking a rise of 4.3%[19] - The company’s total equity decreased to ¥1,153,230,379.18 from ¥1,178,843,134.77, a decline of 2.2%[19] - The company’s cash and cash equivalents decreased from RMB 115,886,287.85 to RMB 113,796,923.91, a decline of approximately 1.8%[17] - The total current assets increased from RMB 892,800,836.11 to RMB 905,880,819.15, reflecting a growth of about 1.2%[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 31,269, with no preferred shareholders having restored voting rights[12] - The top 10 shareholders hold a total of 77,000,000 shares, with the largest shareholder, Ding Xiangpeng, owning 23.68% (43,570,280 shares)[12] - The company plans to repurchase shares with an amount not less than RMB 30 million and not exceeding RMB 60 million, at a price not exceeding RMB 15.50 per share, within a period of 3 months[14] - As of March 31, 2025, the company has repurchased a total of 3,721,980 shares, accounting for 2.02% of the total share capital[12] Operational Metrics - The company reported a significant increase in prepayments, which rose by 116.77% to ¥11,535,581.62, attributed to increased advance payments for new contracts[9] - The company experienced a 42.33% decrease in accounts receivable notes, dropping to ¥22,952,959.56 due to the maturity of receivables[9] - The company recorded a substantial increase in other income, which rose by 116.96% to ¥2,297,417.97, mainly due to an increase in value-added tax refunds[10] - Total operating costs increased to ¥118,141,930.29, up from ¥99,960,538.46, reflecting a rise of 18.1%[20] Asset Changes - Inventory increased from RMB 430,153,584.26 to RMB 453,678,885.50, representing an increase of approximately 5.5%[17] - The company’s fixed assets decreased from RMB 632,562,987.84 to RMB 622,828,297.10, a decline of about 1.2%[17] - The company’s investment property value slightly decreased from RMB 45,709,931.40 to RMB 45,033,921.99, a decrease of approximately 1.5%[17] Tax and Regulatory Issues - The company is subject to a temporary anti-dumping tax of 175.8% on products produced by its wholly-owned subsidiary, Xinjiang Guolin New Materials Co., Ltd., effective from March 24, 2025[15] Miscellaneous - The company did not undergo an audit for the first quarter report[24]