TAM(SH:603789)2025-04-29 15:28Financial Performance - The company's operating revenue for Q1 2025 was ¥68,454,027.98, representing a 96.38% increase compared to ¥34,857,185.70 in the same period last year[5]. - The net profit attributable to shareholders was -¥28,366,761.03, compared to -¥23,145,748.96 in the previous year, indicating a continued loss[5]. - The net cash flow from operating activities was -¥44,940,281.62, a decline from -¥28,279,574.46 year-on-year, primarily due to reduced cash collections[5][10]. - The basic and diluted earnings per share were both -¥0.1091, compared to -¥0.089 in the same period last year[5]. - The weighted average return on net assets was -12.45%, a significant decline from -0.06% in the previous year[5]. - Net loss for Q1 2025 was ¥29,908,171.64, compared to a net loss of ¥23,532,869.16 in Q1 2024, representing a 27.1% increase in losses[24]. - Operating profit for Q1 2025 was -¥29,882,706.38, worsening from -¥23,476,546.09 in Q1 2024[23]. Revenue and Costs - The increase in operating revenue was mainly attributed to higher sales volume during the reporting period[10]. - Total operating costs for Q1 2025 were ¥100,001,124.44, up 62.4% from ¥61,538,627.76 in Q1 2024[22]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,181,242,778.70, a 1.74% increase from ¥1,160,993,983.43 at the end of the previous year[6]. - The total liabilities amount to 735,538,203.00 RMB, compared to 722,073,939.28 RMB, showing a slight increase[18]. - Total liabilities as of the reporting date were ¥929,366,165.95, an increase from ¥877,153,535.70 in the previous period[19]. - The equity attributable to shareholders decreased by 12.34% to ¥213,675,682.01 from ¥243,742,828.45 at the end of the previous year[6]. - Current assets total 608,833,356.08 RMB, compared to 565,152,219.07 RMB previously, reflecting a growth of approximately 7.5%[17]. - The company's inventory stands at 216,902,986.45 RMB, up from 207,089,492.52 RMB, indicating an increase of about 4%[17]. - Short-term borrowings decreased to 105,799,736.10 RMB from 122,750,271.61 RMB, a reduction of approximately 13.8%[18]. - The company has a long-term loan of 105,300,000.00 RMB, which increased from 65,500,000.00 RMB, reflecting a growth of approximately 60.8%[18]. Cash Flow - Cash inflow from operating activities in Q1 2025 totaled ¥71,277,003.80, an increase from ¥59,853,420.94 in Q1 2024[26]. - Cash paid for goods and services in Q1 2025 was ¥77,610,616.70, up from ¥48,132,390.22 in Q1 2024[26]. - Total cash outflow from operating activities amounted to $116,217,285.42, up from $88,132,995.40, reflecting increased operational expenses[27]. - The net cash flow from financing activities was $55,864,618.89, compared to $22,945,303.59 previously, indicating improved capital management[27]. - The company reported a net increase in cash and cash equivalents of $9,462,244.92, contrasting with a decrease of $19,065,929.19 in the previous period[27]. - The ending balance of cash and cash equivalents was $38,175,713.47, down from $48,837,597.33, suggesting a reduction in liquidity[27]. - Cash paid for operating activities related to employees was $23,318,442.80, an increase from $19,799,081.36, indicating higher labor costs[27]. - Cash paid for taxes was $3,094,004.47, a decrease from $3,755,010.24, reflecting potential tax efficiency[27]. - Cash outflow for investment activities was $1,462,092.35, significantly lower than $18,736,458.32, indicating reduced capital expenditures[27]. Shareholder Information - The total number of ordinary shares at the end of the reporting period is 31,013[12]. - The largest shareholder, Starlight Agricultural Science Holdings Group, holds 44,149,832 shares, accounting for 16.3% of total shares[12]. Research and Development - The company has ongoing research and development efforts, although specific new products or technologies were not detailed in the provided content[12]. - The company reported a significant increase in research and development expenses, totaling ¥3,533,468.40 in Q1 2025 compared to ¥4,009,771.13 in Q1 2024[23]. Accounting Policies - The company is adjusting its accounting policies in accordance with the new guidelines issued by the Ministry of Finance, which may impact future financial reporting[6]. - The company will not apply new accounting standards starting from 2025, maintaining current reporting practices[28].