Revenue and Profitability - The company's revenue for Q1 2025 was ¥20,569,001.82, a decrease of 16.86% compared to ¥24,741,109.48 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥5,070,376.66, representing a decline of 244.16% from a profit of ¥3,517,308.66 in the previous year[5] - Basic and diluted earnings per share were both -¥0.0500, a decrease of 225.00% from ¥0.0400 in the previous year[5] - Operating profit turned negative at ¥-6,580,055.57, down from a positive ¥3,555,638.33 in the prior year[20] - Net profit for the period was a loss of ¥5,070,376.66 compared to a profit of ¥3,517,308.66 in the previous period, indicating a significant decline[21] Cash Flow and Liquidity - The net cash flow from operating activities improved by 70.46%, reaching -¥11,303,454.01 compared to -¥38,265,922.35 in the same period last year[5] - Cash flow from operating activities showed an increase in cash received from sales to ¥8,676,081.35, up from ¥2,729,121.63[23] - The net cash flow from investment activities was $95,063,746.36, a turnaround from -$211,090,867.73 previously, showing a positive shift in investment performance[24] - Cash and cash equivalents at the end of the period totaled $204,882,467.85, up from $154,738,522.44, indicating an increase in liquidity[24] - The cash flow from operating activities totaled $21,656,768.15, down from $6,794,606.27, reflecting a decline in operational cash generation[24] Assets and Liabilities - Total assets at the end of Q1 2025 were ¥1,211,029,873.41, down 2.19% from ¥1,238,125,160.01 at the end of the previous year[5] - Total current assets amount to ¥810,065,466.80, a decrease from ¥836,311,082.17 at the beginning of the period[17] - Total liabilities decreased to ¥89,761,092.27 from ¥111,786,002.21, a reduction of approximately 19.7%[18] - The company’s non-current liabilities decreased to ¥1,047,906.15 from ¥1,674,833.64, a decrease of about 37.4%[18] - Total equity attributable to shareholders decreased slightly to ¥1,121,268,781.14 from ¥1,126,339,157.80[18] Shareholder Information - Total number of common shareholders at the end of the reporting period is 11,130[13] - The largest shareholder, Chen Yue, holds 46.25% of shares, totaling 44,030,000 shares[13] - The second largest shareholder, Ningbo Zhongtie Changlong Investment Co., Ltd., holds 25.00% of shares, totaling 23,800,000 shares[13] Expenses and Costs - Total operating costs increased to ¥22,371,455.48 from ¥20,808,176.31, marking an increase of about 7.5% year-over-year[20] - The company reported a significant increase in tax expenses, which rose by 947.80% to ¥853,575.23, primarily due to property tax from new facilities[11] - The company reported a significant increase in tax expenses, with income tax expense rising to ¥-1,509,678.91 from ¥45,961.33[20] - The company experienced a 52.06% decline in investment income, which fell to ¥828,226.80 compared to ¥1,727,503.09 in the previous year[11] Government Support and Financial Management - The company received government subsidies amounting to ¥88,750.00 during the reporting period[6] - The company’s financial expenses decreased by 128.89%, resulting in -¥519,837.88 due to increased interest income[11] Audit and Reporting - The first quarter report was not audited, which may affect the reliability of the financial data presented[25] - The company has not disclosed any new strategies or product developments during the reporting period[15]
北方长龙(301357) - 2025 Q1 - 季度财报