Revenue and Profit - The company's revenue for Q1 2025 was ¥104,921,519.11, a decrease of 2.12% compared to ¥107,192,243.34 in the same period last year[5] - Net profit attributable to shareholders was ¥17,493,481.23, down 21.42% from ¥22,262,677.29 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥12,760,889.11, a decline of 39.79% compared to ¥21,193,240.86 in the previous year[5] - Basic and diluted earnings per share decreased by 22.22% to ¥0.14 from ¥0.18 year-on-year[5] - Total comprehensive income for the period was ¥16,739,803.08, down from ¥22,262,677.29, indicating a decrease of about 24.8%[21] Cash Flow and Investments - Operating cash flow increased significantly by 105.87%, reaching ¥16,574,470.32 compared to ¥8,050,825.73 in the same period last year[5] - Cash flow from operating activities generated a net amount of ¥16,574,470.32, an increase from ¥8,050,825.73 in the previous period[23] - The company reported a net cash outflow from investing activities of ¥628,553,678.77, compared to an outflow of ¥12,016,415.93 in the previous period[23] - Cash inflow from investment activities totaled ¥268,161,441.09, significantly higher than the previous period's inflow of ¥347,982.79[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,550,458,251.88, a slight decrease of 0.32% from ¥1,555,432,481.01 at the end of the previous year[5] - Total current assets are CNY 1,107,010,726.07, slightly decreased from CNY 1,126,975,190.56, reflecting a decline of approximately 1.7%[16] - Total liabilities amount to CNY 89,923,587.35, down from CNY 98,181,521.95, showing a decrease of about 8.5%[17] - Total equity attributable to shareholders is CNY 1,458,741,754.11, a slight increase from CNY 1,454,704,370.49, indicating a growth of approximately 0.2%[17] - The company holds CNY 722,151,976.50 in trading financial assets, a significant increase from CNY 115,000,000.00, representing a growth of approximately 528.9%[16] Expenses - Total operating costs increased to ¥91,808,485.32 from ¥83,048,926.42, representing a growth of approximately 21.5% year-over-year[20] - Sales expenses rose by 44.10% year-on-year, attributed to increased market expansion efforts by the subsidiary Xinno Environment[12] - Research and development expenses decreased to ¥3,845,500.31 from ¥5,312,545.39, a reduction of about 27.6% year-over-year[20] Borrowings and Cash Equivalents - Cash and cash equivalents decreased by 75.61% compared to the beginning of the year, primarily due to increased investments in financial products[12] - Current cash and cash equivalents amount to CNY 197,880,556.11, down from CNY 811,238,723.21 at the beginning of the period, indicating a significant reduction of about 75.6%[15] - Cash and cash equivalents at the end of the period decreased to ¥190,442,956.11 from ¥1,030,846,343.75, a decline of approximately 81.5%[24] - Short-term borrowings increased by 70.92% compared to the beginning of the year, mainly due to new borrowings by subsidiaries[12] - Short-term borrowings increased to CNY 11,256,545.37 from CNY 6,585,788.20, indicating an increase of approximately 71.5%[17] Inventory - Inventory stands at CNY 94,591,600.00, down from CNY 102,613,660.61, reflecting a decrease of about 7.8%[16] Share Repurchase - The company has a total of 2,368,894 shares repurchased, accounting for 1.92% of the total issued shares[13]
兴欣新材(001358) - 2025 Q1 - 季度财报