兴源环境(300266) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥165,961,322.29, a decrease of 4.70% compared to ¥174,145,119.85 in the same period last year[5] - The net loss attributable to shareholders was ¥25,869,351.48, representing a 29.13% increase from a loss of ¥20,034,000.91 in the previous year[5] - The basic and diluted earnings per share were both -¥0.0166, a decline of 28.68% from -¥0.0129 in the same quarter last year[5] - Net profit for the period was a loss of ¥28,019,850.52, compared to a loss of ¥23,891,447.07 in the previous period, indicating a worsening of approximately 17.7%[22] - Operating profit showed a loss of ¥25,540,411.59, compared to a loss of ¥12,810,703.74 in the prior period, reflecting a significant increase in losses[22] - The total comprehensive income amounted to -28,019,850.52 CNY, compared to -23,891,447.07 CNY in the previous period, reflecting a decrease of about 17.8%[23] Cash Flow - The net cash flow from operating activities increased significantly by 372.75%, reaching ¥46,878,710.61 compared to ¥9,916,082.13 in Q1 2024[5] - Cash inflows from operating activities totaled 485,047,204.67 CNY, down from 549,950,770.01 CNY, representing a decline of approximately 11.8%[25] - The net cash flow from financing activities improved by 138.40%, totaling ¥5,939,000.00 compared to -¥15,467,680.00 in Q1 2024, due to new borrowings secured by the controlling shareholder[10] - Cash inflows from financing activities reached 415,689,999.11 CNY, compared to 143,241,978.53 CNY in the previous period, marking an increase of about 190%[27] - The net cash flow from financing activities was 59,389,959.10 CNY, a turnaround from a negative cash flow of -154,676,751.93 CNY in the previous period[27] - The cash and cash equivalents at the end of the period were 503,502,706.22 CNY, up from 418,329,294.49 CNY, indicating an increase of approximately 20.4%[27] Assets and Liabilities - Total assets at the end of Q1 2025 were ¥9,545,071,900.31, a slight decrease of 0.73% from ¥9,614,929,692.86 at the end of the previous year[5] - Current liabilities totaled ¥5,896,975,066.41, a slight decrease from ¥5,958,865,463.30, indicating a reduction of approximately 1.0%[19] - Long-term borrowings increased to ¥1,637,714,346.09 from ¥1,628,557,138.08, showing a growth of about 0.7%[19] - The company's total liabilities decreased to ¥8,800,075,806.58 from ¥8,852,388,791.29, a reduction of approximately 0.6%[19] - The total equity attributable to shareholders decreased to ¥65,357,192.16 from ¥91,239,271.87, a decline of about 28.4%[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 35,699, with the top ten shareholders holding significant stakes in the company[12] - The company reported a total of 213,824,997 shares held by New Hope Investment Group, representing a significant portion of the total shares outstanding[13] - The top 10 unrestricted shareholders collectively hold 588,496,583.16 RMB in cash and cash equivalents, an increase from 547,190,834.14 RMB at the beginning of the period[17] - Shanghai Tianyi Dao Investment Management Co., Ltd. holds 37,278,800 shares through the Tianyi Dao New Hong 18 Private Securities Investment Fund, indicating strong institutional support[13] - The total number of shares held by Ningbo Jin Feng Intelligent Technology Co., Ltd. is 193,894,674, indicating a strong investment position[13] - The company has established a three-year agreement for coordinated voting rights among certain shareholders, enhancing governance[13] Government Support and Other Income - The company received government subsidies amounting to ¥7,220,086.41, which positively impacted its financial performance[7] - The company reported a significant increase in other income, which rose by 455.86% to ¥755,680.00, attributed to substantial government subsidies for smart workshop renovations[10] Research and Development - Research and development expenses increased to ¥10,874,948.71 from ¥10,250,372.25, reflecting a growth of approximately 6.1% year-over-year[22]