泰豪科技(600590) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥956,254,787.46, representing an increase of 8.29% compared to ¥883,032,681.62 in the same period last year[5] - Net profit attributable to shareholders reached ¥34,737,573.51, a significant increase of 751.84% from ¥4,077,937.59 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥47,354,799.01, up 15.03% from ¥41,167,857.66 in the previous year[5] - The basic earnings per share rose to ¥0.041, reflecting a 720.00% increase compared to ¥0.005 in the same period last year[5] - Operating profit for Q1 2025 was ¥79,465,224.40, significantly higher than ¥16,683,847.75 in Q1 2024, indicating a substantial improvement in operational efficiency[21] - Net profit for Q1 2025 was ¥61,975,022.83, compared to ¥15,721,825.93 in Q1 2024, reflecting a year-over-year increase of approximately 294.5%[21] - The total comprehensive income for Q1 2025 was ¥61,978,292.61, compared to ¥15,737,582.67 in Q1 2024, indicating a strong performance in overall profitability[22] Cash Flow - The net cash flow from operating activities was negative at -¥197,341,297.23, a decline of 718.48% compared to ¥31,907,303.05 in the previous year[5] - Cash flow from operating activities for Q1 2025 was negative at -197,341,297.23, compared to a positive cash flow of 31,907,303.05 in Q1 2024, representing a significant decline[24] - Total cash inflow from operating activities decreased to 1,156,384,736.37 in Q1 2025 from 1,415,899,302.37 in Q1 2024, a drop of approximately 18.3%[25] - Cash outflow from operating activities increased slightly to 1,353,726,033.60 in Q1 2025 from 1,383,991,999.32 in Q1 2024, indicating a marginal rise of about 1.2%[25] - Cash flow from investing activities showed a net inflow of 329,348,651.08 in Q1 2025, a recovery from a net outflow of -55,613,830.50 in Q1 2024[26] - Cash inflow from financing activities decreased to 771,563,153.87 in Q1 2025 from 842,120,236.98 in Q1 2024, reflecting a decline of approximately 8.3%[26] - The company reported a significant increase in cash outflow for financing activities, which rose to 1,271,423,847.74 in Q1 2025 from 1,103,406,720.57 in Q1 2024, an increase of about 15.3%[26] - The ending cash and cash equivalents balance for Q1 2025 was 639,530,692.81, down from 748,660,223.75 in Q1 2024, a decrease of approximately 14.6%[26] - The company experienced a negative net increase in cash and cash equivalents of -367,847,705.11 in Q1 2025, compared to -284,616,248.31 in Q1 2024, reflecting a worsening cash position[26] Assets and Liabilities - Total assets decreased by 7.09% to ¥11,303,219,174.60 from ¥12,165,782,398.94 at the end of the previous year[8] - Total liabilities decreased from ¥7,912,841,083.16 to ¥6,987,460,910.01, a decline of approximately 11.6%[17] - The company's equity increased from ¥4,252,941,315.78 to ¥4,315,758,264.59, showing a growth of about 1.5%[17] - Current assets as of March 31, 2025, amount to ¥8,004,137,640.57, a decrease from ¥8,647,339,297.30 as of December 31, 2024[15] - Cash and cash equivalents decreased to ¥979,914,489.85 from ¥1,260,535,793.95[15] - Accounts receivable slightly decreased to ¥3,682,526,529.91 from ¥3,708,596,179.32[15] - Inventory decreased to ¥2,285,725,779.03 from ¥2,463,459,169.31[15] - Long-term equity investments increased to ¥917,443,303.39 from ¥815,972,989.84[15] - Other non-current financial assets decreased to ¥800,775,319.97 from ¥1,110,682,129.54[15] Shareholder Information - Total shareholders at the end of the reporting period reached 88,252[12] - The largest shareholder, Tongfang Co., Ltd., holds 167,315,574 shares, representing 19.62% of total shares[12] - The second-largest shareholder, Taihao Group Co., Ltd., holds 128,569,272 shares, accounting for 15.07% of total shares, with 127,500,000 shares pledged[12] Expenses - The company reported a significant decrease in financial expenses by 30.51% due to a reduction in interest-bearing liabilities[9] - The income tax expense increased by 314.20% due to the growth in total profit for the period[9] - Research and development expenses for Q1 2025 were ¥16,000,071.10, slightly down from ¥16,274,520.46 in Q1 2024, indicating a focus on cost management[21] - The company reported a significant increase in credit impairment losses, which rose to ¥49,996,083.78 from ¥43,826,736.29 in the previous year[21]