QCMC(SH:600229)2025-04-25 12:20Financial Performance - The company's operating revenue for Q1 2025 was ¥603,593,422.48, a decrease of 9.26% compared to ¥665,203,708.23 in the same period last year[3] - Net profit attributable to shareholders was ¥63,244,937.05, down 27.68% from ¥87,451,468.22 year-on-year[3] - The basic earnings per share decreased by 27.72% to ¥0.0957 from ¥0.1324 in the same period last year[3] - Net profit for Q1 2025 was CNY 62.86 million, a decline of 27.78% compared to CNY 87.01 million in Q1 2024[14] - Earnings per share for Q1 2025 was CNY 0.0957, down from CNY 0.1324 in Q1 2024[14] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,282,692,664.67, a slight increase of 0.15% from ¥4,276,276,026.30 at the end of the previous year[4] - Total liabilities decreased to CNY 1,026.60 million in Q1 2025 from CNY 1,083.04 million in Q1 2024, a reduction of 5.23%[13] - The total assets of the company were CNY 4,282.69 million in Q1 2025, slightly up from CNY 4,276.28 million in Q1 2024[13] Shareholder Equity - Shareholders' equity attributable to the parent company increased by 1.99% to ¥3,243,154,963.51 from ¥3,179,910,026.46 at the end of the previous year[4] - Total equity attributable to shareholders increased to CNY 3,243.15 million in Q1 2025 from CNY 3,179.91 million in Q1 2024, an increase of 1.99%[13] Cash Flow - The net cash flow from operating activities was negative at -¥119,588,785.47, an improvement from -¥188,520,229.26 in the previous year[3] - Cash inflow from operating activities for Q1 2025 was $398,062,198.51, an increase of 4.4% compared to $381,483,244.78 in Q1 2024[16] - The company reported a cash inflow from other operating activities of $15,447,548.74 in Q1 2025, compared to $12,633,728.55 in Q1 2024, indicating a growth of 22.4%[16] Research and Development - The company increased its R&D expenses by 43.44% due to heightened investment in research and development[6] - Research and development expenses rose to CNY 1.57 million in Q1 2025, compared to CNY 1.09 million in Q1 2024, an increase of 43.38%[14] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 32,070[7] - The top shareholder, Qingdao Publishing Group Co., Ltd., holds 55.75% of the shares, totaling 374,191,691 shares[8] Inventory and Receivables - Accounts receivable increased to ¥679,025,047.46 from ¥485,048,803.84, reflecting a growth of approximately 40%[10] - Inventory decreased to ¥619,757,563.51 from ¥673,333,644.92, indicating a reduction of about 8%[11] Other Financial Metrics - The weighted average return on equity decreased by 0.82 percentage points to 1.97% from 2.79% year-on-year[3] - The company reported a credit impairment loss of CNY -6.08 million in Q1 2025, an improvement from CNY -16.91 million in Q1 2024[14] - The company has no significant changes in the participation of major shareholders in margin trading and securities lending[9] - The company did not report any significant changes in borrowing or equity financing activities during the quarter[17]