Financial Performance - The company's operating revenue for Q1 2025 was CNY 918,944,729.33, representing a 20.10% increase compared to CNY 765,178,590.05 in the same period last year[4] - The net profit attributable to shareholders decreased by 1.62% to CNY 21,132,304.84 from CNY 21,480,044.99 year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 11.31% to CNY 18,803,105.37 compared to CNY 21,200,789.47 in the previous year[4] - Basic earnings per share decreased by 21.43% to CNY 0.11 from CNY 0.14 year-on-year[4] - Total operating revenue for Q1 2025 reached ¥918,944,729.33, a 20.1% increase from ¥765,178,590.05 in Q1 2024[18] - Net profit for Q1 2025 was ¥24,777,256.24, representing an increase of 17.5% compared to ¥21,158,981.69 in Q1 2024[19] - The company’s total profit for Q1 2025 was ¥29,069,352.91, an increase from ¥22,876,843.97 in Q1 2024[18] Cash Flow and Liquidity - The net cash flow from operating activities was CNY 47,031,094.46, a significant improvement from a negative cash flow of CNY -54,175,928.95 in the same period last year[4] - The net cash flow from operating activities for Q1 2025 was ¥47,031,094.46, a significant improvement from a net outflow of ¥54,175,928.95 in Q1 2024[21] - Cash and cash equivalents at the end of Q1 2025 totaled ¥528,458,360.21, compared to ¥207,674,206.14 at the end of Q1 2024[23] - The company's cash and cash equivalents increased to RMB 579,235,360.21 from RMB 459,406,948.56, reflecting a rise of about 26%[12] - The company reported a significant increase in sales cash receipts, totaling ¥1,009,793,473.31 in Q1 2025, compared to ¥692,213,145.03 in Q1 2024[21] - The company’s financing activities generated a net cash flow of ¥48,949,087.77 in Q1 2025, compared to ¥177,365,149.78 in Q1 2024[23] Assets and Liabilities - Total assets increased by 5.35% to CNY 2,536,580,493.78 from CNY 2,407,832,304.35 at the end of the previous year[5] - As of March 31, 2025, the total current assets of the company amounted to RMB 1,208,087,817.57, an increase from RMB 1,067,343,361.19 on December 31, 2024, representing a growth of approximately 13.2%[12] - Accounts receivable decreased to RMB 9,472,014.46 from RMB 14,145,639.65, indicating a decline of approximately 33.5%[12] - Inventory decreased to RMB 390,666,841.69 from RMB 458,287,872.50, showing a reduction of around 14.7%[13] - Total liabilities increased to RMB 974,945,696.82 from RMB 874,158,554.63, marking an increase of about 11.5%[14] - The company's total assets reached RMB 2,536,580,493.78, up from RMB 2,407,832,304.35, which is an increase of approximately 5.3%[13] - The total equity attributable to shareholders rose to RMB 1,405,550,372.59 from RMB 1,381,666,173.68, reflecting an increase of about 1.7%[14] - The company's short-term borrowings increased to RMB 170,214,944.45 from RMB 120,102,166.67, representing a growth of approximately 41.8%[13] - The company reported a decrease in accounts payable to RMB 186,972,829.62 from RMB 234,563,128.30, which is a decline of about 20.3%[13] Research and Development - The company incurred research and development expenses of ¥17,713,900.53 in Q1 2025, up from ¥14,417,947.68 in Q1 2024, indicating a focus on innovation[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 34,890[10] - The company's retained earnings increased to RMB 753,108,695.25 from RMB 731,976,390.41, indicating a growth of approximately 2.8%[14] Non-Recurring Gains - The company reported non-recurring gains of CNY 2,329,199.47, primarily from government subsidies and other non-operating income[8] - The increase in operating revenue was mainly due to higher sales volume of compound fertilizers compared to the previous year[8]
红四方(603395) - 2025 Q1 - 季度财报