Financial Performance - The company's operating revenue for Q1 2025 was ¥202,832,135.57, a decrease of 16.04% compared to ¥241,589,293.91 in the same period last year[5] - Net profit attributable to shareholders was ¥41,800,780.50, down 35.48% from ¥64,788,926.45 year-on-year[5] - Basic and diluted earnings per share were both ¥0.52, reflecting a decline of 35.80% compared to ¥0.81 in the same period last year[5] - Total operating revenue decreased to ¥202,832,135.57 from ¥241,589,293.91, representing a decline of approximately 16% year-over-year[23] - Net profit decreased to ¥41,800,780.50 from ¥64,788,926.45, reflecting a decline of approximately 35% year-over-year[24] - Basic and diluted earnings per share decreased to ¥0.52 from ¥0.81, a drop of about 36% year-over-year[25] Cash Flow - The net cash flow from operating activities decreased by 23.79% to ¥49,707,245.67 from ¥65,224,579.58 in the previous year[5] - Cash inflow from operating activities totaled $269,451,998.98, down from $292,319,430.13, a decrease of about 7.8%[26] - Cash outflow from operating activities was $219,744,753.31, compared to $227,094,850.55, reflecting a reduction of approximately 3.2%[26] - The net cash flow from investing activities was -$42,046,377.10, an improvement from -$49,670,035.77[27] - Cash inflow from investing activities increased significantly to $135,173,023.67 from $5,000.00[27] - Cash outflow from investing activities rose to $177,219,400.77 from $49,675,035.77, indicating a substantial increase[27] - The net cash flow from financing activities was negative at -¥425,266.20, primarily due to increased rental payments[10] - The net cash flow from financing activities was -$425,266.20, with no cash inflow reported[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,574,317,294.72, a slight decrease of 0.09% from ¥1,575,683,629.51 at the end of the previous year[5] - Total liabilities decreased to ¥249,628,901.64 from ¥292,668,435.97, a reduction of approximately 15% year-over-year[20] - Total equity increased to ¥1,324,688,393.08 from ¥1,283,015,193.54, an increase of about 3% year-over-year[20] - The company reported a total current asset balance of ¥1,051,230,891.20 as of March 31, 2025, slightly down from ¥1,052,384,580.35 at the beginning of the period, indicating a decrease of approximately 0.11%[17] - Cash and cash equivalents increased to ¥343,911,262.18 from ¥336,883,272.58, reflecting a growth of about 0.38%[17] - The company's trading financial assets rose to ¥357,269,009.23 from ¥325,021,045.67, marking an increase of approximately 9.9%[18] - Accounts receivable decreased to ¥209,475,854.77 from ¥249,015,282.26, representing a decline of about 16%[18] - Inventory slightly decreased to ¥110,552,884.47 from ¥111,411,723.26, a reduction of approximately 0.77%[18] - The company’s fixed assets decreased to ¥360,625,406.67 from ¥365,858,459.27, a decline of about 1.3%[18] - The company’s intangible assets decreased slightly to ¥84,601,985.33 from ¥85,580,456.17, indicating a reduction of approximately 1.15%[18] - The company’s non-current financial assets remained stable at ¥4,878,488.26[18] Shareholder Information - The top shareholder, Ningbo Hengshuai Investment Management Co., Ltd., holds 53.59% of the shares, totaling 42,868,113 shares[11] - The company has a total of 58,314,080 shares under lock-up agreements, with major shareholders voluntarily extending the lock-up period until October 21, 2025[14] Regulatory and Development Activities - The company received approval from the China Securities Regulatory Commission for issuing convertible bonds to unspecified investors in February 2025[15] - Research and development expenses increased to ¥7,441,651.89 from ¥6,858,817.51, an increase of approximately 8.5% year-over-year[23] Other Financial Metrics - The company's weighted average return on equity was 3.21%, down from 5.74% in the previous year[5] - Deferred income tax liabilities increased to ¥19,062,434.64 from ¥16,543,778.41, an increase of about 9% year-over-year[20] - The impact of exchange rate changes on cash and cash equivalents was -$207,612.77, compared to -$1,883,490.22 in the previous period[27] - The ending balance of cash and cash equivalents increased to $343,911,262.18 from $317,431,800.91, marking a rise of approximately 8.3%[27] - Cash inflow from sales of goods and services was $262,502,773.50, down from $284,045,507.66, a decrease of about 7.6%[26]
恒帅股份(300969) - 2025 Q1 - 季度财报