扬帆新材(300637) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 reached ¥232,037,501.09, representing a year-on-year increase of 74.60% compared to ¥132,894,992.92 in the same period last year[5] - Net profit attributable to shareholders was ¥10,051,040.07, a significant turnaround from a loss of ¥13,434,631.70 in the previous year, marking a growth of 174.81%[5] - Basic earnings per share improved to ¥0.0428, up 174.83% from a loss of ¥0.0572 per share in the previous year[5] - Operating profit turned positive at ¥10,676,961.16 compared to a loss of ¥16,653,249.59 in the previous period[23] - Total comprehensive income for the period reached ¥24,133,904.56, compared to ¥5,809,570.70, reflecting a substantial increase[24] Cash Flow - The net cash flow from operating activities increased by 270.01%, amounting to ¥18,819,560.29, compared to ¥5,086,231.91 in the same period last year[5] - Cash inflow from operating activities rose to ¥173,069,490.30, compared to ¥121,236,035.24, an increase of about 42.9%[26] - Net cash flow from investing activities was -$7,227,028.90, a decrease from $435,326.06 in the previous period[27] - Net cash flow from financing activities was -$48,257,018.04, compared to -$9,409,934.31 in the previous period[27] - The total cash and cash equivalents at the end of the period amounted to $88,255,696.34, down from $96,335,177.32[27] Assets and Liabilities - The company's asset-liability ratio decreased from 50.07% at the beginning of the period to 46.42% at the end of the period, indicating improved financial stability[7] - The total assets at the end of the reporting period were ¥1,319,454,642.69, down 3.30% from ¥1,364,505,572.87 at the end of the previous year[5] - Total liabilities decreased to ¥612,500,521.15 from ¥683,242,244.87, reflecting a reduction of approximately 10.3%[21] - Current liabilities totaled ¥537,748,891.68, down from ¥581,100,854.20, indicating a decrease of about 7.5%[21] - Short-term borrowings increased from 291,770,266.79 CNY to 321,588,088.46 CNY, an increase of approximately 10.2%[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 20,906[14] - Zhejiang Yangfan Holding Group Co., Ltd. holds 22.04% of shares, totaling 51,729,200 shares, with 22,240,000 shares pledged[14] - SFCCO., LTD. holds 15.84% of shares, totaling 37,175,400 shares[14] Research and Development - The company has strengthened its market analysis and expanded its market presence while enhancing R&D efforts for new products[6] - Research and development expenses increased to ¥11,547,612.26, up from ¥8,931,419.48, marking a rise of approximately 29.5%[23] Government Subsidies - The company reported a government subsidy income increase of 386.62%, amounting to ¥4,414,721.77 compared to ¥907,230.45 in the previous year[13] Other Financial Metrics - Other comprehensive income after tax was ¥14,082,864.49, down from ¥19,244,202.40, a decrease of approximately 26.8%[24] - The total current assets decreased from 493,349,622.78 CNY to 438,603,027.59 CNY, a reduction of approximately 11.1%[20] - The total non-current assets increased from 871,155,950.09 CNY to 880,851,615.10 CNY, an increase of approximately 1.8%[20] - The company has a total of 309,311.00 shares under lock-up due to executive restrictions[17] - The company has no preferred shareholders or changes in restricted shares during the reporting period[16] - The company has not disclosed any new strategies or market expansions in the current report[15] Audit Status - The first quarter report was not audited[28]