Financial Performance - The company's revenue for Q1 2025 was ¥139,964,463.50, a decrease of 16.96% compared to ¥168,557,585.89 in the same period last year[5] - Net profit attributable to shareholders was ¥7,522,679.85, down 73.82% from ¥28,738,001.79 year-on-year[5] - Basic and diluted earnings per share decreased by 80.77% to ¥0.05 from ¥0.26 in the same period last year[5] - Net profit for the period was ¥7,206,198.31, down from ¥28,738,001.79, indicating a decline of approximately 75% year-over-year[22] - The company reported a total comprehensive income of ¥3,491,846.44, down from ¥28,738,001.79, indicating a significant decrease[23] Cash Flow - The net cash flow from operating activities was -¥19,381,344.29, representing an 11.82% decline compared to -¥17,332,334.43 in the previous year[5] - Cash inflow from operating activities rose to ¥128,262,586.13 from ¥117,569,960.89, an increase of approximately 9% year-over-year[25] - The net cash flow from operating activities was -$19,381,344.29, compared to -$17,332,334.43 in the previous period, indicating a decline in operational cash generation[26] - The total cash and cash equivalents at the end of the period stood at $49,689,943.99, down from $751,705,190.21, showing a significant reduction in liquidity[26] - The net cash flow from investment activities was -$54,831,577.28, worsening from -$22,863,455.66 previously, suggesting higher cash outflows for investments[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,446,242,773.26, a slight decrease of 0.80% from ¥2,465,890,211.24 at the end of the previous year[5] - Total current assets decreased from CNY 1,206,619,576.04 to CNY 1,149,575,141.32, a decline of approximately 4.7%[18] - Total liabilities decreased to ¥401,757,911.47 from ¥430,024,752.85, a reduction of about 6.6% year-over-year[20] - Total current liabilities decreased from CNY 323,999,096.98 to CNY 295,859,604.58, a reduction of about 8.7%[19] Expenses - Management expenses rose by 45.40% to ¥14,855,411.93, primarily due to the establishment of a subsidiary in August 2024 and increased salaries[8] - Research and development expenses increased to ¥14,938,672.96 from ¥12,147,897.14, reflecting a growth of about 23% year-over-year[22] - Cash paid to employees was $45,830,038.05, an increase from $39,886,441.10, reflecting higher personnel costs[26] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,093, with the largest shareholder holding 50.14% of the shares[10] - The company reported a total of 3,522,710 shares held by Changzhou Ruijin Venture Capital Partnership (Limited Partnership), representing 2.39% of total shares[11] - The company has a total of 73,875,000 restricted shares held by Yang Xuexin, with a release date set for April 8, 2027[14] Investment Income - The company reported a significant increase in investment income, rising 1575.79% to ¥1,168,009.64 from a loss of ¥79,144.84 in the previous year[8] - Total cash inflow from investment activities was $299,025,602.34, significantly higher than $75,701,416.25 in the prior period, reflecting increased investment recovery[26] Taxation - The company experienced a 42.72% increase in taxes and surcharges, totaling ¥1,471,187.71 compared to ¥1,030,796.17 last year[8] - Cash paid for taxes was $5,760,585.07, down from $8,023,078.98, indicating a decrease in tax liabilities[26] Current Assets and Liabilities - Accounts receivable increased from CNY 136,613,322.25 to CNY 151,253,775.19, an increase of approximately 10.7%[18] - Inventory increased from CNY 118,438,089.00 to CNY 137,039,631.92, reflecting a growth of about 15.7%[18] - Accounts payable increased from CNY 96,024,608.87 to CNY 110,739,375.96, an increase of approximately 15.3%[19]
中瑞股份(301587) - 2025 Q1 - 季度财报