永安林业(000663) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥54,653,058.66, a decrease of 3.61% compared to ¥56,696,993.11 in the same period last year[5] - The net loss attributable to shareholders was ¥18,919,987.78, representing a 111.47% increase in losses from ¥8,947,059.87 year-on-year[5] - The net cash flow from operating activities was negative at ¥16,502,827.88, a decline of 55.43% compared to the previous year's negative cash flow of ¥10,617,255.37[5] - Basic and diluted earnings per share were both reported at -0.06, compared to -0.03 in the previous period[24] - Operating profit showed a significant loss of ¥20,773,773.89 compared to a loss of ¥8,606,568.62 in the previous period, reflecting a worsening performance[23] - Net profit attributable to the parent company was a loss of ¥18,919,987.78, worsening from a loss of ¥8,947,059.87 year-over-year[23] - Other comprehensive income after tax showed a loss of ¥2,582,857.60, compared to a loss of ¥807,143.00 in the prior period[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,521,515,028.77, down 3.63% from ¥1,578,823,089.47 at the end of the previous year[5] - Total liabilities decreased to ¥494,928,968.83 from ¥530,464,144.57, a decline of about 6.7%[20] - Current liabilities totaled ¥421,275,761.03, down from ¥436,483,107.67, indicating a decrease of approximately 3.5%[20] - Non-current liabilities decreased to ¥73,653,207.80 from ¥93,981,036.90, a reduction of about 21.6%[20] Cash Flow - The company's cash and cash equivalents decreased from 278,378,066.24 CNY to 235,022,689.20 CNY, a decline of approximately 15.6%[18] - Operating cash flow for the current period is -16,502,827.88 CNY, compared to -10,617,255.37 CNY in the previous period, indicating a decline of approximately 55.5%[25] - Cash flow from financing activities shows a net outflow of -25,856,895.65 CNY, significantly higher than -2,367,950.04 CNY in the previous period, reflecting increased debt repayment[26] - The net decrease in cash and cash equivalents for the period is -43,355,562.37 CNY, compared to -14,742,180.53 CNY in the previous period, indicating a worsening liquidity position[26] - The ending balance of cash and cash equivalents is 233,432,065.21 CNY, down from 259,596,865.72 CNY in the previous period, representing a decrease of approximately 10.1%[26] Shareholder Information - The total number of common shareholders at the end of the reporting period is 18,546[12] - The largest shareholder, Zhonglin (Yongan) Holding Co., Ltd., holds 19.27% of shares, totaling 64,884,600 shares[12] - The top ten shareholders hold a significant portion of the company's shares, with the top three accounting for 29.69% of total shares[12] - The company has a total of 0 preferred shareholders at the end of the reporting period[14] - The company has not reported any changes in the participation of major shareholders in margin trading or securities lending[13] Operational Highlights - Accounts receivable increased by 68.17% to ¥6,936,119.33 from ¥4,124,508.33, indicating higher sales of fiberboard and seedlings[9] - The company reported a 79.93% increase in selling expenses, totaling ¥2,143,212.45, primarily due to the expansion of the wardrobe and cabinet segment[9] - Other income rose by 125.62% to ¥1,660,399.96, attributed to increased government subsidies related to pine thinning[9] - The company received government subsidies amounting to ¥1,129,019.94, which are closely related to its normal business operations[6] - Total operating costs increased slightly to ¥67,614,889.53 from ¥67,400,276.61, indicating a marginal rise of about 0.3%[22] Future Outlook - The company plans to release its 2024 annual performance forecast on January 25, 2025[14] - The company is undergoing organizational adjustments as announced on January 25, 2025[14] - The company has not yet implemented the new accounting standards as of the reporting date[27]