煜邦电力(688597) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 137,156,077.29, representing a 43.81% increase compared to CNY 95,369,857.56 in the same period last year[4] - The net profit attributable to shareholders was CNY 5,378,460.56, a turnaround from a loss of CNY 7,900,133.88 in the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 3,625,846.31, improving from a loss of CNY 8,819,270.16 year-on-year[4] - The basic earnings per share increased to CNY 0.02 from a loss of CNY 0.03 in the same period last year[4] - Operating profit for Q1 2025 was ¥3,691,765.18, a significant recovery from a loss of ¥11,573,672.12 in Q1 2024[17] - Net profit for Q1 2025 was ¥4,292,511.13, compared to a net loss of ¥8,547,128.65 in the same period last year[17] - The company achieved a gross profit margin of approximately 0.32% in Q1 2025, compared to a negative margin in Q1 2024[16] - The company reported a total comprehensive income of -¥919,734.78 for Q1 2025, a decline from ¥6,695,086.96 in Q1 2024[17] Research and Development - Research and development expenses totaled CNY 14,354,973.90, accounting for 10.47% of operating revenue, down from 14.92% in the previous year[5] - Research and development expenses for Q1 2025 were ¥14,354,973.90, slightly up from ¥14,225,856.01 in Q1 2024[16] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,836,439,983.71, a slight decrease of 0.14% from CNY 1,838,930,436.76 at the end of the previous year[5] - As of March 31, 2025, the company's total assets amounted to RMB 1,836,439,983.71, a slight decrease from RMB 1,838,930,436.76 as of December 31, 2024[13][15] - The company's cash and cash equivalents decreased to RMB 319,741,662.13 from RMB 504,336,948.50, representing a decline of approximately 36.5%[13] - The total current liabilities stood at RMB 525,192,015.40, a marginal decrease from RMB 528,601,336.70 in the previous period[15] - The company's total equity attributable to shareholders increased to RMB 865,546,814.06 from RMB 864,675,006.63, reflecting a growth of about 0.1%[15] - The company's long-term liabilities totaled RMB 439,811,643.55, a slight increase from RMB 438,678,633.31[15] - The company's short-term borrowings were recorded at RMB 15,000,000.00, which was not present in the previous period[15] - The accounts receivable increased slightly to RMB 319,282,145.72 from RMB 313,109,987.20, indicating a growth of approximately 2.1%[13] - The inventory increased to RMB 136,156,939.67 from RMB 111,766,596.08, marking a rise of about 22%[13] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,375[9] - The company repurchased 24,706,195 shares, accounting for 10% of the total share capital during the period from February to March 2024[10] Cash Flow - The company reported a cash flow from operating activities net outflow of ¥18,841,149.19 in Q1 2025, worsening from an outflow of ¥15,699,467.89 in Q1 2024[18] - Cash flow from investing activities showed a net outflow of ¥179,549,195.99 in Q1 2025, compared to a net outflow of ¥390,698,407.71 in Q1 2024[19] - The company’s cash and cash equivalents at the end of Q1 2025 were ¥301,247,468.32, down from ¥428,496,322.47 at the end of Q1 2024[19] Growth and Strategy - The company benefited from significant growth in orders from the State Grid and Southern Power Grid, contributing to the increase in revenue[7] - The company plans to continue focusing on the development of smart power products, which have seen an increase in revenue share and gross margin[7] Return on Assets - The weighted average return on net assets increased to 0.54%, up from -0.80% in the previous year, reflecting a 1.34 percentage point improvement[4] Other Comprehensive Income - The company reported a decrease in other comprehensive income from RMB 16,194,043.91 to RMB 10,981,798.00, a decline of approximately 32.4%[15]