JAHB(SH:603822)2025-04-28 14:55Financial Performance - The company's operating revenue for Q1 2025 was ¥467,022,791.62, a decrease of 6.59% compared to ¥499,993,933.92 in the same period last year[3] - The net profit attributable to shareholders was a loss of ¥47,039,161.52, compared to a loss of ¥32,646,442.01 in the previous year, indicating a worsening performance[3] - The basic earnings per share for Q1 2025 was -¥0.6123, compared to -¥0.4231 in the same period last year[3] - The weighted average return on net assets decreased by 4.7964 percentage points to -7.9640% from -3.1676%[3] - Net profit for Q1 2025 was a loss of CNY 46,416,063.65, compared to a loss of CNY 32,477,675.02 in Q1 2024, indicating a worsening of 42.9%[16] - The net profit attributable to the parent company for Q1 2025 was -47,039,161.52 RMB, compared to -32,646,442.01 RMB in Q1 2024, representing a decline of approximately 44%[17] - The total comprehensive income attributable to the parent company for Q1 2025 was -47,039,161.52 RMB, compared to -32,646,442.01 RMB in Q1 2024, indicating a significant decrease[17] - The basic and diluted earnings per share for Q1 2025 were both -0.6123 RMB, compared to -0.4231 RMB in Q1 2024, reflecting a worsening performance[17] Cash Flow - The net cash flow from operating activities decreased by 54.65%, from ¥248,087,459.91 to ¥112,509,735.29, primarily due to procurement of raw materials for production in Lianyungang[6] - Cash inflows from operating activities in Q1 2025 totaled 566,533,964.64 RMB, down from 800,838,110.69 RMB in Q1 2024, a decrease of approximately 29%[21] - The net cash flow from operating activities for Q1 2025 was 112,509,735.29 RMB, compared to 248,087,459.91 RMB in Q1 2024, a decline of about 55%[21] - The net cash flow from investing activities for Q1 2025 was -438,876,542.44 RMB, compared to -281,935,424.57 RMB in Q1 2024, indicating an increase in cash outflow[22] - Cash inflows from financing activities in Q1 2025 were 803,042,191.40 RMB, down from 1,228,200,000.00 RMB in Q1 2024, a decrease of approximately 35%[22] - The net cash flow from financing activities for Q1 2025 was 247,417,669.71 RMB, compared to 499,750,508.89 RMB in Q1 2024, reflecting a decline of about 51%[22] - The ending cash and cash equivalents balance for Q1 2025 was 192,706,495.73 RMB, significantly lower than 621,809,025.35 RMB at the end of Q1 2024, a decrease of approximately 69%[22] - The company reported a cash outflow of 78,499,288.95 RMB in Q1 2025, contrasting with a cash inflow of 469,011,786.78 RMB in Q1 2024, indicating a negative shift in cash flow dynamics[22] Assets and Liabilities - Total assets increased by 5.34% to ¥6,273,909,361.18 from ¥5,956,015,533.61 at the end of the previous year[4] - The equity attributable to shareholders decreased by 7.60% to ¥567,123,435.55 from ¥613,800,122.90 at the end of the previous year[4] - Current assets totaled CNY 1,731,662,599.34 as of March 31, 2025, compared to CNY 1,476,727,818.42 at the end of 2024, marking an increase of 17.2%[12] - Non-current assets amounted to CNY 4,542,246,761.84 as of March 31, 2025, slightly up from CNY 4,479,287,715.19 at the end of 2024, reflecting a growth of 1.4%[12] - Total liabilities increased to CNY 5,047,451,448.46 as of March 31, 2025, compared to CNY 4,683,518,674.91 at the end of 2024, indicating a rise of 7.8%[13] - The company's cash and cash equivalents decreased to CNY 230,467,571.75 as of March 31, 2025, from CNY 328,966,860.70 at the end of 2024, a decline of 30%[11] - The company reported a significant increase in accounts receivable, which rose to CNY 302,009,924.60 as of March 31, 2025, compared to CNY 33,737,268.95 at the end of 2024, reflecting a growth of 794.5%[11] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 5,492[7] - The largest shareholder, Tongxiang Shunchang Investment Co., Ltd., holds 38.8% of the shares, amounting to 29,835,498 shares[7] Research and Development - Research and development expenses for Q1 2025 were CNY 14,451,884.54, an increase of 31.9% compared to CNY 11,022,302.82 in Q1 2024[16]