迈为股份(300751) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥2,228,670,852.37, representing a slight increase of 0.47% compared to ¥2,218,244,410.32 in the same period last year[5]. - Net profit attributable to shareholders decreased by 37.69% to ¥162,083,185.27 from ¥260,127,571.88 year-on-year[5]. - Basic and diluted earnings per share both fell by 37.63% to ¥0.58 from ¥0.93 year-on-year[5]. - Net profit for the current period was ¥155,466,631.11, a decrease of 35.4% from ¥240,514,282.92 in the previous period[18]. - Operating profit fell to ¥146,608,003.94, down 48.9% from ¥287,102,226.41 in the previous period[18]. Cash Flow - The net cash flow from operating activities saw a significant decline of 5,227.89%, dropping to -¥351,753,554.99 from ¥6,859,611.28 in the previous year[5]. - Cash flow from operating activities showed a net outflow of ¥351,753,554.99, compared to a net inflow of ¥6,859,611.28 in the previous period[20]. - Cash flow from investing activities generated a net inflow of ¥59,471,215.14, down significantly from ¥574,846,488.61 in the previous period[20]. - Cash flow from financing activities resulted in a net inflow of ¥240,938,336.12, compared to ¥631,370,384.36 in the previous period[21]. - The ending cash and cash equivalents balance was ¥4,723,542,731.79, slightly down from ¥4,282,713,860.64 in the previous period[21]. Assets and Liabilities - Total assets at the end of the reporting period were ¥23,084,147,336.28, down 3.16% from ¥23,837,639,258.69 at the end of the previous year[5]. - Current assets decreased from CNY 19,022,222,593.05 to CNY 18,206,018,742.76, a reduction of about 4.29%[14]. - Accounts receivable increased from CNY 3,949,678,495.53 to CNY 4,682,406,262.29, representing a growth of approximately 18.54%[14]. - Inventory decreased from CNY 8,922,623,360.52 to CNY 7,873,976,147.96, a decline of about 11.73%[14]. - Total liabilities decreased from CNY 16,311,268,903.28 to CNY 15,427,310,349.76, a decrease of approximately 5.41%[15]. - The company's equity attributable to shareholders increased from CNY 7,550,794,552.70 to CNY 7,664,338,579.35, an increase of about 1.50%[16]. - Short-term borrowings decreased significantly from CNY 1,043,582,221.21 to CNY 528,484,524.70, a reduction of approximately 49.32%[15]. - The company's cash and cash equivalents slightly decreased from CNY 4,791,426,108.10 to CNY 4,769,439,496.01, a decrease of about 0.45%[14]. - The total non-current assets increased from CNY 4,815,416,665.64 to CNY 4,878,128,593.52, an increase of approximately 1.30%[15]. - The company's retained earnings increased from CNY 3,176,634,435.31 to CNY 3,338,717,620.57, an increase of about 5.11%[16]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 27,587[10]. - Major shareholders include Zhou Jian with 22.12% and Wang Zhenggen with 17.08% of the shares[10]. Operational Insights - The net profit decline was attributed to industry-wide challenges and a cautious approach in asset impairment provisions due to slow order execution[8]. - The company reported a significant decrease in cash receipts from customers, impacting the net cash flow from operating activities[8]. - Research and development expenses increased to ¥237,264,518.95, up from ¥205,978,974.56 in the previous period, reflecting a focus on innovation[17]. - Total operating revenue for the current period reached ¥2,228,670,852.37, a slight increase of 0.5% compared to ¥2,218,244,410.32 in the previous period[17]. - Total operating costs decreased to ¥1,954,693,053.23, down 1.9% from ¥1,993,404,440.72 in the previous period[17]. - The weighted average return on equity decreased to 2.13% from 3.35% in the previous year[5].