合纵科技(300477) - 2025 Q1 - 季度财报

Revenue and Profitability - The company's revenue for Q1 2025 was ¥340,021,994.58, a decrease of 51.57% compared to ¥702,062,090.87 in the same period last year[5] - The net loss attributable to shareholders was ¥31,833,936.36, an improvement of 45.92% from a loss of ¥58,867,320.54 in the previous year[5] - Basic and diluted earnings per share improved to -¥0.0297 from -¥0.0564, reflecting a 47.34% reduction in loss per share[5] - Net loss for the current period was ¥66,849,929.36, an improvement from a net loss of ¥80,632,885.19 in the previous period, representing a 17.1% reduction in losses[22] Cash Flow and Liquidity - The net cash flow from operating activities was ¥90,512,135.34, a significant increase of 224.71% compared to a negative cash flow of ¥72,578,907.40 in the same period last year[5] - The net cash flow from operating activities was ¥90,512,135.34, a significant recovery from a negative cash flow of ¥72,578,907.40 in the previous period[24] - Cash received from sales of goods and services increased to ¥583,188,415.35 from ¥471,335,996.53, a growth of 23.7%[24] - Cash and cash equivalents at the end of the period totaled $57.78 million, a decrease from $91.60 million year-over-year[25] - The net increase in cash and cash equivalents for the period was $25.68 million, contrasting with a significant decrease of $486.44 million in the previous period[25] Operating Costs and Expenses - The company reported a 51.85% decrease in operating costs, amounting to ¥309,795,968.10, attributed to the decline in revenue[10] - Total operating costs decreased to ¥432,203,019.12 from ¥809,218,228.12, reflecting a reduction of 46.5%[21] - Research and development expenses decreased by 44.81% to ¥16,184,450.23, indicating reduced investment in R&D[10] - Research and development expenses decreased to ¥16,184,450.23 from ¥29,323,153.40, a reduction of 44.8%[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,265,547,775.93, down 2.80% from ¥5,417,294,104.48 at the end of the previous year[5] - Total liabilities decreased from ¥4,749,218,999.82 to ¥4,685,258,858.47, a reduction of approximately 1.3%[20] - The company's short-term borrowings decreased from ¥1,324,148,335.60 to ¥1,173,401,726.24, a decline of about 11.4%[20] - The total equity attributable to the parent company decreased to ¥1,089,509,899.56 from ¥1,121,343,835.92, a decline of 2.8%[21] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 57,642, with the top ten shareholders holding significant stakes[11] - The total number of restricted shares at the beginning was 136,540,578, with 55,390,550 shares released during the period, resulting in an ending balance of 81,168,128 shares[15] Other Income and Financing Activities - Other income increased by 283.26% to ¥13,682,242.70, driven by new government subsidies and input tax deductions[10] - The company recorded an increase in other income to ¥13,682,242.70 from ¥3,569,930.14, a growth of 283.5%[21] - Net cash flow from financing activities was -$61.41 million, compared to -$24.17 million in the previous period, indicating a decline in financing efficiency[25] - Total cash inflow from financing activities was $564.23 million, down from $707.03 million in the previous period, reflecting reduced capital raising efforts[25] - Cash outflow for debt repayment was $604.19 million, compared to $685.31 million in the previous period, showing a decrease in debt servicing[25]