万隆光电(300710) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥57,626,931.30, representing a decrease of 33.49% compared to ¥86,645,735.54 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥3,746,501.37, a decline of 159.68% from a profit of ¥6,277,509.38 in the previous year[5] - Basic and diluted earnings per share were both -¥0.0377, a drop of 159.75% compared to ¥0.0631 in the same period last year[5] - Net profit for the period was a loss of ¥3,569,494.57 compared to a profit of ¥6,553,929.49 in the previous period, indicating a significant decline in profitability[18] - Operating profit turned negative at ¥-2,946,496.29, down from ¥9,347,715.73 in the prior year[18] Cash Flow - The net cash flow from operating activities decreased by 38.80% to ¥21,764,594.96, down from ¥35,565,408.57 year-on-year[5] - Cash inflow from operating activities increased to ¥121,239,453.13 from ¥112,492,216.23, showing a growth of approximately 7.8% year-over-year[20] - The total cash outflow from operating activities was $99,474,858.17, compared to $76,926,807.66 in the previous period, indicating a 29.2% increase[21] - The net increase in cash and cash equivalents rose by 164.16% compared to the same period last year, primarily due to reduced expenditures on financial products and construction projects[9] - The net cash flow from investing activities was -$4,126,615.21, improving from -$58,866,492.60 in the previous period[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥635,821,667.60, down 6.32% from ¥678,732,444.07 at the end of the previous year[5] - Total current assets decreased from 405,153,434.99 to 376,684,265.15, a decline of approximately 7.1%[14] - Total liabilities decreased from 173,421,928.90 to 134,084,728.34, a decline of about 22.7%[14] - Total liabilities increased to ¥183,884,014.79 from ¥142,950,842.48, marking an increase of approximately 28.6%[15] - Non-current assets decreased from 273,579,009.08 to 259,137,402.45, a reduction of approximately 5.3%[14] Shareholder Information - Total number of common shareholders at the end of the reporting period is 10,466[11] - The largest shareholder, Fu Xiaotong, holds 14.63% of shares, totaling 14,555,175 shares[11] - The company has a total of 5% or more shareholders, with no changes reported in the top 10 shareholders due to margin trading[12] Expenses - The company reported a 51.73% reduction in selling expenses, attributed to a decrease in business activity[9] - Research and development expenses rose to ¥5,850,868.17 from ¥5,493,536.07, reflecting an increase of about 6.5% year-over-year[18] Other Financial Metrics - The company experienced a 99.45% decrease in net receivables financing compared to the beginning of the year, primarily due to a reduction in bank bill settlements[9] - Contract liabilities increased by 66.34% compared to the beginning of the year, mainly due to an increase in advance payments[9] - Cash and cash equivalents increased from 88,148,158.77 to 105,701,411.42, an increase of about 19.5%[13] - The company has a goodwill of 33,506,281.21, unchanged from the previous period[14] - Deferred income tax liabilities rose to ¥10,458,004.55 from ¥8,866,114.14, an increase of approximately 18%[15]