铁流股份(603926) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 552,345,346.48, a decrease of 1.79% compared to CNY 562,431,817.37 in the same period last year[4]. - Net profit attributable to shareholders was CNY 26,575,076.46, down 0.91% from CNY 26,817,917.62 year-on-year[4]. - The net profit after deducting non-recurring gains and losses increased by 4.01% to CNY 23,943,811.15 from CNY 23,020,632.82 in the previous year[4]. - The net profit for Q1 2025 was CNY 24,211,771.11, a decrease from CNY 25,506,241.74 in Q1 2024, representing a decline of approximately 5.1%[19]. - Operating profit for the period was CNY 27,833,845.15, compared to CNY 26,430,818.80 in the previous year, indicating an increase of about 5.3%[19]. - Total comprehensive income for Q1 2025 was CNY 27,681,069.65, up from CNY 22,317,417.33 in Q1 2024, reflecting an increase of approximately 24.5%[19]. - The total revenue from sales of goods and services was CNY 473,259,866.27, an increase from CNY 433,725,991.35 in Q1 2024, representing a growth of approximately 9.1%[21]. Cash Flow and Investments - The net cash flow from operating activities improved by 38.25%, reaching CNY -29,308,891.60 compared to CNY -47,465,005.68 in the same period last year[4][8]. - Cash flow from operating activities showed a net outflow of CNY -29,308,891.60, an improvement from CNY -47,465,005.68 in the same period last year[21]. - The company reported cash inflows from investment activities of CNY 283,408,660.51, significantly higher than CNY 19,745,624.06 in the previous year[22]. - The net cash flow from financing activities was CNY 11,435,608.82, compared to CNY 1,878,106.51 in Q1 2024, indicating a positive trend[22]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,084,491,896.47, an increase of 1.34% from CNY 3,043,586,591.19 at the end of the previous year[4]. - Total assets as of March 31, 2025, amounted to CNY 3,084,491,896.47, compared to CNY 3,043,586,591.19 at the end of 2024[16]. - Total liabilities increased to CNY 1,330,832,216.97 as of March 31, 2025, from CNY 1,320,491,012.94 at the end of 2024[15]. - The company's total equity as of March 31, 2025, was CNY 1,753,659,679.50, up from CNY 1,723,095,578.25 at the end of 2024[16]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,773[9]. - The largest shareholder, Hangzhou Desai Industrial Group Co., Ltd., holds 36.56% of the shares, totaling 85,961,842 shares[10]. - Shareholders' equity attributable to shareholders increased by 1.94% to CNY 1,716,394,145.83 from CNY 1,683,673,964.66 at the end of the previous year[5]. Expenses and Costs - Total operating costs for Q1 2025 were CNY 523,272,078.75, down from CNY 526,767,334.30 in Q1 2024, reflecting a decrease of 0.94%[18]. - Research and development expenses increased to CNY 14,052,393.22 in Q1 2025, up from CNY 11,351,780.80 in Q1 2024, representing a growth of 23.7%[18]. Other Financial Metrics - The weighted average return on equity decreased by 0.04 percentage points to 1.56% from 1.60% year-on-year[4]. - The company recorded a decrease in credit impairment losses, amounting to CNY -520,074.20, compared to CNY -3,189,512.35 in the previous year[19]. - The company reported non-recurring gains of CNY 2,631,265.31 for the period, primarily from government subsidies and asset disposals[6]. - Cash and cash equivalents as of March 31, 2025, were CNY 475,959,868.08, an increase from CNY 456,388,869.48 as of December 31, 2024[13]. - Cash and cash equivalents at the end of Q1 2025 amounted to CNY 358,613,138.17, down from CNY 476,456,530.84 at the end of Q1 2024[22]. - Accounts receivable increased to CNY 414,628,440.14 as of March 31, 2025, compared to CNY 392,225,589.50 as of December 31, 2024, indicating a growth of 5.8%[13]. - Inventory as of March 31, 2025, was CNY 442,106,225.31, an increase from CNY 396,384,960.33 at the end of 2024, reflecting a growth of 11.5%[14]. - Short-term borrowings as of March 31, 2025, were CNY 181,595,669.85, compared to CNY 173,505,746.55 at the end of 2024, indicating an increase of 4.2%[15]. - The company’s investment income from joint ventures and associates was reported at CNY -199,154.18, worsening from CNY -116,926.65 in the previous year[19].