京源环保(688096) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥75,666,658.36, representing a 50.85% increase compared to ¥50,160,122.79 in the same period last year[2] - Net profit attributable to shareholders was ¥1,952,044.38, a significant recovery from a loss of ¥6,198,750.12 in the previous year[2] - The net profit for Q1 2025 was CNY 1,917,294.98, a significant recovery from a net loss of CNY 6,189,650.82 in Q1 2024, indicating a turnaround in performance[18] - Operating profit for the current period was CNY 3,573,013.82, compared to an operating loss of CNY 5,461,875.21 in the previous year, reflecting improved operational efficiency[18] - The total comprehensive income for Q1 2025 was CNY 1,917,294.98, a recovery from a comprehensive loss of CNY 6,189,650.82 in the same period last year[19] - The company's basic and diluted earnings per share for Q1 2025 were both CNY 0.01, compared to a loss per share of CNY 0.04 in Q1 2024, indicating a positive shift in profitability[19] Cash Flow and Liquidity - The net cash flow from operating activities increased by 286.18%, reaching ¥109,031,825.48, up from ¥28,233,547.39 in the previous year[2] - Cash flow from operating activities increased to CNY 109,031,825.48 in Q1 2025, up from CNY 28,233,547.39 in Q1 2024, demonstrating strong cash generation capabilities[21] - Cash and cash equivalents as of March 31, 2025, amounted to RMB 152,056,144.21, up from RMB 95,496,601.66 on March 31, 2024, representing a growth of 58.9%[11] - The company reported a significant increase in cash and cash equivalents, with a closing balance of CNY 102,322,945.41 as of March 31, 2025, compared to CNY 189,432,104.03 at the end of 2024[22] - The net cash flow from financing activities was -$39,439,961.52, compared to $37,722,284.50 in the previous period[29] - The net increase in cash and cash equivalents was $42,450,171.44, down from $56,172,472.88 year-over-year[29] - The ending balance of cash and cash equivalents was $91,444,099.81, compared to $183,674,960.00 at the end of the previous period[29] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,930,342,159.45, reflecting a 4.80% increase from ¥1,841,979,719.69 at the end of the previous year[3] - Total assets as of March 31, 2025, were RMB 1,930,342,159.45, compared to RMB 1,841,979,719.69 on March 31, 2024, reflecting a growth of 4.8%[13] - Total liabilities decreased to RMB 1,029,942,465.01 as of March 31, 2025, from RMB 1,060,047,128.72 a year earlier, indicating a reduction of 2.8%[13] - The total liabilities decreased to CNY 970,466,326.55 in 2025 from CNY 1,005,331,590.82 in 2024, a reduction of about 3.5%[25] - Shareholders' equity increased to RMB 900,399,694.44 as of March 31, 2025, compared to RMB 781,932,590.97 on March 31, 2024, marking a growth of 15.1%[14] - The company's total equity increased to CNY 937,694,004.68 in 2025 from CNY 820,450,673.65 in 2024, reflecting a growth of about 14.3%[25] Research and Development - Research and development expenses totaled ¥6,828,628.15, which is 17.00% higher than ¥5,836,220.26 in the same period last year[3] - Research and development expenses rose to CNY 6,828,628.15 in Q1 2025, up from CNY 5,836,220.26 in Q1 2024, indicating a commitment to innovation[18] - The company's R&D expenses for Q1 2025 were CNY 6,828,628.15, up from CNY 5,836,220.26 in Q1 2024, showing a 17% increase in investment in innovation[26] Shareholder Information - The company reported a total of 4,093 ordinary shareholders at the end of the reporting period[7] - The top ten shareholders held a combined 43.89% of the company's shares, with the largest shareholder owning 11.08%[8] Future Outlook - The company attributed revenue growth to new project operations and increased service income from its cloud computing division[5] - The increase in cash flow was also supported by improved collection efforts on accounts receivable and better supplier payment arrangements[6] - The company plans to focus on expanding its market presence and investing in new technologies to drive future growth[10]