华旺科技(605377) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥848,227,874.55, a decrease of 10.89% compared to ¥951,861,538.46 in the same period last year[4] - The net profit attributable to shareholders was ¥80,688,373.43, down 45.05% from ¥146,844,095.97 year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥77,350,526.14, a decline of 46.65% compared to ¥144,998,666.40 in the previous year[4] - The basic earnings per share decreased by 46.88% to ¥0.17 from ¥0.32 in the same period last year[4] - The weighted average return on equity fell to 2.01%, a decrease of 1.59 percentage points from 3.60% year-on-year[4] - Total operating revenue for Q1 2025 was ¥848,227,874.55, a decrease of 10.9% compared to ¥951,861,538.46 in Q1 2024[20] - Net profit for Q1 2025 was ¥80,688,373.43, a decline of 45.0% from ¥146,808,313.87 in Q1 2024[21] - Basic and diluted earnings per share for Q1 2025 were both ¥0.17, compared to ¥0.32 in Q1 2024[22] - Research and development expenses for Q1 2025 were ¥22,398,874.04, a decrease of 18.7% from ¥27,596,773.46 in Q1 2024[20] - Other income for Q1 2025 was ¥13,165,301.95, down 40.2% from ¥21,976,148.81 in Q1 2024[21] - Financial expenses for Q1 2025 showed a net income of -¥7,847,928.43, compared to -¥3,237,124.47 in Q1 2024[20] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥362,308,651.83, compared to -¥208,377,703.66 in the previous year, indicating a worsening cash flow situation[4] - Cash inflow from operating activities in Q1 2025 totaled ¥1,157,832,818.68, an increase from ¥1,103,427,189.87 in Q1 2024[24] - Cash paid for purchasing goods and services in Q1 2025 was ¥942,220,218.42, down from ¥1,098,378,897.03 in Q1 2024[24] - The net cash flow from investing activities was 138,189,744.45, a significant improvement from -55,092,850.53 in the prior period[25] - The net cash flow from financing activities was -101,286,578.14, compared to -310,552,646.27 previously, showing a reduction in cash outflow from financing[27] - The total cash and cash equivalents at the end of the period amounted to 1,304,184,939.38, down from 1,620,961,502.29 at the beginning of the period[27] - Cash outflow from operating activities totaled 1,520,141,470.51, compared to 1,311,804,893.53 in the previous period, indicating increased operational costs[25] - The company received 509,260,972.27 in cash from borrowings, indicating reliance on debt financing[25] - The cash paid for debt repayment was 310,000,000.00, consistent with previous obligations[25] - The impact of exchange rate changes on cash and cash equivalents was -1,784,394.30, reflecting currency fluctuations[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,092,234,217.08, a slight decrease of 0.05% from ¥6,095,311,026.96 at the end of the previous year[5] - Shareholders' equity attributable to the parent company increased by 2.12% to ¥4,048,353,811.83 from ¥3,964,206,797.47 at the end of the previous year[5] - The company's total liabilities and equity amounted to ¥6,092,234,217.08 as of the reporting date[18] - The total current liabilities decreased to CNY 1,966,928,246.20 from CNY 2,055,424,484.36, a reduction of approximately 4.3%[16] - The total non-current liabilities increased slightly to CNY 76,952,159.05 from CNY 75,679,745.13, showing a marginal rise of 1.68%[16] - The total equity of the company was CNY 4,048,353,811.83, reflecting a decrease from CNY 3,964,206,797.47, indicating a decline of approximately 2.1%[16] - The company's short-term loan increased from CNY 616,622,129.77 to CNY 824,488,909.02, marking a rise of about 33.7%[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,388[10] - The company has not reported any significant changes in shareholder structure or financing activities during the reporting period[12] Inventory and Receivables - Accounts receivable rose significantly to CNY 636,070,492.90, up from CNY 425,254,310.67, indicating a year-over-year increase of about 49.5%[14] - The company's inventory decreased to CNY 652,555,974.38 from CNY 841,058,844.83, representing a decline of about 22.4%[15] - The company’s prepayments increased to CNY 12,225,822.46 from CNY 5,866,142.47, a growth of approximately 108.4%[15]