龙韵股份(603729) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥140,812,837.38, representing a 64.77% increase compared to ¥85,458,809.98 in the same period last year[4]. - The net loss attributable to shareholders was ¥2,812,342.51, an improvement from a loss of ¥14,439,593.14 in the previous year[4]. - The basic and diluted earnings per share were both -¥0.03, improving from -¥0.16 in the previous year[4]. - The weighted average return on equity increased by 3.30 percentage points to -0.76% from -4.06% year-on-year[5]. - The total comprehensive income for Q1 2025 was CNY -2,944,095.18, compared to CNY -14,723,370.17 in Q1 2024, indicating a narrowing of losses[16]. - The net profit for Q1 2025 was a loss of CNY 2,939,110.99, an improvement from a loss of CNY 14,719,651.64 in Q1 2024[16]. - The total comprehensive income for the company was -4,638,514.98 RMB in Q1 2025, compared to -14,467,902.73 RMB in Q1 2024, indicating a reduction in losses[25]. Cash Flow - The net cash flow from operating activities was negative at ¥16,876,149.25, worsening from a negative cash flow of ¥1,552,932.09 in the same period last year[4]. - The company reported a net cash outflow from operating activities of CNY -16,876,149.25 in Q1 2025, compared to CNY -1,552,932.09 in Q1 2024[18]. - The company's cash inflow from operating activities totaled CNY 161,845,200.65 in Q1 2025, up from CNY 92,922,650.28 in Q1 2024[18]. - The company's cash outflow from operating activities increased to 172,083,872.26 RMB in Q1 2025, compared to 85,630,175.65 RMB in Q1 2024, representing an increase of about 101%[26]. - The ending cash and cash equivalents balance decreased to 5,615,021.70 RMB in Q1 2025 from 13,387,084.66 RMB in Q1 2024, a decline of about 58%[27]. Assets and Liabilities - Total assets at the end of the reporting period were ¥672,509,180.87, a decrease of 2.12% from ¥687,057,413.57 at the end of the previous year[5]. - The company's current assets totaled RMB 274,776,384.12, down from RMB 289,093,581.68, indicating a decrease of about 4.9%[13]. - The company's total liabilities decreased to RMB 307,164,953.00 from RMB 318,769,090.52, a reduction of about 3.5%[14]. - The total equity of the company remained unchanged at RMB 93,338,000.00, indicating stability in the capital structure[14]. - The total assets as of March 31, 2025, were ¥943,150,621.26, slightly down from ¥944,532,551.46 at the end of 2024[20]. - The company's total liabilities increased to ¥300,792,600.94 from ¥297,536,016.16, reflecting a rise in short-term borrowings and other liabilities[22]. Shareholder Information - The company reported a total of 18,489 common shareholders at the end of the reporting period[10]. - The equity attributable to shareholders was ¥368,717,642.33, down 0.76% from ¥371,534,969.03 at the end of the previous year[5]. Government Support - The company received government subsidies amounting to ¥103,740.49, which positively impacted the financial results[6]. Operational Efficiency - The increase in operating revenue was primarily due to the company's efforts in market expansion and an increase in order volume[8]. - Research and development expenses for Q1 2025 were CNY 1,512,725.37, an increase of 58.9% from CNY 951,044.41 in Q1 2024[15]. - The company incurred research and development expenses of ¥8,468,841.82 in Q1 2025, down from ¥10,636,377.98 in Q1 2024, indicating a focus on cost management[24].