Financial Performance - Revenue for Q1 2025 was CNY 228,376,442.92, a decrease of 11.32% compared to CNY 257,532,514.10 in the same period last year[5] - Net profit attributable to shareholders was CNY 10,302,653.13, down 74.16% from CNY 39,872,200.49 year-on-year[5] - Basic and diluted earnings per share decreased by 74.17% to CNY 0.1236 from CNY 0.4785 in the previous year[5] - Operating profit fell by 72.17% to CNY 12,979,290.82 from CNY 46,633,658.33 year-on-year[9] - Other income decreased significantly by 98.78% to CNY 60,927.24 from CNY 5,014,020.25 in the previous year[9] - Total operating revenue for the current period is ¥228,376,442.92, a decrease of 11.3% from ¥257,532,514.10 in the previous period[20] - Net profit for the current period is ¥10,302,653.13, down 74.1% from ¥39,872,200.49 in the previous period[21] - Basic and diluted earnings per share decreased to ¥0.1236 from ¥0.4785, a decline of 74.1%[22] Cash Flow - Cash flow from operating activities showed a net outflow of CNY -2,573,137.25, a decline of 101.90% compared to CNY 135,208,344.00 in Q1 2024[5] - Operating cash flow for the period was negative at -$2.57 million, a significant decrease from $135.21 million in the previous period, indicating a decline in operational efficiency[23] - Total cash outflow from operating activities was $141.05 million, up from $110.49 million, indicating increased operational costs[23] - Cash received from sales and services was $128.40 million, a decline from $234.76 million, reflecting reduced revenue generation[23] - Cash inflow from investment activities totaled $76.24 million, down from $173.96 million in the previous period, reflecting reduced investment returns[24] - Net cash flow from investment activities was negative at -$40.90 million, an improvement from -$210.01 million in the previous period, suggesting better management of investment expenditures[24] - Cash flow from financing activities showed a net inflow of $0.60 million, compared to a net outflow of -$1.03 million in the previous period, indicating improved financing conditions[24] - The ending cash and cash equivalents balance decreased to $85.99 million from $273.17 million, highlighting liquidity challenges[24] Assets and Liabilities - Total assets increased by 2.69% to CNY 1,747,517,217.84 from CNY 1,701,798,004.15 at the end of the previous year[5] - Total liabilities increased to ¥472,016,802.81 from ¥436,629,314.21, an increase of 8.1%[19] - Non-current assets totaled ¥896,600,444.59, up from ¥858,636,954.26, indicating a rise of 4.4%[19] - Deferred income tax liabilities increased to ¥1,081,225.52 from ¥903,559.76, a rise of 19.7%[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 11,662[12] - The largest shareholder, Duan Zhenggang, holds 47.66% of the shares, totaling 39,734,000 shares[12] Investment and Projects - The company plans to raise up to 186.154 million RMB through a simplified procedure for issuing stocks to specific targets[15] - The company is implementing projects for photovoltaic junction box bypass protection modules and energy storage connectors and harnesses production[15] - The company has entered the issuance and listing phase for its small-scale private placement project[15] Current Assets - The total current assets at the end of the reporting period amount to 850,916,773.25 RMB, slightly up from 843,161,049.89 RMB at the beginning of the period[17] - Cash and cash equivalents decreased from 141,602,936.80 RMB to 103,252,543.42 RMB[17] - Accounts receivable increased from 241,107,367.89 RMB to 314,810,371.51 RMB[17] - Inventory increased from 124,198,097.17 RMB to 146,227,758.72 RMB[17] - The company has a long-term receivable of 117,924.60 RMB, slightly down from 118,663.03 RMB[17]
快可电子(301278) - 2025 Q1 - 季度财报