YBTI(SH:600883)2025-04-29 12:40Financial Performance - The company's operating revenue for Q1 2025 was ¥11,626,947.04, representing a 64.25% increase compared to ¥7,079,013.49 in the same period last year[2]. - The net profit attributable to shareholders decreased by 75.01% to ¥6,100,039.69 from ¥24,411,349.14 year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 54.09% to ¥8,279,016.70 from ¥18,033,692.36 in the previous year[2]. - The basic and diluted earnings per share decreased by 75.05% to ¥0.0258 from ¥0.1034 year-on-year[2]. - The company reported a net loss for Q1 2025, with total costs exceeding total revenue[23]. - The total comprehensive income for the first quarter of 2025 was CNY 2,533,606.47, significantly lower than CNY 27,149,216.09 in the first quarter of 2024[27]. - The net profit for the first quarter of 2025 was CNY 5,885,479.89, a decrease of 75.7% compared to CNY 24,161,969.14 in the same period of 2024[25]. Revenue and Costs - Total operating revenue for Q1 2025 reached CNY 11,626,947.04, a significant increase from CNY 7,079,013.49 in Q1 2024, representing a growth of approximately 64.3%[23]. - Total operating costs for Q1 2025 were CNY 17,220,130.06, compared to CNY 12,132,353.52 in Q1 2024, indicating an increase of about 41.9%[23]. - Operating costs included CNY 11,072,198.56 in operating expenses for Q1 2025, up from CNY 6,661,303.50 in Q1 2024, reflecting a rise of approximately 66.3%[23]. - The total revenue from sales of goods and services received in the first quarter of 2025 was CNY 12,979,879.47, an increase of 80.3% from CNY 7,202,354.48 in the first quarter of 2024[29]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,041,534,324.94, a slight decrease of 0.27% from ¥1,038,967,341.66 at the end of the previous year[4]. - Current assets totaled CNY 239,396,516.03 as of March 31, 2025, down from CNY 250,970,201.43 at the end of the previous period[16]. - Non-current assets amounted to CNY 802,137,808.91, an increase from CNY 793,423,625.26 in the previous period[18]. - Total liabilities decreased to CNY 55,216,225.94 from CNY 59,460,750.85[20]. - Shareholders' equity totaled CNY 986,318,099.00, up from CNY 984,933,075.84[20]. Cash Flow - The cash flow from operating activities showed a net outflow of ¥16,459,719.14, compared to a net outflow of ¥5,028,695.36 in the same period last year, indicating increased cash outflows for procurement[2][9]. - The operating cash flow for the first quarter of 2025 was negative CNY 16,459,719.14, worsening from negative CNY 5,028,695.36 in the first quarter of 2024[31]. - The investment activities generated a net cash flow of CNY 61,879,145.96 in the first quarter of 2025, compared to negative CNY 31,505,200.31 in the same period of 2024[31]. - The cash and cash equivalents at the end of the first quarter of 2025 were CNY 80,048,034.16, an increase from CNY 71,595,260.65 at the end of the first quarter of 2024[33]. Management and Investments - The company reported a significant increase in management expenses, totaling CNY 5,474,895.97 in the first quarter of 2025, compared to CNY 5,114,841.18 in the same period of 2024[25]. - The company experienced a decrease in investment income, reporting CNY 14,589,004.16 in the first quarter of 2025, down from CNY 22,908,043.78 in the first quarter of 2024[25]. - The company reported non-recurring gains of ¥591,358.21 primarily from equity method investment income from its associate, Xinjiang Zhonghe[7]. Product Development and Market Strategy - The company has not disclosed any new product developments, market expansions, or mergers and acquisitions in this report[12]. - The company has not disclosed any new product developments or market expansion strategies during this reporting period[14].