Financial Performance - The company's operating revenue for Q1 2025 was ¥178,719,438.86, a decrease of 17.21% compared to ¥215,860,038.13 in the same period last year[4] - Net profit attributable to shareholders was ¥26,516,329.96, down 38.15% from ¥42,872,319.36 year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥19,608,658.53, reflecting a decline of 53.54% compared to ¥42,204,073.17 in the previous year[4] - Basic and diluted earnings per share were both ¥0.20, down 37.50% from ¥0.32 in the previous year[4] - Total operating revenue for Q1 2025 was ¥178,719,438.86, a decrease of 17.2% compared to ¥215,860,038.13 in Q1 2024[19] - Net profit for Q1 2025 was ¥27,017,568.02, a decline of 36.5% from ¥42,532,242.16 in Q1 2024[20] - Operating profit for Q1 2025 was ¥30,113,539.99, down 42.7% from ¥52,657,983.04 in Q1 2024[20] Cash Flow - The net cash flow from operating activities improved significantly to ¥9,006,784.82, compared to a negative cash flow of ¥47,066,738.21 in the same period last year, marking a 119.14% increase[4] - Net cash flow from operating activities for Q1 2025 was ¥9,006,784.82, a significant improvement from a net outflow of ¥47,066,738.21 in Q1 2024[24] - Cash inflow from investment activities in Q1 2025 totaled ¥170,826,636.69, compared to ¥107,230,934.46 in Q1 2024[24] - Cash outflow for investment activities in Q1 2025 was ¥200,000,000.00, significantly higher than ¥40,018,000.00 in Q1 2024[24] - The net increase in cash and cash equivalents was -$44,790,265.39, compared to an increase of $576,132.83 in the previous period[25] - The ending balance of cash and cash equivalents was $284,875,526.27, down from $360,132,618.65 at the end of the previous period[25] - Cash flow from other financing activities was $1,078,546.50[25] - The impact of exchange rate changes on cash and cash equivalents was -$20,008.84[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,583,772,476.97, a decrease of 2.68% from ¥2,655,003,442.66 at the end of the previous year[5] - Current assets decreased to CNY 2,025,924,636.82 from CNY 2,109,941,047.36, reflecting a decline of approximately 3.93%[15] - Inventory decreased to CNY 1,071,705,314.90 from CNY 1,133,630,222.93, a reduction of about 5.46%[15] - Accounts payable decreased to CNY 68,263,530.07 from CNY 85,056,739.72, a decline of approximately 19.67%[16] - Total current liabilities decreased to CNY 1,279,571,405.81 from CNY 1,379,400,428.88, reflecting a decrease of about 7.25%[16] - The company’s total liabilities decreased to CNY 1,279,571,405.81 from CNY 1,379,400,428.88, indicating a reduction of about 7.25%[16] - The company's total liabilities decreased to ¥1,303,775,001.25 in Q1 2025 from ¥1,403,728,068.12 in Q1 2024[18] Equity - The company's equity attributable to shareholders increased by 2.25% to ¥1,280,353,865.93 from ¥1,252,133,002.81 at the end of the previous year[5] - Total equity attributable to shareholders increased to ¥1,280,353,865.93 in Q1 2025 from ¥1,252,133,002.81 in Q1 2024[18] Non-Recurring Items - Non-recurring gains and losses amounted to ¥6,920,871.45, primarily due to government subsidies received[7] Other Information - The weighted average return on net assets decreased to 2.09%, down 1.37 percentage points from 3.46% at the end of the previous year[5] - The company reported a significant increase in receivables financing by 154.24%, attributed to an increase in high-credit-rated bank acceptance bills received[8] - The company’s non-current assets totaled CNY 557,847,840.15, up from CNY 545,062,395.30, an increase of approximately 2.67%[16] - The company plans to implement new accounting standards starting in 2025[25]
亚光股份(603282) - 2025 Q1 - 季度财报