CRUN(002272)2025-04-25 12:50Revenue and Profitability - Revenue for Q1 2025 was CNY 312,026,614.82, an increase of 9.44% compared to CNY 285,112,055.66 in the same period last year[3] - Net profit attributable to shareholders was a loss of CNY 27,985,095.42, representing a decline of 56.25% from a loss of CNY 17,910,064.74 in the previous year[3] - Total operating revenue for the current period reached ¥312,026,614.82, an increase of 9.9% compared to ¥285,112,055.66 in the previous period[18] - The net loss for the current period was ¥26,741,784.11, compared to a net loss of ¥16,444,464.22 in the previous period, representing an increase in loss of 62.0%[19] - The company reported a total comprehensive loss of ¥26,741,147.26 for the current period, compared to a loss of ¥16,444,837.12 in the previous period[19] - The basic and diluted earnings per share were both -¥0.0577, worsening from -¥0.0412 in the previous period[19] Cash Flow and Operating Activities - Net cash flow from operating activities improved by 87.48%, with a net outflow of CNY 16,090,684.39 compared to CNY 128,516,824.99 in the same period last year[3] - The net cash flow from operating activities was -¥16,090,684.39, an improvement from -¥128,516,824.99 in the previous period[21] - The company generated ¥216,223,270.01 in cash inflows from operating activities, compared to ¥202,622,774.98 in the previous period, reflecting a growth of 6.9%[21] Assets and Liabilities - Total assets increased by 2.47% to CNY 3,378,904,483.27 from CNY 3,297,515,848.19 at the end of the previous year[3] - Current assets amounted to CNY 2,126,141,729.48, up from CNY 2,078,178,177.93, indicating an increase of about 2.31%[16] - The company’s non-current assets totaled CNY 1,252,762,753.79, up from CNY 1,219,337,670.26, indicating an increase of about 2.73%[17] - Total liabilities increased to CNY 1,869,379,134.91 from CNY 1,761,108,845.98, reflecting a growth of approximately 6.14%[17] - Short-term borrowings rose significantly to CNY 357,000,000.00 from CNY 222,236,318.99, marking an increase of about 60.50%[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 102,833[10] - The largest shareholder, Luo Lihua, holds 12.58% of the shares, amounting to 60,998,578 shares[10] - The company plans to reduce shareholdings by major shareholders, with a maximum of 14,221,200 shares to be sold over the next three months due to personal financial needs[12] Management and Strategic Changes - The company appointed a new vice president and financial director, indicating a strategic shift in management[14] Inventory and Receivables - The company’s inventory increased to CNY 461,484,532.09 from CNY 448,929,958.03, showing a growth of approximately 2.45%[16] - The company’s accounts receivable slightly decreased to CNY 1,118,682,937.92 from CNY 1,127,190,588.63, a decline of about 0.64%[16] - The company reported a 73.31% decrease in receivables financing compared to the beginning of the period, primarily due to a reduction in bank acceptance bills received[7] Expenses - Cash paid for purchasing goods and services decreased by 32.92%, attributed to a strategic adjustment in subsidiaries reducing bulk trade procurement[7] - Cash paid for acquiring fixed assets increased by 345.73%, reflecting increased investment in machinery and equipment[7] - Research and development expenses decreased to ¥9,362,436.53 from ¥12,280,582.61, a reduction of 23.5%[18] Operating Costs - Total operating costs increased to ¥341,506,377.63, up 9.8% from ¥310,988,140.76 in the previous period[18]