湘潭电化(002125) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was CNY 417,808,438.86, representing a 16.15% increase compared to CNY 359,704,613.62 in the same period last year[5] - Net profit attributable to shareholders decreased by 2.54% to CNY 47,328,658.27 from CNY 48,562,556.94 year-on-year[5] - Total operating revenue for the current period reached ¥417,808,438.86, an increase of 16.14% compared to ¥359,704,613.62 in the previous period[19] - Net profit for the current period was ¥47,346,516.92, slightly down by 1.29% from ¥47,966,924.51 in the previous period[19] - Earnings per share remained stable at ¥0.08 for both the current and previous periods[21] Cash Flow - The net cash flow from operating activities was CNY 2,060,435.60, down 11.85% from CNY 2,337,316.11 in the previous year[5] - Operating cash inflow for the current period was CNY 340,828,320.86, an increase of 11.93% from CNY 304,510,965.84 in the previous period[22] - Cash inflow from financing activities decreased significantly to CNY 84,700,000.00 from CNY 400,000,000.00, a drop of 78.75%[23] - Net cash flow from financing activities improved significantly, reaching CNY 3,418,253.52, compared to a negative CNY 117,317,054.03 in the same period last year, marking a 102.91% increase[9] - The ending cash and cash equivalents balance was CNY 366,873,898.27, compared to CNY 307,905,263.87 in the previous period, an increase of 19.14%[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,902,928,507.78, a slight decrease of 0.43% from CNY 4,924,010,880.57 at the end of the previous year[5] - Total liabilities decreased to ¥1,814,218,245.03 from ¥1,885,029,192.52, a reduction of 3.74%[18] - The equity attributable to shareholders increased by 1.66% to CNY 3,044,605,769.81 from CNY 2,994,895,053.76 at the end of the previous year[5] - Owner's equity increased to ¥3,088,710,262.75 from ¥3,038,981,688.05, marking a growth of 1.64%[18] Investments and Joint Ventures - The company plans to issue convertible bonds to raise up to RMB 487 million for a project to produce 30,000 tons of lithium manganese oxide battery materials and to supplement working capital[13] - The company has invested RMB 600,000 in a joint venture, holding a 30% stake in Hunan Kunlun Benzheng Materials Co., Ltd., which focuses on the application of manganese in marine anti-fouling coatings[14] - Long-term equity investments were valued at RMB 744,754,579.39, slightly up from RMB 736,913,186.91[16] Operational Metrics - The company reported a significant increase of 86.45% in notes receivable, rising to CNY 18,466,251.86 from CNY 9,904,243.92[9] - Contract liabilities surged by 152.99% to CNY 16,995,734.67, compared to CNY 6,717,815.59 at the beginning of the period[9] - The company experienced a 49.86% increase in taxes and surcharges, amounting to CNY 4,925,531.92, compared to CNY 3,286,817.27 in the previous year[9] - The company reported a 316.14% increase in other operating income, totaling CNY 669,389.53, compared to CNY 160,856.48 in the previous year[9] - Research and development expenses rose to ¥21,361,655.45, up 28.06% from ¥16,700,518.83 in the previous period[19] Current Assets - As of March 31, 2025, the company's total current assets amounted to RMB 1,461,543,573.30, a decrease from RMB 1,498,349,479.94 at the beginning of the period[16] - The company's cash and cash equivalents decreased to RMB 367,498,434.55 from RMB 487,719,347.22[16] - Accounts receivable stood at RMB 396,020,479.82, down from RMB 410,305,502.09[16] - Inventory increased to RMB 428,182,992.56 from RMB 376,471,837.59, indicating a rise in stock levels[16] Shareholding Structure - The company has no pledged shares among its major shareholders, indicating a stable ownership structure[12] - The largest shareholder, Xiangtan Electric Chemical Group Co., Ltd., holds 29.54% of the shares, totaling 185,928,027 shares[12] - The company has not reported any changes in the shareholding structure due to securities lending activities[12] Audit Status - The company did not conduct an audit for the first quarter report[24]