MPCSH(SZ:000637)2025-04-28 13:25Financial Performance - The company's operating revenue for Q1 2025 was ¥787,871,572.11, a decrease of 34.00% compared to ¥1,193,726,277.45 in the same period last year[5] - The net loss attributable to shareholders was ¥35,067,900.21, showing an improvement of 20.28% from a loss of ¥43,987,180.18 in the previous year[5] - The company reported a net loss of ¥152,877,426.57, compared to a loss of ¥117,809,526.36 in the previous period[19] - The company reported a net loss of ¥38,631,962.69, compared to a net loss of ¥40,454,995.71 in the previous period, indicating an improvement of approximately 4.5%[22] - The company’s total profit (loss) amounted to -¥37,447,968.75, slightly improved from -¥37,851,260.73 in the previous period[21] Cash Flow - The net cash flow from operating activities decreased by 85.78%, down to ¥6,017,240.48 from ¥42,303,774.67 year-on-year[5] - Operating cash flow for the period was ¥6,017,240.48, a significant decrease from ¥42,303,774.67 in the prior period, reflecting a decline of about 85.8%[24] - The net cash flow from financing activities was ¥65,623,182.23, compared to ¥44,941,781.75 in the prior period, showing an increase of about 46%[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,313,974,535.69, a decline of 3.26% from ¥2,391,863,344.10 at the end of the previous year[5] - Total current assets decreased to ¥771,795,092.50 from ¥830,352,316.24, a reduction of about 7%[18] - Total liabilities decreased to ¥1,591,427,524.99 from ¥1,633,783,213.13, reflecting a reduction of about 3%[19] - Total equity attributable to shareholders decreased by 5.02% to ¥612,736,296.52 from ¥645,132,659.65 at the end of the previous year[5] Earnings Per Share - The company's basic and diluted earnings per share were both -¥0.07, an improvement of 12.50% from -¥0.08 in the same period last year[5] - The company’s basic and diluted earnings per share were both reported at -¥0.07, an improvement from -¥0.08 in the previous period[22] Research and Development - Research and development expenses decreased by 49.94% to ¥2,539,915.58 from ¥5,073,743.34 year-on-year, primarily due to a reduction in R&D projects[8] - Research and development expenses were ¥2,539,915.58, down from ¥5,073,743.34, indicating a decrease of about 50%[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 24,126, with no preferred shareholders having restored voting rights[9] - The largest shareholder, Maoming Port Group, holds 154,917,345 shares, representing 29.80% of the total shares[9] - China Petroleum & Chemical Corporation holds 76,658,001 shares, accounting for 14.75% of the total shares[9] - The controlling shareholder, Maoming Port Group, plans to increase its stake by investing between RMB 10 million and RMB 20 million, aiming for a total increase of 0.65% of the company's issued share capital[11] - As of January 22, 2025, Maoming Port Group has completed its share purchase, acquiring 3,379,200 shares for approximately RMB 12.43 million[11] - The company has no related party relationships among the top ten shareholders, ensuring compliance with regulations[9] - The top ten shareholders do not participate in margin financing or securities lending, except for specific individuals holding shares through credit trading accounts[9] Other Income - The company reported a significant increase in other income, which rose by 3054.44% to ¥438,503.42 compared to ¥13,901.16 in the previous year[8] Operating Costs - Total operating costs amounted to ¥829,088,506.90, down from ¥1,233,323,720.34, indicating a reduction of about 33%[20] - Operating costs included ¥759,539,233.29 in cost of goods sold, which decreased from ¥1,161,334,573.30, reflecting a 35% decline[20] Investment Income - The company achieved investment income of ¥1,225,411.60, compared to no investment income in the previous period, indicating a positive development[21]