Breo(SH:688793)2025-04-28 16:45Financial Performance - The company's operating revenue for Q1 2025 was ¥197,014,270.73, a decrease of 32.83% compared to ¥293,298,831.57 in the same period last year[3]. - The net profit attributable to shareholders was -¥1,832,539.23, representing a decline of 111.74% from ¥15,610,139.93 year-over-year[3]. - The net cash flow from operating activities was -¥61,743,909.04, a significant drop of 249.34% compared to ¥41,344,340.75 in the previous year[3]. - The basic earnings per share were -¥0.02, a decrease of 111.11% from ¥0.18 in the same period last year[3]. - The diluted earnings per share also stood at -¥0.02, reflecting the same decline of 111.11%[4]. - The weighted average return on equity was -0.50%, a decrease of 4.28 percentage points from 3.78% in the previous year[4]. - The net profit for Q1 2025 was a loss of ¥1,799,351.33, compared to a profit of ¥15,610,102.87 in Q1 2024[20]. - The company reported total comprehensive income of 2,615,933.08 RMB for the period, a decrease from 7,117,100.71 RMB in the previous period[29]. Assets and Liabilities - Total assets at the end of the reporting period were ¥620,184,156.97, down 23.56% from ¥811,387,085.16 at the end of the previous year[4]. - As of March 31, 2025, the company's total assets amounted to RMB 620,184,156.97, a decrease from RMB 811,387,085.16 as of December 31, 2024, representing a decline of approximately 23.5%[14]. - The company's current assets totaled RMB 472,153,536.87, down from RMB 659,873,627.43, indicating a decrease of about 28.5%[15]. - Total liabilities decreased to ¥247,948,593.04 in Q1 2025 from ¥441,348,946.74 in Q1 2024[17]. - The company's total liabilities decreased to 364,950,797.95 RMB from 464,926,360.60 RMB in the previous period[27]. Cash Flow - The net cash flow from investment activities was 29,391,441.42 RMB, a significant improvement compared to a net outflow of 33,700,550.94 RMB in the previous period[23]. - Total cash inflow from financing activities reached 126,560,000.00 RMB, up from 80,000,000.00 RMB in the prior period[23]. - The company reported a net decrease in cash and cash equivalents of 81,650,291.02 RMB, compared to a smaller decrease of 3,813,744.59 RMB in the previous year[23]. - The net cash flow from operating activities for Q1 2025 was -90,564,306.60 RMB, a significant decline compared to 25,231,971.03 RMB in Q1 2024[32]. - The company reported a total cash outflow from operating activities of 271,977,251.86 RMB in Q1 2025, compared to 297,217,352.04 RMB in Q1 2024, indicating a decrease of about 8.5%[32]. Research and Development - Research and development expenses totaled ¥13,253,647.44, accounting for 6.73% of operating revenue, an increase of 1.62 percentage points from 5.11% in the previous year[4]. - Research and development expenses for Q1 2025 were ¥13,253,647.44, down from ¥14,897,402.33 in Q1 2024[19]. - Research and development expenses for Q1 2025 were 11,657,808.97 RMB, slightly lower than 12,313,360.45 RMB in Q1 2024[28]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 4,381[9]. - The top shareholder, Ningbo Heting Investment Co., Ltd., holds 6,340,000 shares, representing 7.38% of total shares[12]. - The company reported a total of 1,531,321 shares held in the repurchase account, which are not included in the top 10 shareholders list[10]. - The company has not reported any changes in the top 10 shareholders due to securities lending activities[13].