ZOY(SH:603709)2025-04-28 09:45Financial Performance - The company's operating revenue for Q1 2025 was CNY 352.80 million, a year-on-year increase of 1.59% compared to CNY 347.27 million in the same period last year[4]. - Net profit attributable to shareholders decreased by 61.73% to CNY 2.32 million from CNY 6.06 million in the previous year[4]. - The net profit after deducting non-recurring gains and losses was CNY -1.16 million, a decline of 116.92% compared to CNY 6.88 million in the same period last year[4]. - Basic and diluted earnings per share decreased by 66.67% to CNY 0.02 from CNY 0.06 in the same period last year[4]. - Operating profit for Q1 2025 was ¥2.19 million, down 71.1% from ¥7.56 million in Q1 2024[18]. - The company reported a total comprehensive income of ¥4.61 million in Q1 2025, down 40.5% from ¥7.79 million in Q1 2024[19]. Cash Flow and Investments - The net cash flow from operating activities improved to CNY 23.79 million, compared to a negative CNY 14.97 million in the previous year[4]. - Cash flow from operating activities generated a net amount of ¥23.79 million in Q1 2025, compared to a negative cash flow of ¥14.97 million in Q1 2024[21]. - The company recorded a net cash outflow from investing activities of ¥29.87 million in Q1 2025, an improvement from a net outflow of ¥33.47 million in Q1 2024[22]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1.35 billion, down 4.91% from CNY 1.42 billion at the end of the previous year[5]. - The company's current assets totaled RMB 588,920,176.84 as of March 31, 2025, down from RMB 646,103,847.46 at the end of 2024, representing a decrease of about 8.8%[13]. - The total liabilities decreased to RMB 816,120,946.83 as of March 31, 2025, compared to RMB 891,239,195.94 at the end of 2024, indicating a reduction of approximately 8.4%[15]. - The company's cash and cash equivalents were RMB 115,651,850.17 as of March 31, 2025, down from RMB 135,624,708.60 at the end of 2024, a decline of about 14.7%[13]. - The total equity attributable to the owners of the parent company increased slightly to RMB 532,991,693.82 as of March 31, 2025, compared to RMB 527,517,389.52 at the end of 2024, an increase of about 1.0%[15]. - The total liabilities to total assets ratio improved slightly to approximately 60.5% as of March 31, 2025, compared to 62.7% at the end of 2024[15]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 6,871[9]. - Shareholders' equity attributable to the parent company increased by 1.04% to CNY 532.99 million from CNY 527.52 million at the end of the previous year[5]. Research and Development - Research and development expenses increased to ¥8.01 million in Q1 2025, up 18.9% from ¥6.73 million in Q1 2024[18]. Government Support - The company received government subsidies amounting to CNY 3.38 million, which contributed to the non-recurring gains[6]. Inventory and Receivables - Accounts receivable decreased to RMB 165,499,849.60 as of March 31, 2025, from RMB 207,577,025.48 at the end of 2024, reflecting a decrease of approximately 20.3%[13]. - The company's inventory decreased to RMB 232,825,127.20 as of March 31, 2025, from RMB 242,432,981.64 at the end of 2024, indicating a decline of approximately 4.0%[13].