Chahua(SH:603615)2025-04-28 07:50Financial Performance - The company's operating revenue for Q1 2025 was ¥136,055,298.71, a decrease of 4.05% compared to ¥141,792,333.96 in the same period last year[4] - The net profit attributable to shareholders was -¥1,476,979.78, worsening from -¥931,338.10 year-on-year[4] - Basic and diluted earnings per share were both -¥0.0061, compared to -¥0.0039 in the same period last year[4] - Total operating revenue for Q1 2025 was ¥136,055,298.71, a decrease of 4.9% from ¥141,792,333.96 in Q1 2024[17] - Net profit for Q1 2025 was a loss of ¥1,476,979.78, compared to a loss of ¥931,338.10 in Q1 2024, representing an increase in loss of 58.6%[19] - Basic and diluted earnings per share for Q1 2025 were both -¥0.0061, compared to -¥0.0039 in Q1 2024[19] Cash Flow - The net cash flow from operating activities was -¥71,164,138.41, a significant decline from ¥12,071,534.53 in the previous year[4] - Cash inflow from operating activities in Q1 2025 was ¥141,468,460.23, a decrease of 16.6% from ¥169,707,418.06 in Q1 2024[20] - Cash paid for purchasing goods and services in Q1 2025 was ¥150,456,211.58, an increase from ¥93,291,915.31 in Q1 2024[20] - The company experienced a cash outflow of $33.19 million during the period, compared to a cash outflow of $32.34 million in the previous period[21] - The company reported a significant increase in cash received from loans, amounting to $184.10 million, up from $108.93 million[21] - Cash paid for debt repayment was $180.00 million, compared to $150.00 million in the previous period[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,520,501,309.04, slightly down by 0.13% from ¥1,522,549,488.69 at the end of the previous year[5] - The equity attributable to shareholders was ¥1,137,002,185.46, a decrease of 0.13% from ¥1,138,478,738.23 at the end of the previous year[5] - Current assets totaled RMB 1,019,782,386.07, an increase from RMB 1,006,542,991.69 at the end of 2024, driven by a rise in accounts receivable to RMB 84,205,140.61 from RMB 70,059,777.68[13][14] - Total liabilities stood at RMB 1,019,782,386.07, indicating a stable financial position relative to total assets[14] - Total liabilities as of the end of the reporting period were ¥383,499,123.58, a slight decrease from ¥384,070,750.46 in the previous year[16] Operational Insights - The increase in cash payments for goods purchased by the wholly-owned subsidiary Shenzhen Dama Technology Co., Ltd. contributed to the negative cash flow from operating activities[8] - The company reported a credit impairment loss of ¥1,108,473.51 in Q1 2025, compared to a loss of ¥148,827.15 in Q1 2024[18] - The company reported a significant increase in prepayments, which rose to RMB 35,648,826.40 from RMB 3,696,988.68, suggesting improved supplier relationships or inventory management[13] - The company has not reported any significant changes in major shareholders or their participation in margin trading activities[12] - There are no applicable reminders for investors regarding the company's operational status during the reporting period[12] Research and Development - Research and development expenses for Q1 2025 were ¥1,971,498.80, slightly down from ¥2,057,011.66 in Q1 2024[17] Accounting Standards - The company will not apply new accounting standards starting from 2025[22]