利元亨(688499) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥714,718,608.26, a decrease of 6.00% compared to ¥760,368,146.77 in the same period last year[4] - Net profit attributable to shareholders was ¥12,819,736.02, a significant turnaround from a loss of ¥187,855,150.85 in the previous year[4] - Basic and diluted earnings per share were both ¥0.08, compared to a loss of ¥1.53 per share in the previous year[4] - The company's operating profit improved to CNY 15.31 million from a loss of CNY 210.88 million year-over-year[20] - The net profit for Q1 2025 was a loss of ¥3,642,164.42, compared to a loss of ¥162,077,080.95 in Q1 2024, indicating a significant improvement in performance[32] - The total comprehensive loss for Q1 2025 was ¥14,977,117.44, compared to a loss of ¥162,253,464.31 in Q1 2024, showing a significant reduction in losses[33] Cash Flow - The net cash flow from operating activities was ¥118,446,241.16, recovering from a negative cash flow of ¥269,368,898.76 in the same period last year[4] - In Q1 2025, the net cash flow from operating activities was ¥118,446,241.16, a significant improvement compared to a net outflow of ¥269,368,898.76 in Q1 2024[25] - Total cash inflow from operating activities in Q1 2025 was ¥667,586,273.29, down 16.4% from ¥798,646,636.74 in Q1 2024[25] - Cash outflow from operating activities decreased to ¥549,140,032.13 in Q1 2025, compared to ¥1,068,015,535.50 in Q1 2024, representing a reduction of 48.6%[25] - The company reported a net cash outflow from investing activities of ¥113,600,745.35 in Q1 2025, compared to a smaller outflow of ¥48,145,808.15 in Q1 2024[35] - The company's financing activities resulted in a net cash outflow of ¥141,415,878.05 in Q1 2025, contrasting with a net inflow of ¥417,108,616.49 in Q1 2024[35] Assets and Liabilities - Total assets decreased by 4.33% to ¥8,412,380,380.31 from ¥8,793,513,269.67 at the end of the previous year[5] - Total assets decreased to CNY 8.41 billion from CNY 8.79 billion, a decline of 4.3%[17] - Total liabilities decreased to CNY 6.18 billion from CNY 6.52 billion, a reduction of 5.2%[17] - Current liabilities decreased to ¥5,387,105,096.64 as of March 31, 2025, from ¥6,021,555,571.06 as of December 31, 2024, indicating a reduction of 10.6%[30] Research and Development - Research and development expenses totaled ¥87,600,222.83, down 18.46% from ¥107,426,861.71, with R&D expenses accounting for 12.26% of operating revenue, a decrease of 1.87 percentage points[5] - The company reported a significant reduction in research and development expenses to CNY 87.60 million from CNY 107.43 million, a decrease of 18.5%[20] - Research and development expenses decreased to ¥51,622,531.61 in Q1 2025 from ¥75,144,432.15 in Q1 2024, a reduction of approximately 31.4%[32] Shareholder Information - As of March 31, 2025, the total number of common shareholders was 13,948[11] - The largest shareholder, Huizhou Liyuanheng Investment Co., Ltd., holds 56,381,965 shares, accounting for 33.42% of total shares[11] - The company repurchased a total of 1,194,624 shares, representing 0.71% of the total share capital, with a total expenditure of approximately RMB 33.49 million[14] - The company plans to use between RMB 30 million and RMB 40 million for share repurchase, with a maximum price of RMB 36.60 per share[13] - The company has not disclosed any significant changes in shareholder relationships or actions among the top shareholders[12] Cost Management - The company implemented cost control measures that led to improved gross margins and reduced operating expenses, contributing to the turnaround in profitability[8] - Total operating costs decreased to CNY 692.53 million from CNY 938.93 million, representing a reduction of 26.2%[20] - Operating costs decreased to ¥618,323,716.91 in Q1 2025 from ¥677,874,381.87 in Q1 2024, reflecting a reduction of approximately 8.8%[32]