NBFB(SH:600768)2025-04-28 10:10Financial Performance - The company's operating revenue for Q1 2025 reached ¥220,870,303, a 21.57% increase compared to ¥63,172,273 in the same period last year[4] - Net profit attributable to shareholders was ¥5,083,808, marking a significant turnaround from a loss of ¥1,458,295 in the previous year, representing a 622.05% increase[4] - The basic and diluted earnings per share both improved to ¥0.038, compared to a loss of ¥0.011 per share in the same period last year, reflecting a 660.00% increase[5] - Operating profit for Q1 2025 was CNY 13,400,681.94, up 135.5% from CNY 5,681,716.95 in Q1 2024[17] - Net profit for Q1 2025 was CNY 10,859,154.29, representing an increase of 90.5% compared to CNY 5,700,968.33 in Q1 2024[17] - Total operating revenue for Q1 2025 reached CNY 220,870,303, a 21.5% increase from CNY 181,684,044 in Q1 2024[16] Cash Flow and Assets - The net cash flow from operating activities was ¥9,396,479, a 412.71% increase from a negative cash flow of ¥12,339,090 in the previous year[4] - Cash flow from operating activities for Q1 2025 was CNY 9,396,479.72, compared to CNY 1,832,698.80 in Q1 2024[20] - The company's cash and cash equivalents decreased to RMB 161,744,439.22 from RMB 224,399,007.87, representing a decline of approximately 28%[13] - Cash and cash equivalents at the end of Q1 2025 totaled CNY 72,238,059.60, down from CNY 144,487,675.26 at the end of Q1 2024[21] - The total current assets increased slightly to RMB 694,879,477.51 from RMB 686,408,724.91, reflecting a growth of about 1.5%[14] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,073,219,780.23, a slight increase of 0.56% from ¥1,067,262,943.43 at the end of the previous year[5] - As of March 31, 2025, the total assets amounted to RMB 1,073,219,780.23, an increase from RMB 1,067,262,943.43 on December 31, 2024, reflecting a growth of approximately 0.18%[14] - The total liabilities decreased to RMB 613,563,236.13 from RMB 618,465,553.62, indicating a reduction of about 0.15%[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,517[10] - The company reported no significant changes in the shareholder structure or related party transactions during the reporting period[12] Investments and Acquisitions - The company completed the acquisition of a 55% stake in Electric Alloy, which is expected to enhance profitability and was included in the consolidated financial statements starting December 31, 2024[4] Government Support - The company received government subsidies amounting to ¥3,140,819.40, which positively impacted the financial results[7] Inventory and Receivables - Accounts receivable increased to RMB 160,125,784.37 from RMB 174,913,879.97, showing a decrease of about 8.5%[13] - Inventory rose to RMB 181,820,019.63 from RMB 154,695,251.57, marking an increase of approximately 17.5%[13] Future Accounting Changes - The company will implement new accounting standards starting from 2025, which will involve adjustments to the financial statements at the beginning of the year[22]