Financial Performance - The company's operating revenue for Q1 2025 was CNY 525,437,467.57, a decrease of 5.75% compared to CNY 557,500,626.58 in the same period last year[4] - Net profit attributable to shareholders was CNY 35,883,352.38, representing a 13.58% increase from CNY 31,593,624.84 year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 20,096,952.56, down 35.00% from CNY 30,916,272.45 in the previous year[4] - Basic earnings per share decreased to CNY 0.14, down 12.50% from CNY 0.16 in the same quarter last year[4] - Total revenue for Q1 2025 was ¥525,437,467.57, a decrease of 5.8% compared to ¥557,500,626.58 in Q1 2024[23] - Net profit for Q1 2025 reached ¥35,883,352.38, an increase of 13.5% from ¥31,593,624.84 in Q1 2024[24] - The company reported a basic earnings per share of ¥0.14 for Q1 2025, compared to ¥0.16 in Q1 2024[24] - The total comprehensive income for Q1 2025 was approximately ¥35.75 million, compared to ¥31.81 million in Q1 2024, indicating a growth of 12.24%[36] Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 19,138,880.28, a decline of 126.23% compared to negative CNY 8,459,885.85 last year[4] - Cash inflow from operating activities for Q1 2025 was CNY 468,416,411, a decrease of 7% compared to CNY 503,917,710 in Q1 2024[27] - The company reported a net cash outflow from operating activities of approximately ¥15.10 million in Q1 2025, compared to an outflow of ¥10.34 million in Q1 2024[37] - Total cash and cash equivalents at the end of Q1 2025 were CNY 685,197,662.66, down from CNY 65,940,788.77 at the end of Q1 2024[28] - Cash outflow for financing activities in Q1 2025 was CNY 118,474,763.17, compared to a net inflow of CNY 3,565,734.20 in Q1 2024[28] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,099,794,230.16, a decrease of 8.47% from CNY 3,386,713,429.69 at the end of the previous year[5] - Total assets decreased to ¥3,099,794,230.16 in Q1 2025 from ¥3,386,713,429.69 in Q1 2024, a decline of 8.5%[21] - Total liabilities decreased to ¥1,043,517,250.27 in Q1 2025 from ¥1,326,663,566.41 in Q1 2024, a reduction of 21.3%[21] - Total liabilities decreased to CNY 1,054,951,362.76 as of March 31, 2025, compared to CNY 1,339,566,474.79 at the end of 2024[32] Research and Development - Research and development expenses increased by 52.23% to CNY 33,647,792.51, up from CNY 22,103,240.79 in the previous year[10] - Research and development expenses increased to ¥33,647,792.51 in Q1 2025, up 52.5% from ¥22,103,240.79 in Q1 2024[23] - The company plans to continue focusing on R&D to drive future growth and innovation[23] Other Income and Expenses - Other income rose significantly by 699.00% to CNY 19,003,027.95, compared to CNY 2,378,358.77 in the same period last year, mainly due to increased government subsidies[10] - Cash received from tax refunds increased by 147.77% year-over-year, totaling ¥10,193,865.94 in Q1 2025 compared to ¥4,114,214.82 in Q1 2024, primarily due to an increase in export tax refunds[11] - Cash received from other operating activities surged by 1,160.85%, reaching ¥25,497,930.24 in Q1 2025, up from ¥2,022,288.85 in Q1 2024, mainly due to increased government subsidies[11] - Cash paid for other operating activities rose by 389.35%, amounting to ¥42,003,337.33 in Q1 2025, compared to ¥8,583,550.77 in Q1 2024, primarily due to increased supplier deposits[11] - Cash paid for dividends and interest surged by 407.66%, reaching ¥43,074,763.17 in Q1 2025, compared to ¥8,485,040.62 in Q1 2024, primarily due to increased dividend distributions[12] Shareholder Information - The total number of common shareholders at the end of the reporting period was 56,092, with the largest shareholder, Tianjin Tianhe Yingya Technology Co., Ltd., holding 34.04% of shares[14]
天和磁材(603072) - 2025 Q1 - 季度财报