Financial Performance - The company's revenue for Q1 2025 was approximately ¥421.08 million, a decrease of 3.57% compared to ¥436.68 million in the same period last year[5]. - The net loss attributable to shareholders was approximately ¥105.25 million, representing a significant increase of 270.31% from a loss of ¥28.42 million in the previous year[5]. - The company's basic and diluted earnings per share were both negative at ¥0.62, a decrease of 264.71% from ¥0.17 in the same period last year[5]. - The company reported a net loss of ¥111,314,520.68 for the current period, compared to a net loss of ¥35,925,213.35 in the previous period, representing an increase in losses of approximately 209%[20]. - Operating profit was reported at -¥126,641,025.08, a significant decline from -¥49,550,461.86 in the prior period, indicating a worsening operational performance[20]. - Total comprehensive income amounted to -¥113,599,128.29, compared to -¥34,921,823.78 in the previous period, reflecting a substantial increase in overall losses[20]. - Basic and diluted earnings per share were both reported at -¥0.62, compared to -¥0.17 in the previous period, reflecting a deterioration in per-share performance[20]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at approximately ¥1.97 million, a decline of 255.46% compared to a positive cash flow of ¥1.27 million in the same period last year[5]. - Cash flow from operating activities showed a net outflow of -¥1,973,857.81, a decline from a net inflow of ¥1,269,678.85 in the previous period[22]. - The ending cash and cash equivalents balance was ¥538,215,515.87, down from ¥825,861,781.37 in the previous period, indicating a decrease in liquidity[23]. - The company generated ¥786,498,207.87 in cash inflows from investing activities, a significant increase from ¥153,002,500.00 in the prior period[22]. - Cash outflows from investing activities totaled ¥659,730,758.54, compared to ¥160,289,674.76 in the previous period, indicating increased investment expenditures[22]. - Net cash flow from financing activities was ¥147,331,950.99, up from ¥128,982,791.70 in the previous period, suggesting improved financing conditions[23]. Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥5.34 billion, an increase of 2.55% from ¥5.20 billion at the end of the previous year[5]. - Cash and cash equivalents at the end of the period were CNY 578,220,468.51, an increase of 35.1% from CNY 428,251,466.30 at the beginning of the period[16]. - Total assets amounted to CNY 5,336,300,809.86, up from CNY 5,203,859,397.99 at the beginning of the period[18]. - Total liabilities increased to CNY 2,964,111,095.75, compared to CNY 2,722,628,476.66 at the beginning of the period[17]. - The company's total equity decreased to CNY 2,372,189,714.11 from CNY 2,481,230,921.33 at the beginning of the period[18]. Research and Development - Research and development expenses decreased by 31.78% compared to the previous year, indicating reduced investment in R&D[9]. - Research and development expenses were CNY 43,003,178.67, down 31.8% from CNY 63,038,923.64 in the previous period[19]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 9,622, with the largest shareholder holding 22.34% of the shares[11]. - The total number of restricted shares at the end of the period was 17,325 shares, with 1,575 shares released from restriction during the period[13]. Other Income and Expenses - Other income increased by 295.91% compared to the previous year, primarily due to an increase in government subsidies received[9]. - The company reported a significant increase in credit impairment losses, which rose by 851.76% compared to the previous year, primarily due to increased provisions for bad debts[9]. - The net loss from asset impairment was CNY 18,690,233.94, compared to a loss of CNY 6,064,656.02 in the previous period[19]. - The company reported a credit impairment loss of CNY 11,802,244.82, worsening from a loss of CNY 1,240,042.53 in the previous period[19].
信濠光电(301051) - 2025 Q1 - 季度财报