Financial Performance - Net profit attributable to shareholders for Q1 2025 was CNY 3,431,762.22, down 31.31% from CNY 4,996,292.67 in Q1 2024[12] - Operating revenue for Q1 2025 was CNY 26,995,495.61, a decline of 0.71% compared to CNY 27,187,180.83 in the same period last year[12] - The company reported a 32.07% decrease in operating profit to CNY 3,858,265.91, attributed to rising material costs and declining gross margins[14] - Total operating revenue for Q1 2025 was ¥26,995,495.61, a decrease of 0.7% compared to ¥27,187,180.83 in Q1 2024[32] - Total profit for Q1 2025 was ¥3,808,123.06, a decrease of 33.0% from ¥5,678,687.92 in Q1 2024[33] - Comprehensive income for Q1 2025 was ¥3,431,762.22, down from ¥4,996,292.67 in Q1 2024[33] Cash Flow - The net cash flow from operating activities decreased by 40.28% to CNY 2,321,833.43 from CNY 3,887,911.30 in Q1 2024[12] - Cash inflow from operating activities for Q1 2025 was CNY 18,294,496.43, a decrease of 12.9% compared to CNY 20,989,043.53 in Q1 2024[38] - Cash inflow from operating activities for the parent company in Q1 2025 was CNY 18,229,896.21, a decrease from CNY 20,825,427.88 in Q1 2024[41] - Cash inflow from investment activities in Q1 2025 totaled CNY 40,041,087.27, while cash outflow was CNY 81,596,864.21, resulting in a net cash flow of -CNY 41,555,776.94[39] - The net cash flow from investment activities for the parent company in Q1 2025 was -CNY 35,152,852.73, compared to -CNY 135,475.12 in Q1 2024[42] Assets and Liabilities - Total assets as of March 31, 2025, were CNY 248,687,653.34, a decrease of 0.84% compared to the end of 2024[12] - The company's total liabilities to assets ratio decreased to 9.03% from 11.16% year-over-year[12] - Total current assets decreased from ¥170,772,309.53 to ¥164,754,658.31, a reduction of about 3.93%[26] - Current liabilities decreased from 27,998,130.97 to 22,466,191.29, a reduction of about 19.9%[28] - Total liabilities remained unchanged at 0.00 for non-current liabilities[28] - The company’s total liabilities and equity decreased from 250,787,830.80 to 248,687,653.34, a decline of approximately 0.44%[28] Shareholder Information - The total number of unrestricted shares increased from 52,179,911 to 52,367,486, representing a change of 0.36%[17] - The proportion of unrestricted shares held by controlling shareholders rose from 63.10% to 63.32%[17] - The total number of restricted shares decreased from 30,520,089 to 30,332,514, a decline of 0.62%[17] - The number of shareholders holding more than 5% of shares remains stable, with the top three shareholders holding a combined 68.54%[19] Cash and Cash Equivalents - Cash and cash equivalents decreased by 40.61% to CNY 57,370,027.62 due to project payments and investments in low-risk financial products[13] - The company's cash and cash equivalents decreased from ¥96,606,395.55 to ¥57,370,027.62, a decline of approximately 40.67%[26] - Cash and cash equivalents decreased from 59,606,065.66 to 25,732,254.69, a decline of about 56.9%[29] - The cash and cash equivalents at the end of Q1 2025 were CNY 49,000,027.62, down from CNY 115,345,921.44 at the end of Q1 2024[39] - The cash and cash equivalents at the end of Q1 2025 for the parent company were CNY 25,732,254.69, down from CNY 56,981,307.96 at the end of Q1 2024[42] Expenses - Total operating costs increased to ¥23,024,342.19 in Q1 2025, up 7.2% from ¥21,488,166.53 in Q1 2024[32] - Research and development expenses rose to ¥1,538,929.95 in Q1 2025, an increase of 8.0% from ¥1,423,979.48 in Q1 2024[32] - The company reported a credit impairment loss of ¥12,563.56 in Q1 2025, compared to a loss of ¥2,519.11 in Q1 2024[33] - Asset impairment losses increased to ¥245,358.02 in Q1 2025, up from ¥95,459.90 in Q1 2024[33] Legal and Compliance - The company reported no new commitments or violations of existing commitments during the reporting period[23] - There were no significant legal disputes or external guarantees reported during the period[22]
凯华材料(831526) - 2025 Q1 - 季度财报