世纪恒通(301428) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥271,537,918.06, a decrease of 6.72% compared to ¥291,112,879.34 in the same period last year[5] - Net profit attributable to shareholders was ¥15,422,811.09, down 23.88% from ¥20,261,230.76 year-on-year[5] - The basic earnings per share decreased by 25.57% to ¥0.1563 from ¥0.2100 in the previous year[5] - The company's net profit for the current period is 14,706,849.49, a decrease of 26.0% compared to 19,831,343.46 in the previous period[23] - The total comprehensive income attributable to the parent company owners is 15,699,072.04, down from 20,261,230.76, a decrease of 22.5%[23] - The company reported a total profit of 16,335,504.35, down 20.5% from 20,403,806.88 in the previous period[23] Cash Flow - The net cash flow from operating activities was -¥109,494,004.00, representing a decline of 20.92% compared to -¥90,551,380.54 in Q1 2024[11] - The net cash flow from financing activities improved by 52.15% to ¥145,986,211.81, driven by new borrowings[11] - The net cash flow from operating activities is -109,494,004.00, compared to -90,551,380.54 in the previous period, indicating a worsening cash flow situation[25] - The net cash flow from investing activities is -91,478,552.27, worsening from -45,729,180.59 in the previous period, reflecting increased investment outflows[25] Assets and Liabilities - The total assets at the end of the reporting period increased by 5.46% to ¥2,421,969,634.30 from ¥2,296,585,793.21 at the end of the previous year[5] - Total liabilities rose to CNY 1,170,902,083.40, an increase of 10.6% from CNY 1,058,349,648.82[21] - Non-current assets totaled CNY 557,536,588.98, up from CNY 481,816,996.73, marking a growth of 15.7%[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 17,623[13] - The largest shareholder, Yang Xinghai, holds 35.00% of shares, amounting to 34,530,000 shares, with 15,640,000 shares pledged[13] - The second-largest shareholder, Beijing Junshengtaishi Equity Investment Center, holds 5.08% of shares, totaling 5,012,000 shares[13] - The company has a total of 10 major shareholders, with the top 10 shareholders holding significant stakes in the company[14] Inventory and Investments - The company reported a significant increase in inventory, which rose by 62.98% to ¥65,725,795.42 due to new business operations[8] - Long-term equity investments surged by 102.23% to ¥69,904,183.62, attributed to payments for external investments[8] - The company reported a net loss from investments of CNY 1,499,512.94, compared to a gain of CNY 2,186.30 in the previous period[22] Operating Costs and Expenses - Total operating costs decreased to CNY 259,085,970.92, down 5.5% from CNY 274,201,167.52[22] - The company incurred a total operating expense of 1,030,089,299.84, significantly higher than 280,499,954.70 in the previous period, indicating increased costs[25] - Research and development expenses were CNY 10,715,610.47, slightly down from CNY 11,448,908.74, indicating a decrease of 6.4%[22] Share Repurchase and Holdings - The company plans to repurchase shares using excess funds from the initial public offering, with a total repurchase amount between RMB 25 million and RMB 50 million[16] - As of March 18, 2025, the company has repurchased a total of 968,317 shares, representing 0.9814% of the total share capital[16] - Major shareholders, including Beijing Junshengtaishi and Shenzhen Rongyan Innovation, have announced plans to reduce their holdings within three months following the disclosure of their reduction plan[17] - As of March 25, 2025, the aforementioned major shareholders have completed their share reduction plan[18] Financial Ratios - The weighted average return on equity fell to 1.24%, down from 1.62% year-on-year[5] - Gross profit margin for the current period was approximately 4.9%, compared to 5.8% in the previous period[22] - Accounts receivable increased to CNY 457,378,554.83, up from CNY 393,406,711.20, indicating a rise of 16.3%[20] - Cash and cash equivalents at the end of the period were CNY 405,453,710.01, slightly up from CNY 402,328,361.02[20]