ZZNode(003007)2025-04-24 15:05Financial Performance - The company's revenue for Q1 2025 was ¥35,990,209.74, a decrease of 34.72% compared to ¥55,132,682.88 in the same period last year[5] - The net loss attributable to shareholders was ¥29,397,601.75, representing a 103.22% increase in losses from ¥14,465,701.59 in the previous year[5] - Basic and diluted earnings per share were both -¥0.29, reflecting a 107.14% increase in losses from -¥0.14 in the previous year[5] - Total operating revenue decreased to ¥35,990,209.74 from ¥55,132,682.88, representing a decline of approximately 34.7% year-over-year[17] - Net loss attributable to the parent company was ¥29,397,601.75, compared to a loss of ¥14,465,701.59 in the previous period, indicating a worsening of approximately 103.5%[18] - The company reported a total comprehensive loss of ¥30,352,197.65, compared to a loss of ¥15,826,659.43 in the previous period, indicating an increase of approximately 92.5%[19] Cash Flow and Liquidity - The net cash flow from operating activities was -¥25,894,995.86, a decline of 149.73% compared to -¥10,369,350.18 in the same period last year[5] - Cash inflows from operating activities totaled ¥82,487,664.17, down from ¥122,044,215.27, a decrease of approximately 32.4% year-over-year[20] - Net cash flow from investment activities was $2,532,068.12, a significant improvement from a negative cash flow of -$97,564,148.39 in the previous period[21] - Total cash inflow from financing activities amounted to $23,716,004.08, while cash outflow was $2,360,314.98, resulting in a net cash flow of $21,355,689.10[21] - The ending balance of cash and cash equivalents was $205,653,529.39, compared to $75,128,242.74 in the previous period[21] - The company reported a decrease in cash and cash equivalents of $1,963,281.83, compared to a larger decrease of $110,763,128.77 in the previous period[21] Assets and Liabilities - Total assets decreased by 3.24% to ¥1,021,275,657.26 from ¥1,055,502,883.78 at the end of the previous year[5] - The company's total liabilities increased significantly, with short-term borrowings rising by 190.62% to ¥34,457,848.49 from ¥11,856,644.41[9] - Total liabilities decreased slightly to ¥161,549,543.33 from ¥165,424,572.22, a reduction of approximately 2.4%[16] - Total equity attributable to shareholders decreased to ¥863,890,745.80 from ¥893,339,354.97, a decline of about 3.3%[16] Inventory and Expenses - Inventory increased by 36.25% to ¥41,770,087.23, attributed to costs incurred in executing contracts[9] - Management expenses increased by 32.30% to ¥13,211,396.15, primarily due to increased severance payments[9] - Research and development expenses were ¥30,584,046.29, down from ¥38,092,766.79, a decrease of about 19.6% year-over-year[17] Shareholder Information - Total number of common shareholders at the end of the reporting period is 14,954[12] - The top three shareholders hold the following percentages: Wang Feixue 23.95%, Jin Jianlin 21.90%, and Yuan Jun 15.57%[12] Other Information - The company did not report any new product launches or significant market expansion strategies during this quarter[5] - The company has not reported any changes in the participation of major shareholders in margin trading or securities lending[13] - There are no new strategies or significant developments reported in the conference call[13] - The company did not undergo an audit for the first quarter report[22]