GRANDJOY(000031)2025-04-29 12:25Financial Performance - The company's operating revenue for Q1 2025 was CNY 5.11 billion, an increase of 32.21% compared to CNY 3.87 billion in the same period last year[4]. - The net profit attributable to shareholders was a loss of CNY 257.65 million, representing a decrease of 174.79% from a loss of CNY 93.76 million year-on-year[4]. - The basic and diluted earnings per share were both CNY -0.06, a decline of 200% from CNY -0.02 in the previous year[5]. - The gross profit margin for the period was 34.60%, down 6.35 percentage points year-on-year[11]. - Net profit for Q1 2025 was ¥64,506,284.38, a decrease of 64.7% compared to ¥182,702,769.20 in Q1 2024[26]. - The company reported an investment loss of ¥125,961,229.85, compared to a loss of ¥147,062.99 in the previous period[26]. Cash Flow - The net cash flow from operating activities was CNY 643.36 million, a significant increase of 144.91% compared to a negative cash flow of CNY 1.43 billion in the previous year[4]. - The cash flow from operating activities was not detailed in the provided data, indicating a need for further analysis[31]. - The net cash flow from investment activities was -154,721,665.80, an improvement from -1,301,123,596.31 in the previous period[33]. - The net cash flow from financing activities was -624,398,582.12, compared to a positive 1,362,057,305.39 in the prior period[34]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 177.50 billion, a decrease of 0.60% from CNY 178.57 billion at the end of the previous year[5]. - Total current assets decreased from ¥125.17 billion to ¥124.60 billion, a decline of approximately 0.46%[16]. - Total liabilities decreased from ¥137.02 billion to ¥135.85 billion, a decline of about 0.85%[18]. - Non-current liabilities increased from ¥55.61 billion to ¥59.25 billion, an increase of approximately 6.00%[18]. - The total equity decreased to ¥18,113,065,992.64 from ¥18,329,934,628.51, a decline of 1.2%[23]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 99,143[13]. - The equity attributable to shareholders decreased by 2.28% to CNY 10.35 billion from CNY 10.60 billion at the end of the previous year[5]. Government Support and Investments - The company received government subsidies amounting to CNY 6.70 million, which are closely related to its normal business operations[7]. - The company reported a decrease in investment income from joint ventures, impacting net profit negatively due to changes in project settlement cycles[11]. Future Plans - The company plans to focus on market expansion and new product development in the upcoming quarters[24].