Delinhai(SH:688069)2025-04-25 10:25Financial Performance - The company's operating revenue for Q1 2025 was ¥46,414,274.17, representing a 21.36% increase compared to ¥38,244,147.95 in the same period last year[4] - The net profit attributable to shareholders was a loss of ¥4,700,130.46, worsening from a loss of ¥2,879,043.11 in the previous year[4] - The net cash flow from operating activities was a negative ¥66,647,951.79, compared to a negative ¥21,806,109.87 in the same period last year[4] - Total operating revenue for Q1 2025 reached ¥46,414,274.17, an increase of 21.5% compared to ¥38,244,147.95 in Q1 2024[21] - Net profit for Q1 2025 was a loss of ¥5,112,020.09, compared to a loss of ¥2,776,836.48 in Q1 2024, indicating a deterioration in performance[22] - The total comprehensive loss for Q1 2025 was ¥5,112,020.09, compared to a loss of ¥2,776,836.48 in Q1 2024[22] Assets and Liabilities - As of the end of the reporting period, total assets were ¥1,567,621,488.77, a decrease of 3.43% from ¥1,623,227,353.95 at the end of the previous year[5] - The company's current assets totaled CNY 1,231,876,155.27, down from CNY 1,327,973,333.09 in the previous period[18] - Cash and cash equivalents decreased to CNY 141,111,553.66 from CNY 266,747,289.97[17] - Accounts receivable increased to CNY 446,822,010.47 from CNY 430,065,406.38, indicating a growth of approximately 3.5%[17] - The company's total liabilities decreased to CNY 330,724,313.18 from CNY 381,118,158.27, reflecting a reduction of about 13.2%[19] - The equity attributable to shareholders decreased slightly to CNY 1,233,609,764.58 from CNY 1,238,398,812.62[19] Research and Development - Research and development expenses totaled ¥4,357,232.70, accounting for 9.39% of operating revenue, down from 11.81% in the previous year[5] - Research and development expenses for Q1 2025 were ¥4,357,232.70, slightly down from ¥4,517,503.22 in Q1 2024[21] Strategic Initiatives - The company is actively promoting the construction of a national lake and reservoir digital twin platform and the application of AI large model technology[12] - The company is focusing on a new ecological engineering resource regeneration system based on "sludge-worm" technology by 2025[13] - A strategic cooperation agreement was signed with the Taihu Basin Hydrology and Water Resources Monitoring Center to address eutrophication and pollution issues[15] - The company aims to establish a "Lihu Lake Long Workstation" for comprehensive environmental management and monitoring[15] - The company is committed to developing a full industry chain "closed loop" for environmental governance and resource regeneration[13] Cash Flow and Expenses - The company reported a net cash outflow from operating activities of ¥66,647,951.79 in Q1 2025, compared to an outflow of ¥21,806,109.87 in Q1 2024[25] - Cash and cash equivalents at the end of Q1 2025 were ¥74,146,743.40, down from ¥124,619,288.15 at the end of Q1 2024[26] - The company recorded an investment loss of ¥653,972.64 in Q1 2025, compared to a gain of ¥1,795,861.78 in Q1 2024[21] - Basic and diluted earnings per share for Q1 2025 were both -¥0.04, compared to -¥0.03 in Q1 2024[22] - The company experienced a significant increase in sales expenses, which amounted to ¥1,026,322.85 in Q1 2025, down from ¥1,220,732.87 in Q1 2024[21]