*ST红相(300427) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥113,780,789.05, representing a 75.15% increase compared to ¥64,961,424.80 in the same period last year[5]. - Net profit attributable to shareholders was ¥15,480,562.12, a significant turnaround from a loss of ¥32,788,141.41 in the previous year, marking a 147.21% improvement[5]. - Basic earnings per share increased to ¥0.0304 from -¥0.0906, reflecting a 133.55% improvement[5]. - The net profit for the reporting period was 15.29 million yuan, a 145.18% increase compared to a net loss of 33.83 million yuan in the previous year[15]. - Operating profit improved to ¥20,153,399.52 compared to a loss of ¥35,672,206.80 in the previous period, indicating a turnaround in profitability[31]. - The company recorded a total comprehensive income of ¥15,287,602.46, compared to a loss of ¥33,877,618.10 in the previous period[31]. Cash Flow - The net cash flow from operating activities was -¥36,395,336.28, which is a decline of 188.99% compared to -¥12,593,950.51 in the same period last year[5]. - The net cash flow from operating activities decreased by 23.80 million yuan, down 188.99%, primarily due to reduced sales collections compared to the previous year[19]. - The net cash flow from investing activities decreased by 16.15 million yuan, a 100.04% decline, mainly due to the previous year's receipt of equity transfer payments from a subsidiary sale[19]. - The net cash flow from financing activities increased by 12.29 million yuan, an 88.64% rise, due to a decrease in cash used for debt repayment[19]. - The company received cash inflows from financing activities totaling ¥41,984,242.29, with a net cash outflow of ¥15,743,104.96 from financing activities[35]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,679,144,626.69, down 1.92% from ¥1,712,011,734.01 at the end of the previous year[5]. - The company's total current assets decreased from CNY 1,169,311,112.28 at the beginning of the period to CNY 1,150,573,695.52 at the end of the period, a decline of approximately 1.36%[27]. - The company's total liabilities decreased from CNY 496,098,042.38 to CNY 445,959,090.31, representing a reduction of about 10.06%[28]. - The total liabilities decreased by ¥5,013,900, a decline of 10.11% from ¥49,609,820 at the beginning of the year[11]. - The company's cash and cash equivalents decreased from CNY 279,342,082.29 to CNY 227,173,714.63, a decrease of about 18.66%[27]. - The company's total equity attributable to shareholders increased from CNY 1,213,552,692.10 to CNY 1,231,017,997.43, an increase of approximately 1.44%[29]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 33,666, with the largest shareholder holding 11.76% of the shares[21]. - The company has a total of 86,820,304 shares held by major shareholders Yang Baotian and Yang Cheng, accounting for 17.08% of the total share capital, making them the actual controllers of the company[22]. Operating Costs and Expenses - Operating costs rose by 20.62 million yuan, a 48.51% increase year-on-year, mainly due to the increase in operating revenue[15]. - Management expenses decreased by 9.99 million yuan, down 42.56% year-on-year, attributed to reduced employee compensation and lower service fees from intermediary agencies[16]. - Financial expenses saw a significant reduction of 12.71 million yuan, a 100.11% decrease, due to a substantial decline in loan balances and the completion of convertible bond conversions[16]. - Research and development expenses decreased to ¥8,902,135.03 from ¥11,274,995.00, reflecting a reduction of approximately 21%[30]. - The company incurred a financial expense of -¥14,319.85, a significant decrease from ¥12,692,892.05 in the previous period, indicating improved financial management[30]. Government Subsidies and Non-Operating Income - The company reported a government subsidy of ¥1,492,281.16, which is closely related to its normal business operations[6]. - The company reported a significant increase in non-operating income, which rose by 556.1 thousand yuan, a 10,492.45% increase, due to gains unrelated to daily operations[17].