鲁阳节能(002088) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥542,185,680.75, a decrease of 22.61% compared to ¥700,607,651.50 in the same period last year[4] - Net profit attributable to shareholders was ¥60,040,517.47, down 27.19% from ¥82,461,512.61 year-on-year[4] - Basic earnings per share decreased by 25.00% to ¥0.12 from ¥0.16 in the previous year[6] - Total operating revenue for the current period was ¥542,185,680.75, a decrease of 22.6% from ¥700,607,651.50 in the previous period[24] - Net profit for the current period was ¥60,040,517.47, representing a decline of 27.1% compared to ¥82,461,512.61 in the previous period[26] - Basic and diluted earnings per share were both ¥0.12, down from ¥0.16 in the previous period[27] - The company reported a total comprehensive income of ¥60,281,590.11, down from ¥82,572,307.81 in the previous period[27] Cash Flow and Liquidity - Cash flow from operating activities showed a net outflow of ¥43,522,335.42, a decline of 155.97% compared to a net inflow of ¥77,764,145.98 in the same period last year[4] - Cash inflow from operating activities totaled ¥630,308,948.22, a decrease from ¥836,004,831.29 in the previous period[28] - Net cash flow from operating activities was -$43.52 million, a decrease from $77.76 million in the previous period, indicating a significant decline in operational performance[29] - The net increase in cash and cash equivalents decreased by 199.14% to a net outflow of ¥102,660,596.46, primarily due to reduced cash receipts from sales[12] - The ending balance of cash and cash equivalents stood at $588.89 million, down from $646.47 million at the end of the previous period[30] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,736,085,135.13, down 5.11% from ¥3,937,409,853.98 at the end of the previous year[6] - Current assets decreased from CNY 2,940,102,235.36 to CNY 2,762,876,897.93, representing a reduction of about 6.0%[19] - Total liabilities amounted to ¥780,742,325.55, a reduction from ¥1,044,152,132.05 in the previous period[22] - Current liabilities decreased from CNY 1,013,935,283.68 to CNY 752,370,070.99, a decline of about 26.0%[21] Expenses and Costs - Total operating costs decreased to ¥475,482,411.62, down 22.0% from ¥609,922,580.95 in the previous period[24] - Research and development expenses decreased by 83.34% to ¥4,426,000.00 from ¥26,587,720.54 year-on-year[10] - Research and development expenses significantly decreased to ¥4,431,195.04 from ¥26,592,915.58 in the previous period, indicating a strategic shift[25] Employee Compensation and Tax - The company reported a significant decrease in employee compensation payable from CNY 86,130,804.34 to CNY 44,841,726.40, a decline of approximately 48.0%[21] - The company paid $140.78 million in employee compensation, up from $129.99 million, reflecting increased labor costs[29] - Tax payments increased to $43.06 million from $29.24 million, indicating a rise in tax liabilities[29] - The company reported a significant increase in tax refunds received, which rose by 228.69% to ¥11,000,000.00 compared to the previous year[11] Other Financial Metrics - The weighted average return on equity decreased to 2.05% from 2.90% year-on-year, reflecting a decline of 0.85%[6] - The company's short-term borrowings were recorded at CNY 200,000.00, indicating a new borrowing strategy[21] - Cash flow from investment activities showed a net outflow of $6.91 million, compared to a net outflow of $25.48 million in the prior period, reflecting reduced investment expenditures[29] - Cash flow from financing activities resulted in a net outflow of $915,518.81, increasing from a net outflow of $638,701.29 previously, indicating higher financing costs[30] Audit Status - The company has not yet audited its first-quarter report for 2025, which may impact the reliability of the financial data presented[31]