Trendzone(SH:603030)2025-04-29 08:23Financial Performance - The company's operating revenue for Q1 2025 was CNY 212,628,798.44, representing a year-on-year increase of 6.47% compared to CNY 199,709,951.67 in the same period last year[4]. - The net profit attributable to shareholders was a loss of CNY 19,159,820.90, an improvement of 27.51% from a loss of CNY 26,432,126.90 in the previous year[4]. - The net cash flow from operating activities was CNY 10,425,591.86, a significant increase of 112.59% compared to a negative cash flow of CNY 82,825,315.30 in the same period last year[4]. - The basic and diluted earnings per share were both CNY -0.0145, showing a 27.51% improvement from CNY -0.02 in the previous year[4]. - The net profit for the first quarter of 2025 was -17,428,293.83 RMB, compared to -26,565,393.85 RMB in the same period of 2024, showing an improvement of approximately 34%[19]. - Operating profit for the first quarter of 2025 was -17,831,687.29 RMB, an improvement from -25,371,177.74 RMB year-over-year[19]. - Total comprehensive income for the first quarter of 2025 was -16,833,950.56 RMB, compared to -26,288,251.85 RMB in the first quarter of 2024, indicating a 36% improvement[20]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,145,612,926.89, a decrease of 1.60% from CNY 2,180,520,678.77 at the end of the previous year[5]. - Total liabilities as of March 31, 2025, were RMB 1,157,953,178.24, down from RMB 1,168,224,043.52 at the end of 2024[15]. - The company's total equity decreased to RMB 987,659,748.65 as of March 31, 2025, compared to RMB 1,012,296,635.25 at the end of 2024[15]. - The company reported a net loss of RMB 1,473,867,410.37 in equity attributable to shareholders as of March 31, 2025, compared to a loss of RMB 1,454,707,589.47 at the end of 2024[15]. Cash Flow and Expenses - Cash and cash equivalents decreased to RMB 70,453,009.76 as of March 31, 2025, from RMB 124,377,692.71 as of December 31, 2024, representing a decline of 43.4%[13]. - The cash and cash equivalents at the end of Q1 2025 were 67,103,499.17 RMB, down from 236,553,292.31 RMB at the end of Q1 2024, indicating a decrease of approximately 72%[23]. - The total cash outflow from financing activities in Q1 2025 was 62,427,231.82 RMB, compared to 192,915,798.39 RMB in Q1 2024, showing a significant reduction of about 68%[23]. - The company incurred financial expenses of 10,615,138.37 RMB in Q1 2025, up from 8,305,570.22 RMB in Q1 2024, reflecting a 28% increase[19]. - The company reported a decrease in research and development expenses to 2,926,110.16 RMB in Q1 2025 from 4,255,501.09 RMB in Q1 2024, a reduction of approximately 31%[19]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 30,493[10]. - The equity attributable to shareholders decreased by 1.97% to CNY 926,881,643.55 from CNY 945,550,710.55 at the end of the previous year[5]. Revenue and Costs - Total operating revenue for Q1 2025 reached RMB 212,628,798.44, an increase of 6.9% compared to RMB 199,709,951.67 in Q1 2024[18]. - Total operating costs for Q1 2025 were RMB 239,806,501.16, up from RMB 232,854,033.70 in Q1 2024, reflecting a year-over-year increase of 3.9%[18]. - Operating costs included RMB 192,868,971.06 in operating expenses for Q1 2025, compared to RMB 183,690,382.62 in Q1 2024, indicating a rise of 5.9%[18]. - Total revenue from sales of goods and services in Q1 2025 was 251,556,098.87 RMB, slightly down from 254,194,206.05 RMB in Q1 2024[21]. Government Support - The company received government subsidies amounting to CNY 125,817.36, which are closely related to its normal business operations[6]. Asset Management - Accounts receivable stood at RMB 399,853,541.73 as of March 31, 2025, slightly down from RMB 406,493,252.53 at the end of 2024[13]. - Inventory increased to RMB 115,420,845.99 as of March 31, 2025, compared to RMB 91,584,152.87 as of December 31, 2024, reflecting a growth of 26.0%[13]. - The weighted average return on net assets was -2.05%, an improvement from -2.59% in the previous year[5].