Sinoma-ec/SEC(SH:603126)2025-04-28 12:40Financial Performance - The company's operating revenue for Q1 2025 was ¥545,700,677.01, a decrease of 0.53% compared to ¥548,627,998.84 in the same period last year[5]. - The net profit attributable to shareholders was -¥8,364,335.14, representing a decline of 131.31% from ¥26,716,716.29 year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥9,970,856.95, a decrease of 145.02% compared to ¥22,145,587.05 in the previous year[5]. - The basic earnings per share were -¥0.0137, down 131.28% from ¥0.0438 in the same period last year[5]. - The diluted earnings per share were also -¥0.0137, reflecting a 131.28% decrease compared to the previous year's ¥0.0438[5]. - The weighted average return on equity was -0.41%, a decrease of 1.67 percentage points from 1.26% year-on-year[5]. - Total operating revenue for Q1 2025 was ¥545.7 million, a slight decrease of 0.17% compared to ¥548.6 million in Q1 2024[19]. - Net profit for Q1 2025 was a loss of ¥10.8 million, compared to a net profit of ¥26.6 million in Q1 2024, representing a significant decline[20]. - The company experienced a total comprehensive loss of ¥10.6 million in Q1 2025, compared to a comprehensive income of ¥22.1 million in Q1 2024[20]. Assets and Liabilities - The total assets at the end of the reporting period were ¥5,071,683,833.17, a decrease of 1.19% from ¥5,132,709,471.89 at the end of the previous year[5]. - As of March 31, 2025, the total assets of the company amounted to RMB 5,071,683,833.17, a decrease from RMB 5,132,709,471.89 as of December 31, 2024, reflecting a decline of approximately 1.2%[14]. - The company's current assets totaled RMB 3,567,734,725.43, slightly down from RMB 3,625,839,632.50, indicating a decrease of about 1.6%[14]. - The company's cash and cash equivalents decreased to RMB 899,529,952.51 from RMB 1,036,216,519.63, representing a decline of approximately 13.2%[14]. - Accounts receivable stood at RMB 1,110,075,493.27, showing a marginal decrease from RMB 1,113,279,191.12, which is a reduction of about 0.3%[14]. - The total liabilities of the company were RMB 2,633,898,668.19, down from RMB 2,684,314,339.78, reflecting a decrease of approximately 1.9%[16]. - The company's equity attributable to shareholders was RMB 2,033,983,208.65, a slight decrease from RMB 2,042,072,870.00, indicating a decline of about 0.4%[16]. Cash Flow - The net cash flow from operating activities was -¥155,804,416.94, an improvement from -¥309,646,449.62 in the same period last year[5]. - The net cash flow from operating activities for Q1 2025 was a negative ¥155.8 million, an improvement from a negative ¥309.6 million in Q1 2024[22]. - Investment activities resulted in a net cash outflow of ¥5.8 million in Q1 2025, compared to a net inflow of ¥0.1 million in Q1 2024[23]. - Financing activities generated a net cash inflow of ¥6.8 million in Q1 2025, down from ¥19.6 million in Q1 2024[23]. Shareholder Information - The company reported a total of 51,231 common shareholders at the end of the reporting period[11]. - The largest shareholder, China National Materials Group Corporation, holds 50.66% of the shares, totaling 309,275,786 shares[11]. Costs and Expenses - Total operating costs increased to ¥560.6 million in Q1 2025, up 5.28% from ¥532.5 million in Q1 2024[19]. - Research and development expenses rose to ¥25.5 million in Q1 2025, up 13.7% from ¥22.4 million in Q1 2024[19]. Borrowings - The company's short-term borrowings increased to RMB 54,483,291.90 from RMB 48,492,183.18, reflecting an increase of about 10.1%[16]. - The company's long-term borrowings rose to RMB 264,052,912.91 from RMB 249,533,558.07, indicating an increase of approximately 5.8%[16]. Other Information - The company has not reported any significant changes in shareholder relationships or participation in margin financing activities[12].