世茂能源(605028) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥77,272,501.07, a decrease of 16.14% compared to ¥92,146,736.03 in the same period last year[3] - Net profit attributable to shareholders was ¥33,423,800.59, down 3.42% from ¥34,607,359.55 year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 35.66%, amounting to ¥21,854,626.93 compared to ¥33,967,839.58 in the previous year[3] - The company's operating revenue for Q1 2025 was ¥77,272,501.07, a decrease of 16.1% compared to ¥92,146,736.03 in Q1 2024[19] - The net profit for Q1 2025 was ¥33,423,800.59, down 3.4% from ¥34,607,359.55 in Q1 2024[19] - The basic and diluted earnings per share for Q1 2025 were both ¥0.21, compared to ¥0.22 in Q1 2024[20] Cash Flow and Assets - The net cash flow from operating activities increased by 20.65%, reaching ¥33,598,942.86, up from ¥27,847,274.79 in the same period last year[3] - The operating cash flow net amount for Q1 2025 was ¥33,598,942.86, an increase of 20.0% compared to ¥27,847,274.79 in Q1 2024[22] - Cash and cash equivalents dropped significantly from CNY 165,162,517.41 to CNY 95,262,070.78, a decline of approximately 42.25%[13] - The company experienced a cash decrease of ¥76,854,771.63 in Q1 2025, contrasting with an increase of ¥3,243,224.32 in Q1 2024[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,474,812,995.28, a decrease of 6.10% from ¥1,570,542,003.81 at the end of the previous year[4] - The company's current assets decreased to CNY 578,681,418.96 from CNY 669,779,879.46, representing a reduction of about 13.61%[15] - The total liabilities decreased to ¥162,109,725.43 in Q1 2025 from ¥195,262,534.55 in Q1 2024, reflecting a reduction of 17.0%[16] - The total equity decreased to ¥1,312,703,269.85 in Q1 2025 from ¥1,375,279,469.26 in Q1 2024, a decline of 4.5%[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 13,085[8] - The largest shareholder, Ningbo Shimao Investment Holding Co., Ltd., holds 60.00% of the shares, totaling 96,000,000 shares[9] - The company has a significant shareholder structure, with six natural persons controlling 75.00% of the shares, indicating a concentrated ownership[11] - There were no changes reported in the participation of major shareholders in margin trading or securities lending activities[12] Non-Recurring Gains and Expenses - The company recognized non-recurring gains of ¥11,569,173.66, primarily from government subsidies and investment income[6] - The company's research and development expenses for Q1 2025 were ¥2,486,072.44, down 22.1% from ¥3,233,875.69 in Q1 2024[19] - The financial expenses for Q1 2025 showed a significant improvement, with a net income of -¥256,623.22 compared to -¥2,064,173.69 in Q1 2024[19] Operational Challenges - The decrease in operating revenue was attributed to a decline in heat sales volume and selling price[7] - The company's fixed assets decreased from CNY 744,138,937.16 to CNY 726,666,881.59, a decline of approximately 2.34%[15] - The non-current assets slightly decreased from CNY 900,762,124.35 to CNY 896,131,576.32, a reduction of about 0.74%[15] - The total liabilities increased, with accounts payable rising from CNY 91,419,882.25 to CNY 60,219,678.52, indicating a significant change in the company's short-term obligations[15] - The company reported a notable increase in prepayments from CNY 1,276,811.63 to CNY 5,146,486.70, reflecting a growth of approximately 303.36%[15]