冠中生态(300948) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥22,831,969.21, a decrease of 31.87% compared to ¥33,510,417.38 in the same period last year[5] - The net profit attributable to shareholders was -¥3,733,990.62, representing a decline of 73.63% from -¥2,150,590.16 year-over-year[5] - The company's basic earnings per share decreased by 73.38% to -¥0.0267 from -¥0.0154 in the same period last year[5] - Net profit for the period was a loss of ¥3,733,990.62, compared to a loss of ¥2,150,590.16 in the previous period, indicating a worsening of approximately 73.5%[20] - Total operating revenue decreased to ¥22,831,969.21 from ¥33,510,417.38, a decline of approximately 31.9% year-over-year[19] Cash Flow and Liquidity - The net cash flow from operating activities improved to -¥17,080,163.44, a 75.38% increase compared to -¥69,372,909.34 in the previous year[5] - Operating cash inflow increased significantly to ¥47,885,555.73 from ¥27,871,440.39, an increase of about 71.9%[23] - The ending balance of cash and cash equivalents was ¥157,298,330.06, compared to ¥116,651,562.62 at the end of the previous period[24] - The cash flow from investment activities showed a positive trend with a net inflow, contrasting with the previous year's negative cash flow[24] - The company reported a significant increase in cash received from investment recoveries, totaling ¥227,000,000.00, up from ¥140,000,000.00[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,587,950,453.37, down 2.25% from ¥1,624,498,415.74 at the end of the previous year[5] - The total liabilities decreased to ¥402.21 million from ¥438.36 million, a reduction of 8.2%[16] - Total liabilities decreased to ¥783,706,151.33 from ¥816,520,410.78, a reduction of approximately 4.0%[17] - Total equity attributable to shareholders decreased to ¥804,244,302.04 from ¥807,978,004.96, a decline of about 0.3%[17] Expenses and Cost Management - The company experienced a 46.81% reduction in selling expenses, which amounted to ¥1,093,411.89 compared to ¥2,055,708.48 in the previous year[9] - Total operating costs reduced to ¥31,128,440.99 from ¥38,664,028.96, representing a decrease of about 19.5%[19] - Research and development expenses fell to ¥1,969,785.54 from ¥3,743,869.20, a decrease of about 47.4%[20] Shareholder Information - The total number of common shareholders at the end of the reporting period was 9,679[12] - Qingdao Guanzhong Investment Group Co., Ltd. holds 29.79% of the shares, making it the largest shareholder[12] Other Significant Changes - The company reported a significant increase in other income, which rose by 847.72% to ¥394,986.37 due to increased government subsidies received[9] - The company reported a significant increase in contract liabilities, which rose to ¥420,653.20 from ¥2.26 million, indicating a substantial change in financial obligations[16] - The company established an office in Kyrgyzstan and secured a procurement project in Bishkek worth approximately ¥1.33 million[13] - The company reported a 100% decrease in receivables financing, indicating a shift in financial strategy as the bank acceptance bills matured during the period[9] Audit and Reliability - The company’s first quarter report was not audited, which may impact the perception of financial reliability[25]