国茂股份(603915) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 601,698,015.35, representing a year-on-year increase of 2.82% compared to CNY 585,210,882.65 in the same period last year[4]. - Net profit attributable to shareholders decreased by 33.43% to CNY 43,033,691.66 from CNY 64,645,049.14 in the previous year[4]. - Basic earnings per share decreased by 30.00% to CNY 0.07 from CNY 0.10 in the previous year[5]. - The net profit after deducting non-recurring gains and losses also fell by 33.31% to CNY 38,321,410.58 from CNY 57,465,566.84 in the previous year[4]. - The company reported a total comprehensive income of ¥43,536,198.19 for Q1 2025, compared to ¥64,457,612.59 in Q1 2024, a decrease of 32.4%[20]. Cash Flow - The net cash flow from operating activities turned negative at CNY -89,972,573.42, a significant decline from CNY 7,063,675.58 in the same period last year, marking a decrease of 1,373.74%[4]. - In Q1 2025, the cash inflow from operating activities was CNY 541,220,703.75, a decrease of 9.36% compared to CNY 597,072,995.82 in Q1 2024[21]. - The total cash outflow from operating activities was CNY 631,193,277.17, an increase from CNY 590,009,320.24 in the previous year[21]. - The ending cash and cash equivalents balance was CNY 488,377,997.91, down from CNY 630,551,051.30 in Q1 2024[22]. - Cash inflow from investment activities totaled CNY 417,586,570.18, down 33.24% from CNY 625,469,805.81 in Q1 2024[22]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 5,225,894,666.87, down 2.28% from CNY 5,347,623,831.51 at the end of the previous year[5]. - Current assets decreased to RMB 3,519,005,721.66 from RMB 3,614,364,049.45, indicating a decline of approximately 2.63%[14]. - The total liabilities decreased from ¥1,629,015,121.70 in the previous period to ¥1,463,749,758.87, a reduction of 10.2%[16]. - The total equity attributable to shareholders increased to ¥3,702,809,083.69 from ¥3,659,766,282.33, reflecting a growth of 1.2%[16]. Operational Efficiency - The decline in net profit was primarily attributed to a decrease in product prices, leading to a lower gross profit margin[8]. - The company's cash flow management strategies are under review to enhance liquidity and operational efficiency[19]. - The company reported no significant changes in the shareholder structure or any related party transactions during the reporting period[12]. - The company has not engaged in any margin financing or securities lending activities during the reporting period[12]. Research and Development - The company's R&D expenses increased to ¥30,513,108.59 in Q1 2025, compared to ¥24,030,803.52 in Q1 2024, marking a growth of 27.1%[19]. Future Outlook - Future outlook includes a focus on expanding market presence and investing in new technologies to drive growth[19]. - There are no significant new strategies or product developments mentioned in the conference call[13].