Financial Performance - Net profit attributable to shareholders for Q1 2025 was -¥1,726,325.90, representing a decline of 143.96% year-over-year[10] - Operating revenue for the first quarter of 2025 was ¥49,197,237.05, down 0.94% from the same period in 2024[10] - Total revenue for Q1 2025 was CNY 49,197,237.05, a decrease of 0.93% compared to CNY 49,663,753.90 in Q1 2024[35] - Total operating costs increased to CNY 51,643,903.36 in Q1 2025, up 10.5% from CNY 46,790,383.17 in Q1 2024[35] - Net profit for Q1 2025 was a loss of CNY 1,726,325.90, compared to a profit of CNY 3,926,985.92 in Q1 2024[36] - Basic and diluted earnings per share for Q1 2025 were both CNY -0.01, down from CNY 0.03 in Q1 2024[37] Assets and Liabilities - Total assets as of March 31, 2025, amounted to ¥694,769,886.20, a decrease of 0.87% compared to the end of 2024[10] - The company's total liabilities to assets ratio remained stable at 41.23% for both the parent and consolidated entities[10] - Total liabilities decreased slightly from CNY 290,861,299.26 to CNY 286,424,584.14, a reduction of about 1.5%[34] - Non-current liabilities increased from CNY 27,508,198.78 to CNY 43,172,645.88, an increase of approximately 56.8%[34] - The total amount of restricted assets due to bank loans is 124,275,822.51 yuan, which constitutes 17.89% of total assets[28] Cash Flow - The net cash flow from operating activities improved by 43.99%, totaling -¥23,471,059.72 compared to -¥41,907,103.11 in the previous year[10] - Operating cash inflow for Q1 2025 was CNY 66,393,030.50, compared to CNY 50,294,865.63 in Q1 2024, representing a year-over-year increase of 31.9%[38] - Net cash outflow from operating activities for Q1 2025 was CNY -23,471,059.72, an improvement from CNY -41,907,103.11 in Q1 2024[38] - Total cash outflow for operating activities was CNY 89,864,090.22 in Q1 2025, slightly lower than CNY 92,201,968.74 in Q1 2024[38] - Cash received from other operating activities was CNY 3,139,570.29 in Q1 2025, compared to CNY 3,785,074.27 in Q1 2024[38] - The company paid CNY 23,411,256.91 to employees in Q1 2025, an increase from CNY 21,623,460.50 in Q1 2024[38] - The ending cash and cash equivalents balance for Q1 2025 was CNY 31,714,465.64, down from CNY 43,615,411.88 at the end of 2024[39] Shareholder Information - The total number of ordinary shareholders was 9,409 as of the end of the reporting period[17] - The total number of shares held by the top ten shareholders is 53,100,853, representing 37.80% of the total shares[18] - The largest shareholder, Tang Liansheng, holds 15,383,828 shares, accounting for 10.95% of the total shares[18] - There are no pledged or judicially frozen shares among the top shareholders[21] - The company has no ongoing litigation or arbitration matters[23] Management and Expenses - Management expenses increased by 40.87% to ¥6,348,865.40, primarily due to higher depreciation and amortization costs[12] - Financial expenses rose by 64.77% to ¥658,893.52, attributed to increased interest expenses from bank loans[12] - The company reported a 100% decrease in investment income, indicating no financial investments were made during the reporting period[12] - The company is focusing on cost management strategies to improve profitability in future quarters[36] Inventory and Receivables - Accounts receivable stand at 199,032,300.81 yuan, showing an increase from 194,750,615.79 yuan at the end of 2024[32] - Inventory has increased to 145,002,434.09 yuan from 119,288,946.42 yuan at the end of 2024[32] - Fixed assets are valued at 179,826,426.17 yuan, up from 173,608,179.52 yuan at the end of 2024[32] Stock Options - The company has implemented a stock option incentive plan in 2024, with the granting registration completed on September 20, 2024[24]
瑞奇智造(833781) - 2025 Q1 - 季度财报