海汽集团(603069) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥184,829,678.48, a decrease of 24.40% compared to ¥244,496,750.76 in the same period last year[4] - The net profit attributable to shareholders was -¥19,517,623.35, representing a decline of 115.25% from -¥9,067,538.56 year-on-year[4] - Basic and diluted earnings per share were both -¥0.06, a decrease of 100.00% compared to -¥0.03 in the same period last year[5] - The company reported a net loss for Q1 2025, with total operating costs exceeding total operating revenue[20] - The net profit for Q1 2025 was -19,526,832.14 RMB, compared to -9,158,985.02 RMB in Q1 2024, indicating a significant increase in losses[21] - Operating profit for the period was -18,792,791.98 RMB, worsening from -7,984,485.05 RMB year-over-year[21] - Total revenue from operating activities decreased to 195,190,039.47 RMB in Q1 2025 from 247,267,867.44 RMB in Q1 2024, reflecting a decline of approximately 21%[24] - The company reported a total comprehensive loss of -19,526,832.14 RMB for the period, compared to -9,158,985.02 RMB in the same quarter last year[22] Cash Flow and Liquidity - The net cash flow from operating activities increased significantly to ¥74,443,581.81, up 1,098.90% from ¥6,209,318.23 in the previous year[4] - Cash and cash equivalents increased to RMB 246,803,119.97 as of March 31, 2025, compared to RMB 236,762,470.00 at the end of 2024, reflecting a growth of approximately 4.4%[15] - The company’s cash and cash equivalents at the end of Q1 2025 were 209,040,214.34 RMB, down from 237,957,820.25 RMB at the end of Q1 2024[26] - Total financing cash inflow for the period was 120,687,400.22 RMB, significantly higher than 36,630,648.19 RMB in the previous year[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,709,323,339.30, a slight increase of 0.35% from ¥2,699,868,160.30 at the end of the previous year[5] - Total liabilities increased to ¥1,915,545,482.07 from ¥1,884,279,798.31, representing an increase of about 1.7%[17] - The company's equity attributable to shareholders decreased by 2.49% to ¥790,705,843.01 from ¥810,906,606.50 at the end of the previous year[5] - Long-term borrowings rose to ¥558,480,073.57 from ¥442,901,338.11, indicating an increase of about 26.0%[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 25,454[10] - The largest shareholder, Hainan Haikou Investment Holding Co., Ltd., holds 42.5% of the shares, totaling 134,300,000 shares[11] Operating Costs and Expenses - Total operating costs for Q1 2025 amounted to RMB 210,470,783.92, down from RMB 254,246,795.31 in Q1 2024, indicating a reduction of about 17.2%[20] - Research and development expenses increased to 622,361.73 RMB in Q1 2025 from 289,657.81 RMB in Q1 2024, representing a growth of approximately 115%[21] - The company incurred interest expenses of 5,366,861.30 RMB, slightly up from 5,310,680.17 RMB in the prior year[21] Other Income and Credit Quality - The company reported a significant increase in other income by 104.23%, primarily due to an increase in government subsidies[9] - The company experienced a 92.60% reduction in expected credit losses, indicating improved credit quality[9]