Financial Performance - The company's revenue for Q1 2025 was ¥443,060,876.63, representing a 5.50% increase compared to ¥419,947,071.70 in the same period last year[5] - Net profit attributable to shareholders decreased by 68.09% to ¥20,645,831.83 from ¥64,704,123.78 year-on-year[5] - Basic and diluted earnings per share dropped by 67.35% to ¥0.16 from ¥0.49 in the same period last year[5] - The company's net profit margin was impacted by increased operating costs, with operating costs representing approximately 90.1% of total revenue[17] - The net profit for the current period is CNY 20,554,596.20, a decrease of 68.2% compared to CNY 64,624,156.39 in the previous period[19] - Operating profit for the current period is CNY 29,182,392.33, down 28.1% from CNY 40,610,952.35 in the previous period[19] - The total comprehensive income attributable to the parent company is CNY 20,645,831.83, a decrease of 68.3% from CNY 64,704,123.78 in the previous period[19] Cash Flow - The net cash flow from operating activities was negative at ¥-38,472,293.47, worsening by 28.14% compared to ¥-30,023,551.71 in the previous year[5] - Cash flow from operating activities shows a net outflow of CNY 38,472,293.47, worsening from a net outflow of CNY 30,023,551.71 in the previous period[20] - Total cash flow from investing activities results in a net outflow of CNY 49,278,526.32, an improvement from a net outflow of CNY 60,329,362.08 in the previous period[20] - Cash flow from financing activities shows a net inflow of CNY 1,574,720.18, compared to a net outflow of CNY 19,861,022.04 in the previous period[21] Assets and Liabilities - Total assets decreased by 3.85% to ¥1,923,982,342.52 from ¥2,001,012,248.66 at the end of the previous year[5] - Total assets decreased from ¥2,001,012,248.66 at the beginning of the period to ¥1,923,982,342.52 at the end of the period, reflecting a reduction of approximately 3.9%[16] - The company’s total liabilities decreased from ¥708,628,324.30 to ¥611,043,821.96, a reduction of about 13.7%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 13,069[10] - The largest shareholder, Guo Qiuhong, holds 22.68% of the shares, totaling 29,831,200 shares[10] - The company repurchased a total of 2,927,940 shares, accounting for 2.2262% of the total share capital, with a total transaction amount of ¥41,920,670.60[12] Operating Costs and Inventory - Total operating costs rose to ¥400,990,067.63, up 8.1% from ¥370,891,349.36 in the previous period[17] - Cash and cash equivalents decreased from ¥293,821,942.98 to ¥204,845,843.37, a decline of about 30.2%[14] - Accounts receivable decreased from ¥104,307,338.60 to ¥84,433,238.44, a reduction of approximately 19.1%[14] - Inventory decreased from ¥533,434,127.38 to ¥510,211,856.89, reflecting a decline of about 4.3%[14] Government Subsidies - The company received government subsidies amounting to ¥2,021,707.08, an increase of 167.02% compared to ¥757,142.63 in the previous year[8] Audit Status - The company has not undergone an audit for the first quarter report[22]
洪兴股份(001209) - 2025 Q1 - 季度财报