Financial Performance - The company's revenue for Q1 2025 was ¥155,510,795.59, representing a 12.42% increase compared to ¥138,329,770.23 in the same period last year[5] - Net profit attributable to shareholders was ¥923,506.06, a significant turnaround from a loss of ¥5,053,261.90 in the previous year, marking an increase of 118.28%[5] - The net profit after deducting non-recurring gains and losses was ¥796,904.98, compared to a loss of ¥5,225,710.18 last year, reflecting a 115.25% improvement[5] - The net profit for the current period was a loss of ¥1,054,753.44, an improvement from a loss of ¥8,719,489.58 in the previous period[22] - The company reported a basic earnings per share of ¥0.0065, compared to a loss per share of ¥0.0499 in the previous period[23] Cash Flow - The company's cash flow from operating activities improved to -¥21,054,634.64, a 64.67% reduction in losses from -¥59,593,772.76 in the previous year[5] - Cash inflow from operating activities totaled ¥121,307,636.10, compared to ¥106,035,289.32 in the previous period, showing a positive trend[24] - Cash outflow for repayment of debts was 61,582,500.00, an increase from 50,600,000.00, indicating higher debt servicing costs[25] - The net increase in cash and cash equivalents was -25,876,077.04, compared to -37,872,149.07 previously, indicating an improvement in cash management[25] - The ending balance of cash and cash equivalents was 32,778,365.52, down from 34,933,831.06, showing a decline in liquidity[25] Assets and Liabilities - Total assets increased by 2.13% to ¥1,086,262,141.82 from ¥1,063,556,345.30 at the end of the previous year[5] - The company's total liabilities increased to CNY 416,043,411.98 from CNY 393,323,362.45, reflecting a growth of approximately 5.8%[18] - Short-term borrowings rose by 92.17% to ¥57,694,364.38, primarily to supplement working capital[9] - Total current liabilities increased to CNY 267,906,761.52 from CNY 241,189,323.15, reflecting a growth of about 11.0%[18] - The total liabilities increased to ¥419,017,461.92 from ¥396,393,874.60, reflecting a rise of 5.5%[19] Operational Expenses - The company reported a 48.96% increase in selling expenses, totaling ¥6,307,324.68, due to expanded operations and related costs[9] - Total operating costs amounted to ¥154,668,189.94, up from ¥145,931,404.22, reflecting a growth of 6.3%[21] - Research and development expenses increased to ¥11,633,786.25, compared to ¥10,636,836.73 in the previous period, indicating a focus on innovation[21] Other Financial Metrics - Other income surged by 160.38% to ¥1,091,748.61, driven by benefits from VAT policy adjustments[9] - The weighted average return on equity improved to 0.15%, up from -0.87% in the previous year[5] - The company recorded a tax expense of ¥400,458.29, compared to a tax benefit of ¥560,440.35 in the previous period[22] Shareholder Information - The company has a total of 82,785,500 shares under lock-up agreements, with the earliest release date set for June 8, 2025[15] Future Considerations - The company has not undergone an audit for the first quarter report, which may affect investor confidence[26] - The new accounting standards will be implemented starting in 2025, which may impact future financial reporting[27]
腾亚精工(301125) - 2025 Q1 - 季度财报