格林达(603931) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥162,407,600.82, a decrease of 4.88% compared to ¥170,730,723.91 in the same period last year[4]. - Net profit attributable to shareholders was ¥31,822,890.86, down 6.66% from ¥34,094,142.20 year-on-year[4]. - Basic earnings per share decreased by 5.88% to ¥0.16 from ¥0.17 in the previous year[5]. - The company reported a net profit margin of approximately 19.9% for Q1 2025 based on the operating revenue and costs[18]. - The net profit for Q1 2025 was CNY 31,825,738.13, a decrease of 3.7% compared to CNY 34,089,827.33 in Q1 2024[19]. - Operating profit for Q1 2025 was CNY 37,442,995.35, down from CNY 39,661,194.15 in Q1 2024, reflecting a decline of 5.6%[19]. - The company reported a total profit of CNY 37,471,600.35 for Q1 2025, compared to CNY 39,669,431.47 in Q1 2024, reflecting a decrease of 5.5%[19]. Cash Flow and Assets - The net cash flow from operating activities decreased significantly by 59.34%, from ¥53,281,904.39 to ¥21,662,087.44[4][7]. - The company reported a significant decrease in cash received from sales, which contributed to the decline in cash flow from operating activities[7]. - The net cash flow from operating activities in Q1 2025 was CNY 21,662,087.44, significantly lower than CNY 53,281,904.39 in Q1 2024, indicating a decline of 59.3%[23]. - Cash and cash equivalents at the end of Q1 2025 amounted to CNY 369,149,911.69, a decrease from CNY 776,541,393.31 at the end of Q1 2024[24]. - Current assets totaled RMB 792,170,980.14 as of March 31, 2025, an increase from RMB 765,280,356.26 at the end of 2024[13]. - Non-current assets amounted to RMB 955,977,018.83 as of March 31, 2025, a slight decrease from RMB 964,416,595.33 at the end of 2024[15]. - Total assets at the end of the reporting period were ¥1,748,147,998.97, reflecting a 1.07% increase from ¥1,729,696,951.59 at the end of the previous year[5]. - Total liabilities were RMB 150,305,129.03 as of March 31, 2025, down from RMB 163,894,221.20 at the end of 2024[16]. - Shareholders' equity totaled RMB 1,597,842,869.94 as of March 31, 2025, an increase from RMB 1,565,802,730.39 at the end of 2024[16]. Shareholder Information - The top shareholder, Hangzhou Electric Chemical Group Co., Ltd., holds 42.55% of the shares, totaling 84,903,346 shares[9]. - The company has a total of 11,980 common shareholders at the end of the reporting period[8]. - The company has not indicated any significant changes in shareholder structure or financing activities during the reporting period[12]. Operating Costs and Expenses - Total operating costs for Q1 2025 were RMB 129,711,574.58, down 1.2% from RMB 132,322,543.10 in Q1 2024[18]. - Operating costs included RMB 113,007,235.10 in cost of goods sold for Q1 2025, slightly lower than RMB 113,820,202.68 in Q1 2024[18]. - The company incurred research and development expenses of CNY 5,778,734.56 in Q1 2025, down from CNY 10,598,399.07 in Q1 2024, indicating a reduction of 45.4%[19]. - The company reported a tax expense of CNY 5,645,862.22 for Q1 2025, slightly up from CNY 5,579,604.14 in Q1 2024[19]. Government Subsidies - The company received government subsidies amounting to ¥668,850.56, which are closely related to its normal operations[6].