康欣新材(600076) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 57,212,497.99, representing an increase of 8.96% compared to CNY 52,505,873.56 in the same period last year[4]. - The net profit attributable to shareholders was a loss of CNY 45,507,149.74, worsening from a loss of CNY 33,648,255.67 year-over-year[4]. - The net cash flow from operating activities was negative at CNY -12,264,283.96, a significant decline from CNY 3,274,129.72 in the previous year, marking a decrease of 474.58%[4]. - The company's basic and diluted earnings per share remained at CNY -0.03, unchanged from the previous year[4]. - The weighted average return on equity decreased by 0.36 percentage points to -1.14% from -0.78% year-over-year[4]. - The total comprehensive loss for Q1 2025 was ¥46,644,654.72, compared to a comprehensive loss of ¥34,484,110.35 in Q1 2024[18]. Assets and Liabilities - Total assets decreased by 1.12% to CNY 6,727,966,265.63 from CNY 6,804,470,576.62 at the end of the previous year[5]. - As of March 31, 2025, the total assets of the company amounted to CNY 6,727,966,265.63, a decrease from CNY 6,804,470,576.62 as of December 31, 2024[12][14]. - The company's current assets totaled CNY 4,150,317,066.26, slightly down from CNY 4,193,551,322.49 in the previous period[12]. - Total liabilities decreased to CNY 2,675,322,486.98 from CNY 2,705,219,011.08, a decline of about 1.1%[14]. - The total equity attributable to shareholders decreased to CNY 3,962,886,209.41 from CNY 4,008,374,556.55, a decrease of about 1.14%[14]. Cash Flow - Cash flow from operating activities showed a net outflow of ¥12,264,283.96 in Q1 2025, a decline from a net inflow of ¥3,274,129.72 in Q1 2024[20]. - Cash flow from investing activities resulted in a net outflow of ¥30,556,504.13 in Q1 2025, compared to a net outflow of ¥2,300,951.79 in Q1 2024[21]. - Cash flow from financing activities recorded a net outflow of ¥27,152,491.04 in Q1 2025, contrasting with a net inflow of ¥965,504.64 in Q1 2024[21]. - The ending cash and cash equivalents balance for Q1 2025 was ¥109,619,848.37, down from ¥179,261,295.97 in Q1 2024[21]. Operating Costs and Expenses - The company experienced a 30.60% increase in operating costs, primarily due to fixed costs being transferred to the production line[7]. - Total operating costs rose to ¥104,897,517.87 in Q1 2025, up 19.5% from ¥87,781,089.36 in Q1 2024[17]. - Research and development expenses decreased by 67.12%, attributed to reduced investment in R&D personnel costs[7]. - Research and development expenses decreased to ¥82,460.56 in Q1 2025 from ¥250,788.25 in Q1 2024, a reduction of 67.2%[17]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 45,891[9]. - The company reported a total of 10 major shareholders, with the largest being Wuxi Construction Development Investment Co., Ltd., holding 38.44% of shares[10]. - There were no significant changes in the shareholder structure or any involvement in margin trading activities during the reporting period[10].