Revenue and Profit - The company's revenue for Q1 2025 was ¥333,900,746.03, representing a 9.36% increase compared to ¥305,326,900.50 in the same period last year[5] - Net profit attributable to shareholders decreased by 13.25% to ¥9,303,715.33 from ¥10,725,123.74 year-on-year[5] - The company reported a basic earnings per share of ¥0.13, down 13.33% from ¥0.15 in the same period last year[5] - Net profit for Q1 2025 was ¥9,401,586.49, a decrease of 12.0% from ¥10,682,863.83 in Q1 2024[24] Cash Flow - The net cash flow from operating activities improved significantly, with a net outflow of ¥4,374,824.65, a 89.00% reduction from a net outflow of ¥39,785,512.95 in the previous year[5] - Operating cash flow for Q1 2025 showed a net outflow of ¥4,374,824.65, an improvement from a net outflow of ¥39,785,512.95 in Q1 2024[26] - Cash inflow from operating activities totaled ¥398,029,683.26 in Q1 2025, compared to ¥368,777,666.58 in Q1 2024[26] - Investment activities resulted in a net cash outflow of ¥63,251,087.24 in Q1 2025, worsening from a net outflow of ¥30,728,961.47 in Q1 2024[26] - Net cash flow from financing activities was $42,017,527.52, a decrease of 45.6% compared to $77,313,743.13 in the previous period[28] - The net increase in cash and cash equivalents was negative at -$24,437,586.91, contrasting with a positive increase of $7,553,364.92 in the previous period[28] Assets and Liabilities - Total assets at the end of Q1 2025 were ¥1,847,499,013.84, a slight decrease of 0.44% from ¥1,855,626,571.30 at the end of the previous year[5] - The company’s total assets amount to 1,847,499,013.84 RMB, a slight decrease from 1,855,626,571.30 RMB at the beginning of the period[19] - Current assets decreased from 881,149,708.66 RMB to 831,805,457.55 RMB, primarily due to a reduction in cash and cash equivalents[18] - The total liabilities decreased to ¥956,803,612.96 in Q1 2025 from ¥984,332,756.91 in Q1 2024[20] - The company’s total liabilities decreased by 53.71% in tax payables, amounting to ¥8,347,950.07, down from ¥18,032,781.40[9] Expenses and Investments - Research and development expenses increased by 65.29% to ¥7,367,051.92, reflecting the company's commitment to enhancing its R&D efforts[10] - Research and development expenses increased to ¥7,367,051.92 in Q1 2025, up 65.5% from ¥4,457,098.05 in Q1 2024[23] - Total operating costs for Q1 2025 were ¥327,184,506.52, up 11.2% from ¥294,311,129.69 in Q1 2024[23] - Non-current assets increased from 974,476,862.64 RMB to 1,015,693,556.29 RMB, driven by investments in fixed assets and intangible assets[19] Shareholder Information - Total number of common shareholders at the end of the reporting period is 6,823[15] - Zhejiang Tianjun Investment Co., Ltd. holds 32.81% of shares, with 23,619,654 shares pledged totaling 10,530,000 shares[15] Other Financial Information - The weighted average return on equity decreased to 1.07% from 1.23% year-on-year[5] - The company completed capital increases for three wholly-owned subsidiaries, reducing its ownership from 100% to 60%[17] - The company has introduced new external shareholders to enhance production technology and carbon line transformation in its subsidiaries[17] - The company did not have an audited first-quarter report for 2025[29] - The financial statements for the first year of implementing new accounting standards will be adjusted accordingly[29]
双枪科技(001211) - 2025 Q1 - 季度财报