Financial Performance - Operating revenue for Q1 2025 reached CNY 32,440,844.80, representing a year-on-year increase of 14.41%[10] - Net profit attributable to shareholders for Q1 2025 was a loss of CNY 1,472,118.06, an improvement of 79.76% compared to the loss of CNY 7,272,768.01 in Q1 2024[10] - The company experienced a 68.01% reduction in net loss, attributed to increased sales of high-margin rubber products[12] - The company's net profit for Q1 2025 was not explicitly stated, but the investment income improved to ¥370,297.35 compared to a loss of ¥200,847.93 in Q1 2024[39] - The net profit for Q1 2025 was ¥2,626,817.21, compared to a net loss of ¥4,675,234.10 in Q1 2024, indicating a turnaround in profitability[43] - The total comprehensive income for Q1 2025 was ¥2,626,817.21, compared to a total comprehensive loss of ¥4,675,234.10 in Q1 2024[43] Cash Flow - The net cash flow from operating activities for Q1 2025 was a negative CNY 10,294,894.64, a 72.52% improvement from the previous year[10] - The company reported a cash flow from operating activities of -¥10,294,894.64 for Q1 2025, an improvement from -¥37,462,927.37 in Q1 2024[44] - The net cash flow from operating activities for Q1 2025 was ¥10,735,560.41, compared to a negative cash flow of -¥25,136,116.87 in the same period of 2024[47] - The total cash inflow from operating activities in Q1 2025 was ¥34,481,871.64, compared to ¥19,659,903.85 in 2024, showing a strong increase[47] - The cash inflow from sales and services in Q1 2025 was ¥3,971,332.31, compared to ¥2,915,611.23 in the previous year[47] Assets and Liabilities - Total assets as of March 31, 2025, were CNY 455,506,405.13, a decrease of 3.62% compared to the end of 2024[10] - The company's asset-liability ratio (consolidated) decreased to 43.65% from 45.19% year-on-year[10] - Total liabilities decreased from CNY 213,593,637.41 to CNY 198,841,546.98, a reduction of approximately 6.9%[35] - Total outstanding shares amount to 103,670,278, with 97.14% being unrestricted shares[18] - The largest shareholder, Shanghai Yixingjian Information Technology Co., Ltd., holds 43.43% of the shares, totaling 45,020,920 shares[20] - The company reported restricted assets totaling CNY 14,783,309.54, accounting for 3.25% of total assets[30] Investments and Income - Investment income increased by 284.37% to CNY 370,297.35, primarily due to a turnaround in the performance of an associated company[12] - Non-operating income for Q1 2025 totaled CNY 607,649.68, with a net amount after tax of CNY 517,839.22[14] - The company achieved other income of ¥395,792.89 in Q1 2025, up from ¥338,420.11 in Q1 2024, suggesting improved ancillary revenue streams[42] Shareholder Information - The number of common shareholders is 5,921[18] - The company has no outstanding preferred shares[21] - The core employees hold 0 shares under lock-up, indicating no restricted stock for this group[18] Operational Costs - Total operating costs decreased to ¥34,738,247.83 in Q1 2025 from ¥37,216,718.84 in Q1 2024, reflecting a reduction of about 6.68%[39] - The company reported a total operating cost of ¥7,085,630.49 for Q1 2025, compared to ¥4,854,756.47 in Q1 2024, indicating increased operational expenses[42] Research and Development - Research and development expenses for Q1 2025 were ¥4,564,386.24, slightly higher than ¥4,396,706.12 in Q1 2024, showing an increase of about 3.8%[39] - Research and development expenses for Q1 2025 were ¥1,907,041.10, a decrease from ¥2,363,153.72 in Q1 2024, reflecting a potential shift in investment strategy[42] Debt and Financing - Short-term borrowings decreased from CNY 145,146,043.05 to CNY 135,129,604.17, a decrease of about 6.9%[34] - The company reported a decrease in short-term borrowings to ¥68,064,166.67 as of March 31, 2025, down from ¥88,087,327.77 as of December 31, 2024, representing a decline of approximately 22.7%[37] - The cash outflow from financing activities in Q1 2025 was ¥40,607,333.37, compared to ¥33,084,719.24 in 2024, reflecting increased debt repayment[48] Other Information - The company has no shares under pledge or judicial freeze[21] - The company has provided guarantees totaling 48,500,000 yuan, with all obligations being fulfilled in a timely manner[24] - The company has not engaged in any significant asset acquisitions or disposals during the reporting period[24] - There are no ongoing litigation or arbitration matters affecting the company[23] - The company has no new commitments or overdue commitments during the reporting period[28]
通易航天(871642) - 2025 Q1 - 季度财报