Financial Performance - Net profit attributable to shareholders decreased by 13.56% to CNY 9,976,972.59 for the first quarter of 2025, down from CNY 11,542,541.29 in the same period last year[9] - Operating revenue for the first quarter of 2025 was CNY 85,317,542.06, reflecting a slight increase of 0.81% compared to CNY 84,633,111.64 in the previous year[9] - The company's net profit for Q1 2025 was CNY 5,164,805.20, a decrease of 34.8% compared to CNY 7,939,068.49 in Q1 2024[46] - The total profit for Q1 2025 was CNY 5,802,891.93, down from CNY 8,397,344.21 in Q1 2024, reflecting a decline of 30.5%[45] - The operating profit for Q1 2025 was CNY 5,802,054.79, down from CNY 8,389,821.94 in Q1 2024, reflecting a decline of 30.7%[45] - Total operating costs for Q1 2025 were ¥70,163,077.76, compared to ¥67,754,162.92 in Q1 2024, indicating a rise in costs[42] - The total comprehensive income for Q1 2025 was CNY 5,164,805.20, compared to CNY 7,939,068.49 in Q1 2024[46] Assets and Liabilities - Total assets increased by 3.16% to CNY 1,043,644,090.60 as of March 31, 2025, compared to CNY 1,011,705,895.55 at the end of 2024[9] - The company's asset-liability ratio (consolidated) was 22.01%, up from 21.17% at the end of the previous year[9] - Total liabilities increased to ¥229,678,921.69 from ¥214,181,278.54, reflecting a rise of about 7.2%[38] - Total liabilities reached ¥132,914,242.88 as of March 31, 2025, up from ¥111,486,187.85 at the end of 2024[41] - The company has a total of ¥63,223,209.67 in assets under restrictions, accounting for 6.06% of total assets[30] Cash Flow - The company's cash flow from operating activities showed a significant improvement, with a net outflow of CNY -2,378,574.20, an 81.20% reduction in outflow compared to CNY -12,654,803.38 in the previous year[9] - Cash flow from operating activities for Q1 2025 was negative at -3,106,716.93 CNY, compared to -8,337,111.34 CNY in Q1 2024, indicating an improvement[49] - The company generated CNY 41,211,647.45 in cash from sales of goods and services in Q1 2025, an increase from CNY 31,754,955.88 in Q1 2024[47] - Total cash inflow from operating activities was 19,630,390.88 CNY in Q1 2025, slightly down from 20,064,669.33 CNY in Q1 2024[49] - The ending cash and cash equivalents balance for Q1 2025 was 76,367,860.12 CNY, up from 95,587,549.78 CNY in Q1 2024[50] Shareholder Information - The total number of unrestricted shares decreased from 59,509,255 to 59,260,770, representing a change of -248,485 shares, which is a reduction from 79.35% to 79.01% of total shares[17] - The total number of restricted shares increased from 15,490,745 to 15,739,230, with a change of 248,485 shares, rising from 20.65% to 20.99% of total shares[17] - The largest shareholder, Zhang Zhongshu, holds 14,869,947 shares, accounting for 19.83% of total shares, with no change during the period[19] - The shareholding structure shows that 51.20% of shares are held by the top ten shareholders, with no pledges or judicial freezes reported[20][19] - The company has 7,766 common shareholders as of the end of the reporting period[17] Research and Development - Research and development expenses decreased by 32.21% to CNY 4,243,241.21, mainly due to reduced material consumption for ongoing projects[11] - Research and development expenses for Q1 2025 were CNY 3,360,082.32, a decrease of 36.4% compared to CNY 5,285,015.32 in Q1 2024[45] Other Income and Expenses - Other income increased by 53.80% to CNY 1,059,803.79, primarily due to an increase in input tax deductions[11] - Non-recurring gains and losses totaled CNY 165,264.22 after tax, reflecting various adjustments and government subsidies[14] - The company recorded a credit impairment loss of CNY -1,384,771.48 in Q1 2025, compared to CNY -1,514,622.35 in Q1 2024[45] Financing Activities - Short-term borrowings rose by 113.25% to CNY 38,078,806.01, attributed to increased borrowings by the parent company and a subsidiary[10] - The company reported a short-term loan of ¥38,078,806.01, which increased from ¥17,856,706.28, indicating a significant rise of approximately 113.8%[38] - Financing activities generated a net cash flow of 17,025,892.57 CNY in Q1 2025, compared to 12,657,262.81 CNY in Q1 2024, showing an increase[50]
凯德石英(835179) - 2025 Q1 - 季度财报