ERA(SZ:002641)2025-04-28 09:45Financial Performance - The company's operating revenue for Q1 2025 was ¥1,173,390,842.61, a decrease of 5.60% compared to ¥1,243,037,567.55 in the same period last year[5]. - The net profit attributable to shareholders was -¥38,337,510.19, representing a decline of 360.19% from a profit of ¥14,734,568.82 in the previous year[5]. - Basic and diluted earnings per share were both -¥0.03, a decrease of 400.00% compared to ¥0.01 in the previous year[5]. - Operating profit for the current period is -¥34,045,611.62, compared to a profit of ¥25,513,309.22 in the previous period[20]. - Net profit for the current period is -¥36,248,044.38, a decline from a profit of ¥17,255,670.52 in the previous period[21]. Cash Flow - The net cash flow from operating activities decreased by 40.47% to ¥510,132,943.23, down from ¥856,868,654.42 in the same period last year[5]. - Cash inflow from operating activities is ¥2,295,224,250.57, down from ¥2,547,303,193.51 in the previous period[22]. - The net cash flow from operating activities was $510.13 million, a decrease of 40.4% compared to $856.87 million in the previous period[23]. - The total cash inflow from investment activities was $1.88 billion, significantly higher than $14.61 million in the previous period[23]. - The net cash flow from investment activities was -$506.32 million, worsening from -$115.55 million in the previous period[23]. - Cash inflow from financing activities amounted to $180.08 million, up from $53.69 million in the previous period[23]. - The net cash flow from financing activities was $112.42 million, a recovery from -$11.28 million in the previous period[23]. - The total cash and cash equivalents increased by $120.38 million, compared to an increase of $732.22 million in the previous period[23]. - The cash and cash equivalents at the beginning of the period were $764.39 million, down from $1.71 billion in the previous period[23]. Assets and Liabilities - Total assets increased by 9.10% to ¥9,174,950,705.00 from ¥8,409,300,146.81 at the end of the previous year[5]. - The total current liabilities increased to CNY 3,378,047,564.04 from CNY 2,577,899,821.46, representing a rise of approximately 31.1%[16]. - The company's total non-current assets were CNY 4,522,378,699.66, slightly down from CNY 4,544,114,162.04, indicating a decrease of approximately 0.5%[16]. - Total liabilities amount to ¥3,593,194,258.79, an increase from ¥2,789,998,000.19 in the previous period[20]. - The total assets of the company reached CNY 9,174,950,705.00 as of March 31, 2025, an increase from CNY 8,409,300,146.81 at the beginning of the period, reflecting a growth of approximately 9.1%[16]. Shareholder Information - The company had a total of 31,940 common shareholders at the end of the reporting period[10]. - The largest shareholder, Gongyuan Plastic Group, held 37.86% of the shares, totaling 465,296,370 shares[10]. - The company reported a total of 11,749,000 shares repurchased, representing 0.96% of the total share capital[12]. - The company has a significant shareholder structure, with the top 10 shareholders holding a combined total of 465,296,370 shares, which is a substantial portion of the company's equity[11]. Operational Metrics - The decrease in net profit was attributed to reduced sales volume, declining sales prices, and a decrease in gross margin[9]. - The company's inventory stood at CNY 1,393,992,101.71, compared to CNY 1,166,123,177.76 at the beginning of the period, marking an increase of around 19.5%[15]. - The accounts receivable decreased to CNY 1,029,700,971.84 from CNY 1,122,361,327.88, showing a decline of about 8.3%[14]. - The company's short-term borrowings rose significantly to CNY 161,084,148.20 from CNY 45,958,791.09, reflecting an increase of about 250.5%[16].