GTC(SZ:000589)2025-04-28 13:55Financial Performance - The company's operating revenue for Q1 2025 was ¥2,527,333,807.92, representing a 3.60% increase compared to ¥2,439,626,181.76 in the same period last year[4]. - Net profit attributable to shareholders decreased by 68.13% to ¥66,116,532.52 from ¥207,433,240.75 year-on-year[4]. - Basic earnings per share dropped by 76.47% to ¥0.04 from ¥0.17 in the same period last year[4]. - Operating profit decreased to ¥80,907,362.11 from ¥228,623,302.75, indicating a decline of approximately 64.6%[16]. - Net profit for the current period was ¥81,709,011.75, down from ¥228,489,285.17 in the previous period, a decrease of around 64.2%[16]. - The net profit for the current period is $67.06 million, a decrease of 67.9% compared to $208.87 million in the previous period[17]. - The total comprehensive income for the current period is $43.83 million, down from $208.03 million in the previous period, reflecting a significant decline[17]. - The basic earnings per share for the current period is $0.04, compared to $0.17 in the previous period, indicating a decrease of 76.5%[17]. Cash Flow and Liquidity - The net cash flow from operating activities turned negative at -¥85,351,267.98, a decline of 647.75% compared to ¥15,582,052.71 in the previous year[4]. - Cash flow from operating activities shows a net outflow of $85.35 million, contrasting with a net inflow of $15.58 million in the previous period[19]. - Cash flow from investing activities resulted in a net outflow of $291.37 million, compared to a net outflow of $347.59 million in the previous period, showing a slight improvement[19]. - Cash flow from financing activities generated a net inflow of $146.11 million, an increase from $137.52 million in the previous period[20]. - The total cash and cash equivalents at the end of the period is $2.37 billion, down from $2.77 billion at the end of the previous period[20]. - Cash and cash equivalents decreased to ¥2,554,057,721.15 from ¥2,738,774,303.89, a decline of about 6.7%[14]. Assets and Liabilities - Total assets at the end of the reporting period were ¥18,000,599,204.92, a slight decrease of 0.11% from ¥18,020,709,513.92 at the end of the previous year[5]. - Total liabilities decreased to ¥9,103,498,995.58 from ¥9,171,120,779.99, a decline of about 0.7%[15]. - Total assets amounted to ¥18,000,599,204.92, slightly down from ¥18,020,709,513.92, a decrease of approximately 0.1%[15]. - Accounts receivable increased to ¥2,285,767,214.79 from ¥2,129,305,864.71, showing a growth of approximately 7.4%[14]. - Inventory slightly decreased to ¥1,890,855,048.48 from ¥1,897,871,943.30, a reduction of about 0.5%[14]. - Short-term borrowings rose to ¥2,090,530,888.89 from ¥1,933,939,360.68, an increase of approximately 8.1%[15]. Expenses and Financial Obligations - Financial expenses surged by 610.74% to ¥22,808,590.51, attributed to increased exchange losses during the period[8]. - The company reported a tax expense of $14.65 million, down from $19.62 million in the previous period, reflecting a decrease of 25.1%[17]. - The company received $1.02 billion in borrowings during the current period, significantly higher than $374 million in the previous period[20]. - The company paid $834 million in debt repayments, compared to $194 million in the previous period, indicating increased financial obligations[20]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 65,520, with the largest shareholder holding 20.48% of the shares[10]. - Contract liabilities increased by 40.43% to ¥92,838,076.02, mainly due to an increase in advance payments received[8]. - The company experienced a 67.90% decrease in net profit, primarily due to rising raw material costs, amounting to a reduction of ¥141,810,851.18 compared to the previous year[9]. - Total operating costs increased to ¥2,452,593,533.62 from ¥2,215,334,207.69, reflecting a rise of about 10.7%[16].