Financial Performance - Operating revenue for Q1 2025 reached CNY 74,458,066.25, representing a 21.02% increase year-on-year[7] - Net profit attributable to shareholders decreased by 16.03% to CNY 7,014,667.10 compared to the same period last year[7] - The company reported a 347.52% increase in other income to CNY 1,046,300.41, mainly from government subsidies[9] - Total operating revenue for Q1 2025 reached ¥74,458,066.25, an increase from ¥61,527,274.82 in Q1 2024, representing a growth of approximately 20.5%[32] - Net profit for Q1 2025 was ¥7,041,879.70, compared to ¥8,400,905.85 in Q1 2024, reflecting a decrease of approximately 16.2%[33] - The total comprehensive income for Q1 2025 was CNY 7,263,535.20, compared to CNY 8,359,297.43 in Q1 2024, reflecting a decline of approximately 13.1%[35] Cash Flow - Cash flow from operating activities decreased by 41.09% to CNY 10,799,460.02, primarily due to a reduction in cash received from sales[10] - The net cash flow from operating activities for Q1 2025 was CNY 10,799,460.02, a decrease from CNY 18,332,040.53 in Q1 2024[37] - The cash inflow from operating activities totaled CNY 56,487,097.10 in Q1 2025, down from CNY 67,987,779.64 in Q1 2024, a decrease of approximately 16.8%[36] - The company reported a net cash outflow from investing activities of CNY 45,069,168.61 in Q1 2025, contrasting with a net inflow of CNY 10,241,535.14 in Q1 2024[37] - Cash and cash equivalents at the end of Q1 2025 were CNY 54,695,067.13, down from CNY 56,668,556.69 at the end of Q1 2024[37] Assets and Liabilities - Total assets increased by 2.77% to CNY 612,854,492.13 compared to the end of last year[7] - Total current assets increased to ¥397,347,213.42 as of March 31, 2025, compared to ¥380,683,459.74 on December 31, 2024, reflecting a growth of approximately 4.4%[26] - Total liabilities increased to ¥149,510,188.84 as of March 31, 2025, up from ¥140,346,696.98, indicating a growth of about 8.3%[28] - The company has a total of 16,367,311.10 in assets that are frozen or pledged, representing 2.67% of total assets[23] Shareholder Information - The total number of unrestricted shares at the end of the period is 24,580,687, representing 28.08% of total shares[14] - The total number of restricted shares at the end of the period is 62,969,315, representing 71.92% of total shares[14] - The largest shareholder, Ding Yunlong, holds 28,624,352 shares, accounting for 32.69% of total shares[15] - The second-largest shareholder, Wuxi Fangsheng Industrial Co., Ltd., holds 11,202,412 shares, accounting for 12.80% of total shares[15] - The company has 4,985 common shareholders at the end of the period[14] Expenses - Research and development expenses for Q1 2025 were ¥3,001,441.75, slightly down from ¥3,173,800.40 in Q1 2024, indicating a decrease of about 5.4%[32] - Cash paid for investments surged to $130,000,000.00 from $40,000,000.00, marking a 225% increase[39] - Cash paid to employees increased to $21,724,466.40 from $19,932,696.13, an increase of 9.0%[39] - Cash paid for taxes decreased significantly to $1,011,506.14 from $2,917,478.24, a reduction of 65.4%[39] Equity - The weighted average return on equity based on net profit attributable to shareholders was 1.53%, down from 1.87% in the previous year[7] - The company’s total equity increased to ¥460,307,696.85 from ¥453,044,161.65, representing a growth of about 1.6%[31]
方盛股份(832662) - 2025 Q1 - 季度财报