德创环保(603177) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 220,070,817.36, a decrease of 1.98% compared to CNY 224,512,594.23 in the same period last year[4] - The net profit attributable to shareholders was CNY 10,954,403.12, down 26.71% from CNY 14,946,072.37 year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 8,261,021.66, a decline of 44.24% compared to CNY 14,814,935.28 in the previous year[4] - The basic earnings per share decreased by 14.29% to CNY 0.06 from CNY 0.07 in the same period last year[4] - The weighted average return on equity was 3.35%, down 0.59 percentage points from 3.94% in the previous year[4] - Net profit for Q1 2025 was CNY 9,470,810.01, down 36.06% from CNY 14,865,198.44 in Q1 2024[20] - Operating profit for Q1 2025 was CNY 12,124,384.84, a decrease of 20.56% from CNY 15,299,629.96 in Q1 2024[19] - Comprehensive income for Q1 2025 was CNY 9,854,759.86, down from CNY 15,157,003.33 in Q1 2024[20] Cash Flow - The net cash flow from operating activities was -CNY 49,257,031.24, worsening from -CNY 25,801,558.85 in the same period last year[4] - Cash flow from operating activities for Q1 2025 was negative CNY 49,257,031.24, compared to negative CNY 25,801,558.85 in Q1 2024[24] - The net cash flow from investing activities was -$13,763,941.69, compared to -$12,212,950.71 in the previous period, indicating an increase in cash outflow[25] - The net cash flow from financing activities was $19,552,603.17, a significant increase from $5,885,096.76 in the prior period[25] - Cash and cash equivalents at the end of the period totaled $47,184,328.14, up from $23,823,639.39 in the previous period[25] - The net increase in cash and cash equivalents was -$42,817,998.65, compared to -$31,458,854.18 in the prior period[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,871,193,378.77, an increase of 2.06% from CNY 1,833,351,121.03 at the end of the previous year[5] - The total liabilities as of March 31, 2025, were RMB 1,140,987,994.12, compared to RMB 1,127,395,507.45 at the end of 2024, representing an increase of about 1.6%[15] - Total equity attributable to shareholders was CNY 388,140,663.27, an increase of 3.69% from CNY 376,750,111.77 in the previous year[16] - The company's total assets reached RMB 1,871,193,378.77, up from RMB 1,833,351,121.03, marking an increase of approximately 2.1%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 12,340[10] - The equity attributable to shareholders increased by 3.02% to CNY 388,140,663.27 from CNY 376,750,111.77 at the end of the previous year[5] Expenses - Total operating costs for Q1 2025 were CNY 209,204,292.37, an increase of 1.48% compared to CNY 206,235,647.79 in Q1 2024[19] - Research and development expenses for Q1 2025 were CNY 14,838,080.70, an increase of 16.27% from CNY 12,765,103.19 in Q1 2024[19] Government Support - The company received government subsidies amounting to CNY 1,635,027.24, which had a significant impact on its financial performance[6] Accounting Standards - The company did not apply new accounting standards starting from 2025[26]