永信至诚(688244) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 30,085,001.10, representing a 2.17% increase compared to CNY 29,447,347.19 in the same period last year[4]. - The net profit attributable to shareholders was a loss of CNY 23,974,336.54, compared to a loss of CNY 19,965,979.74 in the previous year, indicating a worsening performance[4]. - The net cash flow from operating activities was a negative CNY 35,961,263.45, an improvement from a negative CNY 48,420,491.73 in the same period last year[4]. - Total operating revenue for Q1 2025 was ¥30,085,001.10, an increase of 2.17% compared to ¥29,447,347.19 in Q1 2024[16]. - Net loss for Q1 2025 was ¥24,208,765.22, compared to a net loss of ¥20,374,074.93 in Q1 2024, reflecting an increase in losses[17]. - The total comprehensive loss for Q1 2025 was ¥24,260,421.68, compared to a loss of ¥20,668,928.86 in Q1 2024[17]. - Basic and diluted earnings per share for Q1 2025 were both -¥0.24, compared to -¥0.20 in Q1 2024[17]. Research and Development - Research and development expenses totaled CNY 24,602,183.50, accounting for 81.78% of operating revenue, up from 81.53% year-on-year[4]. - The company continues to focus on R&D, with a slight increase in investment compared to the previous year, indicating a commitment to innovation despite financial losses[4]. - Research and development expenses for Q1 2025 were ¥24,602,183.50, slightly up from ¥24,008,710.62 in Q1 2024[16]. Assets and Liabilities - Total assets decreased by 6.65% to CNY 1,138,456,244.96 from CNY 1,219,530,171.41 at the end of the previous year[5]. - The company's current assets totaled RMB 897,069,925.28, down from RMB 973,200,726.92, indicating a decrease of about 7.83%[12]. - The company's cash and cash equivalents were RMB 143,669,013.86, significantly lower than RMB 489,867,455.26, representing a decline of approximately 70.65%[12]. - The total liabilities decreased to RMB 137,126,621.11 from RMB 194,520,035.03, a reduction of about 29.49%[14]. - The company's total non-current assets were RMB 241,386,319.68, down from RMB 246,329,444.49, indicating a decrease of approximately 2.01%[13]. - The company's accounts receivable stood at RMB 325,481,864.27, a slight decrease from RMB 352,900,112.85, indicating a decline of about 7.79%[12]. - The company's inventory was reported at RMB 30,493,901.96, down from RMB 36,610,458.05, representing a decrease of approximately 16.76%[12]. - The company's short-term borrowings decreased to RMB 6,754,312.50 from RMB 9,506,413.19, a reduction of about 29.14%[14]. - The company's equity attributable to shareholders was RMB 1,003,074,506.86, down from RMB 1,026,520,590.71, reflecting a decrease of approximately 2.29%[14]. - The company's total liabilities to equity ratio improved to approximately 13.66% from 18.99%, indicating a stronger equity position[14]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 3,815[8]. - The largest shareholder, Cai Jingjing, holds 34.85% of the shares, with a total of 35,631,237 shares[9]. Cash Flow - Cash flow from operating activities showed a net outflow of ¥35,961,263.45 in Q1 2025, an improvement from a net outflow of ¥48,420,491.73 in Q1 2024[19]. - The company experienced a net cash outflow from investing activities of ¥309,730,885.09 in Q1 2025, compared to a net outflow of ¥235,875,694.09 in Q1 2024[20]. - Cash and cash equivalents at the end of Q1 2025 were ¥138,379,267.71, down from ¥323,659,940.26 at the end of Q1 2024[20]. Credit Impairment - The company reported a significant increase in credit impairment losses, totaling ¥2,631,308.72 in Q1 2025, compared to ¥664,817.28 in Q1 2024[16].