晨光新材(605399) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥232,521,752.26, a decrease of 15.09% compared to ¥273,853,534.36 in the same period last year[3] - The net profit attributable to shareholders was -¥4,730,216.63, representing a decline of 118.44% from ¥25,646,683.60 year-on-year[3] - The basic earnings per share decreased by 125.00%, from ¥0.08 to -¥0.02[4] - The net profit for Q1 2025 was -4,753,335.53 CNY, compared to a net profit of 25,605,645.63 CNY in Q1 2024, representing a significant decline[17] - Operating profit for Q1 2025 was -3,360,812.34 CNY, while in Q1 2024 it was 30,222,019.85 CNY, indicating a drastic drop in operational performance[17] - The total comprehensive income for Q1 2025 was -4,515,852.85 CNY, contrasting with 25,605,645.63 CNY in Q1 2024, highlighting a significant decline in overall financial performance[18] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,323,111,079.28, down 2.39% from ¥3,404,366,421.50 at the end of the previous year[4] - Total assets as of March 31, 2025, were RMB 3,323,111,079.28, down from RMB 3,404,366,421.50 at the end of 2024[12] - Total liabilities as of March 31, 2025, were RMB 1,121,539,132.15, a decrease from RMB 1,200,665,896.94 at the end of 2024[13] - The total assets as of March 31, 2025, were ¥2,595,688,645.45, a slight decrease from ¥2,658,403,285.45 at the end of 2024[27] - The total liabilities decreased to ¥309,654,461.34 from ¥387,613,307.39 in the previous year[27] Cash Flow - The net cash flow from operating activities was -¥16,362,217.94, worsening from -¥5,834,283.11 in the same period last year[3] - The cash flow from operating activities in Q1 2025 was -16,362,217.94 CNY, compared to -5,834,283.11 CNY in Q1 2024, showing worsening cash flow conditions[22] - Investment activities resulted in a net cash outflow of -61,907,307.04 CNY in Q1 2025, compared to -117,516,222.38 CNY in Q1 2024, indicating reduced investment losses[23] - The company's cash and cash equivalents increased to RMB 490,326,021.53 as of March 31, 2025, compared to RMB 466,846,665.28 at the end of 2024[11] - Cash and cash equivalents at the end of Q1 2025 totaled $368,088,585.51, down from $1,130,056,771.75 at the end of Q1 2024[34] Shareholder Information - The company had a total of 21,574 common shareholders at the end of the reporting period[8] - Major shareholders included Jiangsu Jianfeng Investment Co., Ltd. with a 32.05% stake and Hong Kong Nobel High-tech Materials Co., Ltd. with a 29.49% stake[8] Operating Costs and Expenses - Total operating costs for Q1 2025 were RMB 238,658,452.22, down 7.3% from RMB 257,492,592.52 in Q1 2024[16] - Operating costs in Q1 2025 included RMB 201,867,445.62 in operating expenses, a decrease of 13.4% from RMB 233,271,071.96 in Q1 2024[16] - The company incurred sales expenses of 6,365,155.81 CNY in Q1 2025, up from 5,353,963.69 CNY in Q1 2024, indicating increased costs associated with sales efforts[17] - Research and development expenses were 11,805,858.70 CNY in Q1 2025, slightly higher than 11,230,874.50 CNY in Q1 2024, suggesting continued investment in innovation[17] Revenue from Sales - Total revenue from sales in Q1 2025 was 150,742,697.71 CNY, slightly down from 151,322,596.03 CNY in Q1 2024[21] - The company's revenue for Q1 2025 was ¥227,520,371.22, a decrease of 16.3% compared to ¥271,954,302.33 in Q1 2024[29] - The operating profit for Q1 2025 was ¥14,259,376.61, down 61.7% from ¥37,265,247.15 in Q1 2024[30] - The net profit for Q1 2025 was ¥12,869,895.67, a decline of 60.6% compared to ¥32,693,732.09 in Q1 2024[31]