成都路桥(002628) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥118,358,510.90, a decrease of 27.12% compared to ¥162,400,115.55 in the same period last year[5] - Net profit attributable to shareholders increased by 16.26% to ¥4,141,734.15 from ¥3,562,550.78 year-on-year[5] - The net profit after deducting non-recurring gains and losses surged by 73.98% to ¥4,043,352.80 compared to ¥2,323,975.78 in the previous year[5] - The total profit for the period increased by 34.02% to ¥5,847,030.59, attributed to a reduction in credit impairment losses compared to the previous year[8] - Net profit for the current period was ¥4,434,753.87, an increase of 15.7% compared to ¥3,833,034.90 in the previous period[18] - The company achieved an operating profit of ¥5,810,303.44, an increase of 54.5% from ¥3,753,230.58 in the previous period[18] - The company’s total comprehensive income for the current period was ¥4,434,753.87, compared to ¥3,833,034.90 in the previous period[18] - Basic and diluted earnings per share remained at ¥0.005 for both periods[18] Cash Flow and Liquidity - Cash and cash equivalents saw a significant decline of 65.48%, dropping to ¥35,373,948.81 from ¥102,475,161.91 due to reduced cash collections during the reporting period[8] - The net cash flow from operating activities was negative at -¥41,976,167.86, slightly worse than -¥39,736,608.13 in the same period last year, reflecting ongoing cash flow challenges[5] - The net cash flow from operating activities was -¥41,976,167.86, slightly worse than -¥39,736,608.13 in the previous period[21] - Cash and cash equivalents at the end of the period decreased to ¥23,394,633.73 from ¥36,254,179.89 in the previous period[22] - The company experienced an 83.91% decline in cash received from investment recoveries, totaling ¥1,500,000.00, reflecting decreased investment returns during the reporting period[8] Assets and Liabilities - The company's total assets decreased by 2.77% to ¥6,775,048,279.26 from ¥6,968,300,700.84 at the end of the previous year[5] - Current assets decreased to CNY 3,045,663,419.35 from CNY 3,218,251,063.76, indicating a reduction of approximately 5.36%[14] - The company's cash and cash equivalents dropped significantly from CNY 102,475,161.91 to CNY 35,373,948.81, a decline of about 65.5%[14] - Total liabilities decreased from CNY 3,993,727,338.60 to CNY 3,796,700,793.61, a decline of about 4.9%[15] - The company's non-current assets totaled CNY 3,729,384,859.91, down from CNY 3,750,049,637.08, indicating a decrease of approximately 0.55%[15] - The total equity of the company as of March 31, 2025, was CNY 2,978,347,485.65, slightly up from CNY 2,974,573,362.24[15] - Short-term borrowings increased from CNY 13,015,966.66 to CNY 15,018,161.10, an increase of approximately 15.4%[15] - The company’s long-term borrowings remained stable at CNY 1,305,651,500.00, showing no significant change[15] Operating Costs and Expenses - Total operating costs decreased to ¥149,227,097.06, down 23.3% from ¥194,687,088.97 in the previous period[17] - The company reported a decrease in research and development expenses to ¥698,204.00, down 16.9% from ¥840,662.50 in the previous period[17] - The company reported a 39.03% decrease in taxes and surcharges, amounting to ¥706,138.22, primarily due to reduced operating income[8] Accounting and Reporting - The first quarter report is unaudited[23] - The new accounting standards will be implemented starting in 2025[23]