JOINTAS(SZ:002909)2025-04-25 13:55Financial Performance - The company's revenue for Q1 2025 was ¥244,809,020.63, representing a 7.42% increase compared to ¥227,898,315.51 in the same period last year[4]. - The net profit attributable to shareholders was a loss of ¥5,303,618.33, an improvement of 45.96% from a loss of ¥9,814,008.67 in the previous year[4]. - The net profit for the current period is -5,303,618.33, compared to -9,815,643.30 in the previous period, showing an improvement of approximately 46.0%[22]. - Operating profit for the current period is -5,720,890.70, improved from -10,510,575.39 in the previous period, indicating a reduction in losses by about 45.0%[22]. - The total comprehensive income for the current period is -5,303,618.33, compared to -9,815,643.30 in the previous period, showing an improvement of approximately 46.0%[22]. - The total profit for the current period is -5,696,606.40, improved from -10,284,432.30 in the previous period, reflecting a reduction in losses by approximately 44.5%[22]. Cash Flow - The net cash flow from operating activities was -¥25,318,679.68, a significant decline of 299.47% compared to ¥12,693,161.91 in the previous year[4]. - Cash flow from operating activities shows a net outflow of -25,318,679.68, a significant decline from a net inflow of 12,693,161.91 in the previous period[23]. - The net cash flow from financing activities decreased by 80.37% to ¥41,885,042.32, primarily due to a reduction in received investment funds[10]. - The net cash flow from financing activities for the current period is 41,885,042.32, down from 213,363,519.32 in the previous period, a decrease of about 80.4%[24]. - The company reported a cash outflow from investment activities of -60,517,079.41, compared to -86,048,626.87 in the previous period, indicating a reduction in cash outflow by about 29.6%[24]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,226,650,121.80, down 1.20% from ¥2,253,751,684.94 at the end of the previous year[4]. - The equity attributable to shareholders decreased by 0.82% to ¥939,994,987.74 from ¥947,759,072.92 at the end of the previous year[4]. - Total liabilities decreased slightly to ¥1,286,655,134.06 from ¥1,305,992,612.02, a decrease of 1.5%[20]. - Non-current assets increased to ¥1,410,210,062.29 from ¥1,363,699,159.20, reflecting a growth of 3.4%[19]. - Fixed assets increased by 28.86% to ¥649,917,757.60, primarily due to the transfer of the Anqing production base's factory to fixed assets[8]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 26,199[12]. - Guangzhou Antai Chemical Co., Ltd. holds 38.29% of shares, totaling 149,325,614 shares, with 106,930,000 shares pledged[12]. - The company has repurchased 800,000 shares, representing 0.21% of the total share capital, with a total payment of 4,212,000 RMB[14]. - The maximum repurchase price is set at 8.57 RMB per share, with a total repurchase fund between 20 million and 40 million RMB[14]. - The company plans to implement the fifth employee stock ownership plan to enhance long-term incentives and governance[15]. - The repurchased shares are intended for future employee stock ownership or equity incentive plans[14]. - The company’s major shareholder, Zou Zhenfu, is also the actual controller of Guangzhou Antai Chemical Co., Ltd.[12]. - The company’s shareholder structure includes significant holdings by both domestic and foreign entities, with Morgan Stanley & Co. holding 0.29%[12]. - The company’s stock repurchase account ranks third among the top ten shareholders, holding 6,700,002 shares, which is 1.72% of the total share capital[13]. - The company has not disclosed any other significant shareholder relationships beyond those mentioned[12]. Revenue and Costs - Total operating revenue for the current period reached ¥244,809,020.63, an increase of 7.9% compared to ¥227,898,315.51 in the previous period[21]. - Total operating costs amounted to ¥248,979,664.22, up from ¥236,813,655.35, reflecting a rise of 5.5%[21]. - Total revenue from sales of goods and services received cash of 248,047,451.52, up from 238,620,646.69 in the previous period, reflecting a growth of approximately 3.0%[23]. Other Financial Metrics - The company's cash and cash equivalents decreased to ¥182,522,073.48 from ¥227,225,644.90, a decline of 19.7%[18]. - Accounts receivable decreased to ¥365,631,748.24 from ¥401,183,095.57, a reduction of 8.8%[18]. - Inventory levels decreased to ¥106,033,804.05 from ¥112,295,237.44, a decline of 5.6%[18]. - The basic and diluted earnings per share for the current period are both -0.0138, compared to -0.0253 in the previous period, indicating an improvement of about 45.0%[23]. - Cash and cash equivalents at the end of the period decreased to 173,311,981.38 from 295,108,588.79 in the previous period, a decline of approximately 41.2%[24].