Financial Performance - The company's revenue for Q1 2025 was ¥35,881,533.98, representing a slight increase of 0.59% compared to ¥35,670,707.51 in the same period last year[5] - The net loss attributable to shareholders was ¥22,315,159.44, which is a 13.66% increase from the previous year's loss of ¥19,633,756.85[5] - Basic and diluted earnings per share were both -¥0.3115, reflecting a decrease of 15.37% from -¥0.2700 in the same quarter last year[5] - Net profit for the current period was a loss of ¥23,932,371.83, compared to a loss of ¥20,389,584.98 in the previous period, reflecting a deterioration in performance[21] - Basic and diluted earnings per share for the current period were both reported at -0.3115, compared to -0.2700 in the previous period, indicating a decline in profitability[22] Cash Flow and Liquidity - The net cash flow from operating activities decreased significantly to -¥40,735,337.98, a decline of 375.90% compared to -¥8,559,600.80 in the prior year[5] - Cash flow from operating activities was reported at ¥40,854,180.11, a decrease from ¥56,067,662.61 in the previous period, suggesting reduced cash generation[24] - The company reported a total cash outflow from operating activities of $85.16 million, up from $67.64 million in the previous period, indicating increased operational expenses[25] - The total cash and cash equivalents at the end of the period were $70.97 million, down from $330.04 million at the end of the previous period[25] - The company's cash and cash equivalents decreased by 50.84% to ¥72,211,052.10, primarily due to lower-than-expected cash collections and increased procurement of raw materials[9] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,185,840,975.53, down 1.82% from ¥1,207,802,298.27 at the end of the previous year[5] - Total current liabilities decreased from ¥142,654,208.17 to ¥135,226,134.89, a reduction of about 5.2%[18] - The company's total liabilities amounted to ¥235,048,110.24, a slight decrease from ¥235,301,746.54 in the previous period[19] - The total equity attributable to shareholders decreased to ¥942,727,076.94 from ¥964,757,550.99, indicating a decline of approximately 2.29%[19] Operational Costs - Total operating costs increased to ¥57,169,812.56, up 8.67% from ¥52,515,441.75 in the previous period[20] - Management expenses rose by 33.51% to ¥11,398,549.84, mainly due to depreciation costs of equipment and buildings being included in management expenses[9] - Research and development expenses increased to ¥7,146,878.52, up 19.99% from ¥5,950,384.76 in the previous period, highlighting a focus on innovation[21] - The company reported a significant increase in tax expenses, which rose to ¥1,436,094.85 from ¥893,144.51, reflecting higher operational costs[21] Shareholder Information - Total number of common shareholders at the end of the reporting period is 4,731[12] - The largest shareholder, Chen Wandong, holds 31.00% of shares, totaling 22,207,500 shares[12] - The company has a total of 10 major shareholders, with the top 5 holding over 70% of shares[12] - There are no changes reported in the shareholding structure due to stock lending or borrowing activities among the top shareholders[13] Investments and Financial Products - The company recorded a fair value gain of ¥370,605.21 from financial products purchased during the period[9] - The company received cash inflows of ¥1,940,000.00 from minority shareholders' investments during the reporting period[10] - The company reported a significant increase in trading financial assets from ¥68,177,293.01 to ¥79,168,086.60, an increase of approximately 16.0%[17] Market Strategy - The company is exploring new strategies for market expansion and product development, although specific details were not disclosed[16] Audit Status - The first quarter report was not audited, which may affect the reliability of the financial data presented[26]
瑞晨环保(301273) - 2025 Q1 - 季度财报