中兵红箭(000519) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥619,596,480.71, a decrease of 30.06% compared to ¥885,842,801.38 in the same period last year[4] - The net profit attributable to shareholders was -¥128,960,846.15, representing a significant decline of 843.67% from -¥13,665,915.02 year-on-year[4] - Net profit for the current period is a loss of $139.26 million, compared to a loss of $13.67 million in the previous period, indicating a significant decline in profitability[16] - The company reported a basic and diluted earnings per share of -$0.0926, compared to -$0.0098 in the previous period[17] Cash Flow - The net cash flow from operating activities increased by 100.51%, reaching ¥1,128,114.42, compared to -¥221,641,098.57 in the previous year[4] - The net cash flow from operating activities is $1.13 million, a recovery from a negative cash flow of $221.64 million in the previous period[19] - The company generated $1.60 billion in cash inflows from operating activities, up from $900.96 million in the previous period[19] - The company incurred a total of $254.64 million in cash outflows from investing activities, compared to $170.71 million in the previous period[20] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥16,138,968,118.11, reflecting a slight increase of 0.40% from ¥16,074,079,591.70 at the end of the previous year[4] - The company's total liabilities increased to CNY 5,931,441,628.74 from CNY 5,729,535,404.90[13] - The company's cash and cash equivalents stood at CNY 6,222,746,485.03, down from CNY 6,339,045,756.12[11] - The company's current assets totaled CNY 10,793,543,801.21, a decrease from CNY 10,870,456,332.13 at the start of the period[11] Inventory and Receivables - Accounts receivable decreased by 49.35% compared to the beginning of the year, primarily due to the recovery of previous payments[6] - The company's accounts receivable decreased to CNY 721,086,734.11 from CNY 1,423,715,133.80, a decline of approximately 49.3%[11] - Inventory increased by 30.33% compared to the beginning of the year, mainly due to the preparation of special equipment products[6] - The company's inventory increased to CNY 3,078,222,134.43 from CNY 2,361,905,193.26, indicating a growth of approximately 30.3%[11] Borrowings and Financial Expenses - Short-term borrowings increased by 63.07% compared to the beginning of the year, attributed to increased short-term financing needs[6] - Short-term borrowings rose to CNY 359,090,000.00 from CNY 220,211,388.91, reflecting an increase of approximately 63.2%[12] - The company reported a 67.25% increase in financial expenses, primarily due to a decrease in interest income[6] - The company's long-term borrowings increased to CNY 206,800,000.00 from CNY 196,919,443.95[12] Equity and Shareholder Information - The total equity attributable to the parent company decreased to CNY 10,119,429,744.48 from CNY 10,246,261,095.30[13] - The number of ordinary shareholders at the end of the reporting period was 129,294[8] Other Information - The first quarter report is unaudited[21] - The new accounting standards will be implemented starting from 2025, affecting the financial statements from the beginning of that year[21] - The board of directors meeting was held on April 29, 2025[22]