Vohringer Home Technology (SH:603226)2025-04-29 15:15Financial Performance - The company's revenue for Q1 2025 was ¥33,886,216.41, representing a decrease of 33.94% compared to ¥51,299,454.14 in the same period last year[5]. - The net profit attributable to shareholders was -¥13,670,844.40, compared to -¥11,996,310.36 in the previous year, indicating a worsening financial performance[5]. - The decline in revenue was attributed to the impact of the macroeconomic environment on sales[8]. - The company reported a basic and diluted earnings per share of -¥0.04, compared to -¥0.03 in the previous year[5]. - Net loss for Q1 2025 was CNY 16,569,318.12, compared to a net loss of CNY 13,342,195.92 in Q1 2024, representing a 24.4% increase in losses[19]. - Total operating costs for Q1 2025 were CNY 51,449,266.95, down 20.8% from CNY 65,039,587.78 in Q1 2024[18]. - Research and development expenses for Q1 2025 were CNY 3,132,852.66, a decrease of 23.3% from CNY 4,080,269.13 in Q1 2024[19]. - Other income for Q1 2025 was CNY 251,086.59, an increase of 41.3% compared to CNY 177,687.02 in Q1 2024[19]. Cash Flow - The net cash flow from operating activities was -¥43,612,165.53, showing a slight improvement from -¥49,822,736.10 year-on-year[5]. - Operating cash inflow for Q1 2025 was CNY 43,308,946.32, an increase of 9.4% from CNY 39,559,898.30 in Q1 2024[23]. - The net cash flow from investment activities was $33,124,683.10, compared to -$5,399,240.94 previously, indicating a positive turnaround[24]. - Cash inflow from investment activities totaled $245,139,305.77, significantly higher than $90,000,000.00 in the prior period[24]. - The company experienced a net decrease in cash and cash equivalents of -$9,439,629.61, compared to -$30,518,599.86 previously[25]. - Total cash outflow from operating activities was $86,921,111.85, slightly lower than $89,382,634.40 in the prior period[24]. - The company reported a decrease in cash paid to employees, totaling $19,707,616.38, down from $20,153,202.08[24]. - The cash paid for taxes was $3,517,197.88, a slight increase from $3,456,844.58 in the previous period[24]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,386,273,933.09, down 3.39% from ¥1,434,868,405.00 at the end of the previous year[5]. - Current assets total RMB 581,085,963.85, down from RMB 617,340,268.50 in the previous period[14]. - Inventory increased to RMB 131,596,940.85 from RMB 122,078,935.00[14]. - Non-current assets total RMB 805,187,969.24, a decrease from RMB 817,528,136.50[14]. - Total liabilities as of the reporting date were CNY 399,244,203.41, a decrease of 7.4% from CNY 431,269,357.20 in the previous period[16]. - Total equity attributable to shareholders was CNY 929,275,038.06, down from CNY 942,945,882.46, reflecting a decrease of 1.5%[16]. - Long-term borrowings increased to CNY 140,933,628.94, up from CNY 138,731,875.50, indicating a growth of 1.6%[16]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 6,242[10]. - The top 10 shareholders collectively hold 158,400,709 shares, accounting for 44.56% of the total share capital[11]. - The largest shareholder, Flingel Holdings Limited, owns 99,664,554 shares, representing 28.04% of the total shares[10]. - The company has no significant changes in the top 10 shareholders due to margin trading activities[11]. Operational Issues - The company did not conduct an audit for the Q1 financial report[4]. - The board meeting faced issues regarding the timely provision of materials, affecting the ability to ensure the accuracy of the financial report[2]. - The company has not reported any significant operational issues during the reporting period[12].