Financial Performance - The company's revenue for Q1 2025 was ¥286,187,230.31, representing an increase of 18.94% compared to ¥240,606,647.15 in the same period last year[5]. - The net loss attributable to shareholders was ¥5,117,308.18, which is a 38.75% increase from a loss of ¥3,688,241.86 in the previous year[5]. - The company's basic and diluted earnings per share were both -¥0.03, a decrease of 50.00% from -¥0.02 in the same period last year[5]. - The net profit for the current period was a loss of ¥5,117,308.18, compared to a loss of ¥3,688,241.86 in the previous period, reflecting a deterioration in performance[20]. - The basic and diluted earnings per share were both -0.03, compared to -0.02 in the previous period[21]. Cash Flow - The net cash flow from operating activities decreased by 31.79% to -¥88,894,891.83, compared to -¥67,451,156.85 in the same period last year[5]. - Cash flow from operating activities showed a net outflow of ¥88,894,891.83, worsening from a net outflow of ¥67,451,156.85 in the prior period[21]. - Cash flow from investing activities resulted in a net outflow of ¥24,273,210.24, compared to a net outflow of ¥26,940,408.73 in the previous period[22]. - Cash flow from financing activities generated a net inflow of ¥67,898,375.95, contrasting with a net outflow of ¥795,519.83 in the previous period[22]. Assets and Liabilities - Total assets increased by 5.03% to ¥1,138,078,953.82 from ¥1,083,621,562.23 at the end of the previous year[5]. - The total liabilities of the company rose to RMB 330,357,979.39 from RMB 271,006,580.27, indicating an increase of around 22.00%[17]. - As of March 31, 2025, the company's total assets amounted to RMB 1,138,078,953.82, an increase from RMB 1,083,621,562.23 at the beginning of the period, reflecting a growth of approximately 5.04%[16]. Accounts Receivable and Borrowings - Accounts receivable increased by 169.64% compared to the end of the previous year, primarily due to increased customer credit to expand the market[9]. - Accounts receivable increased significantly to RMB 114,588,518.80 from RMB 42,497,367.88, marking a rise of approximately 169.88%[16]. - Short-term borrowings increased by 80.70% compared to the end of the previous year, attributed to new short-term financing[9]. - Financial expenses rose by 171.17% year-on-year, mainly due to increased interest expenses from additional borrowings[9]. Cash Management and Investments - The company approved a cash management plan allowing the use of up to RMB 50 million of idle funds for a period of 12 months[12]. - The company plans to invest approximately RMB 37,874.84 million in the construction of the Boen Biological Industry Park project[14]. - The company has set a comprehensive credit limit application for 2025 not exceeding RMB 1.5 billion, valid for 12 months[12]. - The company will provide guarantees for subsidiaries with a total limit of RMB 1.8 billion for financing purposes, effective for 12 months[12]. - The company plans to use up to RMB 12 million of idle funds to temporarily supplement working capital, with a usage period not exceeding 12 months[13]. Other Financial Metrics - The company's cash and cash equivalents decreased to RMB 245,845,355.15 from RMB 291,418,921.27, representing a decline of about 15.63%[16]. - The ending cash and cash equivalents balance was ¥240,108,242.65, down from ¥251,823,968.62 in the previous period[22]. - The company reported a tax expense of ¥907,690.04 for the current period, compared to ¥278,603.84 in the previous period[20]. - The company reported a significant increase of 8,635.10% in net cash flow from financing activities, reflecting higher cash inflows from borrowings[9]. - The company reported a decrease in retained earnings to RMB 232,413,396.11 from RMB 237,530,704.29, a decline of about 2.52%[18]. Audit Status - The company has not yet audited the first quarter report for 2025[23].
播恩集团(001366) - 2025 Q1 - 季度财报