瑞和股份(002620) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥110,732,660.96, a decrease of 50.14% compared to ¥222,083,523.82 in the same period last year[5] - The net loss attributable to shareholders was ¥20,091,432.71, representing a 14.02% increase from a loss of ¥17,621,376.38 in the previous year[5] - The net profit for the current period is -15,210,043.13, compared to -13,886,681.77 in the previous period, indicating a decline of approximately 9.6%[35] - Operating profit for the current period is -11,908,013.46, compared to -9,836,332.06 in the previous period, reflecting a decrease of about 21.0%[35] - Total comprehensive income for the current period is -15,210,043.13, compared to -13,886,681.77 in the previous period, representing a decline of approximately 9.6%[36] - Basic and diluted earnings per share remain at -0.05 for both periods[36] Cash Flow - The net cash flow from operating activities improved by 84.80%, amounting to -¥3,236,082.88 compared to -¥21,283,724.09 in the same period last year[5] - Cash flow from operating activities shows a net outflow of -3,236,082.88, an improvement from -21,283,724.09 in the previous period[36] - The company reported cash inflows from operating activities totaling 140,081,674.54, down from 322,406,349.68 in the previous period, a decline of approximately 56.7%[36] - Cash outflows from operating activities totaled 143,317,757.42, compared to 343,690,073.77 in the previous period, a decrease of about 58.3%[36] - The net cash flow from investing activities surged by 20,247.83% to ¥558,840.00, primarily due to cash recovered from the disposal of fixed and intangible assets[20] - The net cash flow from investing activities is 561,600.00, compared to 2,760.00 in the previous period, indicating a significant increase[37] - The net cash flow from financing activities is -325,860.00, an improvement from -21,084,634.79 in the previous period[37] Assets and Liabilities - The total assets decreased by 3.52% to ¥3,358,286,231.65 from ¥3,480,854,188.34 at the end of the previous year[5] - Current liabilities increased to ¥3,087,496,735.42 from ¥2,546,809,240.16, representing an increase of 21.23%[31] - The total liabilities decreased from ¥3,232,001,572.36 to ¥3,128,075,262.46, a reduction of 3.23%[32] - The total equity attributable to shareholders decreased by 57.90% to ¥17,100,819.79 from ¥40,623,856.17 at the end of the previous year[5] - Cash and cash equivalents decreased from ¥170,048,990.77 to ¥148,636,249.24, a decrease of 12.55%[31] - Cash and cash equivalents at the end of the period are 17,652,557.61, down from 50,347,012.59 in the previous period, a decrease of about 65.0%[37] - Inventory decreased from ¥35,448,514.22 to ¥32,128,036.13, a decline of 9.00%[31] Shareholder Information - Total number of common shareholders at the end of the reporting period is 21,633[22] - The largest shareholder, Li Jieping, holds 20.21% of shares, totaling 76,305,925 shares, with 57,229,444 shares pledged or frozen[22] - Shenzhen Ruizhan Industrial Development Co., Ltd. holds 19.54% of shares, totaling 73,770,075 shares, all of which are pledged[22] - Guangzhou Yuhuang Trading Co., Ltd. holds 4.01% of shares, totaling 15,123,108 shares[22] - The report includes details on the shareholding structure and the status of major shareholders, emphasizing the concentration of ownership[22] Financial Challenges and Restructuring - The company has received a notice for restructuring due to inability to repay debts, indicating a significant financial challenge[23] - The company is undergoing a self-examination regarding potential forced delisting and has found no major violations that could lead to such an outcome[24] - The company has confirmed that there are no non-operational fund occupations by controlling shareholders or related parties[24] - The report indicates that there are no major defects in information disclosure or operational norms that could lead to delisting[24] - The company has disclosed its involvement in a restructuring process initiated by creditors, highlighting ongoing financial difficulties[23] - There is uncertainty regarding the company's entry into pre-restructuring and restructuring procedures, which may affect its operational stability[27] - The company faces risks of being subject to delisting warnings if the court accepts the restructuring application[27] - If the restructuring is successful, it could improve the company's asset-liability structure and promote healthy development[28] - There remains a risk of bankruptcy and liquidation if the restructuring fails[28] - The company will closely monitor the progress of relevant matters and disclose updates in accordance with regulations[28] Cost Management - The company experienced a 99.08% reduction in operating expenses, decreasing to ¥9,000.00, indicating improved cost management[18] - Total operating costs for the current period were ¥122,318,702.06, down 47.24% from ¥231,242,592.60 in the previous period[34] - Operating costs included ¥91,580,506.64 in operating expenses, which decreased by 53.00% from ¥194,660,602.24 in the previous period[34] - Research and development expenses decreased by 76.59% to ¥1,537,000.00, reflecting reduced investment in R&D activities[13] - Research and development expenses for the current period were ¥1,537,355.61, a significant decrease of 76.70% compared to ¥6,568,257.17 in the previous period[34] Equity and Returns - The weighted average return on equity was -65.71%, a decline of 57.97% from -7.74% in the previous year[5] - The total equity attributable to shareholders decreased from ¥40,623,856.17 to ¥17,100,819.79, a decline of 57.94%[32]