Financial Performance - The company's operating revenue for Q1 2025 was ¥210,061,076.49, a decrease of 14.48% compared to ¥245,620,508.07 in the same period last year[5] - Net profit attributable to shareholders was ¥12,921,768.94, down 15.49% from ¥15,290,471.93 year-on-year[5] - Total operating revenue decreased to ¥210,061,076.49 from ¥245,620,508.07, representing a decline of approximately 14.4% year-over-year[21] - Total operating costs decreased to ¥195,871,456.83 from ¥226,800,567.81, a reduction of about 13.6% year-over-year[21] - Net profit for the period was ¥12,921,768.94, down from ¥15,290,471.93, reflecting a decrease of approximately 15.5% year-over-year[22] - Operating profit decreased to ¥15,196,411.37 from ¥17,936,022.59, a decline of about 15.4% year-over-year[22] - The company reported a basic earnings per share of ¥0.04, a decrease of 20.00% from ¥0.05 in the previous year[5] Cash Flow and Liquidity - The net cash flow from operating activities improved by 52.57%, reaching -¥17,158,669.68 compared to -¥36,177,137.88 in the previous year[5] - Cash flow from operating activities showed a net outflow of ¥17,158,669.68, an improvement compared to the previous outflow of ¥36,177,137.88[24] - Cash and cash equivalents at the end of the period were ¥43,183,440.03, compared to ¥33,209,947.51 at the end of the previous period, indicating an increase of approximately 30.0%[25] - The company's cash and cash equivalents decreased by 45.38%, totaling ¥65,261,151.18 compared to ¥119,473,901.91 at the beginning of the period[8] - The company's cash and cash equivalents decreased from CNY 119,473,901.91 to CNY 65,261,151.18, a drop of approximately 45.49%[17] - The company experienced a net cash outflow from investing activities of ¥33,854,457.06, compared to an outflow of ¥56,166,060.05 in the previous period, indicating a reduction in investment spending[25] - Financing activities generated a net cash inflow of ¥2,664,388.02, a significant decrease from the previous inflow of ¥60,414,716.11, reflecting tighter financing conditions[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,778,765,508.15, a decrease of 4.27% from ¥1,858,146,205.53 at the end of the previous year[5] - The company's total assets decreased from CNY 1,858,146,205.53 at the beginning of the period to CNY 1,778,765,508.15 at the end of the period, representing a decline of approximately 4.29%[17] - Current assets decreased from CNY 1,112,928,190.57 to CNY 1,006,016,563.46, a reduction of about 9.57%[17] - Total liabilities decreased from CNY 791,219,185.31 to CNY 716,488,562.92, a decline of about 9.43%[18] - The total equity attributable to shareholders was ¥1,062,276,945.23, a slight decrease of 0.44% from ¥1,066,927,020.22 at the end of the previous year[5] - The total equity attributable to the parent company decreased from CNY 1,066,927,020.22 to CNY 1,062,276,945.23, a slight decline of approximately 0.44%[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 26,860[10] - The number of restricted shares held by major shareholders decreased by 6,191,350 shares during the reporting period[13] Government Support and R&D - The company received government subsidies amounting to ¥2,028,419.74, an increase of 120.91% compared to ¥918,204.85 in the previous year[8] - Research and development expenses remained stable at ¥12,319,115.83, slightly up from ¥12,125,641.14, reflecting a focus on innovation[21] Business Expansion - The company plans to expand its business scope as approved in the recent shareholder meeting[15]
中洲特材(300963) - 2025 Q1 - 季度财报