球冠电缆(834682) - 2025 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 24.11% to CNY 16,075,919.70 year-on-year[10] - Operating revenue rose by 5.63% to CNY 641,973,029.81 for the first quarter of 2025[10] - Total operating revenue for Q1 2025 reached ¥641,973,029.81, an increase from ¥607,729,165.58 in Q1 2024, representing a growth of approximately 5.6%[35] - Net profit for Q1 2025 was ¥16,075,919.70, down from ¥21,184,145.42 in Q1 2024, reflecting a decrease of approximately 24.1%[36] - Total profit for Q1 2025 was ¥19,411,337.62, compared to ¥24,851,112.17 in Q1 2024, representing a decline of about 21.8%[36] - Basic and diluted earnings per share for Q1 2025 were both ¥0.06, compared to ¥0.08 in Q1 2024, showing a decline of 25%[37] Assets and Liabilities - Total assets increased by 5.55% to CNY 2,580,269,186.37 compared to the end of last year[10] - Total liabilities rose to ¥1,448,417,435.70, up from ¥1,328,873,690.22, indicating an increase of about 9.0%[30] - Current liabilities totaled ¥1,169,244,820.19, compared to ¥1,094,124,529.10, reflecting a rise of approximately 6.5%[30] - Non-current liabilities increased to ¥279,172,615.51 from ¥234,749,161.12, marking a growth of around 18.9%[34] - Shareholders' equity reached ¥1,131,851,750.67, up from ¥1,115,775,830.97, showing an increase of about 1.4%[30] Cash Flow - Cash flow from operating activities showed a significant decline of 406.43%, resulting in a net outflow of CNY -156,173,822.12[10] - Operating cash inflow for Q1 2025 was CNY 603.77 million, a decrease of 9.6% compared to CNY 667.80 million in Q1 2024[39] - Operating cash outflow for Q1 2025 totaled CNY 759.95 million, an increase of 23.1% from CNY 616.84 million in Q1 2024[40] - Net cash flow from operating activities for Q1 2025 was -CNY 156.17 million, compared to a positive CNY 50.97 million in Q1 2024[40] - Total cash and cash equivalents at the end of Q1 2025 were CNY 146.28 million, down from CNY 268.75 million at the end of Q1 2024[40] Inventory and Receivables - Inventory increased by 40.77% to CNY 604,334,183.70, driven by higher copper prices and increased stock levels[11] - Accounts receivable increased from 1,153,515,069.35 CNY to 1,174,272,884.09 CNY, reflecting a growth of about 1.79%[28] - Inventory rose significantly from 429,310,761.10 CNY to 604,334,183.70 CNY, an increase of approximately 40.67%[28] Shareholder Information - The total number of ordinary shareholders increased to 13,697 by the end of the reporting period[17] - The total number of shares held by the top ten shareholders is 171,838,636, representing 63.54% of the total shares[19] - The largest shareholder, Ningbo Beilun Thomas Investment Co., Ltd., holds 54,299,700 shares, accounting for 20.08%[19] Other Financial Metrics - The company's debt-to-asset ratio (consolidated) rose to 56.13%, up from 54.36% at the end of the previous year[10] - The weighted average return on net assets based on net profit attributable to shareholders decreased to 1.43% from 1.97%[10] - Research and development expenses in Q1 2025 amounted to ¥23,191,679.62, up from ¥21,841,112.02 in Q1 2024, marking an increase of about 6.2%[35] - Financial expenses for Q1 2025 were ¥6,687,550.34, slightly higher than ¥6,256,100.69 in Q1 2024, which is an increase of approximately 6.9%[35] - Other income for Q1 2025 was ¥3,181,621.16, down from ¥6,422,090.52 in Q1 2024, indicating a decrease of about 50.5%[35]