龙洲股份(002682) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥623,795,067.26, representing a 3.40% increase compared to ¥603,257,898.13 in the same period last year[4] - The net profit attributable to shareholders was -¥35,326,924.25, a significant decline of 949.62% from ¥4,157,947.23 in the previous year[4] - The net profit for the current period was a loss of ¥44,445,635.46, compared to a loss of ¥479,775.39 in the previous period, indicating a significant decline in profitability[18] - The company reported a comprehensive loss of ¥41,363,035.46, compared to a loss of ¥3,018,685.39 in the previous period, highlighting worsening financial performance[18] - The weighted average return on equity was -2.81%, down by 2.92% from 0.11% in the previous year[4] - Basic and diluted earnings per share for the current period were both -0.06, compared to 0.01 in the previous period, indicating a significant decline in earnings per share[18] Cash Flow - The net cash flow from operating activities was -¥12,060,726.67, a decrease of 206.80% compared to ¥11,292,691.21 in the same period last year[4] - Cash flow from operating activities increased significantly to ¥1,313,925,885.70 from ¥929,869,171.89, marking a growth of approximately 41.3%[19] - The company reported a total cash outflow from operating activities of $1.45 billion, an increase from $1.31 billion in the previous period[20] - Net cash flow from operating activities was -$12.06 million, a decrease from $11.29 million in the previous period[20] - Total cash inflow from investing activities was $14.76 million, compared to $632.41 thousand last year[20] - Cash outflow from investing activities was $14.31 million, down from $22.72 million in the previous period[20] - Net cash flow from financing activities was $1.66 million, a significant improvement from -$41.80 million last year[20] - Cash and cash equivalents at the end of the period totaled $318.87 million, compared to $291.95 million in the previous year[20] Assets and Liabilities - The company's total assets decreased by 4.05% to ¥5,984,717,756.85 from ¥6,237,333,496.87 at the end of the previous year[4] - Total liabilities amounted to ¥4,905,869,164.73, down from ¥5,091,189,702.88, reflecting a decrease of approximately 3.6%[15] - Non-current assets totaled ¥3,268,076,051.75, a decrease from ¥3,357,606,225.68, indicating a reduction of about 2.6%[15] - The company's total current assets as of March 31, 2025, were CNY 2,716,641,705.10, down from CNY 2,879,727,271.19 at the beginning of the period, indicating a decrease of approximately 5.67%[14] - Cash and cash equivalents decreased to CNY 511,469,548.99 from CNY 549,448,760.87, reflecting a decline of about 6.67%[14] - The equity attributable to the parent company decreased to ¥1,129,908,192.50 from ¥1,162,455,815.97, a reduction of approximately 2.8%[16] Inventory and Receivables - The company's inventory increased by 133.25% to ¥350,853,200.00, driven by higher asphalt stock levels[7] - Accounts receivable decreased significantly from CNY 983,281,386.36 to CNY 605,380,795.14, a reduction of approximately 38.39%[14] - Inventory increased to CNY 350,853,225.01 from CNY 150,420,083.83, representing a growth of about 133.33%[14] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 73,849[12] - The company has a total of 10 major shareholders, with the largest holding 8.89% of shares, equivalent to 50,000,000 shares[13] - The second-largest shareholder also holds 8.89% of shares, amounting to 50,000,000 shares[13] - The third-largest shareholder holds 7.93% of shares, totaling 44,582,815 shares[13] - There are no significant changes reported in the financing and securities lending activities of the top shareholders[13] Contract Liabilities and Costs - The company reported a significant increase in contract liabilities by 101.00% to ¥130,418,100.00, reflecting higher pre-received sales from the subsidiary[7] - Total operating costs increased to ¥707,618,521.84 from ¥674,945,909.31, reflecting a rise of about 4.8%[17] - The gross margin for the asphalt supply chain business was -2.22%, a decline of 3.42% year-on-year, primarily due to falling asphalt prices and high inventory costs at the beginning of the year[8]