*ST京蓝(000711) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥126,328,389.45, a significant increase of 1,977.26% compared to ¥6,081,494.19 in the same period last year[5] - The net loss attributable to shareholders was ¥12,951,476.19, showing a slight improvement of 2.55% from a loss of ¥13,290,163.75 in the previous year[5] - The net cash flow from operating activities improved by 89.45%, reaching -¥15,469,712.85 compared to -¥146,683,819.60 in the same period last year[5] - Revenue for the current period has significantly increased compared to the same period last year, but there was a notable decline compared to Q4 2024 due to seasonal production halts[12] - The net loss for the current period was ¥13,824,382.86, an improvement compared to a net loss of ¥15,227,797.78 in the previous period, reflecting a reduction in losses of approximately 9.2%[20] - The company reported a gross profit margin of approximately -18.0% for the current period, compared to -146.5% in the previous period[18] - The basic and diluted earnings per share were both reported at -0.0045, slightly improved from -0.0047 in the previous period[20] Assets and Liabilities - The company's total assets decreased by 3.22% to ¥1,216,082,626.72 from ¥1,256,596,909.85 at the end of the previous year[5] - Total current assets decreased from CNY 852,718,635.18 to CNY 805,973,236.91[15] - Accounts receivable decreased from CNY 316,743,865.89 to CNY 284,522,867.11[14] - Total liabilities decreased from CNY 1,256,596,909.85 to CNY 1,216,082,626.72[15] - The company's total liabilities decreased to ¥499,562,123.20 from ¥535,498,872.51, a reduction of about 6.7%[16] - The total equity attributable to shareholders of the parent company was ¥660,986,237.37, slightly down from ¥664,845,606.89, a decrease of approximately 0.6%[16] Inventory and Operating Costs - The company's inventory increased by 30.76% to ¥149,434,424.34, attributed to the purchase of raw materials and self-produced inventory[8] - The company reported a significant increase in operating costs, which rose by 2,273.16% to ¥118,509,225.08, primarily due to the resource recovery and processing of non-ferrous metals[8] - Total operating costs amounted to ¥149,001,630.72, up from ¥23,964,733.05, indicating an increase of about 522%[18] Cash Flow - The net cash flow from operating activities was negative at ¥15,469,712.85, an improvement from a negative cash flow of ¥146,683,819.60 in the previous period[21] - The company received cash inflows from operating activities totaling ¥184,687,998.28, compared to ¥38,893,276.71 in the previous period, marking an increase of approximately 373%[21] - Cash flow from investment activities showed a net outflow of -$6,391,588.00 and -$14,830,500.00 respectively[22] - Cash inflow from financing activities amounted to $12,850,000.00, while cash outflow totaled $1,024,000.00, resulting in a net cash flow of $11,826,000.00[22] - The net increase in cash and cash equivalents was -$10,035,300.85 and -$179,943,330.98 for the respective periods[22] - The ending balance of cash and cash equivalents was $7,153,377.91 and $290,337,908.07 respectively[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 28,797, with the largest shareholder holding 18.90% of the shares[10] Business Strategy and Future Outlook - The company plans to continue focusing on resource recovery and processing as a key growth area moving forward[8] - The company is transitioning to a new business model focused on zinc-indium solid hazardous waste resource utilization, with significant growth expected from this sector starting September 2024[12] - The company is actively pursuing mergers and acquisitions to enhance its technological capabilities and expedite production recovery[12] Other Information - The first quarter report was not audited[23] - The first quarter typically sees a substantial decrease in profits due to production stoppages around the Chinese New Year, leading to losses from depreciation, labor, and interest expenses[12] - The company recorded a fair value change gain of ¥6,789,987.32, resulting from the stock price changes of a subsidiary awaiting debt restructuring[8] - Research and development expenses for the current period were ¥546,732.86, down from ¥3,586,907.18, indicating a decrease of about 84.7%[18] - The weighted average return on net assets was -1.94%, slightly lower than -1.84% in the previous year[5] - Non-current assets increased from CNY 403,878,274.67 to CNY 410,109,389.81[15]