Financial Performance - The company's revenue for Q1 2025 was ¥85,989,040.44, a decrease of 52.90% compared to ¥182,574,954.30 in the same period last year[5] - The net loss attributable to shareholders was ¥18,444,240.89, representing a decline of 282.59% from a profit of ¥10,101,384.58 in the previous year[5] - Total operating revenue for the current period is ¥85,989,040.44, a decrease of 52.9% compared to ¥182,574,954.30 in the previous period[16] - Net profit for the current period is a loss of ¥18,939,109.75, compared to a profit of ¥9,699,000.97 in the previous period, representing a significant decline[17] - The company reported a basic and diluted earnings per share of -0.17, compared to 0.09 in the previous period[18] Cash Flow - The net cash flow from operating activities improved by 67.25%, amounting to -¥35,638,842.27, compared to -¥108,834,651.07 in the same period last year[5] - Cash inflows from operating activities totaled ¥114,278,656.91, an increase of 37.2% from ¥83,317,395.64 in the previous period[20] - Cash outflows from operating activities were ¥149,917,499.18, down 22.0% from ¥192,152,046.71 in the previous period[20] - The net cash flow from operating activities was -$35.64 million, compared to -$108.83 million in the previous period[21] - The net cash flow from investing activities was -$8.01 million, an increase from -$1.35 million year-over-year[21] - The net cash flow from financing activities was $4.16 million, a significant improvement from -$49.17 million in the prior period[21] - The total cash and cash equivalents at the end of the period decreased to $205.93 million from $592.27 million[21] - Cash outflows for debt repayment were $12.5 million, down from $57.51 million year-over-year[21] Assets and Liabilities - Total assets at the end of Q1 2025 were ¥2,164,715,989.89, a decrease of 1.23% from ¥2,191,596,918.48 at the end of the previous year[5] - Total current assets amount to 1,725,083,295.47 RMB, a decrease from 1,749,051,479.49 RMB at the beginning of the period[14] - Total liabilities amount to 599,153,372.45 RMB, a slight decrease from 606,058,547.16 RMB[14] - The total liabilities amount to ¥790,974,850.64, slightly decreasing from ¥799,423,043.02 in the previous period[15] - Total equity attributable to shareholders of the parent company is ¥1,340,711,183.52, a decrease from ¥1,358,674,755.16 in the previous period[15] Shareholder Information - Total number of common stock shareholders at the end of the reporting period is 13,279[10] - The largest shareholder, Shaanxi Electronic Xijing Electric Group Co., Ltd., holds 35.10% of shares, totaling 37,914,500 shares[10] - The company has no changes in the participation of major shareholders in margin trading or securities lending[12] Research and Development - Research and development expenses increased by 44.73% to ¥10,444,630.95, reflecting the company's focus on enhancing its R&D capabilities[8] - Research and development expenses for the current period are ¥10,444,630.95, up 44.5% from ¥7,216,418.68 in the previous period[16] Other Financial Metrics - The weighted average return on equity was -1.37%, down from 0.76% in the same period last year[5] - The company reported a significant decrease in interest income, down 67.81% to ¥376,108.56, primarily due to optimized fund management[8] - The company experienced a 76.78% decline in other income, which fell to ¥1,254,803.24, mainly due to reduced government subsidies received[8] - Total operating costs for the current period amount to ¥99,195,185.55, down 42.0% from ¥170,783,966.54 in the previous period[16] - Deferred income increased to ¥15,855,833.33 from ¥16,153,333.33 in the previous period[15] Accounting and Audit - The company did not apply the new accounting standards starting from 2025[22] - The first quarter report was not audited[22]
陕西华达(301517) - 2025 Q1 - 季度财报