Financial Performance - The company's revenue for Q1 2025 was ¥101,444,120.48, a decrease of 4.92% compared to ¥106,692,186.35 in the same period last year[5]. - Net profit attributable to shareholders was ¥3,036,997.40, down 28.55% from ¥4,250,504.20 year-on-year[5]. - Basic and diluted earnings per share decreased by 28.68% to ¥0.0281 from ¥0.0394 in the same period last year[5]. - Total operating revenue for the current period was ¥101,444,120.48, a decrease of 4.7% from ¥106,692,186.35 in the previous period[19]. - Net profit for the current period was ¥3,021,813.33, down 29.2% from ¥4,269,201.62 in the previous period[20]. - Earnings per share (EPS) decreased to ¥0.0281 from ¥0.0394, reflecting a decline of 28.6%[21]. Cash Flow - The net cash flow from operating activities improved significantly to ¥21,925,857.90, a 127.52% increase from a negative cash flow of ¥79,674,267.12 in the previous year[5]. - Cash flow from operating activities generated a net cash inflow of ¥21,925,857.90, a significant improvement compared to a net outflow of ¥79,674,267.12 in the previous period[22]. - The net cash flow from investment activities was ¥6,860,586.23, a 128.74% increase from a negative cash flow of ¥23,871,060.85 in the previous year[13]. - Cash inflow from financing activities totaled $19,900,000.00, while cash outflow was $719,599.98, resulting in a net cash flow of -$719,599.98[23]. - The ending balance of cash and cash equivalents increased to $126,691,896.40 from $67,024,431.55 in the previous period[23]. - The cash flow from investment activities showed a significant decrease in outflows, dropping from $64,051,994.43 to $3,158,580.44[23]. - The impact of exchange rate changes on cash and cash equivalents was a positive $14,728.67, contrasting with a negative impact of $49,340.89 in the previous period[23]. Assets and Liabilities - Total assets increased by 1.79% to ¥1,561,115,301.94 compared to ¥1,533,689,425.56 at the end of the previous year[5]. - Current liabilities totaled ¥691,055,858.23, an increase from ¥655,820,884.50, indicating a rise of about 5.4%[17]. - The total liabilities increased to ¥718,139,557.14 from ¥694,088,482.41, marking a rise of 3.5%[18]. - Total equity attributable to shareholders increased slightly to ¥842,728,283.62 from ¥839,338,297.90, showing a growth of 0.5%[18]. - The total non-current assets decreased to ¥282,058,199.79 from ¥296,774,033.51, a decline of approximately 5%[17]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 9,579[14]. - The largest shareholder, Changzhou Jingxue Investment Management Co., Ltd., holds 34.51% of shares, totaling 37,270,530 shares[14]. Operational Metrics - The company reported a significant increase in accounts receivable financing by 54.39%, reaching ¥4,889,389.68 due to an increase in bank acceptance bills[9]. - Contract liabilities rose by 32.25% to ¥361,767,164.42, primarily due to an increase in advance payments received[9]. - The company experienced a 37.19% increase in financial expenses, totaling ¥461,624.43, mainly due to a decrease in interest income[11]. - The company reported a significant increase in operating income, with a 222.85% rise in non-operating income to ¥12,986.25, attributed to increased compensation income[11]. - Research and development expenses rose to ¥3,060,653.40 from ¥2,925,105.00, indicating an increase of 4.6%[19]. - Other income increased to ¥1,494,426.24 from ¥1,019,482.54, reflecting a growth of 46.5%[19]. - The company reported a significant increase in credit impairment losses to ¥6,789,460.63 from ¥4,275,958.10, which is a rise of 58.8%[20]. Inventory and Receivables - Accounts receivable decreased to ¥311,615,473.08 from ¥367,459,707.62, a decline of about 15.2%[16]. - Inventory increased to ¥644,186,658.10 from ¥587,873,988.77, reflecting an increase of approximately 9.6%[16]. Accounting and Audit - The company did not undergo an audit for the first quarter report[24]. - The company is set to implement new accounting standards starting in 2025, but this does not apply to the current report[24].
晶雪节能(301010) - 2025 Q1 - 季度财报