GSDC(SH:603458)2025-04-29 08:23Financial Performance - The company's operating revenue for Q1 2025 was ¥256,902,854.31, a decrease of 2.12% compared to ¥262,476,852.20 in the same period last year[3]. - The net profit attributable to shareholders was a loss of ¥19,501,848.31, an improvement from a loss of ¥29,132,245.90 year-on-year[3]. - The basic earnings per share for Q1 2025 was -¥0.06, an improvement from -¥0.09 in the same period last year[3]. - The weighted average return on equity was -0.65%, compared to -0.80% in the previous year[3]. - The net profit for Q1 2025 was -19,806,377.71 RMB, compared to -30,011,151.52 RMB in Q1 2024, showing an improvement of approximately 34.8%[17]. - The total operating profit for Q1 2025 was -20,806,231.02 RMB, a decrease from -30,114,005.81 RMB in the same period last year, indicating a 30.5% reduction in losses[17]. - The total comprehensive income for Q1 2025 was -20,752,835.32 RMB, compared to -28,484,013.42 RMB in Q1 2024, showing an improvement of approximately 27.3%[17]. Cash Flow and Investments - The net cash flow from operating activities was -¥212,792,793.76, compared to -¥193,094,517.67 in the previous year[3]. - Cash flow from operating activities for Q1 2025 was -212,792,793.76 RMB, compared to -193,094,517.67 RMB in Q1 2024, reflecting a worsening cash flow situation[19]. - The company reported a cash flow from investing activities of -93,735,524.19 RMB in Q1 2025, compared to -42,839,229.50 RMB in Q1 2024, indicating increased cash outflows for investments[20]. - The total cash inflow from financing activities in Q1 2025 was 390,758,794.00 RMB, compared to 481,032,248.33 RMB in Q1 2024, indicating a decrease of approximately 18.8%[20]. Assets and Liabilities - The total assets at the end of the reporting period were ¥5,803,475,921.15, down 3.23% from ¥5,997,206,870.93 at the end of the previous year[4]. - Total assets decreased from CNY 5,997,206,870.93 to CNY 5,803,475,921.15, reflecting a decline of 3.2%[14]. - Total liabilities decreased from CNY 2,935,604,875.50 to CNY 2,763,628,739.91, a reduction of 5.8%[13]. - Shareholders' equity decreased from CNY 3,061,601,995.43 to CNY 3,039,847,181.24, a decline of 0.7%[14]. - Non-current assets remained relatively stable, with a slight decrease from CNY 1,306,322,429.61 to CNY 1,303,154,191.59[12]. Revenue and Costs - Total revenue for Q1 2025 was CNY 256,902,854.31, a decrease of 2.2% from CNY 262,476,852.20 in Q1 2024[16]. - Total operating costs for Q1 2025 were CNY 271,306,880.52, down 8.2% from CNY 295,520,899.75 in Q1 2024[16]. - Operating expenses in Q1 2025 included CNY 207,508,911.65 in operating costs, which increased by 3.0% from CNY 200,510,724.68 in Q1 2024[16]. - Research and development expenses for Q1 2025 were CNY 8,112,082.06, a decrease of 32.5% compared to CNY 12,084,528.94 in Q1 2024[16]. - Financial expenses in Q1 2025 totaled CNY 9,384,288.73, down 53.7% from CNY 20,258,842.07 in Q1 2024[16]. Contracts and Market Performance - The company secured new contracts worth ¥30,277,000 in Q1 2025, with engineering consulting accounting for 54.34% and engineering contracting for 45.66%[10]. - The majority of new contracts were in the highway industry, totaling ¥13,226,350, representing 43.69% of the total[10]. - The company generated 72.11% of its new contracts from within Guizhou Province, amounting to ¥21,833,980[10]. Shareholder Information - The company reported a total of 19,812 common shareholders at the end of the reporting period[6].