Ruitai Technology(002066)2025-04-29 08:15Financial Performance - The company's revenue for Q1 2025 was CNY 980,483,426.60, representing a decrease of 13.71% compared to CNY 1,136,321,320.76 in the same period last year[5] - Net profit attributable to shareholders was CNY 16,485,356.14, down 26.47% from CNY 22,420,700.72 year-on-year[5] - The basic earnings per share decreased to CNY 0.0714, a decline of 26.47% compared to CNY 0.0971 in the previous year[5] - Total operating revenue for the current period was CNY 980,483,426.60, a decrease of 13.76% compared to CNY 1,136,321,320.76 in the previous period[20] - Total operating costs for the current period were CNY 944,179,829.29, down 13.76% from CNY 1,094,866,479.28 in the previous period[20] - Operating profit decreased from ¥49,038,395.95 to ¥42,785,393.00, a decline of about 12.8%[21] - Net profit declined from ¥41,988,607.31 to ¥33,250,214.44, representing a decrease of about 20.8%[21] - Basic and diluted earnings per share fell from ¥0.0971 to ¥0.0714, a decrease of approximately 26.4%[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,931,629,170.79, down 3.31% from CNY 5,100,681,506.61 at the end of the previous year[5] - Total assets decreased to CNY 4,931,629,170.79 from CNY 5,100,681,506.61, a decline of 3.31%[17] - Total liabilities decreased to CNY 3,439,865,289.34 from CNY 3,605,714,068.23, a reduction of 4.61%[18] - Shareholders' equity totaled CNY 1,491,763,881.45, down slightly from CNY 1,494,967,438.38, a decrease of 0.22%[18] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 56,193,658.97, which is a 6.86% increase in outflow compared to CNY 52,584,499.33 in the same period last year[5] - Cash flow from operating activities showed a net outflow of ¥56,193,658.97, compared to a net outflow of ¥52,584,499.33 in the previous period[23] - Cash and cash equivalents at the end of the period were CNY 322,248,767.86, down 28.87% from CNY 452,844,931.15 at the beginning of the period[16] - Cash and cash equivalents at the end of the period decreased to ¥269,842,929.42 from ¥380,134,874.19, a decline of approximately 29.1%[24] - Investment activities resulted in a net cash outflow of ¥13,799,237.70, compared to a net outflow of ¥28,001,746.16 in the previous period[24] - Financing activities generated a net cash outflow of ¥40,412,507.73, contrasting with a net inflow of ¥14,694,433.62 in the previous period[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,047, with the largest shareholder holding 40.13% of the shares[12] Operational Metrics - Cash flow from operating activities showed a net outflow of CNY 56,193,658.97, which is a 6.86% increase in outflow compared to CNY 52,584,499.33 in the same period last year[5] - Accounts receivable increased to CNY 1,029,155,038.29 from CNY 925,845,829.78, reflecting an increase of 11.14%[16] - Inventory at the end of the period was CNY 1,098,845,386.00, slightly up from CNY 1,040,348,642.15, indicating a growth of 5.59%[16] - R&D expenses decreased from ¥39,825,218.66 to ¥29,247,259.47, a reduction of approximately 26.6%[21] - Sales expenses decreased by CNY 1,457.94 million, a reduction of 39.27%, attributed to optimized sales channels and strengthened cost control[10] Future Outlook - The company plans to hold an earnings briefing on March 26, 2025, to discuss performance and future strategies[14]