康达新材(002669) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 reached ¥877,010,301.56, representing a 63.74% increase compared to ¥535,607,900.26 in the same period last year[4] - Net profit attributable to shareholders was ¥6,371,842.98, a significant turnaround from a loss of ¥24,793,535.64 in the previous year, marking a 125.70% improvement[4] - Basic earnings per share increased to ¥0.021 from a loss of ¥0.083, reflecting a 125.30% improvement[4] - Total operating revenue for the current period reached ¥877,010,301.56, a significant increase from ¥535,607,900.26 in the previous period, representing a growth of approximately 63.8%[26] - The net profit for the current period is 1,888,093.74, a significant recovery from a net loss of 29,773,859.87 in the previous period[27] - The total profit for the current period is 10,791,346.71, compared to a total loss of 27,211,440.54 in the previous period[27] - The operating profit for the current period is 11,044,437.99, a turnaround from an operating loss of 26,996,961.23 in the previous period[27] - The total comprehensive income attributable to the parent company is 6,675,805.38, compared to -24,793,248.99 in the previous period[28] Cash Flow and Assets - The net cash flow from operating activities was negative at ¥-243,787,510.86, a decline of 432.13% compared to a positive cash flow of ¥73,400,210.80 in the same period last year[4] - The company's cash and cash equivalents decreased to ¥495,660,929.09 from ¥799,834,198.31, reflecting a decline of approximately 38.0%[22] - The cash flow from operating activities shows a net outflow of -243,787,510.86, contrasting with a net inflow of 73,400,210.80 in the previous period[28] - The cash flow from investing activities has a net inflow of 92,049,529.25, compared to a net outflow of -173,739,067.26 in the previous period[29] - The cash flow from financing activities resulted in a net outflow of -164,746,680.98, compared to a net inflow of 175,372,943.17 in the previous period[29] - The cash and cash equivalents at the end of the period amount to 405,856,258.35, down from 520,970,285.87 at the end of the previous period[29] Assets and Liabilities - Total assets decreased by 2.78% to ¥6,747,360,816.59 from ¥6,940,150,195.69 at the end of the previous year[4] - Total liabilities decreased to ¥3,849,454,848.97 from ¥4,034,432,086.42, reflecting a reduction of approximately 4.6%[24] - The company's equity attributable to shareholders decreased slightly to ¥2,724,565,896.80 from ¥2,727,894,289.21, a decrease of about 0.1%[24] - The company's fixed assets increased by 34.09% to ¥1,497,341,452.78, primarily due to the transfer of construction projects to fixed assets[9] Shareholder Information - The total number of common shareholders at the end of the reporting period is 22,893[13] - The largest shareholder, Tangshan Industrial Holding Group Co., Ltd., holds 28.81% of the shares, totaling 87,421,621 shares, with 39,918,579 shares pledged[13] - The controlling shareholder, Tangshan Industrial Holding Group, has increased its stake by acquiring 3,266,500 shares, representing 1.08% of the total share capital, for approximately RMB 30.11 million[18] - The company plans to repurchase shares at a price not exceeding RMB 15.00 per share, with a total repurchase amount between RMB 100 million and RMB 200 million[16] - As of March 31, 2025, the company has repurchased a total of 1,372,300 shares, accounting for 0.4523% of the total share capital, with a total transaction amount of RMB 13,240,735[16] Tax and Expenses - The company's income tax expense rose by 247.45% to ¥8,903,252.97, correlating with the increase in total profit[11] - Research and development expenses for the current period were ¥34,134,984.21, down from ¥40,853,417.29 in the previous period, indicating a reduction of approximately 16.5%[26] Other Financial Metrics - The company reported a credit impairment loss of -3,694,467.19, a decline from a gain of 6,345,252.90 in the previous period[27] - The company experienced a 236.26% increase in contract liabilities to ¥120,156,064.23, indicating a rise in customer prepayments[9] - The company reported a significant decrease in other receivables by 90.04% to ¥16,975,655.72, mainly due to the receipt of funds from the sale of subsidiary equity[9] Corporate Governance - The company has initiated a new employee stock ownership plan, with the fourth phase holding 4,673,900 shares[14] - The company’s board of directors and supervisory board will undergo a re-election process on February 10, 2025[15] - The company has not disclosed any relationships or concerted actions among the top ten shareholders[14] - The company has not reported any changes in the participation of major shareholders in margin trading activities[14]