AIM(300446)2025-04-27 07:41Financial Performance - The company's revenue for Q1 2025 reached ¥2,154,952,491, representing a 13.66% increase compared to ¥1,895,881,137 in the same period last year[5] - Net profit attributable to shareholders was ¥186,005,105.50, up 11.30% from ¥167,123,862.92 year-on-year[5] - The company reported a total of 533,873,694 shares with a current limit release of 62,023,754 shares, resulting in an ending limit of 471,849,940 shares[15] - Total operating revenue for the current period reached ¥2,154,952,491, an increase of 13.6% compared to ¥1,895,881,137.92 in the previous period[22] - Net profit for the current period was ¥226,309,886.07, representing a 17.7% increase from ¥192,315,627.17 in the previous period[24] - Earnings per share (EPS) for the current period was ¥0.2200, compared to ¥0.1977 in the previous period, indicating a growth of 12.0%[24] Cash Flow and Investments - The net cash flow from operating activities improved significantly to ¥61,729,980.01, a 277.38% increase from a negative cash flow of -¥34,800,216.14 in the previous year[5] - Operating cash inflow for the current period was 1,339,758,805.67 in the previous period, representing a growth of approximately 2.5%[26] - Cash outflow from investment activities totaled 98,240,591.80 in the previous period, indicating a substantial increase in investment expenditures[27] - Net cash flow from investment activities was -98,237,407.26 in the previous period[27] - The company reported a cash inflow of $130,000,000.00 from investment recoveries, with no previous inflow recorded[27] Assets and Liabilities - The company's total assets decreased by 3.55% to ¥9,738,785,710.99 from ¥10,097,735,063.86 at the end of the previous year[5] - Total liabilities decreased to ¥3,940,304,596.03 from ¥4,532,162,646.27, a reduction of 13.1%[20] - Non-current assets totaled ¥2,863,412,638.39, down from ¥3,063,938,836.90, a decrease of 6.5%[20] - Current liabilities decreased to ¥3,573,434,712.92 from ¥4,175,032,984.20, a decline of 14.4%[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 49,079, with no preferred shareholders[10] - The largest shareholder, Sichuan Aerospace Chuan Nan Explosive Technology Co., Ltd., holds 18.44% of shares, totaling 155,868,149 shares[11] - Sichuan Aerospace Industrial Group Co., Ltd. is the second largest shareholder with a 14.27% stake, amounting to 120,681,151 shares[11] - Aerospace Investment Holdings Co., Ltd. holds 9.29% of shares, which is 78,502,118 shares[11] - China Lucky Group Co., Ltd. owns 7.34% of shares, totaling 62,023,754 shares[11] - The total number of shares held by the top 10 shareholders includes significant stakes from state-owned enterprises, indicating a strong government influence[12] Operational Changes - The company plans to delay the implementation of two fundraising projects, including the shale gas development project and the R&D center construction project, with a new completion date for the military blasting equipment project set for September 30, 2026[16] - The company appointed Xu Wanbin as the new Vice General Manager, who will also take on the role of financial officer, effective immediately[16] Other Financial Metrics - Financial expenses decreased by 108.74% to -¥223,780.50, mainly due to reduced interest expenses from repaying short-term loans[8] - Other income rose by 66.53% to ¥46,221,620.77, driven by increased government subsidies and VAT deductions[8] - Research and development expenses increased to ¥92,526,747.40 from ¥77,300,929.89, reflecting a growth of 19.6%[23] - The company reported an investment income of ¥3,053,084.21, up from ¥1,204,368.81, indicating a significant increase of 153.5%[23]