美思德(603041) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥166,692,300.38, representing a 13.49% increase compared to ¥146,878,544.34 in the same period last year[4] - Net profit attributable to shareholders decreased by 60.82% to ¥12,102,063.12 from ¥30,888,899.23 year-on-year[4] - Basic and diluted earnings per share fell by 58.82% to ¥0.07 from ¥0.17 in the same period last year[4] - Net profit for Q1 2025 was ¥10,375,236.43, a decrease of 66.3% from ¥30,829,303.58 in Q1 2024[18] - Basic and diluted earnings per share for Q1 2025 were both ¥0.07, down from ¥0.17 in Q1 2024[18] Cash Flow - The net cash flow from operating activities was negative at -¥25,254,729.79, a decline of 473.90% compared to a positive cash flow of ¥6,754,464.43 in the previous year[4] - Cash flow from operating activities for Q1 2025 was negative at -¥25,254,729.79, compared to positive cash flow of ¥6,754,464.43 in Q1 2024[20] - Cash flow from investing activities generated a net inflow of ¥18,825,552.22 in Q1 2025, contrasting with a net outflow of -¥101,417,741.20 in Q1 2024[21] - Cash and cash equivalents at the end of Q1 2025 totaled ¥198,665,874.22, a decrease from ¥135,436,904.25 at the end of Q1 2024[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,763,818,772.55, down 2.15% from ¥1,802,495,762.25 at the end of the previous year[5] - As of March 31, 2025, the total current assets amounted to ¥977,966,280.40, a decrease from ¥1,007,724,929.91 on December 31, 2024, representing a decline of approximately 2.5%[12] - The company's cash and cash equivalents decreased to ¥229,247,090.84 from ¥278,258,028.62, reflecting a decline of about 17.6%[12] - The total liabilities decreased to ¥266,309,054.85 from ¥315,410,855.08, indicating a reduction of approximately 15.6%[14] - The total assets as of March 31, 2025, were ¥1,763,818,772.55, down from ¥1,802,495,762.25, which is a decrease of about 2.1%[13] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,884[8] - The largest shareholder, Foshan Shunde Demai Chemical Group Co., Ltd., holds 40.88% of the shares, totaling 74,865,000 shares[9] Expenses - Total operating costs for Q1 2025 were ¥156,133,392.47, up 37.0% from ¥113,937,460.50 in Q1 2024[17] - The company reported a significant increase in sales expenses, totaling ¥6,953,170.67 in Q1 2025, compared to ¥6,713,323.86 in Q1 2024[17] - Research and development expenses decreased to ¥7,194,730.01 in Q1 2025 from ¥9,138,658.42 in Q1 2024, indicating a 21.3% reduction[17] - The company experienced a rise in tax expenses, which increased to ¥6,202,091.78 in Q1 2025 from ¥4,768,056.85 in Q1 2024, reflecting a 30.0% increase[18] Equity and Retained Earnings - The company's total equity increased to ¥1,497,509,717.70 from ¥1,487,084,907.17, showing an increase of approximately 0.9%[14] - The retained earnings increased to ¥609,082,376.60 from ¥596,980,313.48, indicating a growth of about 2.0%[14] Operational Challenges - The decline in net profit was primarily due to the underutilization of new project capacity and high fixed cost allocation[7] - The accounts receivable rose to ¥96,888,617.21 from ¥92,682,794.52, marking an increase of about 4.5%[12] - The inventory increased to ¥118,586,932.69 from ¥114,017,808.26, reflecting a growth of approximately 4.2%[12] - The company's long-term investments remained stable at ¥30,000,000.00, unchanged from the previous period[13] - The short-term borrowings increased to ¥41,152,516.35 from ¥35,703,713.82, representing an increase of approximately 15.5%[14]