Shandong Molong(002490)2025-04-28 10:00Financial Performance - The company's revenue for Q1 2025 was ¥291,392,171.76, representing a 50.51% increase compared to ¥193,609,052.43 in the same period last year[3] - The net profit attributable to shareholders decreased significantly by 97.50% to ¥5,423,201.01 from ¥216,912,792.77 year-on-year[3] - The net profit for the current period was ¥5,349,896.09, compared to ¥216,128,932.23 in the previous period, indicating a substantial decline in profitability[21] - Basic and diluted earnings per share decreased to ¥0.0068 from ¥0.2719, showing a decline of approximately 97.5%[22] Cash Flow - The net cash flow from operating activities surged to ¥381,004,412.19, a remarkable increase of 14,399.50% compared to a negative cash flow of ¥2,664,458.90 in Q1 2024[10] - Cash inflows from operating activities totaled ¥727,845,944.49, a significant increase from ¥309,341,310.95 in the previous period[22] - The company's cash outflows for purchasing goods and services amounted to ¥299,083,175.60, an increase from ¥220,508,664.69 in the previous period[22] - The net cash flow from operating activities was $381,004,412.19, a significant improvement compared to a negative cash flow of $2,664,458.90 in the previous period[23] - Cash inflows from financing activities amounted to $231,845,750.70, compared to $964,122,945.97 previously[23] - The total cash and cash equivalents at the end of the period reached $359,473,276.16, up from $110,480,304.34[23] Assets and Liabilities - The company's total assets increased by 0.71% to ¥2,437,307,022.32 from ¥2,420,182,877.14 at the end of the previous year[3] - Total liabilities increased to ¥1,939,796,882.36 from ¥1,928,288,812.05, indicating a slight rise of about 0.5%[19] - The total equity attributable to shareholders of the parent company was ¥497,716,259.99, up from ¥492,269,498.07, reflecting an increase of approximately 1%[19] Operational Metrics - Total operating revenue for the current period reached ¥291,392,171.76, a significant increase from ¥193,609,052.43 in the previous period, representing a growth of approximately 50.5%[20] - Total operating costs increased to ¥298,573,822.88 from ¥247,395,469.13, reflecting a rise of about 20.7%[20] - The company reported a decrease in research and development expenses to ¥2,314,906.67 from ¥2,633,923.36, a reduction of about 12.1%[20] Shareholder Information - Total number of common shareholders at the end of the reporting period is 24,735, with 24,690 A-share holders and 45 H-share holders[12] - The largest shareholder, Shouguang Molong Holdings Co., Ltd., holds 29.53% of shares, totaling 235,617,000 shares, with 114,355,556 shares pledged[12] Other Financial Information - The company recorded a 184.15% increase in non-operating income, totaling ¥7,700,620.42, primarily from litigation compensation received[9] - Management expenses decreased by 76.35% to ¥8,030,225.66, due to the exclusion of a sold subsidiary from consolidation and cost control measures[9] - The company did not report any new product developments or market expansion strategies during the quarter[3] - Other comprehensive income after tax for the current period was ¥26,178.79, compared to a loss of ¥31,549.94 in the previous period[22] Debt and Financial Assistance - The company has completed the transfer of a debt of ¥169.12 million to Shouguang Vegetable Wholesale Market Co., Ltd., receiving a total cash consideration of ¥84 million[13] - Financial assistance balance from Shouguang Baolong is ¥292 million, while from Weihai Baolong is ¥5.16 million[14] - The company is undergoing a debt restructuring process involving the transfer of debts and assets to improve financial stability[13] Audit Status - The company’s first quarter report was not audited[24]