和远气体(002971) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥354,629,813.53, a decrease of 0.68% compared to ¥357,060,149.66 in the same period last year[3] - Net profit attributable to shareholders was ¥25,197,127.47, down 16.47% from ¥30,166,104.08 year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥16,750,288.45, a decline of 33.01% compared to ¥25,004,362.87 in the previous year[3] - Total operating revenue for the current period was $354.63 million, a decrease of 0.12% from $357.06 million in the previous period[23] - Net profit for the current period was $24.65 million, down 18.43% from $30.17 million in the previous period[23] - Total comprehensive income for the period was CNY 24,654,186.39, a decrease of 18.5% from CNY 30,166,947.11 in the previous period[24] - Basic and diluted earnings per share decreased to CNY 0.12 from CNY 0.15 in the previous period, reflecting a decline in profitability[24] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to ¥5,654,253.34, compared to a negative cash flow of ¥35,604,172.60 in the same period last year, representing a 115.88% increase[3] - Cash received from sales of goods and services increased to CNY 296,740,986.22, up 10.5% from CNY 268,506,344.32[26] - The company reported a cash balance of 372,088,724.21 yuan as of March 31, 2025, down from 397,325,472.36 yuan at the beginning of the period[19] - The total cash and cash equivalents at the end of the period was CNY 239,280,585.10, an increase from CNY 161,372,420.90 in the previous period[27] - Cash flow from financing activities resulted in a net outflow of CNY 32,776,379.51, a decrease from a net inflow of CNY 355,155,462.66 in the previous period[27] Assets and Liabilities - Total assets increased by 3.46% to ¥5,921,302,673.98 from ¥5,723,197,074.14 at the end of the previous year[4] - Total liabilities increased to $4.18 billion, up 4.71% from $3.99 billion at the beginning of the period[21] - Accounts receivable increased to $272.48 million, up 22.36% from $222.78 million at the beginning of the period[20] - Inventory rose to $77.05 million, an increase of 5.67% from $73.00 million at the beginning of the period[20] - Short-term borrowings increased to $858.05 million, up 26.83% from $676.60 million at the beginning of the period[21] - The company received CNY 458,000,000.00 in borrowings, an increase from CNY 275,900,000.00 in the previous period, indicating increased leverage[27] Expenses - Management expenses rose by 22.06% to ¥22,763,572.56, primarily due to the recognition of stock-based compensation expenses[10] - Research and development expenses decreased by 48.03% to ¥3,686,868.14, attributed to the completion of certain R&D projects[10] - The company reported a decrease in research and development expenses to $3.69 million, down 47.96% from $7.09 million in the previous period[23] Shareholder Information - The total number of common shareholders at the end of the reporting period is 12,601[14] - The largest shareholder, Yang Tao, holds 20.65% of the shares, amounting to 43,614,700 shares, with 22,429,767 shares pledged[14] Investments and Projects - The company has invested in the Qianjiang Electronic Specialty Gas Industrial Park, which aims to achieve full production of planned products by 2025[17] - The Yichang Electronic Specialty Gas and Functional Materials Industrial Park, established in 2022, has begun production of some products, with a goal of stable production by 2025[18] Taxation - The company received tax refunds of ¥52,876,130.60, a substantial increase of 5649.27% compared to ¥919,701.47 in the same period last year[11] - The company reported a tax payment of CNY 12,147,437.74, slightly down from CNY 12,689,866.75 in the previous period[27]