Financial Performance - The company's revenue for Q1 2025 was CNY 378,972,630.68, representing a 3.42% increase compared to CNY 366,448,601.68 in the same period last year[5]. - Net profit attributable to shareholders decreased by 70.47% to CNY 11,881,846.53 from CNY 40,237,153.02 year-on-year[5]. - Total operating revenue for the current period reached ¥378,972,630.68, an increase of 3.9% compared to ¥366,448,601.68 in the previous period[21]. - Net profit for the current period was ¥11,881,846.53, a decrease of 70.5% from ¥40,237,153.02 in the previous period[22]. - Basic and diluted earnings per share decreased to ¥0.1623 from ¥0.5497 in the previous period[23]. Cash Flow and Liquidity - The net cash flow from operating activities showed a significant decline of 260.85%, resulting in a net outflow of CNY 76,931,277.67 compared to a net outflow of CNY 21,319,348.55 in the previous year[5][9]. - Cash flow from operating activities showed a net outflow of ¥76,931,277.67, worsening from a net outflow of ¥21,319,348.55 in the previous period[23]. - Cash inflow from investment activities totaled ¥150,596,219.17, compared to ¥65,000.00 in the previous period[23]. - Cash flow from investment activities showed a net inflow of $80,554,133.67, compared to a net outflow of $38,033,152.60 in the previous period[24]. - Cash flow from financing activities resulted in a net inflow of $39,675,509.32, while the previous period experienced a net outflow of $16,479,021.89[24]. - The net increase in cash and cash equivalents for the period was $48,608,488.52, contrasting with a decrease of $70,545,064.87 in the prior period[24]. - The ending balance of cash and cash equivalents was $508,650,816.56, down from $854,884,472.50 in the previous period[24]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,896,870,394.77, down 2.29% from CNY 1,941,273,682.42 at the end of the previous year[5]. - Total current assets amounted to ¥1,415,415,072.19, down from ¥1,451,917,280.43, representing a decrease of about 2.5%[18]. - Current liabilities decreased to ¥551,601,090.22 from ¥651,326,554.71, indicating a reduction of about 15.4%[19]. - Total liabilities decreased to ¥660,255,874.44 from ¥717,708,280.32 in the previous period[20]. - Total equity attributable to shareholders increased to ¥1,236,614,520.33 from ¥1,223,565,402.10 in the previous period[20]. Operational Efficiency - The weighted average return on equity decreased to 0.97% from 3.24% year-on-year, indicating a decline in profitability[5]. - The company experienced a 254.39% increase in asset impairment losses, attributed to slower inventory turnover and increased risks of obsolete inventory[8]. - Other income decreased by 75.97% to CNY 162,000.00 compared to the previous year, primarily due to reduced government subsidies[8]. - Research and development expenses rose to ¥21,256,646.07, up 21.7% from ¥17,558,072.10 in the previous period[21]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 9,781, with the largest shareholder holding 25.20% of the shares[11]. - The company received government subsidies amounting to CNY 1,619,421.26 during the reporting period, which contributed to its non-recurring gains[6]. Changes and Compliance - The company did not undergo an audit for the first quarter report[25]. - The company will implement new accounting standards starting from 2025[25]. - The company completed the change of registered addresses for several subsidiaries, enhancing operational efficiency[13][14].
联域股份(001326) - 2025 Q1 - 季度财报