Canatal(SH:603912)2025-04-29 10:30Financial Performance - The company's operating revenue for Q1 2025 was CNY 135.81 million, an increase of 18.90% compared to CNY 114.23 million in the same period last year[4]. - The net profit attributable to shareholders was a loss of CNY 12.83 million, a decrease of 649.49% from a profit of CNY 2.34 million in the previous year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 16.95 million, down 3,015.79% from a profit of CNY 0.58 million in the same period last year[4]. - The basic earnings per share were CNY -0.0237, a decrease of 651.16% from CNY 0.0043 in the previous year[6]. - The weighted average return on equity was -0.68%, a decrease of 0.80 percentage points compared to 0.12% in the previous year[6]. - The net profit for Q1 2025 was a loss of ¥12,271,438.07, compared to a loss of ¥7,642,427.72 in Q1 2024, indicating a worsening performance[30]. Cash Flow - The net cash flow from operating activities was a negative CNY 125.18 million, worsening by 167.75% compared to a negative CNY 46.75 million in the previous year[6]. - Operating cash flow for Q1 2025 showed a net outflow of CNY 125.18 million, worsening from a net outflow of CNY 46.75 million in Q1 2024[25]. - The company's cash flow from operating activities showed a significant outflow, contributing to the net loss reported for the quarter[30]. - The total cash outflow from operating activities was CNY 357,115,871.54, an increase of 4.6% compared to CNY 341,363,182.73 in Q1 2024[31]. - The net cash flow from operating activities was -CNY 145,353,089.76, slightly improved from -CNY 153,351,142.66 in the previous year[31]. Assets and Liabilities - The total assets as of March 31, 2025, were CNY 3,446.60 million, an increase of 5.65% from CNY 3,262.32 million at the end of the previous year[6]. - Current assets as of March 31, 2025, amount to ¥2,584,600,166.21, an increase from ¥2,421,628,251.15 as of December 31, 2024, representing a growth of approximately 6.73%[18][19]. - Total liabilities as of March 31, 2025, are ¥1,573,656,225.62, up from ¥1,376,584,881.89, indicating an increase of approximately 14.32%[20]. - The company's total liabilities rose to ¥1,575,858,515.29 from ¥1,340,926,934.39, indicating an increase in financial obligations[28]. - The company's total equity decreased to ¥1,819,200,627.33 from ¥1,831,432,416.79, indicating a decline in shareholder value[28]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 50,682[15]. - The largest shareholder, Nanjing Kaide Investment Co., Ltd., holds 156,636,773 shares, accounting for 28.91% of total shares[15]. Costs and Expenses - Total operating costs for Q1 2025 were CNY 155.90 million, up 36% from CNY 114.94 million in Q1 2024[21]. - The company reported a significant increase in financial expenses by 252.89%, mainly due to changes in financial management structures[13]. - The company incurred financial expenses of CNY 3.95 million in Q1 2025, compared to a financial income of CNY 2.58 million in Q1 2024[21]. - Research and development expenses for Q1 2025 were CNY 13.55 million, slightly up from CNY 12.37 million in Q1 2024[21]. - Research and development expenses for Q1 2025 were ¥11,334,591.47, up from ¥10,243,219.08 in Q1 2024, highlighting a focus on innovation[29]. Order Backlog - The company had a backlog of orders amounting to CNY 987.19 million as of March 31, 2025[8].