Financial Performance - The company's operating revenue for Q1 2025 was CNY 190,979,383.91, a decrease of 38.45% compared to CNY 310,266,374.74 in the same period last year[4] - Net profit attributable to shareholders was CNY 33,486,001.64, down 63.17% from CNY 90,918,722.70 year-on-year[4] - The net profit after deducting non-recurring gains and losses was CNY 28,028,716.49, reflecting a decline of 68.37% compared to CNY 88,604,859.39 in the previous year[4] - Basic earnings per share decreased by 71.43% to CNY 0.10 from CNY 0.35 in the same period last year[5] - The total operating profit for Q1 2025 is CNY 38,832,099.18, a decrease of 63.3% from CNY 105,539,022.51 in Q1 2024[18] - The company reported a tax expense of CNY 7,888,392.71 for Q1 2025, compared to CNY 14,796,056.29 in Q1 2024[18] Cash Flow and Investments - The company reported a net cash flow from operating activities of CNY 22,455,475.95, down 18.35% from CNY 27,503,377.84 in the previous year[4] - The cash flow from operating activities for Q1 2025 is CNY 22,455,475.95, compared to CNY 27,503,377.84 in Q1 2024, indicating a decrease of 18.5%[22] - Investment cash inflow for Q1 2025 is CNY 523,256,924.60, significantly higher than CNY 20,700,834.17 in Q1 2024[22] - The net cash flow from investment activities in Q1 2025 is CNY 95,177,378.04, a recovery from a negative CNY 356,052,708.30 in Q1 2024[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,563,946,381.33, a slight decrease of 0.46% from CNY 4,585,115,204.82 at the end of the previous year[5] - Current assets totaled CNY 2,617,450,109.77 as of March 31, 2025, a slight decrease from CNY 2,694,955,168.71 at the end of 2024[12] - Non-current assets increased to CNY 1,946,496,271.56 from CNY 1,890,160,036.11, reflecting a growth of 3.0%[13] - Total liabilities were CNY 448,661,461.47, down from CNY 504,853,849.73, indicating a reduction of 11.1%[14] - Shareholders' equity increased to CNY 4,115,284,919.86 from CNY 4,080,261,355.09, reflecting a growth of 0.9%[14] Market Conditions - The decline in revenue and profit was attributed to industry cyclical fluctuations and increased market competition, impacting product pricing and profit margins[7] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,935[8]
巍华新材(603310) - 2025 Q1 - 季度财报