ZZYL(SH:600568)2025-04-29 08:25Financial Performance - The company's operating revenue for Q1 2025 was ¥141,459,196.22, representing an increase of 8.81% compared to ¥130,001,333.73 in the same period last year[3]. - The net profit attributable to shareholders was a loss of ¥17,779,912.53, an improvement of 22.34% from a loss of ¥22,893,608.42 in the previous year[3]. - The basic earnings per share improved to -¥0.0089 from -¥0.0115, reflecting a 22.61% increase[3]. - Net loss for Q1 2025 was ¥17,249,980.56, a decrease in loss compared to ¥20,801,816.79 in Q1 2024, showing an improvement of 17.3%[20]. - The company’s total comprehensive income attributable to the parent company for the current period was CNY -17,698,333.44, an improvement from CNY -22,968,340.17 in the previous period[21]. Cash Flow - The net cash flow from operating activities was ¥24,409,772.73, a significant increase of 206.12% compared to a negative cash flow of ¥23,001,563.66 in the same period last year[3]. - In Q1 2025, the company reported cash inflows from operating activities of CNY 149,667,392.16, an increase of 17.3% compared to CNY 127,578,065.68 in Q1 2024[23]. - The net cash flow from operating activities for Q1 2025 was CNY 24,409,772.73, a significant recovery from a net outflow of CNY 23,001,563.66 in the same period last year[24]. - Cash outflows for purchasing goods and services decreased to CNY 50,127,457.53 in Q1 2025 from CNY 57,293,759.28 in Q1 2024, reflecting a reduction of approximately 12.5%[24]. - Cash outflows for employee compensation in Q1 2025 were CNY 47,391,903.71, down from CNY 62,980,623.05 in Q1 2024, indicating a reduction of approximately 24.8%[24]. - The company’s cash flow from financing activities showed a net outflow of CNY -687,601.20 in Q1 2025, compared to a larger outflow of CNY -110,834,057.69 in Q1 2024[24]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,091,725,890.09, a decrease of 1.36% from ¥2,120,638,022.34 at the end of the previous year[3]. - Total assets decreased to ¥2,091,725,890.09 as of March 31, 2025, down from ¥2,120,638,022.34 at the end of 2024, a decline of 1.4%[16]. - Total liabilities decreased to ¥366,124,147.14 as of March 31, 2025, down from ¥377,867,877.91 at the end of 2024, a reduction of 3.1%[17]. - The company reported a decrease in inventory to ¥273,170,700.44 as of March 31, 2025, from ¥305,700,193.69 at the end of 2024, a decline of 10.6%[15]. Shareholder Information - The company reported a total equity attributable to shareholders of ¥1,731,577,140.25, down 1.01% from ¥1,749,275,473.69[6]. - The company’s total equity attributable to shareholders decreased to ¥1,731,577,140.25 as of March 31, 2025, down from ¥1,749,275,473.69 at the end of 2024, a decline of 1.0%[17]. - The number of ordinary shareholders at the end of the reporting period was 21,462[10]. - The largest shareholder, Shenzhen Landi Technology Development Co., Ltd., holds 19.08% of the shares, amounting to 380,172,862 shares[10]. Operating Costs and Expenses - Total operating costs for Q1 2025 were ¥162,380,842.07, up from ¥151,475,799.64 in Q1 2024, reflecting a year-over-year increase of 7.9%[19]. - Research and development expenses for Q1 2025 were ¥2,519,412.33, slightly up from ¥2,453,616.77 in Q1 2024, indicating a year-over-year increase of 2.7%[20]. - Non-recurring gains and losses amounted to ¥4,959,544.56, with government subsidies contributing ¥1,138,288.99[5][8]. Cash and Equivalents - Cash and cash equivalents increased to ¥424,772,442.85 as of March 31, 2025, up from ¥403,740,148.14 at the end of 2024, representing a growth of 5.1%[15]. - The total cash and cash equivalents at the end of Q1 2025 stood at CNY 336,912,278.95, an increase from CNY 238,998,615.25 at the end of Q1 2024[25].