天宸股份(600620) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 reached ¥71,934,740.66, a significant increase of 1,707.88% compared to ¥3,978,948.18 in the same period last year[4] - Net profit attributable to shareholders was ¥3,310,302.62, a turnaround from a loss of ¥19,881,535.37 in the previous year[4] - Basic earnings per share improved to ¥0.0048 from a loss of ¥0.029 per share in the same period last year[4] - Operating profit for Q1 2025 was ¥4,983,488.03, compared to a loss of ¥27,997,017.01 in Q1 2024, indicating a turnaround in profitability[19] - Net profit for Q1 2025 was ¥3,270,974.92, recovering from a net loss of ¥19,888,568.15 in Q1 2024[20] - The company reported a total comprehensive loss of -¥66,934,802.38 in Q1 2025, compared to -¥108,659,523.41 in Q1 2024, showing an improvement in comprehensive performance[20] Cash Flow - The net cash flow from operating activities was -¥174,260,632.41, worsening from -¥55,020,293.96 in the same period last year[4] - Cash flow from operating activities for Q1 2025 was negative at -¥174,260,632.41, worsening from -¥55,020,293.96 in Q1 2024[23] - The company’s cash inflow from operating activities was ¥91,046,106.60 in Q1 2025, significantly higher than ¥34,081,141.98 in Q1 2024[23] - Net cash flow from investing activities was -$18.20 million, compared to -$0.95 million in the previous period[24] - Cash inflow from financing activities totaled $121.81 million, significantly up from$10.00 million previously[24] - Net cash flow from financing activities was $110.33 million, compared to$5.25 million in the prior period[24] - The ending balance of cash and cash equivalents decreased to $160.36 million from$411.21 million[24] - The company experienced a net decrease in cash and cash equivalents of -$82.19 million, compared to -$50.73 million previously[24] - Cash outflow from investment activities amounted to $22.77 million, up from$6.08 million in the previous period[24] - Cash paid for debt repayment was $10.00 million, with dividend payments totaling$1.48 million[24] - The impact of exchange rate changes on cash and cash equivalents was -$58.58 thousand[24] - The cash flow from financing activities was primarily driven by increased borrowings[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,830,294,373.30, a decrease of 6.52% from ¥3,027,650,070.57 at the end of the previous year[5] - The total liabilities decreased to ¥1,354,777,194.95 in Q1 2025 from ¥1,485,198,089.84 in Q1 2024, reflecting a reduction of approximately 8.8%[16] - The total equity attributable to shareholders decreased to ¥1,475,859,323.19 in Q1 2025 from ¥1,542,754,797.87 in Q1 2024, a decline of about 4.3%[16] - Current liabilities include accounts payable of ¥310,585,849.97, down from ¥513,658,069.47, a decrease of about 39.5%[15] - The company has no short-term borrowings as of March 31, 2025, compared to ¥10,000,000.00 previously[15] Shareholder Information - The total number of common shareholders at the end of the reporting period is 19,000[10] - The largest shareholder, Shanghai Zhongsheng Hongqiao Enterprise Management Co., Ltd., holds 172,225,164 shares, representing 25.08% of total shares[10] - The second-largest shareholder, Guohua Life Insurance Co., Ltd. - Universal No. 3, holds 104,088,332 shares, accounting for 15.16%[10] Revenue Sources - The company attributed the revenue increase primarily to property sales from its subsidiary, Shanghai Tianchen Health Management Co., Ltd.[8] - The net profit increase was mainly due to property sales, which were absent in the same period last year[8] Other Financial Metrics - The weighted average return on equity increased to 0.22%, up by 1.50 percentage points from -1.28% in the previous year[5] - The company incurred total operating costs of ¥65,756,679.54 in Q1 2025, up from ¥30,681,901.83 in Q1 2024, marking an increase of approximately 114%[19] - The company's total current assets as of March 31, 2025, amount to ¥1,826,054,962.07, a decrease from ¥1,931,276,113.87 on December 31, 2024[14] - Cash and cash equivalents decreased from ¥253,556,811.39 to ¥171,364,509.60, reflecting a decline of approximately 32.4%[14] - Accounts receivable decreased from ¥44,235,390.89 to ¥30,456,679.93, a reduction of about 30.9%[14] - Inventory as of March 31, 2025, is ¥1,575,706,371.38, slightly down from ¥1,588,261,007.38[14]