Ganso(SH:603886)2025-04-25 09:20Financial Performance - The company's operating revenue for Q1 2025 was ¥337,747,509.22, a decrease of 19.77% compared to ¥420,968,671.40 in the same period last year[3]. - The net profit attributable to shareholders was -¥25,016,485.25, compared to -¥8,394,514.37 in the previous year, indicating a significant loss[3]. - The net cash flow from operating activities was -¥1,600,846.96, a decline from -¥12,565,622.77 in the same period last year[3]. - Total operating revenue for Q1 2025 was ¥337,747,509.22, a decrease of 19.7% compared to ¥420,968,671.40 in Q1 2024[18]. - Net profit for Q1 2025 was a loss of ¥25,022,152.72, compared to a loss of ¥8,392,011.51 in Q1 2024, representing a significant increase in losses[19]. - Basic and diluted earnings per share for Q1 2025 were both -¥0.10, compared to -¥0.03 in Q1 2024[20]. - The company reported an investment loss of ¥4,880,355.26 in Q1 2025, worsening from a loss of ¥3,379,495.26 in Q1 2024[19]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,982,874,869.73, down 2.43% from ¥3,057,175,174.76 at the end of the previous year[4]. - Current assets totaled approximately RMB 1.68 billion, down from RMB 1.76 billion, indicating a decrease of around 4.68%[12]. - Total liabilities were approximately RMB 1.35 billion, a reduction from RMB 1.40 billion, representing a decrease of about 3.43%[14]. - The company’s total liabilities and equity decreased from ¥3,057,175,174.76 to ¥2,982,874,869.73, reflecting a decline in financial position[15]. Cash Flow - Cash inflow from operating activities in Q1 2025 was ¥469,845,810.85, a decrease of 14.8% from ¥551,676,129.98 in Q1 2024[23]. - The net cash flow from operating activities was -$1,600,846.96, a significant improvement from -$12,565,622.77 in the previous period[24]. - Total cash outflow from operating activities amounted to $471,446,657.81, down from $564,241,752.75[24]. - The net cash flow from investment activities was -$308,659,805.99, worsening from -$39,946,221.84[24]. - The net increase in cash and cash equivalents was -$350,700,526.11, compared to -$86,971,524.49 in the prior period[25]. - The ending balance of cash and cash equivalents was $185,691,724.74, down from $230,618,928.76[25]. Shareholder Information - The company reported a total of 21,312 common shareholders at the end of the reporting period[8]. - The equity attributable to shareholders decreased by 1.62% to ¥1,629,264,239.53 from ¥1,656,096,193.95[4]. Operational Changes - The company reported a significant decrease in cash and cash equivalents by 65.67% due to investments in financial products[6]. - Accounts receivable decreased by 40.62% as a result of recovering outstanding payments[6]. - Prepayments increased by 217.29% due to advance payments for raw materials for the Dragon Boat Festival[6]. - The company received government subsidies amounting to ¥8,217,062.06, which are closely related to its normal operations[5]. - The company has not disclosed any significant new product developments or market expansion strategies during the reporting period[10]. - The company is not applying new accounting standards starting from 2025[25].