R&Y(603286)2025-04-28 08:05Financial Performance - The company's operating revenue for Q1 2025 was ¥244,415,757.68, representing a year-on-year increase of 24.60% compared to ¥196,165,058.25 in the same period last year[4] - The net profit attributable to shareholders of the listed company was -¥7,404,018.56, a decrease of 229.87% from a profit of ¥5,700,941.57 in the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥9,019,581.98, down 277.04% from ¥5,094,789.36 in the same period last year[4] - The basic and diluted earnings per share were both -¥0.06, a decline of 220.00% from ¥0.05 in the previous year[5] - The company reported a significant increase in inventory, totaling ¥202,423,797.03 compared to ¥208,907,955.17[15] - Net profit for Q1 2025 was a loss of ¥5,744,192.03, compared to a profit of ¥7,034,016.08 in Q1 2024, representing a significant decline[21] - The company's operating profit for Q1 2025 was a loss of ¥3,535,218.15, down from a profit of ¥6,952,827.43 in Q1 2024[21] Cash Flow and Liquidity - The net cash flow from operating activities increased significantly to ¥42,106,307.01, up 615.71% from ¥5,883,176.28 in the same period last year[4] - Cash flow from operating activities for Q1 2025 was ¥213,250,219.86, compared to ¥203,276,701.82 in Q1 2024, showing a modest increase[24] - The total cash and cash equivalents at the end of the period decreased to $177,139,963.54 from $410,956,215.82, indicating a reduction in liquidity[26] - The net cash flow from financing activities was $13,676,147.69, recovering from a negative cash flow of -$3,247,547.05 in the previous period, showing improved financing conditions[26] - Cash paid for purchasing goods and services was $87,120,100.43, down from $127,733,960.59, suggesting cost management efforts[25] - Cash paid to employees increased to $66,919,000.83 from $53,419,631.65, reflecting higher labor costs[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,903,917,991.38, reflecting a 3.72% increase from ¥1,835,569,140.70 at the end of the previous year[5] - Total current assets as of March 31, 2025, amount to ¥942,533,023.73, an increase from ¥925,015,919.04 on December 31, 2024[15] - Total liabilities as of March 31, 2025, are ¥1,907,699,459.11, up from ¥1,835,569,140.70[16] - Current liabilities increased to ¥953,648,829.21 from ¥884,691,398.93[16] - Long-term borrowings remained stable at approximately ¥30 million[16] - The total liabilities as of the reporting date were ¥1,012,449,751.05, an increase from ¥943,202,541.41 in the previous period[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,609[10] - The top shareholder is Shi Rongzhu, holding 21,675,000 shares, representing 18.59% of total shares[11] - The second largest shareholder is Lu Peng, with 17,500,000 shares, accounting for 15.01%[11] Research and Development - Research and development expenses increased to ¥13,073,085.77 in Q1 2025, up from ¥10,670,112.57 in Q1 2024, indicating a focus on innovation[21] Government Support - The company received government subsidies amounting to ¥659,934.80, which are expected to have a sustained impact on its financial performance[6] Other Financial Metrics - The weighted average return on equity decreased to -0.85%, down 1.51 percentage points from 0.66% in the previous year[5] - Other comprehensive income after tax for Q1 2025 was ¥552,683.84, compared to a loss of ¥317,826.99 in Q1 2024, indicating improved performance in this area[22] - Cash inflow from investment activities totaled $115,192,227.44, while cash outflow was $205,060,529.03, resulting in a net cash flow of -$89,868,301.59, reflecting increased investment expenditures[25] - The impact of exchange rate changes on cash and cash equivalents was a positive $731,697.93, contributing to the overall cash position[26]