Bondex(SH:603836)2025-04-25 09:35Financial Performance - The company's operating revenue for Q1 2025 was CNY 2,102,445,762.90, representing a year-on-year increase of 6.83% compared to CNY 1,968,062,720.11 in the same period last year[4]. - The net profit attributable to shareholders of the listed company was a loss of CNY 9,538,484.34, a decrease of 130.67% from a profit of CNY 31,102,078.64 in the previous year[4]. - Basic and diluted earnings per share were both CNY -0.05, down 133.33% from CNY 0.15 in the previous year[4]. - Total operating revenue for Q1 2025 reached ¥2,102,445,762.90, an increase of 6.8% compared to ¥1,968,062,720.11 in Q1 2024[16]. - Net profit for Q1 2025 was -¥8,806,473.92, a significant decline from a net profit of ¥31,111,009.42 in Q1 2024[17]. - The company reported a basic and diluted earnings per share of -¥0.05 for Q1 2025, compared to ¥0.15 in Q1 2024[18]. Cash Flow - The net cash flow from operating activities improved significantly to CNY 65,318,775.54, a turnaround of 181.26% from a negative cash flow of CNY -80,384,334.78 in the same period last year[4]. - Cash inflow from operating activities in Q1 2025 was ¥2,371,615,837.86, an increase from ¥1,855,549,179.98 in Q1 2024[18]. - The net cash flow from operating activities was $65,318,775.54, a significant improvement compared to a net outflow of $80,384,334.78 in the previous period[19]. - Total cash outflow from operating activities amounted to $2,306,297,062.32, up from $1,935,933,514.76[19]. - The net increase in cash and cash equivalents was -$38,358,894.14, contrasting with an increase of $119,969,574.65 in the prior period[19]. - The ending balance of cash and cash equivalents was $1,194,722,548.33, down from $1,250,061,039.36[19]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,766,509,758.80, a decrease of 2.59% from CNY 3,866,833,795.11 at the end of the previous year[5]. - The company's current assets totaled CNY 3,125,007,354.80, down from CNY 3,200,466,543.16, indicating a decrease of about 2.4%[12][13]. - The company's total liabilities were CNY 1,938,842,407.71, down from CNY 2,019,439,766.34, representing a decrease of approximately 4.0%[14]. - The total equity of the company stood at CNY 1,827,667,351.09, reflecting a decrease from CNY 1,847,394,028.77, which is a decline of about 1.1%[14]. - The total assets and equity decreased from ¥3,866,833,795.11 in the previous period to ¥3,766,509,758.80 in the current period[15]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,644[9]. - The company reported a total of 3,309,400 shares held in the repurchase special account, accounting for 1.61% of the total share capital[11]. Market and Operational Insights - The company experienced a significant decline in net profit due to fluctuations in market demand affecting its international air freight business, which led to pre-allocated capacity not being utilized as expected[7]. - Research and development expenses for Q1 2025 were ¥676,062.49, slightly higher than ¥599,027.87 in Q1 2024, indicating ongoing investment in innovation[16]. Other Financial Metrics - Non-recurring gains and losses amounted to CNY 1,127,253.42, with government subsidies contributing CNY 1,647,150.48 to this total[6]. - The company experienced a financial income of -¥2,777,291.84 in Q1 2025, a notable improvement from a financial expense of ¥5,369,629.13 in Q1 2024[16]. - Other comprehensive income after tax for Q1 2025 was -¥7,585,865.64, compared to ¥2,546,965.70 in Q1 2024, indicating a decline in overall financial health[18]. Future Outlook - The company plans to implement new accounting standards starting in 2025, which may affect financial reporting[20].