多伦科技(603528) - 2025 Q1 - 季度财报

Section I: Key Highlights and Core Financial Data This section provides an overview of the company's key financial performance and significant accounting data for the reporting period Major Accounting Data and Financial Indicators In Q1 2025, the company experienced significant year-on-year declines in operating revenue and net profit attributable to shareholders, while non-recurring net profit loss narrowed and operating cash flow turned positive, indicating improved core business profitability and cash flow 2025 Q1 Core Financial Indicators | Indicator | Current Period (Yuan) | Prior Year Period (Yuan) | YoY Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 105,043,519.77 | 167,218,662.95 | -37.18% | | Net Profit Attributable to Shareholders | 2,899,164.58 | 5,070,630.05 | -42.82% | | Net Profit Attributable to Shareholders (Excluding Non-Recurring Items) | -902,509.57 | -10,099,750.13 | 91.06% | | Net Cash Flow from Operating Activities | 16,854,137.18 | -5,735,486.69 | Not Applicable | | Basic Earnings Per Share (Yuan/share) | 0.0041 | 0.0072 | -43.06% | | Total Assets | 2,406,459,869.69 | - | -0.90% (vs. end of prior year) | | Shareholders' Equity Attributable to Listed Company Shareholders | 1,958,510,002.71 | - | 0.15% (vs. end of prior year) | Non-Recurring Gains and Losses Total non-recurring gains and losses for the period amounted to 3.8017 million Yuan, primarily from fair value changes and disposal gains/losses of financial assets, significantly contributing to current net profit Non-Recurring Gains and Losses Details | Item | Amount (Yuan) | | :--- | :--- | | Fair Value Changes and Disposal Gains/Losses of Financial Assets | 2,659,300.79 | | Government Grants Included in Current Profit/Loss | 333,327.25 | | Other Non-Operating Income and Expenses | -900,000.00 | | Disposal Gains/Losses of Non-Current Assets | -20,581.23 | | Total | 3,801,674.15 | Analysis of Major Financial Indicator Changes The company attributes revenue and net profit declines to fewer recognized acceptance reports, and improved operating cash flow to better sales collection - Operating revenue and net profit attributable to shareholders decreased year-on-year (-37.18% and -42.82%), primarily due to a reduction in acceptance reports obtained and recognized as revenue in the current reporting period compared to the same period last year[8] - Net cash flow from operating activities turned positive, significantly improving year-on-year, mainly due to increased collection of sales proceeds in the current reporting period compared to the same period last year[8] - Net profit after deducting non-recurring gains and losses narrowed its loss by 91.00%, which the report explains as a year-on-year decrease in fair value change gains from transactional financial assets, but this explanation contradicts the direction of data improvement[8] Section II: Shareholder Information This section details the company's shareholder structure and major shareholdings Shareholding Status As of the reporting period end, the company had 58,514 shareholders, with a highly concentrated equity structure where the controlling shareholder and its concerted parties hold a significant combined stake - Total number of common shareholders at the end of the reporting period was 58,514[10] Top Three Shareholders' Holdings | Shareholder Name | Shareholding Ratio (%) | Shareholder Nature | | :--- | :--- | :--- | | Nanjing Duolun Enterprise Management Co., Ltd. | 50.63 | Domestic Non-State-Owned Legal Person | | Zhang Aoxing | 5.00 | Domestic Natural Person | | Nanjing Jinlun Investment Center (Limited Partnership) | 1.93 | Other | - Controlling shareholder Nanjing Duolun Enterprise Management Co., Ltd. is a concerted party with Nanjing Jinlun Investment Center (Limited Partnership) and Nanjing Jialun Investment Center (Limited Partnership)[11] Section III: Other Reminders This section addresses any other important information or matters requiring investor attention Other Important Information The company has no other significant operational information requiring special investor attention during this reporting period - The company has no other significant operational information requiring special attention in this reporting period[12] Section IV: Quarterly Financial Statements This section presents the company's consolidated financial statements for the quarter Consolidated Balance Sheet Analysis As of Q1 2025, total assets slightly decreased to 2.406 billion Yuan, with a notable shift from monetary funds to transactional financial assets, while liabilities remained stable Balance Sheet Major Item Changes | Item | March 31, 2025 (Yuan) | December 31, 2024 (Yuan) | Change Rate | | :--- | :--- | :--- | :--- | | Monetary Funds | 352,808,278.93 | 675,966,582.92 | -47.8% | | Transactional Financial Assets | 788,102,916.29 | 469,978,561.92 | +67.7% | | Total Assets | 2,406,459,869.69 | 2,428,268,845.19 | -0.90% | | Total Liabilities | 375,399,295.05 | 396,759,160.99 | -5.4% | | Equity Attributable to Parent Company Shareholders | 1,958,510,002.71 | 1,955,610,838.13 | +0.15% | Consolidated Income Statement Analysis In Q1 2025, operating revenue decreased 37.18% to 105.04 million Yuan, but reduced operating costs improved gross margin, leading to a net profit attributable to parent company shareholders of 2.90 million Yuan, down 42.82% year-on-year Income Statement Major Item Changes | Item | 2025 Q1 (Yuan) | 2024 Q1 (Yuan) | YoY Change | | :--- | :--- | :--- | :--- | | Operating Revenue | 105,043,519.77 | 167,218,662.95 | -37.18% | | Operating Cost | 60,726,960.23 | 118,202,146.79 | -48.62% | | Fair Value Change Gains | 1,044,700.00 | 11,878,617.00 | -91.21% | | Credit Impairment Losses | 12,697,363.22 | 896,464.70 | +1316.4% | | Net Profit Attributable to Parent Company Shareholders | 2,899,164.58 | 5,070,630.05 | -42.82% | Consolidated Cash Flow Statement Analysis Net cash flow from operating activities significantly improved to 16.85 million Yuan, while net cash outflow from investing activities expanded to -317.70 million Yuan due to increased financial product purchases, impacting period-end cash Cash Flow Statement Major Items | Item | 2025 Q1 (Yuan) | 2024 Q1 (Yuan) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 16,854,137.18 | -5,735,486.69 | | Net Cash Flow from Investing Activities | -317,704,125.04 | -145,019,468.23 | | Net Cash Flow from Financing Activities | -2,662,772.37 | -16,071,004.95 | | Net Increase in Cash and Cash Equivalents | -303,512,760.23 | -166,825,959.87 | - Operating cash flow improvement is primarily due to a 9.8% year-on-year increase in 'cash received from sales of goods and rendering of services'[24] - Expansion of net cash outflow from investing activities is mainly due to a significant increase in 'cash paid for other investing activities' (typically financial product investments) to 612 million Yuan[25]