CHINA WUYI(000797)2025-04-29 11:40Revenue and Profit - Revenue for Q1 2025 was CNY 861,686,998.48, a decrease of 3.98% compared to CNY 897,446,088.41 in the same period last year[3] - Net profit attributable to shareholders was a loss of CNY 45,355,940.34, representing a decline of 192.43% from a profit of CNY 49,068,029.10 in the previous year[3] - The company reported a significant decrease in net profit, with total profit at CNY -33,124,731.59, down 122.36% from CNY 148,125,730.23 in the previous year[7] - The company reported a net loss of ¥49,816,591.19, compared to a net profit of ¥70,756,456.77 in the previous period[17] - Operating profit was negative at ¥-34,464,928.26, a significant decline from ¥153,130,783.22 in the previous period[17] Cash Flow - The net cash flow from operating activities was a negative CNY 336,254,860.56, worsening by 31.27% compared to a negative CNY 256,160,585.07 in the same period last year[3] - Operating cash inflow for the current period was $1,341,262,952.62, down 22.4% from $1,728,375,613.35 in the previous period[19] - Cash inflow from financing activities was $1,496,565,303.78, down 37.3% from $2,389,241,844.23 in the previous period[19] - Cash received from sales of goods and services decreased to $1,263,319,869.37 from $1,610,455,850.46, a decline of 21.5%[19] - Cash paid for taxes decreased significantly to $116,646,905.95 from $411,682,389.21, a decrease of 71.7%[19] Assets and Liabilities - Total assets increased by 1.72% to CNY 24,460,533,715.58 from CNY 24,047,944,517.32 at the end of the previous year[3] - Total current assets amount to 22,866,290,930.99 RMB, an increase from 22,432,561,237.80 RMB at the beginning of the period[14] - The total liabilities increased to ¥18,465,565,535.87, up from ¥17,980,213,074.44 in the previous period[15] - Current liabilities totaled ¥13,587,652,566.42, an increase from ¥13,340,874,840.22 in the previous period[15] Shareholder Information - Total number of common shareholders at the end of the reporting period is 44,086[9] - The largest shareholder, Fujian Construction Group Co., Ltd., holds 34.34% of shares, totaling 539,335,010 shares[9] - The company has no preferred shareholders or significant changes in shareholder structure[12] Research and Development - Research and development expenses rose by 61.19% to CNY 1,366,854.00, primarily due to increased development costs for the cross-border e-commerce platform[7] - The company experienced a significant increase in research and development expenses, which rose to ¥1,366,854.00 from ¥847,988.44 in the previous period[17] Financial Expenses and Income - Financial expenses increased by 146.83% to CNY 28,668,037.66, mainly due to a decrease in foreign exchange gains[7] - Investment income surged by 1,052.79% to CNY 707,384.78, attributed to gains from the disposal of trading financial assets[7] - Cash received from investment income was $233,231.09, down from $2,141,129.73, indicating a decline in investment returns[19]