高乐股份(002348) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥52,518,643.48, representing a 14.82% increase compared to ¥45,739,443.95 in the same period last year[5] - The net profit attributable to shareholders was -¥14,846,533.91, a decline of 13.34% from -¥13,098,935.58 year-over-year[5] - The net loss for the current period was ¥14,854,072.23, compared to a net loss of ¥13,122,777.96 in the previous period, reflecting a deterioration in performance[22] - The company reported a comprehensive loss of ¥15,023,245.08 for the current period, compared to a comprehensive loss of ¥13,052,778.05 in the previous period[23] - The basic and diluted earnings per share were both reported at -0.0157, compared to -0.0138 in the previous period, reflecting a decline in profitability[22] Cash Flow and Liquidity - The net cash flow from operating activities was -¥8,200,886.80, which is a 14.62% decrease compared to -¥7,154,925.08 in the previous year[5] - Cash flow from operating activities showed a net outflow of ¥8,200,886.80, worsening from a net outflow of ¥7,154,925.08 in the previous period[24] - Investment activities generated a net cash flow of -1,624,158.34, compared to -1,409,817.74 in the previous period, indicating an increase in cash outflow[25] - Financing activities resulted in a net cash flow of -1,326,423.75, a significant decrease from a positive net cash flow of 5,540,666.38 in the prior period[25] - Cash and cash equivalents decreased by 11,200,384.55, compared to a decrease of 3,027,718.71 in the previous period[25] - The ending balance of cash and cash equivalents was 21,207,697.82, down from 32,408,082.37 at the beginning of the period[25] - The company received 30,000,000.00 in cash from borrowings, down from 50,000,000.00 in the previous period[25] - Cash paid for debt repayment was 30,000,000.00, compared to 43,283,394.08 in the prior period, reflecting a decrease in cash outflow for debt[25] - Cash paid for dividends and interest was 987,744.99, an increase from 833,224.22 in the previous period[25] - The impact of exchange rate changes on cash and cash equivalents was -48,915.66, compared to -3,642.27 in the previous period[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥716,963,639.13, down 1.82% from ¥730,235,534.92 at the end of the previous year[5] - The equity attributable to shareholders decreased by 3.28% to ¥442,672,914.95 from ¥457,688,621.71 at the end of the previous year[5] - The total liabilities amounted to ¥274,106,692.11, a slight increase from ¥272,355,342.82 in the previous period[19] - Current liabilities increased to CNY 246,805,400.96 from CNY 244,568,880.98, reflecting an increase of about 0.91%[18] - Total non-current assets decreased to CNY 492,338,442.83 from CNY 498,954,596.83, a decline of about 1.34%[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 51,860[10] - The largest shareholder, Huadong Group Co., Ltd., holds 14.00% of the shares, with 79,564,800 shares pledged[11] - The company has a total of 10 major shareholders, with significant holdings including Huadong Group Limited at 132,608,000 shares[12] Expenses - The company reported a significant increase in sales expenses, which rose by 82.28% to ¥9,573,416.66 due to enhanced business expansion efforts[9] - Total operating costs increased to ¥69,517,206.31, up 17.5% from ¥59,165,167.44 in the previous period[21] - The company incurred research and development expenses of ¥3,481,898.40, slightly up from ¥3,268,622.43 in the previous period, indicating continued investment in innovation[21] - Sales expenses increased significantly to ¥9,573,416.66, compared to ¥5,251,920.69 in the previous period, reflecting higher marketing efforts[21] Legal Proceedings - The company has initiated legal proceedings for a performance compensation of CNY 183 million due to underperformance, with ongoing litigation[13] - The company has received a favorable first-instance judgment regarding the performance compensation case, but the final outcome remains uncertain as the defendants have appealed[15] Accounting Standards - The company did not undergo an audit for the first quarter report[26] - The new accounting standards will be first implemented starting in 2025[26]