DOWELL(SZ:300535)2025-04-25 11:45Revenue and Profit - Revenue for Q1 2025 was CNY 160,113,727.19, a decrease of 3.07% compared to CNY 165,193,316.90 in the same period last year[6] - Net profit attributable to shareholders was CNY 5,591,852.02, down 29.70% from CNY 7,954,255.63 year-on-year[6] - Basic and diluted earnings per share decreased to CNY 0.0534, down 29.64% from CNY 0.0759 in the same quarter last year[6] - Total operating revenue for the current period was ¥160,113,727.19, a decrease of 3.5% from ¥165,193,316.90 in the previous period[18] - Net profit for the current period was ¥5,612,925.85, representing an increase of 20.8% compared to ¥4,645,924.92 in the previous period[19] - Comprehensive income for the current period totaled ¥5,448,104.51, compared to ¥4,484,622.24 in the previous period[20] Cash Flow and Financial Position - Operating cash flow improved significantly to CNY 11,496,263.30, compared to a negative cash flow of CNY -21,824,320.03 in the previous year, marking a 152.68% increase[6] - The net cash flow from operating activities was $11,496,263.30, a significant improvement compared to the previous year's negative cash flow of -$21,824,320.03[23] - Cash inflow from operating activities was ¥136,409,401.53, an increase from ¥122,389,422.07 in the previous period[22] - The company reported a total cash outflow of $124,913,138.23 from operating activities, a decrease from $144,213,742.10 in the previous year[23] - The total cash and cash equivalents at the end of the period decreased to $61,077,818.20 from $71,251,265.44 in the previous year[23] - The company’s cash flow management strategies appear to be effective, as evidenced by the reduction in cash outflows across various activities[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,390,843,724.35, a decline of 1.44% from CNY 1,411,113,115.67 at the end of the previous year[6] - The company's total current assets amount to 663,493,231.90 RMB, a decrease from 699,364,560.60 RMB at the beginning of the period[15] - The total non-current assets are reported at 727,350,492.45 RMB, an increase from 711,748,555.07 RMB[15] - The total current liabilities are 420,987,055.35 RMB, a decrease from 447,895,774.44 RMB[15] - Total liabilities amounted to ¥431,514,439.63, a decrease from ¥458,879,060.86 in the previous period[16] Expenses - Research and development expenses increased by 37.55% to CNY 16,572,531.98, reflecting a higher investment in chemical research[8] - Research and development expenses rose to ¥16,572,531.98, an increase of 37.5% from ¥12,048,082.66 in the previous period[19] - Sales expenses rose by 57.45% to CNY 20,085,279.81, primarily due to increased marketing expenditures[8] - Sales expenses increased significantly to ¥20,085,279.81, up 57.5% from ¥12,756,489.50 in the previous period[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,898[10] - The largest shareholder, Yan Jianlin, holds 21.38% of the shares, totaling 22,407,147 shares[10] Corporate Actions - The company plans to acquire 100% of Shanghai Aio Fine Chemical Co., Ltd. for 13.8125 million RMB and will invest an additional 23 million RMB for debt repayment and operational needs[12] - The company has completed the deregistration of its wholly-owned subsidiary, Dawei Zhilian (Shanghai) Enterprise Management Co., Ltd.[12] Cash Management - The company reported a significant increase in cash and cash equivalents, with a decrease in monetary funds by 37.45% to CNY 61,092,918.20 due to loan repayments[8] - The company experienced a foreign exchange impact of $232,778.94 on cash and cash equivalents[23] - The total cash inflow from investing activities was $77,469.85, compared to $66,692.04 in the previous year[23]