Financial Performance - The company's revenue for Q1 2025 was ¥207,705,905.20, a decrease of 11.72% compared to ¥235,283,890.71 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥11,238,263.11, representing a decline of 236.51% from a profit of ¥8,232,474.15 in the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥12,161,483.84, down 252.70% from ¥7,964,117.05 in the same period last year[5] - Total operating revenue for the current period was ¥207,705,905.20, a decrease of 11.7% from ¥235,283,890.71 in the previous period[19] - Net profit for the current period was a loss of ¥11,238,263.11, compared to a profit of ¥8,232,474.15 in the previous period[20] Cash Flow and Assets - The net cash flow from operating activities increased significantly by 1,287.78% to ¥117,171,969.53, compared to ¥8,443,104.90 in the previous year[5] - Cash received from sales of goods and services increased by 36.34% to ¥35,921.40 million, attributed to higher collections from accounts receivable[10] - The company reported a significant increase of 233.33% in cash received from investment activities, totaling ¥10,000.00 million, due to increased redemptions of investment products[10] - Cash and cash equivalents at the end of the period totaled ¥867,234,505.48, slightly up from ¥864,648,280.46 in the previous period[22] - The company's cash and cash equivalents at the end of the period amount to ¥877,303,072.09, an increase from ¥856,640,765.16 at the beginning of the period[15] Liabilities and Equity - Total liabilities decreased to ¥274,517,305.01 from ¥318,902,443.94, reflecting a reduction of approximately 13.9%[18] - The total current liabilities decreased to ¥271,292,868.10 from ¥315,400,348.70[16] - The total assets at the end of the reporting period were ¥2,166,229,844.82, a decrease of 2.56% from ¥2,223,074,210.19 at the end of the previous year[5] - The total current assets decreased to ¥1,463,076,599.69 from ¥1,506,197,714.08[15] - The total non-current assets amount to ¥703,153,245.13, down from ¥716,876,496.11[16] Shareholder Information - Total number of common shareholders at the end of the reporting period is 40,316[13] - The largest shareholder, Huizhou Huifengbao Equity Investment Partnership, holds 30.05% of shares, totaling 124,213,228 shares[13] Expenses and Impairments - The company's financial expenses increased by 51.55% to -¥783.07 million, primarily due to changes in exchange gains and interest income[9] - The company experienced a 1,416.91% increase in credit impairment losses, amounting to ¥610.94 million, due to the reversal of bad debt provisions for accounts receivable[11] - The company reported a significant increase in credit impairment losses, amounting to ¥6,109,354.15, compared to ¥402,749.07 in the previous period[20] - The company incurred an asset impairment loss of ¥18,045,080.06, worsening from a loss of ¥12,638,229.04 in the previous period[20] - Research and development expenses were ¥20,944,275.70, a decrease of 7% from ¥22,523,991.71[19] Reporting and Standards - The first quarter report of Guangdong Green Precision Components Co., Ltd. is unaudited[24] - The new accounting standards will be implemented starting from 2025[24] - The financial statement adjustments related to the first year of implementation will be disclosed at the beginning of the year[24] - The board of directors announced the first quarter report on April 28, 2025[24]
格林精密(300968) - 2025 Q1 - 季度财报