CSI(SH:600158)2025-04-28 13:55Financial Performance - The company's operating revenue for Q1 2025 was ¥294,611,737.37, a decrease of 57.92% compared to ¥700,112,439.81 in the same period last year[4] - The net profit attributable to shareholders was a loss of ¥27,748,423.04, representing a decline of 240.10% from a profit of ¥19,805,956.05 in the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥28,869,315.30, down 249.53% from ¥19,306,225.05 in the same period last year[4] - The basic and diluted earnings per share were both -¥0.0289, a decrease of 240.29% from ¥0.0206 in the same period last year[4] - The net profit for the first quarter of 2025 was -27,329,819.05 RMB, compared to a net profit of 75,374,908.06 RMB in the same period of 2024, indicating a significant decline[18] - The basic and diluted earnings per share for the first quarter of 2025 were both -0.0289 RMB, down from 0.0206 RMB in the first quarter of 2024[18] Cash Flow - The net cash flow from operating activities was negative at ¥227,011,314.60, an improvement from negative ¥415,941,845.57 in the previous year[4] - Cash inflow from operating activities for Q1 2025 was 394,340,022.81 RMB, an increase from 367,472,872.48 RMB in Q1 2024[20] - Cash outflow from operating activities totaled 621,351,337.41 RMB in Q1 2025, compared to 783,414,718.05 RMB in Q1 2024, showing a decrease in cash outflow[20] - The net cash flow from operating activities for Q1 2025 was -227,011,314.60 RMB, an improvement from -415,941,845.57 RMB in Q1 2024[20] - The net cash flow from investing activities for Q1 2025 was 13,048,377.03 RMB, compared to -6,072,529.01 RMB in Q1 2024, indicating a positive shift[21] - The net cash flow from financing activities for Q1 2025 was -23,109,276.79 RMB, slightly better than -25,592,531.98 RMB in Q1 2024[21] - The ending cash and cash equivalents balance for Q1 2025 was 1,806,806,531.08 RMB, down from 1,925,383,564.34 RMB at the end of Q1 2024[21] - The company reported a total cash inflow from investment activities of 39,552,966.58 RMB in Q1 2025, compared to 261,756.27 RMB in Q1 2024[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,782,661,280.53, down 3.01% from ¥5,962,391,227.70 at the end of the previous year[5] - Current assets totaled CNY 4.41 billion as of March 31, 2025, down from CNY 4.56 billion at the end of 2024[12] - Current liabilities amounted to CNY 2.07 billion as of March 31, 2025, compared to CNY 2.18 billion at the end of 2024[13] - Non-current assets were CNY 1.37 billion as of March 31, 2025, a decrease from CNY 1.41 billion at the end of 2024[12] - The company’s total liabilities decreased to CNY 2.26 billion as of March 31, 2025, from CNY 2.37 billion at the end of 2024[14] Operational Insights - The significant decline in revenue and profit was mainly attributed to reduced income from real estate and sports manufacturing businesses[6] - Total operating costs for Q1 2025 were CNY 326.64 million, down 45.00% from CNY 593.28 million in Q1 2024[17] - Operating profit for Q1 2025 was a loss of CNY 28.83 million, compared to a profit of CNY 109.72 million in Q1 2024[17] - The company reported a net loss of CNY 28.44 million for Q1 2025, compared to a net profit of CNY 109.48 million in Q1 2024[17] Equity and Returns - The weighted average return on equity was -1.06%, a decrease of 1.82 percentage points from 0.76% at the end of the previous year[5] - The equity attributable to shareholders was ¥2,610,396,008.81, a decrease of 1.05% from ¥2,638,144,431.85 at the end of the previous year[5] - The company reported non-recurring gains and losses totaling ¥1,120,892.26, primarily from government subsidies and other income[6] - The company incurred a tax expense of 1,112,432.70 RMB in the first quarter of 2025[18]