Changqing(SH:603768)2025-04-29 08:23Financial Performance - The company's operating revenue for Q1 2025 was CNY 811,820,611.85, representing a 9.80% increase compared to CNY 739,370,114.51 in the same period last year[4]. - The net profit attributable to shareholders decreased by 80.87% to CNY 6,132,632.19 from CNY 32,051,736.42 year-on-year[4]. - Basic earnings per share fell by 81.25% to CNY 0.03 from CNY 0.16 in the same period last year[4]. - Total operating revenue for Q1 2025 reached ¥811,820,611.85, an increase of 9.8% compared to ¥739,370,114.51 in Q1 2024[19]. - Net profit for Q1 2025 was ¥6,132,632.19, a decrease of 81.1% compared to ¥32,051,736.42 in Q1 2024[20]. Cash Flow - The net cash flow from operating activities was negative at CNY -255,631,664.92, a significant decline from CNY 24,478,323.60 in the previous year, marking a decrease of 1,144.32%[4]. - Operating cash flow for Q1 2025 was negative at -¥255,631,664.92, compared to a positive cash flow of ¥24,478,323.60 in Q1 2024[24]. - Cash received from sales in Q1 2025 was ¥358,904,849.61, a decline from ¥481,121,513.50 in Q1 2024[23]. - Cash outflow from operating activities totaled ¥625,051,505.35 in Q1 2025, compared to ¥490,481,152.90 in Q1 2024[24]. - The net increase in cash and cash equivalents was -144,310,401.36, compared to an increase of 170,600,789.96[25]. Assets and Liabilities - Total assets increased by 1.67% to CNY 5,965,041,461.84 compared to CNY 5,867,346,049.51 at the end of the previous year[5]. - The total liabilities as of March 31, 2025, are ¥3,527,200,052.32, compared to ¥3,435,637,272.18 as of December 31, 2024[16]. - The company's non-current assets total ¥3,432,240,205.29, up from ¥3,361,948,098.63[16]. - Total liabilities increased to ¥3,527,200,052.32 from ¥3,435,637,272.18 year-over-year[17]. - The total assets as of March 31, 2025, are ¥5,965,041,461.84, compared to ¥5,867,346,049.51 as of December 31, 2024[16]. Expenses - The company experienced a 138.24% increase in selling expenses, primarily due to higher salaries for marketing personnel to expand business scale[7]. - Total operating costs for Q1 2025 were ¥797,483,187.51, up 11.7% from ¥713,750,878.08 in Q1 2024[19]. - Research and development expenses for Q1 2025 were ¥32,127,766.08, a decrease of 10.5% from ¥35,899,376.68 in Q1 2024[20]. Shareholder Information - The total number of ordinary shares at the end of the reporting period is 17,453[10]. - The largest shareholder, Wu Yinghong, holds 64,999,500 shares, representing 27.32% of total shares, with 39,900,000 shares pledged[10]. - The company has not reported any changes in the participation of major shareholders in margin trading or securities lending[12].