惠云钛业(300891) - 2025 Q1 - 季度财报

Revenue and Profit - Revenue for Q1 2025 reached ¥481,734,744.75, an increase of 19.29% compared to ¥403,835,785.46 in the same period last year[5] - Net profit attributable to shareholders decreased by 7.16% to ¥10,256,415.31 from ¥11,046,817.44 year-on-year[5] - Basic earnings per share fell by 6.52% to ¥0.0258 from ¥0.0276 in the previous year[5] - Total revenue for the current period reached ¥481,734,744.75, an increase of 19.3% compared to ¥403,835,785.46 in the previous period[22] - Net profit for the current period was ¥10,256,415.31, a decrease of 7.1% from ¥11,043,269.05 in the previous period[23] Assets and Liabilities - Total assets increased by 5.93% to ¥2,950,539,536.06 from ¥2,785,312,506.21 at the end of the previous year[5] - Total liabilities increased to ¥1,591,958,396.80, up from ¥1,438,389,992.42, marking an increase of 10.6%[21] - The company's equity attributable to shareholders reached ¥1,358,581,139.26, an increase of 0.9% from ¥1,346,922,513.79 in the previous period[21] Cash Flow - The company reported a net cash flow from operating activities of -¥47,841,785.75, an improvement of 6.58% from -¥51,209,602.80 in the previous year[5] - Cash flow from financing activities increased by 175.73% to ¥87,503,152.66, attributed to higher short-term borrowing[12] - Operating cash inflow for the current period was $300,245,310.36, an increase from $276,658,397.18 in the previous period, representing an 8.5% growth[26] - Cash inflow from financing activities increased to $227,334,180.85 from $129,597,290.44, marking a 75.5% increase[27] - Net cash flow from financing activities was $87,503,152.66, up from $31,734,969.72 in the previous period, indicating a significant improvement[27] Accounts Receivable and Inventory - Accounts receivable rose significantly by 77.87% to ¥142,314,670.67 due to a higher amount of receivables not yet due[10] - Accounts receivable increased significantly to ¥142,314,670.67 from ¥80,011,798.59, representing a growth of approximately 77.73%[19] - Inventory rose to ¥415,729,744.10 from ¥385,299,991.16, indicating an increase of about 7.83%[19] Financial Expenses - Financial expenses surged by 285.08% to ¥6,171,127.23, primarily due to increased interest expenses from bond issuance[11] - The company reported a financial expense of ¥6,171,127.23, significantly higher than ¥1,602,571.71 in the previous period, indicating increased borrowing costs[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 23,704[13] - The company reported a total of 2,641,684 shares held in the repurchase account, accounting for 0.66% of total shares[15] - Major shareholders include American Wanbang Limited with 69,892,122 shares, representing a significant portion of the company's equity[15] Research and Development - Research and development expenses increased to ¥13,942,771.62, representing a rise of 29.5% from ¥10,750,166.89 in the previous period[22] Other Financial Metrics - Deferred tax assets amounted to ¥17,366,887.67, a slight decrease from ¥18,175,070.67 in the previous period[21] - The company's cash and cash equivalents decreased to ¥175,071,236.41 from ¥177,993,468.38, reflecting a decline of approximately 1.08%[19] - Cash outflow from investment activities was $44,727,302.72, down from $75,077,232.83, reflecting a 40.5% reduction[27] - The company did not receive any cash from investment activities in the current period, compared to $5,003,589.82 in the previous period[27] - The impact of exchange rate changes on cash and cash equivalents was $1,998,224.40, compared to $456,893.21 in the previous period, showing a notable increase[27] Future Outlook - The company is undergoing a reassessment for high-tech enterprise status, which may impact future funding and growth opportunities[17] - The company has not made any downward adjustments to the conversion price of its convertible bonds, indicating stability in its financial instruments[17]