Financial Performance - The company's revenue for Q1 2025 was CNY 48,422,939.96, representing a 21.95% increase compared to CNY 39,708,508.13 in the same period last year[5]. - Net profit attributable to shareholders was CNY 567,488.39, a significant turnaround from a loss of CNY 8,868,715.54 in the previous year, marking a 106.40% improvement[5]. - The company's operating profit for the current period was -50,053.94, compared to -10,748,065.62 in the previous period, indicating a significant improvement[21]. - The total profit for the current period was -1,083,529.77, an improvement from -12,849,136.73 in the previous period[21]. - Basic and diluted earnings per share were both 0.01, compared to -0.13 in the previous period[21]. Cash Flow and Liquidity - The net cash flow from operating activities improved by 79.34%, with a net outflow of CNY 13,560,186.45 compared to CNY 65,639,995.29 in the previous year[5]. - Operating cash inflow increased to ¥77,133,666, a 107.53% increase compared to ¥37,167,784 from the previous period, primarily due to enhanced collection efforts on accounts receivable[11]. - Cash inflow from operating activities totaled 77,133,666.00, up from 37,167,784.76 in the previous period[23]. - The cash flow from operating activities was -13,560,186.45, an improvement from -65,639,995.29 in the previous period[23]. - The ending cash and cash equivalents balance was 190,155,296.23, compared to 126,915,657.19 in the previous period[24]. Assets and Liabilities - The company's total assets increased by 3.72% to CNY 1,383,325,610.07 from CNY 1,333,766,753.86 at the end of the previous year[5]. - The total liabilities increased to CNY 614,137,604.52 from CNY 567,349,933.28, indicating an increase of about 8.2%[18]. - The company experienced a 522.78% increase in non-current liabilities due to additional loans for long-term projects, reaching CNY 44,924,589.47[9]. - Short-term borrowings rose by 30.01% to CNY 60,095,862.95, indicating increased utilization of bank credit[9]. Investments and Expenses - Research and development expenses decreased by 30.56% to CNY 3,572,466.70, primarily due to a shift towards in-house R&D[8]. - The company has significantly increased its investment in fixed assets, with payments for fixed assets, intangible assets, and other long-term assets amounting to ¥292,906,059, an increase of 8513.80% from the previous period[11]. - Cash outflow from investment activities surged to ¥332,906,060, marking a 442.19% increase from ¥61,400,426, driven by investments in large computing power and photovoltaic projects[11]. - The company reported a 196.75% increase in financial expenses to CNY 1,805,918.66, attributed to increased financing for computing power projects[8]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,667[13]. - The largest shareholder, Lin Mingling, holds 28.80% of shares, with 19,327,824 shares pledged[13]. - The second-largest shareholder, Ma Xuepei, owns 6.23% of shares, with 4,182,120 shares pledged[13]. Overall Business Strategy - The company is undergoing a digital transformation strategy, which includes changes in senior management roles to better support business development[16].
天亿马(301178) - 2025 Q1 - 季度财报