Financial Performance - The company's revenue for Q1 2025 reached ¥118,563,595.63, representing a 26.98% increase compared to ¥93,370,902.23 in the same period last year[5] - Net profit attributable to shareholders was ¥7,187,233.17, up 30.88% from ¥5,491,591.69 year-on-year[5] - Total operating revenue for the current period reached ¥118,563,595.63, a significant increase of 27% compared to ¥93,370,902.23 in the previous period[21] - Net profit for the current period was ¥7,187,233.17, representing a 31% increase from ¥5,491,591.69 in the previous period[22] - Basic and diluted earnings per share remained unchanged at ¥0.05[5] - Basic and diluted earnings per share remained stable at ¥0.05 for both periods[22] Cash Flow - The net cash flow from operating activities was -¥11,236,905.21, a significant decrease of 7,234.01% compared to ¥157,511.86 in the previous year[5] - Cash flow from operating activities was ¥121,135,828.80, compared to ¥95,649,292.65 in the previous period, marking a substantial increase[24] - Operating cash inflow totaled CNY 125,541,486.59, an increase from CNY 100,294,544.63 in the previous period[25] - Operating cash outflow amounted to CNY 136,778,391.80, compared to CNY 100,137,032.77 last year[25] - Cash inflow from investment activities reached CNY 198,734,312.09, up from CNY 121,657,247.73[25] - Net cash flow from investment activities was CNY 91,616,288.09, compared to CNY 59,152,874.54 previously[25] - Cash outflow from financing activities totaled CNY 786,826.95, down from CNY 87,137,521.37[26] - The net increase in cash and cash equivalents was CNY 79,507,186.64, contrasting with a decrease of CNY -28,165,991.43 last year[26] - The ending balance of cash and cash equivalents stood at CNY 244,545,538.31, compared to CNY 297,974,775.96 at the end of the previous period[26] Assets and Liabilities - Total assets at the end of Q1 2025 were ¥1,540,470,338.02, a decrease of 1.04% from ¥1,556,676,517.18 at the end of the previous year[5] - The total liabilities decreased to ¥138,054,221.38 from ¥159,623,015.65, indicating a reduction of about 14%[21] - The company’s total current liabilities decreased from CNY 20,013,902.79 to CNY 20,011,944.40, showing a slight reduction[18] - The company’s receivables decreased from CNY 123,401,023.23 to CNY 105,874,397.59, a decline of about 14.2%[18] - The company’s non-current assets totaled CNY 938,357,338.60, up from CNY 925,537,851.20, reflecting an increase of approximately 1.9%[18] - The company’s total liabilities and shareholders' equity were not explicitly detailed in the provided documents, indicating a focus on asset management and liquidity[16] Operating Costs and Income - The company reported a 42.54% increase in operating costs, totaling ¥88,127,043.73, due to rising costs associated with increased revenue[10] - Total operating costs amounted to ¥114,324,424.33, up from ¥90,200,814.58, reflecting a rise of approximately 27%[21] - Other income increased by 71.79% to ¥3,000,252.08, attributed to higher government subsidies related to revenue[10] - The company reported a financial income of ¥2,353,894.45, up from ¥1,790,120.09, reflecting improved financial management[21] - Other comprehensive income after tax was reported at -¥1,824,618.06, an improvement from -¥2,839,195.86 in the previous period[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 10,041[11] - The company has a share repurchase account holding 3,390,550 shares, accounting for 2.45% of the total share capital[14] Miscellaneous - The company confirmed the full redemption of "Xiangyuan Convertible Bonds," which will no longer be traded post-January 6, 2025[15] - The company did not undergo an audit for the first quarter report[27] - The new accounting standards will be implemented starting in 2025[27]
祥源新材(300980) - 2025 Q1 - 季度财报