Bojay(SZ:002975)2025-04-25 18:10Financial Performance - The company's revenue for Q1 2025 was ¥205,792,108.23, a decrease of 25.18% compared to ¥275,034,960.27 in the same period last year[6] - The net profit attributable to shareholders was a loss of ¥20,651,193.88, representing a decline of 294.27% from a profit of ¥10,630,098.29 in the previous year[6] - Total operating revenue for the current period is CNY 205,792,108.23, a decrease of 25.1% from CNY 275,034,960.27 in the previous period[24] - Net profit for the current period is a loss of CNY 31,850,189.72, compared to a profit of CNY 7,070,684.50 in the previous period[26] - The basic and diluted earnings per share for the current period are both -0.14, compared to 0.08 in the previous period[27] Cash Flow - The net cash flow from operating activities improved to ¥44,333,723.95, a significant increase of 144.24% compared to a negative cash flow of ¥100,203,512.06 in the same period last year[6] - The net cash flow from operating activities is CNY 44,333,723.95, a significant improvement from a negative cash flow of CNY 100,203,512.06 in the previous period[27] - The net cash inflow from investment activities was -$14.48 million, a decrease from $148.79 million in the previous period[28] - The net cash flow from financing activities was $53.83 million, down from $107.33 million year-over-year[28] Assets and Liabilities - Total assets increased by 18.44% to ¥3,303,807,737.96 from ¥2,789,354,781.33 at the end of the previous year[6] - The total current liabilities have risen to ¥841,551,205.73 from ¥513,468,428.36, indicating a significant increase of about 63.9%[21] - The total liabilities amount to CNY 1,039,514,842.35, compared to CNY 945,919,073.94 in the previous period, indicating a rise in financial obligations[22] Equity and Shareholder Information - The company's total equity attributable to shareholders rose by 14.39% to ¥2,065,411,953.36 from ¥1,805,635,185.03 at the end of the previous year[6] - The total equity attributable to shareholders of the parent company is CNY 2,065,411,953.36, an increase from CNY 1,805,635,185.03 in the previous period[22] - The total number of common stock shareholders at the end of the reporting period is 20,502[15] - The top three shareholders, Wang Zhaochun, Fu Lin, and Cheng Jun, collectively hold 41.18% of the shares, with Wang Zhaochun holding 16.57%[15] Investments and Expenses - The company reported a significant increase in long-term investments, totaling ¥139,375,238.35, slightly down from ¥140,919,442.36[20] - Research and development expenses increased to CNY 49,900,323.10, up from CNY 40,209,874.01, reflecting a focus on innovation[25] - The company's financial expenses surged by 515.18% to ¥2,322,598.28, mainly due to a decrease in interest income[11] Other Financial Metrics - The fair value change gains increased by 605.59% to ¥1,675,252.71, attributed to higher gains from financial products[11] - The company has a total of ¥634,684,863.60 in accounts receivable, down from ¥648,059,039.57, showing a decrease of about 2%[20] - Inventory has increased to ¥531,081,750.27 from ¥335,855,739.24, representing a growth of approximately 58%[20] - Other comprehensive income after tax for the current period is CNY 61,617.60, down from CNY 129,554.94 in the previous period[26] Future Plans - The company plans to expand its market presence and is exploring new product development strategies[17] - The company has announced a plan for the early redemption of "Bo Jie Convertible Bonds" on March 14, 2025[17] Audit Status - The company’s first quarter report was not audited[30]