迎丰股份(605055) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 301,296,952.74, a decrease of 5.45% compared to CNY 318,675,386.60 in the same period last year[4]. - The net profit attributable to shareholders was CNY -9,861,934.39, reflecting a significant decline from CNY -4,624,717.29 year-over-year, representing a change of -113.24%[4][8]. - The net cash flow from operating activities was CNY -42,044,305.80, slightly worse than CNY -40,855,279.15 in the previous year[4]. - The basic and diluted earnings per share were both CNY -0.02, down from CNY -0.01 in the same period last year, indicating a 100% decline[4][8]. - Net loss for Q1 2025 was CNY 10,654,325.02, compared to a net loss of CNY 5,564,813.89 in Q1 2024, representing an increase in loss of 91.5%[22]. - The gross profit margin for Q1 2025 was approximately -6.3%, compared to -2.7% in Q1 2024[20]. - The company reported a total operating profit (loss) of -12,003,029.03 RMB for the current period, compared to -5,894,008.82 RMB in the previous period, reflecting a worsening performance[32]. - The total profit (loss) for the period was -12,748,988.07 RMB, compared to -5,999,315.45 RMB in the previous period, indicating a decline of approximately 112%[32]. Assets and Liabilities - Total assets increased by 2.70% to CNY 2,854,636,357.64 from CNY 2,779,453,668.60 at the end of the previous year[5]. - The company's total assets amounted to RMB 2,854,636,357.64, an increase from RMB 2,779,453,668.60 at the end of the previous period[18]. - The company's total liabilities reached RMB 1,699,833,998.20, up from RMB 1,613,996,984.14, indicating an increase of about 5.3%[16]. - The total liabilities increased to CNY 1,699,947,748.79 from CNY 1,612,047,964.51, indicating a rise of 5.4%[28]. - Current liabilities totaled RMB 1,327,131,322.08, a decrease from RMB 1,367,775,646.61, showing a reduction of about 3%[16]. - Long-term borrowings increased significantly to RMB 300,844,602.52 from RMB 170,555,735.11, reflecting a growth of approximately 76.3%[16]. - The company's short-term borrowings increased to CNY 739,044,017.77 from CNY 663,119,986.17, reflecting a rise of 11.4%[28]. Cash Flow - Cash inflow from operating activities in Q1 2025 was CNY 317,059,735.15, slightly down from CNY 324,446,752.03 in Q1 2024[24]. - Cash outflow for purchasing goods and services in Q1 2025 was CNY 177,289,576.69, a decrease from CNY 190,404,503.70 in Q1 2024[24]. - The net cash flow from investing activities was -CNY 266,298,574.62, significantly worse than -CNY 60,606,475.39 in the previous period[25]. - The company reported a net cash flow from financing activities of CNY 200,356,256.81, an increase from CNY 162,514,976.29 in the previous period[25]. - Cash flow from investing activities resulted in a net outflow of -266,298,574.62 RMB in Q1 2025, compared to -60,571,425.39 RMB in Q1 2024, indicating increased investment expenditures[35]. - Cash flow from financing activities generated a net inflow of 160,356,256.81 RMB in Q1 2025, up from 93,964,909.62 RMB in Q1 2024, showing a growth of approximately 71%[35]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,072[9]. - Zhejiang Zheyu Holding Group Co., Ltd. held 46.31% of the shares, amounting to 203,773,684 shares, with 71,000,000 shares pledged[10]. Expenses - The company reported a significant increase in costs associated with the launch of new business divisions, contributing to the decline in net profit[8]. - The company reported a significant increase in management expenses, which rose to CNY 25,129,079.48 in Q1 2025 from CNY 15,897,525.53 in Q1 2024, marking a 58.5% increase[20]. - The company's R&D expenses for Q1 2025 were CNY 13,023,266.53, slightly lower than CNY 13,247,971.62 in Q1 2024[31]. Other Financial Metrics - Non-recurring gains and losses included a loss of CNY 79,127.04 after tax, primarily due to other operating income and expenses[8]. - The company has not engaged in any share lending or borrowing activities during the reporting period[12]. - The company has not applied new accounting standards for the current reporting period[36].