Financial Performance - The company's revenue for Q1 2025 was ¥274,132,396.73, a decrease of 0.41% compared to ¥275,248,967.15 in the same period last year[5] - Net profit attributable to shareholders increased by 5.97% to ¥33,495,768.43 from ¥31,609,809.77 year-on-year[5] - Basic and diluted earnings per share rose by 5.98% to ¥0.7444 compared to ¥0.7024 in the same period last year[5] - Operating profit increased to ¥41,192,149.66, up by 5.3% compared to ¥37,976,692.24 in the previous period[20] - Net profit for the current period is ¥33,495,768.43, an increase of 5.9% from ¥31,609,809.77 in the previous period[20] - The total comprehensive income for the period was CNY 33,495,768.43, an increase from CNY 31,609,809.77 in the previous period, reflecting a growth of approximately 5.94%[21] - Basic and diluted earnings per share increased to CNY 0.7444 from CNY 0.7024, representing a rise of about 5.67%[21] Cash Flow - The net cash flow from operating activities improved significantly to ¥26,445,125.51, a 273.20% increase from a negative cash flow of ¥15,268,368.91 in the previous year[5] - Cash inflows from operating activities totaled CNY 234,995,211.76, down from CNY 253,077,080.02, indicating a decrease of approximately 7.17%[22] - Cash outflows from operating activities decreased to CNY 208,550,086.25 from CNY 268,345,448.93, a reduction of about 22.29%[23] - Net cash flow from investing activities was CNY -21,735,136.72, an improvement from CNY -212,253,552.02 in the previous period[23] - Cash and cash equivalents at the end of the period were CNY 71,371,818.07, down from CNY 126,526,061.85, reflecting a decrease of approximately 43.5%[23] - Cash inflows from financing activities were CNY 100,000,000.00, compared to CNY 209,400,000.00 in the previous period, a decline of about 52.3%[23] Assets and Liabilities - Total assets decreased by 2.66% to ¥1,451,492,389.54 from ¥1,491,115,359.54 at the end of the previous year[5] - Total current assets decreased to ¥696,233,667.52 from ¥760,146,415.55, a decline of approximately 8.4%[16] - Total non-current assets increased to ¥755,258,722.02 from ¥730,968,943.99, an increase of about 3.3%[16] - Total liabilities decreased to ¥699,868,383.79 from ¥776,624,322.22, a reduction of approximately 9.9%[17] - The company's equity attributable to shareholders increased by 5.20% to ¥751,624,005.75 from ¥714,491,037.32 at the end of the previous year[5] - Total equity attributable to shareholders increased to ¥751,624,005.75 from ¥714,491,037.32, reflecting a growth of about 5.2%[17] Government Support and Other Income - The company received government subsidies amounting to ¥367,111.48, which positively impacted its financial performance[6] - The company reported a 174.02% increase in other income, primarily due to an increase in input tax credits[9] Regulatory and Audit Information - Jiangshun Technology received approval from the China Securities Regulatory Commission for its initial public offering on March 28, 2025[13] - The company has not undergone an audit for the first quarter report, which was released on April 30, 2025[24] Changes in Financial Metrics - Significant changes in financial metrics included a 31.67% decrease in receivables financing due to increased bill endorsements[9] - Accounts receivable increased to ¥262,908,690.59 from ¥240,537,640.50, an increase of about 9.3%[15] - Cash and cash equivalents decreased to ¥98,648,140.60 from ¥114,999,882.81, a decline of approximately 13.5%[15] - The company reported a significant increase in tax refunds received, amounting to CNY 8,121,687.65, compared to CNY 8,616,328.90 in the previous period[22]
江顺科技(001400) - 2025 Q1 - 季度财报