Financial Performance - The company's revenue for Q1 2025 was ¥295,271,024.99, representing a 28.54% increase compared to ¥229,705,391.58 in the same period last year[5]. - The net loss attributable to shareholders decreased by 9.72% to ¥-28,954,967.04 from ¥-32,071,670.93 year-on-year[5]. - The net profit excluding non-recurring items improved by 10.20%, amounting to ¥-29,990,803.71 compared to ¥-33,396,511.35 in the previous year[5]. - Basic and diluted earnings per share increased by 10.00% to ¥-0.27 from ¥-0.30 year-on-year[5]. - Net profit for the current period was -¥28,035,877.68, an improvement from -¥32,071,670.93 in the previous period, indicating a reduction in losses[20]. - Basic and diluted earnings per share were both -¥0.27, compared to -¥0.30 in the previous period[21]. Cash Flow and Assets - Cash flow from operating activities showed a decline of 28.30%, totaling ¥-192,510,065.52 compared to ¥-150,043,637.68 in the same period last year[5]. - Cash flow from operating activities showed a net outflow of -¥192,510,065.52, worsening from -¥150,043,637.68 in the previous period[22]. - Cash flow from investing activities resulted in a net outflow of -¥20,495,165.43, compared to -¥61,453,823.42 in the previous period, indicating reduced investment losses[23]. - Cash flow from financing activities recorded a net outflow of -¥2,081,893.05, a significant decrease from a net inflow of ¥165,475,678.21 in the previous period[23]. - The ending cash and cash equivalents balance was ¥730,221,634.91, up from ¥126,526,729.46 in the previous period[23]. - The company's cash and cash equivalents decreased from approximately 1.05 billion RMB to about 821.24 million RMB, reflecting a decline of around 21.6%[15][17]. - As of March 31, 2025, the company's total assets amounted to approximately 3.96 billion RMB, a decrease from 4.23 billion RMB at the beginning of the period[15][17]. - Total assets decreased by 6.37% to ¥3,957,324,709.16 from ¥4,226,342,757.17 at the end of the previous year[5]. Shareholder Equity and Liabilities - Shareholder equity attributable to the parent company decreased by 2.28% to ¥1,757,654,235.78 from ¥1,798,630,395.33 at the end of the previous year[5]. - Total current liabilities decreased from approximately 1.49 billion RMB to about 1.23 billion RMB, a decline of around 17.8%[16][17]. - The company's total equity decreased from approximately 1.80 billion RMB to about 1.78 billion RMB, a reduction of about 0.8%[17]. Orders and Operational Efficiency - The company reported an increase in orders due to the growth of sales and technical support personnel, indicating a positive trend in order backlog and new orders[8]. - The company is implementing comprehensive budgeting, process reforms, and personnel qualification assessments to enhance efficiency and reduce costs[8]. Research and Development - Research and development expenses increased to ¥21,405,242.23, up from ¥16,462,194.83 in the previous period, reflecting a focus on innovation[19]. Convertible Bonds - The company issued 7.5 million convertible bonds with a total value of 750 million RMB, set to be traded on the Shenzhen Stock Exchange starting January 9, 2025[12][13]. - The company plans to prioritize the issuance of convertible bonds to existing shareholders before offering any remaining bonds to the public[12].
华康洁净(301235) - 2025 Q1 - 季度财报