Baination(SZ:300291)2025-04-27 07:35Revenue and Profitability - The company's revenue for Q1 2025 was ¥68,611,299.32, representing a 38.01% increase compared to ¥49,713,427.96 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥823,543.93, a decline of 123.37% from a profit of ¥3,523,995.35 in the previous year[5] - Total operating revenue for the current period reached ¥68,611,299.32, an increase of 37.9% compared to ¥49,713,427.96 in the previous period[21] - The company reported a net profit of -10,726,548.31, a decrease from -20,042,647.96 in the previous period, indicating an improvement of approximately 46.5%[22] - The total comprehensive income amounted to -10,730,950.07, compared to -20,042,647.96 in the previous period, showing an improvement of approximately 46.5%[23] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly, with a net outflow of ¥12,173,048.42, an 88.97% reduction from a net outflow of ¥110,402,390.31 in the same period last year[5] - Operating cash flow was negative at -12,173,048.42, an improvement from -110,402,390.31 in the previous period[25] - Cash and cash equivalents increased to ¥379,985,346.29 from ¥263,296,672.62, a significant rise of 44.2%[17] - The company’s cash and cash equivalents at the end of the period totaled 379,983,239.70, down from 510,725,715.22[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,766,822,372.69, a slight decrease of 0.04% from ¥3,768,184,151.86 at the end of the previous year[5] - Current assets totaled ¥3,250,474,069.91, slightly increasing from ¥3,246,017,820.16 at the beginning of the period[18] - Total liabilities rose to ¥732,988,148.20 from ¥723,618,977.30, indicating a growth of 1.9%[19] - Total equity decreased to ¥3,033,834,224.49 from ¥3,044,565,174.56, a decline of 0.4%[19] Operating Costs and Expenses - The company experienced a 30.16% increase in operating costs, totaling ¥5,940.57 million compared to ¥4,564.14 million in the previous year[11] - Total operating costs amounted to ¥86,552,152.88, up 18.2% from ¥73,219,802.74 in the prior period, with operating costs specifically rising to ¥59,405,744.79 from ¥45,641,421.39[21] - The company incurred sales expenses of 8,614,486.54, down from 10,524,301.77, reflecting a reduction of approximately 18.2%[22] - The company’s management expenses increased to 17,650,032.03 from 16,919,145.06, reflecting an increase of approximately 4.3%[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 36,884, with the largest shareholder holding 26.76% of the shares[14] Investment Income - Investment income decreased by 30.71% to ¥1,258.26 million from ¥1,815.84 million in the previous year, attributed to cash liquidity management[11] - The company reported investment income of 12,582,605.98, down from 18,158,361.20, indicating a decrease of about 30.9%[22] Inventory and Receivables - Inventory increased to ¥1,476,091,048.87 from ¥1,380,099,148.17, reflecting a growth of 6.9%[18] - Accounts receivable decreased to ¥425,651,134.58 from ¥485,563,555.58, a reduction of 12.3%[17] Government Subsidies - The company received government subsidies amounting to ¥1,420,000.00, contributing to an 84.42% increase in other income[11]