八方股份(603489) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥300,764,124.17, representing a 1.69% increase compared to ¥295,775,274.91 in the same period last year[3]. - Net profit attributable to shareholders increased by 32.11% to ¥21,844,670.32 from ¥16,535,627.48 year-on-year[3]. - Basic and diluted earnings per share rose by 28.57% to ¥0.09 from ¥0.07 in the same period last year[3]. - Operating profit for Q1 2025 was ¥26,133,424.56, up from ¥18,727,238.69 in Q1 2024, marking an increase of 39.5%[18]. - The total comprehensive income for the first quarter of 2025 was CNY 24,807,105.07, compared to CNY 15,160,824.41 in the first quarter of 2024, representing a significant increase[19]. - Net profit for Q1 2025 was ¥21,844,670.32, representing a 32.2% increase compared to ¥16,535,627.48 in Q1 2024[18]. Cash Flow - The net cash flow from operating activities surged to ¥21,218,315.91, a significant increase of 2,134.46% compared to ¥949,595.57 in the previous year[3]. - Cash flow from operating activities for Q1 2025 was CNY 21,218,315.91, a substantial increase from CNY 949,595.57 in Q1 2024[21]. - The company's cash outflows for operating activities in Q1 2025 were CNY 310,343,789.31, compared to CNY 321,801,199.97 in Q1 2024, showing a decrease of approximately 3.5%[21]. - The cash flow from operating activities showed a net outflow of CNY 31.07 million, an improvement from a net outflow of CNY 35.63 million in Q1 2024[28]. Assets and Liabilities - Total assets decreased by 2.33% to ¥3,085,844,240.68 from ¥3,159,602,486.24 at the end of the previous year[4]. - The company's total assets amounted to ¥3,085,844,240.68, down from ¥3,159,602,486.24 in the previous period[13]. - Total liabilities decreased to ¥415,548,988.92 from ¥514,114,339.55, a decline of 19.2%[14]. - The total liabilities as of March 31, 2025, were CNY 162,686,365.50, down from CNY 202,257,722.13 at the end of 2024[23]. Shareholder Equity - The equity attributable to shareholders increased by 0.94% to ¥2,670,295,251.76 compared to ¥2,645,488,146.69 at the end of the previous year[4]. - The company's equity attributable to shareholders increased to ¥2,670,295,251.76 from ¥2,645,488,146.69, a growth of 0.9%[14]. - The total equity of the company reached CNY 2.64 billion, up from CNY 2.60 billion year-over-year[24]. Expenses - The company reported a significant reduction in expenses and an increase in investment income as the main reasons for the profit growth[4]. - Research and development expenses decreased to ¥13,190,933.56 in Q1 2025 from ¥19,674,202.82 in Q1 2024, a reduction of 33.1%[18]. - Research and development expenses in Q1 2025 were CNY 10.95 million, down 30.7% from CNY 15.79 million in Q1 2024[25]. - The company experienced a decrease in sales expenses, which were CNY 7.82 million in Q1 2025, down 41.0% from CNY 13.30 million in Q1 2024[25]. Investment Activities - The company reported cash inflows from investment activities of CNY 774,877,354.49 in Q1 2025, compared to CNY 1,483,271.10 in Q1 2024[21]. - The net cash flow from investment activities for Q1 2025 was CNY 80,936,289.40, a turnaround from a negative cash flow of CNY -97,028,870.84 in Q1 2024[21]. - The company reported a significant increase in investment cash inflow, totaling CNY 774.43 million in Q1 2025 compared to CNY 576.59 million in the previous year[29]. Other Comprehensive Income - Other comprehensive income after tax for Q1 2025 was ¥2,962,434.75, compared to a loss of ¥1,374,803.07 in Q1 2024[18]. - The company's cash and cash equivalents at the end of Q1 2025 were CNY 752,180,251.89, compared to CNY 1,419,754,490.21 at the end of Q1 2024, indicating a decrease of approximately 47.1%[21].