Financial Performance - Net profit attributable to shareholders for Q1 2025 was CNY 11,345,675.27, representing a 36.81% increase year-over-year[11] - Operating revenue for Q1 2025 reached CNY 56,704,078.45, up 49.48% from CNY 37,934,927.40 in the same period last year[11] - The company reported a total profit of ¥14,210,533.17 for Q1 2025, compared to ¥9,309,610.30 in Q1 2024, indicating a growth of about 52.0%[36] - Operating profit for Q1 2025 was ¥14,267,250.60, compared to ¥9,275,832.28 in Q1 2024, marking an increase of around 53.1%[36] - Net profit for Q1 2025 was ¥11,345,675.27, up from ¥8,293,047.19 in Q1 2024, reflecting a growth of approximately 37.1%[36] Cash Flow - The company's cash flow from operating activities showed a significant decline, with a net outflow of CNY 11,424,619.65, a decrease of 1250.46% compared to the previous year[11] - Operating cash inflow for Q1 2025 was CNY 74,557,452.15, an increase of 22.5% compared to CNY 60,908,861.40 in Q1 2024[40] - Net cash outflow from operating activities for Q1 2025 was CNY -11,424,619.65, compared to a positive cash flow of CNY 993,046.62 in Q1 2024[40] - Total cash outflow from operating activities in Q1 2025 was CNY 85,982,071.80, compared to CNY 59,915,814.78 in Q1 2024, reflecting a 43.5% increase[40] - Cash inflow from sales of goods and services in Q1 2025 was CNY 71,684,826.33, up from CNY 56,353,869.11 in Q1 2024, marking a 27.2% increase[40] Assets and Liabilities - Total assets as of March 31, 2025, were CNY 711,750,133.04, a decrease of 0.73% compared to the end of 2024[11] - The company’s total liabilities to total assets ratio decreased to 27.87% from 30.13% year-over-year, indicating improved financial stability[11] - Total liabilities decreased from ¥216,002,962.00 to ¥198,373,042.78, a decline of around 8.2%[31] - Current liabilities decreased from ¥182,618,015.50 to ¥166,485,817.17, a reduction of about 8.8%[31] - Non-current liabilities decreased from ¥33,384,946.50 to ¥31,887,225.61, a decrease of approximately 4.5%[31] Shareholder Information - The total number of ordinary shareholders as of the report date was 3,257, with a total share capital of 61,000,000 shares[20] - The company reported a total of 46,381,233 shares held by the top ten shareholders, representing 76.04% of total shares[22] - The largest shareholder, Fu Tao, holds 20,416,280 shares, accounting for 33.47% of total shares[21] - The second-largest shareholder, Fu Chenglin, holds 18,747,743 shares, representing 30.73% of total shares[21] Operating Costs and Expenses - The gross profit margin for Q1 2025 was impacted by a 67.07% increase in operating costs, totaling CNY 28,675,070.14[13] - Total operating costs for Q1 2025 were ¥45,634,274.18, compared to ¥33,709,587.96 in Q1 2024, indicating an increase of about 35.4%[35] - Research and development expenses in Q1 2025 amounted to ¥3,741,970.43, up from ¥2,967,178.77 in Q1 2024, which is an increase of approximately 26.0%[35] - The tax expenses for Q1 2025 were ¥2,864,857.90, compared to ¥1,016,563.11 in Q1 2024, which is an increase of approximately 182.5%[36] Inventory and Current Assets - The company's inventory increased slightly from 89,210,313.97 CNY to 90,548,339.40 CNY, an increase of approximately 1.5%[29] - The total current assets decreased from 484,152,520.00 CNY to 465,710,035.95 CNY, a reduction of about 3.1%[29] - Inventory increased from ¥84,982,769.35 to ¥86,131,225.99, an increase of about 1.3%[32] Other Financial Information - Non-recurring gains and losses for the period amounted to CNY 1,070,087.89, with a tax impact of CNY 160,457.87[15] - The company experienced a credit impairment loss of ¥310,969.61 in Q1 2025, compared to a significant loss of ¥2,672,432.28 in Q1 2024, indicating an improvement[36] - The company reported a weighted average return on equity of 2.24% for Q1 2025, up from 1.77% in the previous year[11] - The company has no reported litigation or arbitration matters during the reporting period[25] - There are no significant related party transactions or external guarantees reported[25]
天罡股份(832651) - 2025 Q1 - 季度财报