科华控股(603161) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥525,603,812.08, a decrease of 15.17% compared to ¥619,603,873.18 in the same period last year[5] - Net profit attributable to shareholders was ¥25,607,707.07, down 40.82% from ¥43,267,321.89 year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥11,667,237.20, a decline of 68.53% compared to ¥37,071,814.35 in the previous year[5] - Basic earnings per share decreased by 56.25% to ¥0.14 from ¥0.32 in the same period last year[5] - Diluted earnings per share fell by 59.38% to ¥0.13 from ¥0.32 year-on-year[5] - The weighted average return on equity decreased by 1.31 percentage points to 1.75% from 3.06% in the previous year[5] - Total revenue for Q1 2025 was CNY 525,603,812.08, a decrease of 15.1% compared to CNY 619,603,873.18 in Q1 2024[17] - Net profit for Q1 2025 was CNY 24,765,631.74, a decline of 42.3% from CNY 43,003,081.07 in Q1 2024[18] - Operating profit for Q1 2025 was CNY 28,636,711.78, down 41.2% from CNY 48,738,059.45 in Q1 2024[18] - Total comprehensive income for the first quarter of 2025 was CNY 24,768,891.85, a decrease from CNY 42,998,295.86 in the same period of 2024[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,981,247,162.80, a decrease of 4.46% from ¥3,120,257,478.72 at the end of the previous year[6] - Shareholders' equity attributable to shareholders increased by 2.01% to ¥1,481,753,181.44 from ¥1,452,558,702.23 at the end of the previous year[6] - Total assets decreased to CNY 2,981,247,162.80 as of March 31, 2025, from CNY 3,120,257,478.72 as of December 31, 2024[15] - Total liabilities decreased to ¥1,368,774,914.31 in Q1 2025 from ¥1,543,260,196.69 in Q1 2024, a reduction of 11.3%[26] Cash Flow - The company reported a net cash flow from operating activities of ¥118,690,605.36, an increase of 3.89% compared to ¥114,244,062.81 in the same period last year[5] - Cash inflow from operating activities for Q1 2025 was CNY 421,266,977.17, compared to CNY 547,718,993.09 in Q1 2024, reflecting a decrease of approximately 23%[21] - Cash inflow from operating activities decreased by 24.8% from ¥528,615,665.87 in Q1 2024 to ¥397,882,383.67 in Q1 2025[29] - Cash flow from operating activities for Q1 2025 was ¥115,879,710.43, slightly down from ¥117,480,668.60 in Q1 2024[29] Operational Efficiency - The decline in net profit was primarily due to reduced demand from overseas customers and the impact of product price reductions, leading to a decrease in gross margin[7] - Total operating costs for Q1 2025 were CNY 491,438,750.40, down 13.2% from CNY 566,258,992.12 in Q1 2024[17] - The company reported a decrease in research and development expenses to CNY 17,357,766.49 in Q1 2025, compared to CNY 19,130,050.23 in Q1 2024[18] - Research and development expenses for Q1 2025 were ¥15,313,358.44, compared to ¥17,009,464.29 in Q1 2024, indicating a reduction of 10%[27] Cash Management - The company's cash and cash equivalents decreased to CNY 155,640,155.66 as of March 31, 2025, from CNY 169,603,829.13 as of December 31, 2024[13] - Cash and cash equivalents at the end of Q1 2025 were CNY 147,635,931.25, down from CNY 259,030,997.07 at the end of Q1 2024[22] - The cash and cash equivalents at the end of the period decreased to $127,642,332.37 from $144,860,601.49 at the beginning of the period[30] Future Outlook - The company plans to implement new accounting standards starting from 2025, which may affect future financial reporting[30]