苏州固锝(002079) - 2025 Q1 - 季度财报

Revenue and Profit - The company's revenue for Q1 2025 was ¥901,084,268.57, a decrease of 20.97% compared to ¥1,140,156,793.52 in the same period last year[5]. - Net profit attributable to shareholders increased by 395.60% to ¥36,817,574.79 from ¥7,428,910.41 year-on-year[5]. - Net profit excluding non-recurring gains and losses decreased by 70.17% to ¥8,153,791.86 from ¥27,337,504.74 in the previous year[5]. - Basic and diluted earnings per share rose to ¥0.0455, up 394.57% from ¥0.0092 in the same quarter last year[5]. - Net profit for the current period is ¥36,584,738.16, compared to ¥7,021,794.26 in the previous period, representing a significant increase[22]. - Operating profit for the current period is ¥37,317,068.36, up from ¥7,384,814.27 in the previous period[22]. Cash Flow - Operating cash flow improved significantly, with a net cash flow from operating activities of -¥14,486,532.99, an increase of 94.65% compared to -¥270,904,400.81 last year[5][10]. - Cash flow from operating activities shows a net outflow of ¥14,486,532.99, an improvement from a net outflow of ¥270,904,400.81 in the previous period[24]. - Cash flow from investing activities has a net outflow of ¥130,713,744.55, compared to a net inflow of ¥167,524,903.45 in the previous period[24]. - Cash flow from financing activities results in a net outflow of ¥5,104,471.56, down from a net inflow of ¥65,868,625.71 in the previous period[25]. - The ending cash and cash equivalents balance is ¥525,136,591.03, compared to ¥343,706,947.79 in the previous period[25]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,117,132,922.68, a decrease of 1.27% from ¥4,170,231,669.53 at the end of the previous year[5]. - The company's current assets totaled CNY 2,571,379,247.46, slightly down from CNY 2,598,575,876.57 at the start of the period[17]. - Total liabilities decreased to CNY 1,029,008,371.88 from CNY 1,121,932,533.83, a reduction of approximately 8.3%[18]. - The company's equity attributable to shareholders increased to CNY 3,066,110,385.76 from CNY 3,026,106,811.16, showing a growth of about 1.3%[20]. Inventory and Receivables - Accounts receivable decreased to CNY 858,054,167.70 from CNY 995,951,814.27, indicating a reduction of approximately 13.8%[17]. - Inventory decreased to CNY 466,308,067.28 from CNY 550,057,413.19, reflecting a decline of about 15.2%[17]. Other Financial Metrics - The company's return on equity (ROE) increased to 1.21%, up from 0.26% year-on-year[5]. - The increase in net profit was primarily due to gains from the sale of shares in a project invested by Suzhou Guorun Ruqi Venture Capital[9]. - The decline in net profit excluding non-recurring items was attributed to decreased business volume in the new materials sector due to industry impacts[9]. - The company reported a significant reduction in raw material payments in the new materials sector, contributing to improved cash flow[10]. - The company reported a total of CNY 1,309,630,871.46 in undistributed profits, up from CNY 1,272,813,296.67[20]. - The company has ongoing investments in long-term equity, totaling CNY 262,390,981.63, slightly down from CNY 267,352,981.06[17]. Accounting and Reporting - The first quarter report has not been audited[26]. - The new accounting standards will be implemented starting from 2025[27].