ST曙光(600303) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥362,154,130.62, representing a year-on-year increase of 1.49% compared to ¥356,840,759.79 in the same period last year[4] - The net profit attributable to shareholders of the listed company was -¥72,777,759.84, a decrease from -¥63,747,131.89 in the previous year, indicating a decline in profitability[4] - The company reported a basic and diluted earnings per share of -¥0.11, worsening from -¥0.09 in the same period last year[4] - Net loss for Q1 2025 was CNY 74,629,129.84, compared to a net loss of CNY 65,039,279.82 in Q1 2024, indicating a deterioration in performance[18] Cash Flow - The net cash flow from operating activities was -¥45,819,364.65, an improvement from -¥69,161,992.52 in the same period last year, reflecting better cash management[4] - The net cash flow from operating activities for Q1 2025 was negative CNY 45,819,364.65, an improvement from negative CNY 69,161,992.52 in Q1 2024[21] - Cash received from sales of goods and services in Q1 2025 was CNY 233,731,155.86, an increase from CNY 178,520,816.55 in Q1 2024[21] - The net cash flow from investing activities was -5,336,216.87, a decrease from -509,994.00 in the previous period[22] - Cash inflow from financing activities totaled 108,710,000.00, compared to 115,270,000.00 previously[22] - The net cash flow from financing activities was 17,881,208.53, a significant decrease from 85,903,710.89 in the prior period[22] - The cash and cash equivalents at the end of the period amounted to 82,101,429.56, down from 69,258,564.57 previously[22] - The cash flow from financing activities included debt repayment of 79,053,388.89, significantly higher than 20,000,000.00 in the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,467,922,713.46, down 1.96% from ¥3,537,212,655.25 at the end of the previous year[5] - The total current assets as of March 31, 2025, amount to RMB 1,114,413,805.47, a decrease from RMB 1,150,048,486.10 as of December 31, 2024, reflecting a decline of approximately 3.1%[12] - Total liabilities increased to RMB 1,114,413,805.47 from RMB 1,150,048,486.10, reflecting a decrease of approximately 3.1%[12] - The total liabilities as of the reporting date were CNY 2,164,697,095.37, slightly up from CNY 2,160,792,907.32 in the previous period[14] - The total equity attributable to shareholders decreased to CNY 1,269,960,009.42 from CNY 1,341,313,880.53, reflecting a decline of approximately 5.3%[14] Operational Efficiency - The weighted average return on net assets was -5.57%, compared to -3.86% in the previous year, indicating a decline in efficiency[4] - The decrease in net profit was primarily due to a reduction in vehicle sales compared to the previous year[7] - The company recorded non-operating income of ¥164,160.00 from government subsidies, while incurring a loss of ¥360,323.80 from the disposal of non-current assets[6] - Research and development expenses for Q1 2025 were CNY 13,875,142.20, a decrease of 6.16% from CNY 14,790,626.75 in Q1 2024[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 28,407, with the largest shareholder holding 14.32% of the shares[9] - The company has no significant new product launches or technological developments reported during the conference call[11] Inventory and Receivables - Accounts receivable increased slightly to RMB 432,933,954.24 from RMB 429,515,592.63, showing a marginal increase of approximately 0.6%[12] - Inventory decreased to RMB 247,752,384.00 from RMB 254,301,924.83, indicating a reduction of about 2.6%[12] - Accounts payable remained stable at RMB 835,235,035.24 compared to RMB 835,179,368.45, showing no significant change[13] Contract Liabilities - The company reported a significant increase in contract liabilities to RMB 48,442,609.05 from RMB 22,752,739.83, indicating a growth of about 113.0%[13]