德力股份(002571) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥372,130,132.83, representing a 1.56% increase compared to ¥366,396,546.55 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥28,256,574.95, a significant decline of 599.96% from a profit of ¥5,651,811.00 in the previous year[5] - Basic and diluted earnings per share were both -¥0.0721, a decrease of 600.69% from ¥0.0144 in the previous year[5] - The company reported a net loss of 22.63 million, a decrease of 577.50% compared to the previous year, primarily due to a significant drop in total profit and increased tax expenses[16] - Operating profit decreased by 28.54 million, down 463.09%, influenced by a 1.56% increase in revenue and a 6.04% rise in operating costs[16] - The net loss attributable to the parent company was ¥305,697,714.21, worsening from a loss of ¥277,441,139.26 in the previous period[28] - Total comprehensive income for the current period was CNY -23,977,911.16, compared to CNY 4,006,823.13 in the previous period[31] Cash Flow - The net cash flow from operating activities was a negative ¥18,778,544.34, worsening by 38.95% compared to a negative ¥13,514,646.74 in the same period last year[5] - Cash inflow from sales increased by 3.61 million, a growth of 10.19%, while cash outflow for purchasing goods rose by 4.24 million, up 15.66%[18] - The net cash flow from operating activities was -1.88 million, a decrease of 38.95% compared to the previous year[18] - Cash and cash equivalents at the end of the period reached 175.97 million, an increase of 469.97% compared to the previous year[18] - The net increase in cash and cash equivalents was 170.24 million yuan, reflecting a growth of 334.55% compared to the previous year[21] - Cash and cash equivalents at the end of the period amounted to ¥293,778,396.51, up from ¥181,458,206.79 at the beginning of the period, indicating a significant increase of approximately 62%[27] - The company’s cash flow from investing activities showed a net outflow of CNY -28,589,071.22, improving from a net outflow of CNY -45,821,468.62 in the prior period[32] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,397,963,505.79, a slight increase of 0.09% from ¥3,394,954,941.50 at the end of the previous year[5] - Total liabilities increased by 2,718.61 million, or 1.18%, totaling 233,831.02 million[12] - The total assets increased slightly by 300.86 million, or 0.09%, totaling 339,796.35 million[13] - The total liabilities increased to ¥2,338,310,196.44 from ¥2,311,124,061.00, reflecting a rise of about 1.2%[28] - Short-term borrowings increased by 15,274.13 million, a growth of 46.36%, primarily due to the conversion of long-term borrowings into short-term borrowings[12] - Non-current liabilities decreased to ¥511,151,340.13 from ¥596,049,219.48, a reduction of about 14.3%[28] Operational Metrics - Total operating costs increased by 7.75% to 38,938.72 million, with operating costs specifically rising by 6.04% to 31,545.24 million[15] - The company reported a decrease in investment income by 733.92 million, a decline of 94.17% compared to the previous year[15] - The company’s R&D expenses decreased significantly by 272.19 million, a decline of 82.62% compared to the previous year[15] - The company experienced a 54.61% decrease in notes receivable, dropping to ¥5,905.62 million from ¥13,010.34 million[10] - Inventory increased by 2.53% to ¥66,038.40 million from ¥64,410.98 million[10] - The company’s management expenses increased by 9.94 million, up 24.70%, attributed to expanded operational scale and increased labor costs[16] Shareholder Information - The number of common shareholders at the end of the reporting period was 16,206, with no preferred shareholders[23] - The largest shareholder, Shi Weidong, holds 31.68% of the shares, amounting to 124,159,350 shares, with 49 million shares pledged[23] Industry Challenges - The company’s wholly-owned subsidiary, Bengbu Delite Glass Materials Co., Ltd., is facing significant pressure from supply-demand imbalances and price declines in the global photovoltaic industry, leading to temporary production halts[25]