通源石油(300164) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥258,016,885.76, representing a 13.21% increase compared to ¥227,911,693.64 in the same period last year[4] - Net profit attributable to shareholders decreased by 80.38% to ¥782,659.64 from ¥3,989,084.08 year-on-year[4] - Basic and diluted earnings per share dropped by 80.88% to ¥0.0013 from ¥0.0068 year-on-year[4] - The company’s net profit for the quarter decreased by 75.67%, influenced by seasonal factors and increased operational costs[15] - Net profit for the current period was ¥1,142,240.41, down 75.7% from ¥4,695,595.63 in the previous period[29] Cash Flow - The net cash flow from operating activities fell by 74.10% to ¥5,699,816.44, down from ¥22,007,466.01 in the previous year[4] - Cash received from sales of goods and services was ¥246,119,819.58, compared to ¥241,221,949.57 in the previous period[31] - Operating cash inflow totaled $247,828,345.88, an increase from $242,741,030.06 year-over-year[32] - Cash outflow from investing activities was $13,993,129.71, compared to $31,799,157.38 last year, resulting in a net cash flow of -$13,917,470.96[32] - Cash inflow from financing activities amounted to $10,000,000.00, up from $2,000,000.00 in the previous year[32] - The ending cash and cash equivalents balance was $302,182,895.83, an increase from $293,628,245.98 year-over-year[32] Assets and Liabilities - Total assets decreased by 2.18% to ¥1,927,803,488.97 from ¥1,970,804,930.76 at the end of the previous year[4] - Total current assets decreased from CNY 1,000,397,580.12 to CNY 955,434,655.62, a reduction of approximately 4.5%[24] - The total assets decreased from CNY 1,970,804,930.76 to CNY 1,927,803,488.97, reflecting a decline of about 2.2%[24] - Total liabilities decreased to ¥513,834,749.37 from ¥563,965,161.05, a reduction of 8.9%[26] - Total equity increased slightly to ¥1,413,968,739.60 from ¥1,406,839,769.71, reflecting a growth of 0.8%[26] Operational Costs - Total operating costs increased to ¥258,320,768.33, up from ¥224,509,979.29, reflecting a rise of 15.0%[28] - Operating profit decreased to ¥2,718,360.27 from ¥7,896,549.38, indicating a decline of 65.6%[28] Other Financial Metrics - Other comprehensive income after tax increased to ¥5,990,557.49 from ¥2,372,447.53, a rise of 152.5%[29] - Financial expenses surged by 101.94% to ¥941,881.41, attributed to higher guarantee fees[11] - The company reported a significant increase in research and development expenses to ¥2,100,964.58 from ¥1,940,590.55, an increase of 8.3%[28] Shareholder Information - The total number of common shareholders at the end of the reporting period was 32,729, with the top 10 shareholders holding a combined 13.75% of shares[19] - Zhang Guoan, the largest shareholder, holds 10.41% of shares, with 16,150,000 shares pledged[19] Legal and Regulatory Matters - The company is actively pursuing legal action against former shareholders of a subsidiary for unfulfilled performance commitments, with ongoing arbitration and court proceedings[22] - The company plans to continue monitoring and disclosing the progress of the enforcement actions related to the subsidiary's performance commitments[22] - The company has not yet audited the first quarter report for 2025[33] - The new accounting standards will be implemented starting in 2025, affecting the financial statements[34] Impairment and Receivables - Other receivables increased by 98.59% to ¥3,125,901.78, primarily due to advances made by employees for business operations[12] - Prepayments rose by 82.06% to ¥686,336.03, mainly due to increased advance payments for equipment disposal by subsidiaries[12] - The company reported a 522.47% increase in credit impairment losses, mainly due to increased provisions for long-aged receivables[15] - Accounts receivable decreased from CNY 460,419,161.40 to CNY 451,545,636.63, a decline of about 1.9%[25] - Inventory decreased from CNY 119,664,653.28 to CNY 104,140,173.84, a reduction of approximately 13.0%[25] Exchange Rate Impact - The impact of exchange rate fluctuations on cash and cash equivalents decreased by 185.01% year-on-year, primarily due to foreign currency exchange effects[17] - The impact of exchange rate changes on cash and cash equivalents was -$283,795.76, contrasting with a positive impact of $333,855.19 in the previous period[32]