启明星辰(002439) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥640,806,865.89, a decrease of 30.54% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥1,597,149.47, representing a significant increase of 101.41% year-over-year[5]. - Basic and diluted earnings per share for Q1 2025 were both ¥0.0013, up 101.44% from the previous year[5]. - Total operating revenue for the current period is ¥640,806,865.89, down 30.5% from ¥922,613,266.65 in the previous period[18]. - Net profit attributable to the parent company is ¥1,597,149.47, compared to a net loss of ¥113,169,016.82 in the previous period[19]. - The company reported a total comprehensive income of ¥174,082.43, compared to a loss of ¥115,094,029.55 in the previous period[19]. - Basic and diluted earnings per share are both ¥0.0013, recovering from a loss of ¥0.0900 in the previous period[19]. Cash Flow and Operating Activities - Operating cash flow for the quarter was -¥209,535,795.97, a decline of 77.24% compared to the same period last year, primarily due to reduced sales collections[9]. - The net cash flow from operating activities is -¥209,535,795.97, worsening from -¥118,220,658.12 in the previous period[21]. - The company experienced a foreign exchange impact on cash and cash equivalents of -¥73,419.91 during the period[21]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥13,581,790,139.27, a decrease of 1.42% from the end of the previous year[5]. - The total current assets decreased to CNY 7,705,779,036.84 from CNY 8,402,386,543.06, reflecting a decline of approximately 8.3%[15]. - Cash and cash equivalents decreased to CNY 1,233,173,365.41 from CNY 1,964,231,160.39, a reduction of about 37.3%[15]. - The total non-current assets increased to CNY 5,876,011,102.43 from CNY 5,375,688,599.36, representing an increase of approximately 9.3%[16]. - The total liabilities decreased to CNY 2,152,494,063.59 from CNY 2,349,506,822.81, a decline of about 8.4%[16]. - The total equity increased slightly to CNY 11,429,296,075.68 from CNY 11,428,568,319.61, indicating a marginal growth[16]. Investment and Income - Investment income for Q1 2025 was ¥19,764,867.56, an increase of 165.89% year-over-year, driven by stock price fluctuations of associated companies[9]. - Fair value gains for the quarter reached ¥52,076,914.07, up 198.18% compared to the previous year, also influenced by stock price changes of associated companies[9]. Cost Management - The company reduced its operating costs, with total sales, management, and R&D expenses decreasing by approximately 15% year-over-year[8]. - Total operating costs decreased to ¥762,862,166.26, a reduction of 25.3% from ¥1,020,636,731.64 in the previous period[18]. - Research and development expenses for the current period are ¥226,909,670.08, down 21.4% from ¥289,203,657.24 in the previous period[18]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 90,320[11]. - The company plans to repurchase and cancel 6,969,171 shares of restricted stock due to performance targets not being met, reducing the total share capital from CNY 1,218,369,376 to CNY 1,211,400,205[13]. Inventory and Receivables - The company reported a decrease in accounts receivable to CNY 4,722,809,448.45 from CNY 4,732,428,490.33, a slight decline of about 0.2%[15]. - The inventory increased to CNY 506,379,267.37 from CNY 463,009,920.76, reflecting an increase of approximately 9.4%[15]. - The company’s long-term equity investments decreased to CNY 349,290,779.32 from CNY 350,706,395.27, a decline of about 0.4%[15].