Financial Performance - The company's revenue for Q1 2025 was ¥138,884,950.41, representing a 0.80% increase compared to ¥137,776,393.01 in the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥7,289,929.43, an improvement of 12.23% from a loss of ¥8,305,957.50 in Q1 2024[5]. - The total operating revenue for the current period was ¥138,884,950.41, an increase from ¥137,776,393.01 in the previous period, representing a growth of approximately 0.8%[17]. - The net profit for the current period was a loss of ¥7,289,929.43, compared to a loss of ¥8,305,957.50 in the previous period, indicating an improvement of approximately 12.3%[18]. Cash Flow - The net cash flow from operating activities increased significantly by 553.02%, reaching ¥65,398,002.95 compared to ¥10,014,641.71 in the previous year[5]. - Cash flow from operating activities generated a net cash inflow of ¥65,398,002.95, significantly higher than the previous period's inflow of ¥10,014,641.71[21]. - Cash flow from investing activities resulted in a net outflow of ¥135,780,309.66, worsening from a net outflow of ¥54,564,516.08 in the previous period[21]. - Cash flow from financing activities yielded a net inflow of ¥47,358,110.49, slightly lower than the previous period's inflow of ¥52,418,728.06[21]. - The total cash and cash equivalents at the end of the period decreased to ¥308,836,905.07 from ¥796,466,177.85, a decline of approximately 61.2%[21]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,950,496,984.41, a 4.06% increase from ¥1,874,396,635.95 at the end of the previous year[5]. - Current assets totaled CNY 1,018,905,717.50, up from CNY 993,939,221.61 at the start of the period, reflecting a growth of approximately 2.9%[14]. - Total liabilities increased to CNY 431,084,447.87 from CNY 347,694,169.98, marking an increase of about 24%[15]. - The company's equity attributable to shareholders decreased to CNY 1,519,412,536.54 from CNY 1,526,702,465.97, a decline of approximately 0.5%[16]. Investments and Borrowings - The company's short-term borrowings rose by 493.22%, amounting to ¥63,073,008.19, primarily due to increased bank loans[8]. - The long-term equity investments surged by 1,422.04%, reaching ¥29,942,929.34, attributed to payments made for investments in joint ventures[8]. - The company reported a significant increase in short-term borrowings, rising to CNY 63,073,008.19 from CNY 10,632,325.28, which is an increase of over 490%[15]. Expenses - Total operating costs increased to ¥149,181,015.53 from ¥148,586,917.51, reflecting a rise of about 0.4%[17]. - Research and development expenses decreased to ¥5,059,406.02 from ¥6,657,933.28, a reduction of about 24.0%[17]. - Sales expenses increased to ¥2,220,627.95 from ¥1,709,845.39, reflecting a rise of approximately 29.8%[17]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 30,708[10]. - The company has not reported any changes in the number of preferred shareholders or any significant changes in restricted shares[12]. Other Income - The company received government subsidies amounting to ¥7,500.00, contributing to the increase in other income by 36.12%[8]. Asset Management - The company reported a 331.18% increase in asset disposal gains, totaling ¥41,657.45, compared to a loss of ¥18,019.76 in the previous year[8]. - The weighted average return on net assets was -0.48%, slightly improved from -0.53% in the same period last year[5]. - Accounts receivable decreased to CNY 185,029,768.09 from CNY 226,290,850.62, representing a decline of approximately 18.2%[14]. - Inventory levels rose to CNY 123,410,588.23 from CNY 110,226,961.75, reflecting an increase of approximately 11.9%[14]. - The deferred income tax assets increased to CNY 7,024,289.09 from CNY 5,065,044.86, indicating a growth of about 38.7%[15].
蓝箭电子(301348) - 2025 Q1 - 季度财报