Financial Performance - The company's revenue for Q1 2025 was ¥212,687,454.17, a decrease of 0.78% compared to ¥214,360,297.73 in the same period last year[5] - Net profit attributable to shareholders was ¥16,150,006.29, down 9.64% from ¥17,873,426.37 year-on-year[5] - Basic and diluted earnings per share decreased by 22.22% to ¥0.14 from ¥0.18 in the same period last year[5] - Total operating revenue for the current period was ¥212,687,454.17, a decrease of 0.79% compared to ¥214,360,297.73 in the previous period[20] - Net profit decreased to ¥16,150,006.29 from ¥17,873,426.37, reflecting a decline of about 9.6% compared to the previous period[22] - Total comprehensive income amounted to ¥16,214,028.67, down from ¥17,799,883.13, a decrease of approximately 8.9%[22] Cash Flow - The net cash flow from operating activities was negative at -¥33,969,610.38, a decline of 294.61% compared to ¥17,455,622.26 in the previous year[5] - Cash flow from operating activities showed a net outflow of ¥33,969,610.38, contrasting with a net inflow of ¥17,455,622.26 in the prior period[25] - Investment activities resulted in a net cash outflow of ¥55,028,612.04, compared to a net outflow of ¥46,054,657.42 in the previous period[25] - Financing activities generated a net cash inflow of ¥80,930,918.79, down from ¥381,992,035.01, a decline of approximately 78.8%[25] - Cash and cash equivalents at the end of the period were ¥265,810,509.18, down from ¥452,079,086.43, a decrease of about 41.3%[26] Assets and Liabilities - Total assets increased by 2.21% to ¥1,749,747,123.68 from ¥1,711,983,351.37 at the end of the previous year[5] - Current assets totaled ¥940,443,010.85, slightly up from ¥939,139,911.77 at the beginning of the period[17] - Total liabilities amounted to ¥808,975,956.97, up from ¥787,426,213.33, indicating an increase of approximately 2.09%[18] - Non-current assets increased to ¥809,304,112.83 from ¥772,843,439.60, representing a growth of about 4.69%[17] - Short-term borrowings rose to ¥462,733,945.50 from ¥398,727,631.60, an increase of approximately 16.06%[18] - Long-term borrowings increased to ¥105,499,460.82 from ¥96,895,640.69, a rise of approximately 8.25%[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 8,282[10] - The largest shareholder, New Asia Investment Limited, holds 36.01% of the shares, totaling 42,803,571 shares[10] - The top 10 unrestricted shareholders hold a total of 43,000,000 shares, with the largest shareholder, Daya Industrial Fund Management Co., holding 14,345,313 shares, representing 5.38% of total shares[11] - The company has a total of 6,400,000 shares held by Jianshi Xiboju Xin Sihao Venture Capital Partnership, also representing 5.38% of total shares[11] - Wang Zhongyuan holds 3,118,000 shares, accounting for 2.62% of total shares[11] - The total number of shares held by the top 10 unrestricted shareholders includes 1,529,655 shares from the CICC - Industrial Bank - CICC Meixin No.1 Employee Participation Strategic Placement Asset Management Plan[11] - The company has a total of 1,200,000 shares held by Ningbo Henglin Shengchuang Investment Partnership, representing 1.01% of total shares[11] Share Release Plans - The total number of restricted shares at the beginning of the period was 14,345,313, with all of them being released during the period[13] - The company plans to release 6,400,000 shares from Jianshi Xiboju Xin Sihao Venture Capital Partnership on March 13, 2025[13] - The total number of restricted shares held by Wang Zhongyuan is 3,190,000, which will also be released on March 13, 2025[13] - The company has a total of 1,160,000 shares held by Xinyu Tianda Zhiyuan Enterprise Management Partnership, which will be released on March 13, 2025[13] - The company has a total of 800,000 shares held by Huizhou Hengxin Shengwu Technology Co., which will be released on March 13, 2025[13] Operational Highlights - Revenue from sales of goods and services reached ¥196,012,467.17, up from ¥177,042,610.63, indicating an increase of approximately 10.7% year-over-year[24] - Total operating costs increased to ¥192,167,255.43 from ¥189,819,826.52, representing a rise of approximately 1.8% year-over-year[21] - The company plans to continue expanding its market presence and invest in new product development[15] Other Income - The company reported a 236.53% increase in other income to ¥181,255.39, mainly due to increased government subsidies[8] - Other receivables increased by 131.84% to ¥21,443,063.01, primarily due to increased rental deposits from overseas subsidiaries[8] Inventory and Receivables - Accounts receivable increased to ¥203,084,458.11 from ¥181,760,858.64, reflecting a growth of approximately 11.66%[17] - Inventory decreased to ¥340,157,294.78 from ¥362,111,206.42, a reduction of about 6.05%[17] Return on Equity - The weighted average return on equity was 1.73%, down from 2.49% in the same period last year, a decrease of 0.76%[5]
美新科技(301588) - 2025 Q1 - 季度财报