浙江众成(002522) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥356,798,091.77, a decrease of 5.61% compared to ¥377,993,077.84 in the same period last year[5]. - Net profit attributable to shareholders was ¥14,587,275.94, down 12.50% from ¥16,671,505.95 year-on-year[5]. - The net profit for Q1 2025 was ¥1,470,637.32, a decrease of 51.44% compared to ¥3,028,565.72 in the same period last year, driven by weak demand and competitive pressures[11]. - Total operating revenue for the current period is ¥356,798,091.77, a decrease of 5.5% from ¥377,993,077.84 in the previous period[21]. - Net profit for the current period is ¥1,470,637.32, a decline of 51.5% compared to ¥3,028,565.72 in the previous period[22]. - Earnings attributable to the parent company's shareholders decreased to ¥14,587,275.94, down 12.5% from ¥16,671,505.95[22]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥34,075,912.28, a significant decline of 225.04% compared to ¥27,252,148.49 in the previous year[5]. - Cash flow from operating activities showed a net outflow of ¥34,075,912.28, compared to a net inflow of ¥27,252,148.49 in the previous period[25]. - Cash and cash equivalents at the end of the period decreased to ¥334,048,553.03 from ¥558,512,559.11, a decline of 40.2%[26]. - The company's cash and cash equivalents decreased to CNY 524,204,710.33 from CNY 638,735,736.10, reflecting a decline of about 17.88%[16]. Assets and Liabilities - The total assets at the end of Q1 2025 were ¥3,556,096,502.20, a decrease of 0.56% from ¥3,576,097,063.51 at the end of the previous year[5]. - Current assets amounted to CNY 1,380,925,405.98, up from CNY 1,288,732,399.14, indicating a growth of approximately 7.15%[17]. - Total liabilities decreased to CNY 1,255,498,916.59 from CNY 1,277,612,776.71, showing a reduction of about 1.73%[18]. - Short-term borrowings rose to CNY 378,371,598.51 from CNY 363,656,829.61, an increase of approximately 4.20%[18]. - The company’s long-term borrowings decreased to CNY 108,000,000.00 from CNY 148,000,000.00, a decline of about 27.03%[18]. - The company reported a total asset of CNY 3,556,096,502.20 as of March 31, 2025, a slight decrease from CNY 3,576,097,063.51 at the beginning of the period[16]. Shareholder Information - The company had a total of 55,369 common shareholders at the end of the reporting period[13]. - The company has a significant shareholder, 常德市城市发展集团有限公司, holding 226,444,847 shares, representing a substantial portion of the equity[14]. Expenses and Costs - Total operating costs decreased to ¥344,948,838.74, down 4.7% from ¥362,015,018.57[21]. - The company experienced a 40.41% reduction in financial expenses, amounting to ¥1,038,156.90, attributed to decreased interest expenses from bank loans[11]. - Research and development expenses increased to ¥17,367,879.28, up 12.9% from ¥15,370,672.03[22]. - The company reported a decrease in sales expenses to ¥5,670,333.37, down 24.4% from ¥7,496,398.12[22]. Other Financial Metrics - The weighted average return on equity was 0.64%, down from 0.74% in the same period last year, reflecting a decrease of 0.10%[5]. - Other income increased by 56.47% to ¥1,501,975.99, primarily due to higher government subsidies received during the reporting period[11]. - The company experienced a foreign exchange loss of ¥129,991.72, compared to a gain of ¥193,286.72 in the previous period[23]. Audit and Accounting Standards - The first quarter report has not been audited[27]. - The new accounting standards will be implemented starting in 2025[28].