泉峰汽车(603982) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 reached CNY 601,040,840.05, representing a 19.36% increase compared to CNY 503,573,554.75 in the same period last year[4] - The net loss attributable to shareholders was CNY -90,491,482.74, an improvement from CNY -141,209,636.28 year-over-year[4] - Total operating revenue for Q1 2025 reached ¥601,040,840.05, an increase of 19.4% compared to ¥503,573,554.75 in Q1 2024[23] - Net loss for Q1 2025 was ¥90,491,482.74, an improvement from a net loss of ¥141,209,636.28 in Q1 2024, representing a 36% reduction in losses[24] - Basic and diluted earnings per share for Q1 2025 were both -¥0.3323, compared to -¥0.5403 in Q1 2024[25] Cash Flow and Liquidity - The net cash flow from operating activities was CNY -115,412,466.68, slightly worse than CNY -111,914,840.62 in the previous year[4] - Cash inflow from operating activities in Q1 2025 totaled ¥608,814,083.53, down 14% from ¥707,452,822.78 in Q1 2024[28] - The net cash flow from operating activities was -$115.41 million, compared to -$111.91 million in the previous period, indicating a slight deterioration in operational cash flow[29] - Total cash outflow from operating activities amounted to $724.23 million, down from $819.37 million year-over-year[29] - The total cash and cash equivalents at the end of the period reached $681.20 million, up from $659.37 million year-over-year[30] Assets and Liabilities - The total assets increased by 4.32% to CNY 6,986,572,441.75 from CNY 6,697,357,806.25 at the end of the previous year[5] - The company's current assets reached RMB 2,748,397,434.68, up from RMB 2,501,938,920.17, indicating an increase of about 9.8%[18] - The total liabilities of the company as of March 31, 2025, were RMB 5,212,759,279.73, compared to RMB 4,845,313,343.25 at the end of 2024, representing a rise of approximately 7.6%[19] - The total equity of the company was reported at RMB 773,813,161.02 as of March 31, 2025, compared to RMB 852,044,462.00 at the end of 2024, reflecting a decrease of about 9.2%[19] Operational Efficiency - The gross margin for new energy vehicle components remained stable at over 60% of total revenue, despite price pressures in the competitive market[6] - The company is focusing on enhancing production efficiency and reducing costs, leading to a significant narrowing of net losses compared to the previous year[6] - The company received government subsidies amounting to CNY 6,441,156.85, which positively impacted its financial performance[8] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 24,354[13] - The company has not reported any significant changes in its major shareholders or their shareholdings during the reporting period[15] Research and Development - Research and development expenses for Q1 2025 were ¥26,739,197.68, a decrease of 32.4% from ¥39,527,163.52 in Q1 2024[24] Strategic Outlook - The company plans to continue investing in new energy vehicle components and improve its technological capabilities to enhance market competitiveness[6] - There are no significant new strategies or product developments mentioned in the current report[16]