SSI(SZ:002742)2025-04-25 18:10Financial Performance - The company's operating revenue for Q1 2025 was ¥234,934,455.67, a decrease of 32.52% compared to ¥348,149,625.80 in the same period last year[5] - The net loss attributable to shareholders was ¥82,377,602.48, representing a 132.59% increase in loss from ¥35,416,918.24 year-on-year[5] - The basic and diluted earnings per share were both -¥0.1907, reflecting a 132.56% increase in loss per share compared to -¥0.0820 last year[5] - Net profit for the current period was a loss of CNY 84,754,826.81, compared to a loss of CNY 23,366,712.36 in the previous period, indicating a significant increase in losses[19] - The total comprehensive income for the period was -82,319,754.62, compared to -24,218,581.28 in the previous period, indicating a significant decline[20] Cash Flow - The net cash flow from operating activities improved to ¥13,430,875.49, a significant increase of 174.27% from -¥18,083,861.22 in the previous year[5] - The net cash flow from investing activities showed a net outflow of ¥6,340,714.41, a 54.44% improvement from -¥13,915,984.45 in the previous year[9] - Cash inflow from sales of goods and services was 270,889,669.32, up from 204,465,082.87, reflecting a growth of approximately 32.4%[21] - The cash outflow for purchasing goods and services was 120,486,565.56, down from 171,561,464.04, suggesting cost control measures[21] - The company received tax refunds amounting to 1,248,798.11, up from 112,820.97, which may positively impact cash flow[21] Assets and Liabilities - Total assets decreased by 4.51% to ¥2,507,608,127.92 from ¥2,626,041,333.84 at the end of the previous year[5] - Total liabilities increased to CNY 2,891,741,565.35 from CNY 2,855,055,016.65, an increase of 1.3%[16] - The company's cash and cash equivalents decreased to CNY 75,097,153.02 from CNY 88,868,835.48, a decline of 15.5%[14] - Accounts receivable decreased to CNY 474,881,087.93 from CNY 548,715,601.12, a reduction of 13.4%[14] - Inventory decreased slightly to CNY 224,883,663.92 from CNY 229,037,106.01, a decrease of 1.8%[15] Financial Ratios and Returns - The company's weighted average return on equity improved to 18.14%, up by 28.98% from -10.84% in the previous year[5] - The company's retained earnings showed a decline, with an accumulated loss of CNY 933,561,157.71 compared to CNY 851,183,555.23 in the previous period[16] - The company reported financial expenses of CNY 53,878,808.46, an increase from CNY 39,829,014.33 in the previous period, reflecting a rise of 35.3%[19] Operational Focus - The company did not execute any significant acquisitions or new product launches during this reporting period, focusing instead on operational improvements[23] - The company recorded a 3176.69% increase in non-operating income to ¥581,638.79, mainly from asset disposal income[9]