龙磁科技(300835) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥256,500,351.39, representing a 1.20% increase compared to ¥253,457,727.32 in the same period last year[5] - Net profit attributable to shareholders decreased by 7.50% to ¥28,471,484.12 from ¥30,778,517.19 year-on-year[5] - Basic and diluted earnings per share decreased by 6.91% to ¥0.2385 from ¥0.2562 in the same period last year[5] - Net profit for the current period was ¥26,979,773.53, down from ¥29,393,805.48 in the previous period, representing a decrease of about 4.8%[17] - The company recorded a profit before tax of ¥30,639,441.47, down from ¥31,380,644.58 in the previous period, a decrease of about 2.4%[17] Cash Flow and Liquidity - The net cash flow from operating activities significantly dropped by 87.20% to ¥3,301,286.35, down from ¥25,788,425.97 in the previous year[5] - Operating cash flow for the current period was ¥3,301,286.35, significantly lower than ¥25,788,425.97 in the previous period, indicating a decline in cash generation from operations[19] - The company reported a significant decrease in cash and cash equivalents, with a net decrease of ¥56,557,615.06, compared to an increase of ¥52,698,099.67 in the previous year[9] - The company's cash and cash equivalents decreased from ¥211,837,403.67 to ¥140,616,703.62, a decline of approximately 33.5%[14] - The net increase in cash and cash equivalents was -$56,557,615.06, contrasting with an increase of $52,698,099.67 last year[20] - The ending balance of cash and cash equivalents was $123,333,795.98, down from $185,470,376.38[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,254,919,131.45, a decrease of 1.36% from ¥2,285,914,802.44 at the end of the previous year[5] - Total assets decreased from ¥2,285,914,802.44 to ¥2,254,919,131.45, a decline of about 1.4%[15] - Total liabilities decreased from ¥1,181,534,809.32 to ¥1,118,305,945.76, a reduction of approximately 5.3%[15] - The company experienced a 70.87% reduction in current non-current liabilities due within one year, decreasing to ¥23,853,241.26 from ¥81,892,875.27[9] - Short-term borrowings increased from ¥530,535,480.60 to ¥586,359,053.79, an increase of about 10.6%[15] - The company’s long-term borrowings increased from ¥149,333,437.27 to ¥171,833,437.27, an increase of about 15.1%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 18,496, with the top ten shareholders holding significant stakes[10] - The company's equity attributable to shareholders increased by 3.18% to ¥1,094,872,116.41 from ¥1,061,147,213.25 at the end of the previous year[5] - The company’s total equity remained stable at ¥119,371,904.00[15] Government Subsidies and Expenses - The company received government subsidies amounting to ¥1,659,517.82, which was a decrease of 78.29% compared to the previous year[9] - Research and development expenses decreased to ¥14,948,428.09 from ¥18,553,685.76, a reduction of approximately 19%[16] Other Financial Metrics - Total operating revenue for the current period reached ¥256,500,351.39, an increase from ¥253,457,727.32 in the previous period, reflecting a growth of approximately 0.82%[16] - Total operating costs for the current period were ¥229,461,127.63, slightly lower than ¥229,498,900.89 in the previous period, showing a marginal decrease[16] - Other comprehensive income after tax for the current period was ¥4,086,139.12, compared to a loss of ¥4,005,164.08 in the previous period, indicating a positive turnaround[17] Future Plans - The company has plans for market expansion and new product development, although specific details were not disclosed in the earnings call[18]