KENNEDE(002723)2025-04-29 11:05Financial Performance - The company's revenue for Q1 2025 was ¥330,955,782.73, a decrease of 10.91% compared to ¥371,499,566.76 in the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥8,908,726.80, representing a decline of 552.48% from a profit of ¥1,968,847.43 in the previous year[5]. - The net cash flow from operating activities was negative at ¥7,810,608.06, down 119.38% from ¥40,310,632.91 in the same period last year[5]. - Basic and diluted earnings per share were both -¥0.028, a decrease of 551.61% from ¥0.0062 in the previous year[5]. - Total operating revenue decreased to ¥330,955,782.73 from ¥371,499,566.76, representing a decline of approximately 10.9% year-over-year[16]. - Net profit for the period was a loss of ¥7,822,983.21 compared to a profit of ¥4,117,262.03 in the previous period, indicating a significant decline[17]. - Total comprehensive income for the period was a loss of ¥8,173,377.63 compared to a gain of ¥4,391,402.00 in the previous period[17]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,601,044,645.53, a decrease of 4.22% from ¥2,715,640,470.36 at the end of the previous year[5]. - Total current assets decreased from 1,575,803,411.76 to 1,466,592,829.54, a reduction of approximately 6.9%[13]. - Cash and cash equivalents decreased from 161,023,806.99 to 92,641,655.48, a decline of about 42.5%[13]. - Total liabilities decreased from 1,664,097,521.12 to 1,557,732,070.87, a reduction of approximately 6.4%[14]. - The company reported a negative retained earnings of -55,893,944.51, compared to -46,985,217.71 in the previous period[15]. - The total equity attributable to the parent company decreased from 1,007,366,671.07 to 998,050,552.90, a decline of approximately 0.3%[15]. Expenses - Sales expenses decreased by 42.77% to ¥8,738,000.00, primarily due to reduced marketing expenses for new product categories[9]. - Research and development expenses decreased by 22.67% to ¥7,835,000.00, mainly due to a reduction in R&D spending related to construction business[9]. - The company reported a significant increase in financial expenses by 56.94% to ¥7,250,000.00, attributed to unrealized financing gains from the previous period[9]. - The company experienced a significant increase in financial expenses, with interest expenses rising to ¥12,612,382.48 from ¥11,395,557.50[16]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 14,854[11]. - The largest shareholder, Shenzhen Huaxin Chuangli Technology Development Co., Ltd., holds 9.67% of shares, with 30,737,862 shares pledged[11]. - The company has no preferred shareholders or significant changes in the top 10 shareholders participating in margin trading[12]. Cash Flow - Operating cash flow net amount was negative at ¥7,810,608.06, down from a positive cash flow of ¥40,310,632.91 in the previous period[19]. - Cash and cash equivalents at the end of the period decreased to ¥45,666,912.76 from ¥91,644,689.19, a drop of approximately 50.1%[20]. Tax and Other Income - Other income increased by 255.11% to ¥284,000.00, primarily due to VAT refund subsidies received during the period[9]. - The company reported an increase in tax expenses, with income tax expense recorded at -¥126,717.37 compared to ¥457,655.03 in the previous period[17]. R&D and Market Strategy - The company maintains a strong focus on R&D and market expansion strategies, although specific new products or technologies were not detailed in the provided content[11].