*ST新联(000620) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥296,452,892.63, a decrease of 63.19% compared to ¥805,462,915.49 in the same period last year[5] - The net loss attributable to shareholders was ¥102,394,429.38, representing a decline of 595.00% from a profit of ¥20,685,648.35 in the previous year[5] - Basic and diluted earnings per share were both -¥0.0174, a decrease of 597.14% from ¥0.0035 in the previous year[5] - Total operating revenue for the current period is CNY 296,452,892.63, a decrease of 63.3% compared to CNY 805,462,915.49 in the previous period[20] - Net profit for the current period is CNY -108,727,160.76, compared to a profit of CNY 8,237,214.65 in the previous period, indicating a significant decline[21] Cash Flow and Liquidity - The net cash flow from operating activities improved by 95.70%, reaching -¥10,856,159.81 compared to -¥252,534,621.30 in the same period last year[5] - The company reported a cash balance of ¥892,743,527.39 as of March 31, 2025, an increase from ¥803,172,874.93 at the beginning of the period, reflecting a growth of approximately 11.7%[15] - Operating cash inflow for the current period is CNY 513,770,663.43, a decrease of 7.06% from CNY 552,781,762.52 in the previous period[23] - Operating cash outflow for the current period is CNY 524,626,823.24, down 34.87% from CNY 805,316,383.82 in the previous period[24] - Net cash flow from investing activities is CNY 49,749,754.42, compared to -CNY 1,170,450.76 in the previous period[24] - Cash inflow from financing activities is CNY 31,140,000.00, significantly lower than CNY 265,369,773.80 in the previous period[24] - The ending cash and cash equivalents balance is CNY 498,459,727.60, up from CNY 284,050,030.77 in the previous period[24] - The company received CNY 52,000,000.00 from the disposal of subsidiaries and other business units[24] - The company reported a cash inflow of CNY 19,479,153.39 from tax refunds, a significant increase from CNY 449,765.47 in the previous period[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥12,222,526,434.97, a slight increase of 0.12% from ¥12,207,434,811.89 at the end of the previous year[5] - Total liabilities increased to CNY 6,939,244,830.80 from CNY 6,871,018,701.81, marking a rise of 1.0%[18] - The company's equity attributable to shareholders decreased by 0.95%, amounting to ¥4,840,871,804.95 compared to ¥4,887,127,060.87 at the end of the previous year[5] - The total equity attributable to shareholders decreased to CNY 4,840,871,804.95 from CNY 4,887,127,060.87, a decline of 0.9%[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 74,707, with no preferred shareholders[11] - A total of 526,700,000 shares held by certain shareholders will be released from restrictions and listed for trading on January 8, 2025[14] - The top ten shareholders include significant entities such as Xinhua Lian Holdings and various investment partnerships, indicating a diverse ownership structure[12] Operational Efficiency - The company reported a significant decrease in operating income and costs, with operating costs at ¥290,145,965.60, down 51.50% from ¥598,226,598.70[9] - Other income decreased by 78.94%, totaling ¥2,275,956.00 compared to ¥10,809,386.26 in the previous year, primarily due to reduced government subsidies[9] - The company recorded a 4230.96% increase in tax refunds received, amounting to ¥19,479,153.39 compared to ¥449,765.47 in the previous year[9] - The company reported a credit impairment loss of CNY -12,831,141.26, an improvement from CNY -16,544,445.47 in the previous period[21] - Other comprehensive income after tax for the current period is CNY 2,815,358.63, compared to a loss of CNY -9,653,622.61 in the previous period[22] Strategic Initiatives - The company has committed to not transferring or reducing the acquired shares for 36 months as per the restructuring investment agreement[13] - The company is undergoing a restructuring process, with specific commitments from investors to stabilize shareholding[13] - The company is actively involved in asset management and restructuring to enhance its financial position[12] - The financial data reflects a focus on improving liquidity and managing receivables effectively[15] Accounting Standards - The company has not yet adopted the new accounting standards for the financial statements as of the beginning of the year[25]