正威新材(002201) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥292,926,424.50, representing a 6.98% increase compared to ¥273,813,752.28 in the same period last year[5]. - Net profit attributable to shareholders increased by 84.89% to ¥16,436,383.22 from ¥8,889,745.44 year-on-year[5]. - The net profit after deducting non-recurring gains and losses rose by 112.64% to ¥13,270,272.65 compared to ¥6,240,793.39 in the previous year[5]. - The basic earnings per share increased by 85.29% to ¥0.0252 from ¥0.0136 in the same period last year[5]. - Operating profit increased to ¥20,342,611.43, compared to ¥17,498,607.74, marking a growth of 10.5%[21]. - Net profit for the current period was ¥16,436,383.22, representing a significant increase of 85.5% from ¥8,889,745.44 in the previous period[22]. - Earnings per share (EPS) for the current period was ¥0.0252, up from ¥0.0136 in the previous period, indicating a 85.3% increase[22]. Cash Flow - The net cash flow from operating activities decreased by 32.31% to ¥1,652,847.04 from ¥2,441,908.76 year-on-year[5]. - Cash inflow from operating activities totaled ¥246,592,612.11, compared to ¥217,490,747.94 in the previous period, reflecting an increase of 13.4%[23]. - Cash outflow from operating activities totaled $244,939,765.07, an increase from $215,048,839.18 in the previous period[24]. - Cash inflow from financing activities increased to $69,800,000.00 from $50,000,000.00 in the previous period[24]. - Net cash flow from financing activities improved to $57,268,267.68 from a negative -$48,851,640.36 year-over-year[24]. - The net increase in cash and cash equivalents was $4,196,847.21, recovering from a decrease of -$37,300,733.58 in the prior period[24]. - The ending balance of cash and cash equivalents was $79,908,627.27, down from $106,587,356.72 year-over-year[24]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,673,408,710.99, a decrease of 0.73% from ¥2,693,162,444.94 at the end of the previous year[5]. - The total liabilities decreased to ¥1,559,396,074.03 from ¥1,595,586,191.20, a reduction of approximately 2.3%[18]. - The company's total liabilities increased, with accounts receivable rising by ¥187,700 and prepaid accounts increasing by ¥22,914,200[8]. - Current assets decreased from CNY 1,509,378,395.84 to CNY 1,494,803,805.44, reflecting a decline of about 0.97%[16]. - Accounts receivable decreased from CNY 566,067,517.14 to CNY 479,860,901.13, a decrease of approximately 15.25%[16]. - Inventory increased from CNY 458,351,966.60 to CNY 544,796,763.82, representing an increase of about 18.86%[16]. - Short-term borrowings increased from CNY 424,574,205.81 to CNY 494,426,197.81, an increase of approximately 16.43%[17]. - Accounts payable decreased from CNY 714,182,658.73 to CNY 633,541,092.37, a decrease of about 11.29%[17]. - The company’s long-term equity investments decreased from CNY 36,277,259.05 to CNY 35,187,812.10, a decline of approximately 3.01%[17]. - The company’s non-current assets totaled CNY 1,178,604,905.55, slightly down from CNY 1,183,784,049.10, a decrease of about 0.43%[17]. Expenses - Total operating costs amounted to ¥269,697,308.97, up from ¥258,012,141.00, reflecting a rise of 4.5%[21]. - Research and development expenses were ¥13,147,324.48, slightly down from ¥14,064,228.11, indicating a decrease of 6.5%[21]. - The company experienced a 39.02% increase in taxes and surcharges, amounting to an increase of ¥1,330,200 compared to the same period last year[9]. - Selling expenses rose by 34.52%, increasing by ¥2,218,400 year-on-year, primarily due to higher travel and salary costs for sales personnel[9]. - The company reported a tax expense of ¥6,228,488.31, down from ¥10,462,995.18, a decrease of 40.5%[21]. Strategic Developments - The company has signed a contract change agreement with related parties, indicating ongoing strategic partnerships[15]. - The company’s first quarter report was not audited[26].