森鹰窗业(301227) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥63,808,512.06, representing a decrease of 27.96% compared to the same period last year[5] - The net profit attributable to shareholders was -¥7,975,519.72, a decline of 353.01% year-over-year[5] - The net profit for the current period is -7,975,377.31, compared to -1,760,572.88 in the previous period, indicating a significant decline[26] - The total profit for the current period is -6,688,893.67, down from -816,445.19 in the previous period[26] - Operating profit for the current period is -6,762,706.93, compared to -783,337.66 in the previous period, reflecting a worsening operational performance[26] - The net profit margin for the current period was impacted by a significant drop in revenue, leading to a loss in profitability[25] - The basic and diluted earnings per share for the current period are both -0.0871, compared to -0.0186 in the previous period[27] - The total comprehensive income for the current period is -7,975,377.31, down from -1,760,572.88 in the previous period[26] Cash Flow - The net cash flow from operating activities improved to ¥10,365,141.86, a significant increase of 159.10% compared to the previous year[5] - Cash flow from operating activities generated a net amount of 10,365,141.86, a recovery from -17,537,195.72 in the previous period[28] - Cash flow from investing activities resulted in a net inflow of 27,759,565.32, compared to a net outflow of -67,465,608.99 in the previous period[29] - Cash flow from financing activities showed a net outflow of -10,116,312.78, compared to -1,531,941.16 in the previous period[29] - The company received cash from the recovery of investments totaling 115,000,000.00, compared to 70,000,000.00 in the previous period[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,177,200,868.23, down 1.39% from the end of the previous year[5] - As of March 31, 2025, the total assets amounted to ¥2,177,200,868.23, a decrease from ¥2,207,792,663.00 at the beginning of the period[22][24] - The total current assets increased to ¥1,323,325,090.97 from ¥1,303,460,491.18, reflecting a growth of approximately 1.67%[22] - The company reported a decrease in accounts receivable from ¥290,942,919.45 to ¥249,268,027.83, a decline of about 14.4%[22] - The inventory increased from ¥130,056,092.30 to ¥150,191,113.36, representing a rise of approximately 15.5%[22] - The company’s cash and cash equivalents rose to ¥655,815,565.38 from ¥612,967,197.98, an increase of about 6.98%[22] - The cash and cash equivalents at the end of the period amount to 598,548,714.25, compared to 508,829,026.76 at the end of the previous period[29] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 7,871[10] - The largest shareholder, Bian Shuping, holds 55.17% of the shares, totaling 52,540,000 shares[10] - The company has a plan to maintain shareholder value and interests through share repurchases and stock incentive plans[14] - The company repurchased a total of 4,113,706 shares, accounting for 4.32% of the total share capital, with a total transaction amount of RMB 100,039,488.65[15] - The maximum transaction price during the repurchase was RMB 31.75 per share, while the minimum was RMB 16.09 per share[15] - The company plans to use no less than RMB 10 million and no more than RMB 20 million for future share repurchases, with at least 30% allocated for employee stock ownership plans[14] - The company’s major shareholders include Bian Shuping and Ying Jingfen, who are husband and wife, with significant shareholdings of 52,540,000 and 6,723,000 shares respectively[13] - The total number of shares held by the top 10 shareholders includes significant holdings by Li Dafei and Dai Minyi, with 386,800 and 323,200 shares respectively[12] Investments and Subsidiaries - The company established a wholly-owned subsidiary, Guangzhou Senying Door and Window Trading Co., Ltd., with a total investment of RMB 1 million[18] - The company established a wholly-owned subsidiary in the U.S., SAYYAS WINDOWS & DOORS INC, with an investment not exceeding $1.5 million[20] - The company completed the registration and filing procedures for changes in registered capital and business scope on January 20, 2025[17] - The company has established new fundraising accounts for the management of raised funds, ensuring compliance with regulatory requirements[19] Financial Management - The company experienced a 74.36% reduction in financial expenses, amounting to -¥1,014,939.12, primarily due to decreased interest income[8] - Investment income rose by 298.50% to ¥153,599.49, attributed to increased financial management returns[8] - The weighted average return on net assets was -0.48%, a decrease of 0.38% from the previous year[5] - The company plans to optimize overseas resource allocation and enhance its strategic layout in the North American market[20]