威力传动(300904) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 reached ¥110,320,711.82, a significant increase of 284.46% compared to ¥28,695,036.47 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥17,545,505.45, worsening by 125.71% from a loss of ¥7,773,412.58 in the previous year[5] - Total operating revenue for Q1 2025 reached ¥110,320,711.82, a significant increase from ¥28,695,036.47 in the same period last year, representing a growth of 284.5%[20] - The net loss for Q1 2025 was ¥17,545,505.45, compared to a net loss of ¥7,773,412.58 in Q1 2024, reflecting a deterioration in profitability[21] - The company reported a basic and diluted earnings per share of -0.24 for Q1 2025, worsening from -0.11 in Q1 2024[21] Cash Flow - The net cash flow from operating activities improved to -¥24,678,534.57, a 44.46% increase compared to -¥44,431,358.65 in the previous year[5] - Cash inflow from operating activities totaled $144.66 million, a significant increase from $54.47 million in the previous period, representing a growth of 165.5%[24] - Cash outflow from operating activities was $169.34 million, compared to $98.90 million in the prior period, indicating an increase of 71.1%[24] - Net cash flow from operating activities was -$24.68 million, an improvement from -$44.43 million year-over-year[24] - Cash inflow from financing activities amounted to $293.73 million, a substantial rise from $27.31 million in the previous period, reflecting an increase of 975.5%[25] - Net cash flow from financing activities surged by 1,623.02% to ¥243,704,959.66, mainly due to increased loans for the accelerator smart factory project[12] - Cash outflow from financing activities was $59.14 million, compared to $13.17 million, indicating an increase of 348.5%[25] - Net cash flow from financing activities was $234.58 million, a significant increase from $14.14 million year-over-year[25] Assets and Liabilities - Total assets increased by 15.95% to ¥2,442,924,441.81 from ¥2,106,926,524.09 at the end of the previous year[5] - Current liabilities rose to ¥816,603,996.81 from ¥646,675,161.51, an increase of 26.3%[18] - Non-current liabilities increased to ¥889,342,277.93 from ¥707,185,016.74, representing a growth of 25.7%[18] - Total current assets amount to 59,136,259.50 RMB, down from 70,957,727.12 RMB at the beginning of the period, a decrease of approximately 16.5%[16] - The total equity attributable to shareholders decreased by 2.14% to ¥736,978,167.07 from ¥753,066,345.84 at the end of the previous year[5] Inventory and Expenses - The company reported a significant increase in inventory, which rose by 41.48% to ¥267,852,924.11, primarily due to preparations for new projects[10] - Research and development expenses increased by 30.23% to ¥15,405,237.26, reflecting higher investment in R&D materials and personnel[11] - Total operating costs for Q1 2025 were ¥141,199,827.22, up from ¥62,243,250.27, indicating an increase of 126.5%[20] - The company experienced a 67.31% reduction in financial expenses, amounting to ¥907,913.34, attributed to increased foreign exchange gains[11] Shareholder Information - Total number of common shareholders at the end of the reporting period is 8,461[14] - Major shareholder Li Abbo holds 48.74% of shares, totaling 35,280,000 shares[14] - Major shareholder Li Xiang holds 20.89% of shares, totaling 15,120,000 shares[14] - The company has no preferred shareholders or changes in restricted shares during the reporting period[15] - There are no changes in the top 10 shareholders or their participation in margin trading[15] - The company has not disclosed any related party transactions or agreements among shareholders[15]