春兴精工(002547) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥456,472,025.37, a decrease of 2.99% compared to ¥470,539,191.09 in the same period last year[5] - The net loss attributable to shareholders was ¥46,425,425.30, showing a slight improvement of 0.53% from a loss of ¥46,671,017.96 in the previous year[5] - The basic and diluted earnings per share were both -¥0.0412, showing a slight improvement of 0.48% from -¥0.0414 in the same period last year[5] - Net profit for the current period is a loss of ¥51,243,856.61, compared to a loss of ¥50,328,950.85 in the previous period, indicating a worsening performance[20] - Other comprehensive income after tax for the current period is a loss of ¥403,868.15, compared to a loss of ¥171,086.54 in the previous period[20] - The total comprehensive income for the current period is a loss of ¥51,647,724.76, compared to a loss of ¥50,500,037.39 in the previous period[20] Cash Flow - The net cash flow from operating activities increased by 19.89% to ¥73,253,595.67, compared to ¥61,099,336.53 in the same period last year[5] - Cash flow from operating activities generated a net cash inflow of ¥73,253,595.67, an increase from ¥61,099,336.53 in the previous period[21] - Cash flow from investing activities resulted in a net outflow of ¥16,563,500.14, an improvement from a net outflow of ¥32,698,753.74 in the previous period[22] - Cash flow from financing activities showed a net outflow of ¥46,206,523.94, worsening from a net outflow of ¥27,403,970.55 in the previous period[22] - The ending cash and cash equivalents balance is ¥50,928,091.84, down from ¥84,220,474.92 in the previous period[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,735,332,136.85, down 3.37% from ¥4,900,336,833.07 at the end of the previous year[5] - Current assets decreased from CNY 2,104,741,080.47 to CNY 1,965,418,691.74, reflecting a decline of approximately 6.6%[16] - The company's cash and cash equivalents decreased from CNY 381,121,364.88 to CNY 366,333,209.61, a reduction of about 3.5%[16] - Total liabilities decreased from CNY 4,827,743,075.56 to CNY 4,714,099,379.82, indicating a decline of approximately 2.4%[17] - The company's short-term borrowings decreased from CNY 1,763,352,900.05 to CNY 1,715,363,376.01, a reduction of about 2.7%[17] Shareholder Equity - The equity attributable to shareholders decreased significantly by 95.70% to ¥2,092,337.52 from ¥48,634,906.69 at the end of the previous year[5] - The total equity attributable to shareholders decreased from CNY 48,634,906.69 to CNY 2,092,337.52, a significant decline of approximately 95.7%[18] - The number of ordinary shareholders at the end of the reporting period was 159,663, with the largest shareholder holding 26.91% of the shares[11] Impairments and Gains - The company reported a significant increase in credit impairment losses by 2557.86% to ¥18,694,033.19, primarily due to the reversal of bad debt provisions[9] - The company recorded a gain from asset disposal of ¥1,272,040.41, an increase of 319.73% compared to ¥303,058.95 in the previous year[9] Inventory and Receivables - The company reported a significant increase in inventory from CNY 448,855,560.23 to CNY 462,772,723.84, an increase of about 3%[16] - The accounts receivable decreased from CNY 660,313,627.23 to CNY 532,145,259.05, a decline of approximately 19.4%[16] Legal Proceedings and Future Outlook - The company has initiated legal proceedings regarding a 100% equity transfer payment dispute, which may impact future financial performance[14] - The company has not disclosed any new product developments or market expansion strategies during the reporting period[14]