天鹅股份(603029) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 122,368,988.80, representing a 15.55% increase compared to CNY 105,899,247.72 in the same period last year[4] - Net profit attributable to shareholders was CNY 7,363,068.67, up 5.47% from CNY 6,981,188.13 year-on-year[4] - The company's net profit for Q1 2025 reached CNY 7,360,923.29, an increase of 5.9% compared to CNY 6,946,244.98 in Q1 2024[18] - Operating profit for the same period was CNY 7,098,146.29, up from CNY 5,687,876.58, reflecting a growth of 24.8%[18] - Total revenue from operating activities was CNY 129,324,125.44, compared to CNY 125,988,006.00 in the previous year, indicating a year-over-year increase of 1.8%[22] Profitability Metrics - The net profit after deducting non-recurring gains and losses decreased by 30.06%, amounting to CNY 2,870,622.00, primarily due to an increase in government subsidies received during the reporting period[6] - The basic and diluted earnings per share remained stable at CNY 0.06, unchanged from the previous year[4] - The weighted average return on net assets was 0.82%, consistent with the previous year[4] - The company experienced a decrease in other comprehensive income, with a net amount of CNY -19,223.85 compared to CNY -267,097.21 in the previous year[19] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -168,794,602.51, worsening from CNY -70,843,623.62 in the previous year[4] - Cash and cash equivalents at the end of Q1 2025 were CNY 122,519,512.80, down from CNY 248,252,886.43 at the end of Q1 2024[24] - The company's cash and cash equivalents decreased to ¥173,957,167.36 as of March 31, 2025, down from ¥349,961,310.14 at the end of 2024[11] - Investment activities resulted in a net cash outflow of CNY -6,370,325.84, an improvement from CNY -9,544,494.89 in Q1 2024[23] - Financing activities generated a net cash outflow of CNY -6,076,333.29, compared to a net inflow of CNY 4,759,903.30 in the same period last year[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,084,737,138.22, a decrease of 6.95% from CNY 2,240,568,625.18 at the end of the previous year[4] - Total current assets amounted to ¥1,541,168,490.42 as of March 31, 2025, a decrease of 8.5% from ¥1,685,580,179.55 at the end of 2024[12] - Total liabilities decreased to ¥1,180,863,002.20 as of March 31, 2025, down from ¥1,343,959,580.55 at the end of 2024, representing a reduction of 12.1%[13] - The company provided guarantees totaling CNY 38,894.13 million, which is 43.38% of the latest audited net assets, a decrease of CNY 13,649.13 million compared to the same period last year[10] Cost Management - Total operating costs for Q1 2025 were ¥118,056,324.89, up from ¥101,432,057.60 in Q1 2024, reflecting a growth of 16.4%[17] - Operating costs included ¥86,311,293.22 in cost of goods sold for Q1 2025, compared to ¥72,464,891.23 in Q1 2024, indicating a rise of 19.1%[17] - The company is focusing on cost management strategies to improve profitability amid rising operational costs[17] - The company incurred financial expenses of CNY 537,278.03, a decrease from CNY -589,773.88 in the previous period[18] Retained Earnings - The company reported a slight increase in retained earnings to ¥522,572,567.69 as of March 31, 2025, compared to ¥515,209,499.02 at the end of 2024[14]