FUDA ALLOY(SH:603045)2025-04-29 10:08Financial Performance - The company's operating revenue for Q1 2025 was CNY 1,008,077,996.08, representing a 54.18% increase compared to CNY 653,828,268.85 in the same period last year[4] - The net profit attributable to shareholders was a loss of CNY 5,121,942.74, a decrease of 174.34% from a profit of CNY 6,889,541.28 in the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 9,400,685.78, down 332.66% from CNY 4,040,479.66 in the same period last year[4] - The basic and diluted earnings per share were both CNY -0.0378, a decrease of 174.26% from CNY 0.0509 in the same period last year[4] - The total comprehensive income attributable to the parent company for the period was -¥5.99 billion, a decrease from ¥6.79 billion in the previous period, indicating a significant decline in overall profitability[19] - Basic and diluted earnings per share for Q1 2025 were both -¥0.0378, down from ¥0.0509 in Q1 2024, reflecting a negative shift in earnings performance[19] Cash Flow and Liquidity - The net cash flow from operating activities was a negative CNY 167,965,498.44, a decline of 541.39% compared to a negative CNY 26,187,858.43 in the previous year[4] - The net cash flow from operating activities for Q1 2025 was -¥167.97 million, compared to -¥26.19 million in Q1 2024, indicating a decline in operational cash generation[22] - The company generated cash inflows from financing activities of ¥550.04 million in Q1 2025, up from ¥158.26 million in Q1 2024, marking an increase of 248.5%[23] - The net cash flow from financing activities improved to ¥224.35 million in Q1 2025, compared to ¥35.45 million in Q1 2024, reflecting a positive trend in financing operations[23] - The cash and cash equivalents at the end of Q1 2025 stood at ¥114.34 million, compared to ¥158.70 million at the end of Q1 2024, showing a decrease in liquidity[23] Assets and Liabilities - Total assets at the end of Q1 2025 were CNY 2,724,413,331.34, an increase of 8.85% from CNY 2,502,975,140.83 at the end of the previous year[5] - The company's total assets as of the end of the reporting period were ¥2,724,413,331.34, compared to ¥2,502,975,140.83 at the same time last year, marking an increase of 8.8%[13] - Total liabilities increased to ¥1,759,500,084.59, up from ¥1,532,069,977.75, reflecting a year-over-year increase of 14.8%[13] - The total equity attributable to shareholders was CNY 964,916,599.54, a slight decrease of 0.62% from CNY 970,905,163.08 at the end of the previous year[5] - The total equity attributable to shareholders was ¥964,916,599.54, slightly down from ¥970,905,163.08, a decrease of 0.9%[14] Operational Costs and Expenses - Total operating costs for Q1 2025 were ¥1,019,913,885.14, up from ¥653,458,003.78 in Q1 2024, reflecting a year-over-year increase of 55.9%[17] - Research and development expenses increased to ¥32,199,982.51 in Q1 2025, up from ¥23,606,224.60 in Q1 2024, representing a growth of 36.5%[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 15,532[8] Non-Recurring Gains and Losses - The company reported non-recurring gains of CNY 4,278,743.04, primarily from government subsidies and other income[6] - The total comprehensive income for the period included a significant loss from fair value changes in financial assets, amounting to -¥866.62 million, compared to -¥99.82 million in the previous period[19]