Financial Performance - The company's revenue for Q1 2025 was ¥111,200,818.54, representing an increase of 11.09% compared to ¥100,101,295.48 in the same period last year[5] - Net profit attributable to shareholders reached ¥17,025,586.99, a significant increase of 149.54% from ¥6,822,665.66 year-on-year[5] - Basic earnings per share rose to ¥0.2719, reflecting a 153.17% increase from ¥0.1074 in the previous year[5] - The company reported a 168.73% increase in net profit after deducting non-recurring gains and losses, amounting to ¥17,024,844.21 compared to ¥6,335,354.40 last year[5] - Net profit for the current period was ¥17,025,586.99, representing a significant increase of 149.5% from ¥6,822,665.66 in the previous period[21] - Earnings per share (basic) improved to ¥0.2719, up from ¥0.1074 in the previous period[22] Cash Flow - The net cash flow from operating activities was ¥6,167,612.47, up 63.76% from ¥3,766,144.24 in Q1 2024, driven by increased sales and cash receipts[10] - Cash inflow from operating activities totaled ¥57,096,242.73, an increase from ¥46,935,725.46 in the previous period[24] - The net cash flow from operating activities was $6,167,612.47, up from $3,766,144.24 year-over-year[25] - The net cash outflow from investment activities was -$24,781,784.06, compared to a net inflow of $56,061,783.51 last year[25] - Cash inflow from investment activities totaled $90,004,000.00, down from $171,182,600.00 in the previous period[25] - The balance of cash and cash equivalents at the end of the period was $62,115,495.37, down from $308,138,109.68 at the end of the previous period[25] Assets and Liabilities - Total assets decreased by 3.76% to ¥925,440,102.71 from ¥961,609,629.34 at the end of the previous year[5] - The total liabilities decreased to ¥109,517,382.21 from ¥164,177,095.83, reflecting improved financial health[18] - The total equity attributable to shareholders increased to ¥815,922,720.50, up from ¥797,432,533.51 in the previous period[18] - The total current assets decreased from 691,200,032.69 yuan to 597,642,992.84 yuan, a decline of about 13.5%[17] - Cash and cash equivalents decreased from 324,183,258.26 yuan to 203,298,895.56 yuan, a reduction of approximately 37.2%[16] - The total non-current assets increased from 270,409,596.65 yuan to 327,797,109.87 yuan, an increase of approximately 21.3%[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,903[12] - The top 10 shareholders hold a total of 30,338,833 shares, representing 47.01% of the total shares[12] - The company has a total of 1,922,355 shares held in the repurchase special account, accounting for 2.98% of the total share capital[12] Tax and Expenses - The company’s tax expenses surged by 562.17% to ¥2,369,303.61, attributed to the growth in overall performance and profit[10] - The company reported a tax expense of ¥2,369,303.61, compared to ¥357,809.79 in the previous period, indicating higher profitability[21] - Research and development expenses rose to ¥4,403,841.50, compared to ¥3,805,094.65 in the previous period, indicating a focus on innovation[21] - The company paid $13,737,351.01 to employees, an increase from $11,998,499.63 in the previous period[25] - The company paid taxes amounting to $4,920,651.26, compared to $4,619,802.42 last year[25] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[20] - The company has not yet adopted the new accounting standards effective from 2025[26]
远翔新材(301300) - 2025 Q1 - 季度财报