中马传动(603767) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 200,512,774.6, a decrease of 15.14% compared to CNY 236,291,119.74 in the same period last year[4] - Net profit attributable to shareholders was CNY 6,045,622.11, down 59.67% from CNY 14,991,448.88 year-on-year[4] - The basic earnings per share decreased by 60.00%, from CNY 0.05 to CNY 0.02[5] - The weighted average return on equity fell by 0.60 percentage points, from 1.02% to 0.42%[5] - Total revenue for Q1 2025 was CNY 200,512,774.60, a decrease of 15.1% compared to CNY 236,291,119.74 in Q1 2024[18] - Gross profit margin for Q1 2025 was approximately 0.83%, compared to 5.5% in Q1 2024, indicating a significant decline in profitability[18] - Operating profit for Q1 2025 is CNY 6,863,099.91, down 61.3% from CNY 17,701,391.92 in the same period last year[19] - The company's total profit for Q1 2025 is CNY 7,173,808.64, a decrease of 59.5% from CNY 17,701,390.35 in Q1 2024[19] - Operating profit for Q1 2025 was CNY 7,210,534.80, down 60.1% from CNY 18,066,276.44 in Q1 2024[31] - Net profit for Q1 2025 was CNY 6,393,057.00, a decline of 58.3% compared to CNY 15,356,334.97 in Q1 2024[31] Cash Flow and Liquidity - The net cash flow from operating activities increased by 14.15%, reaching CNY 31,827,312.01 compared to CNY 27,882,016.81 in the previous year[4] - Cash flow from operating activities for Q1 2025 is CNY 31,827,312.01, an increase of 14.0% compared to CNY 27,882,016.81 in Q1 2024[24] - The company reported a net cash increase of CNY 30,441,801.10 in Q1 2025, compared to CNY 21,080,659.38 in Q1 2024[25] - The cash and cash equivalents balance at the end of Q1 2025 is CNY 467,390,421.08, up from CNY 362,669,274.52 a year earlier[25] - The net cash flow from financing activities was 0.00, suggesting no new debt or equity financing during the period[35] - The net increase in cash and cash equivalents for the period was 30,450,439.72, compared to 21,106,667.04 in the previous period, reflecting a significant increase[35] - The ending balance of cash and cash equivalents reached 466,273,262.54, up from 362,622,008.80 in the prior period, indicating strong liquidity[35] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,679,807,026.50, a slight decrease of 0.13% from CNY 1,682,074,313.80 at the end of the previous year[5] - Total assets as of March 31, 2025, were CNY 1,679,807,026.50, slightly down from CNY 1,682,074,313.80 at the end of 2024[15] - Total liabilities decreased to CNY 247,025,186.20 from CNY 255,338,095.61, a reduction of 3.2%[14] - Total liabilities decreased to CNY 246,108,224.36 from CNY 254,421,160.65, reflecting a reduction of 3.2%[28] - Shareholders' equity attributable to shareholders increased by 0.42%, from CNY 1,426,736,218.19 to CNY 1,432,781,840.30[5] - Shareholders' equity increased to CNY 1,432,781,840.30 from CNY 1,426,736,218.19, reflecting a growth of 0.4%[15] - The company's total equity increased to CNY 1,438,516,449.92 from CNY 1,432,123,392.92, showing a growth of 0.4%[28] Research and Development - R&D expenses for Q1 2025 were CNY 6,623,082.50, down 54.5% from CNY 14,485,934.33 in Q1 2024, indicating a significant reduction in investment in innovation[18] - Research and development expenses for Q1 2025 were CNY 6,623,082.50, significantly lower than CNY 14,485,934.33 in Q1 2024, indicating a reduction of 54.5%[30] Market and Product Development - The decline in net profit was primarily due to a decrease in revenue from direct and indirect exports of the company's products[7] - The company has not disclosed any new product developments or market expansion strategies in this report[7]