G.W(SH:600462)2025-04-29 16:25Financial Performance - The company's operating revenue for Q1 2025 was ¥109,936,942.80, a decrease of 16.31% compared to ¥131,360,364.43 in the same period last year[4] - The net loss attributable to shareholders was ¥5,667,165.46, slightly worsening from a loss of ¥5,532,351.37 in the previous year[4] - Operating profit for Q1 2025 was -¥7,874,474.19, slightly improved from -¥8,168,333.86 in Q1 2024[20] - Net profit for Q1 2025 was -¥7,839,923.17, compared to -¥8,658,292.91 in Q1 2024, indicating a reduction in losses[21] - The company reported a basic and diluted earnings per share of -¥0.0092 for Q1 2025, compared to -¥0.0090 in Q1 2024[21] Cash Flow and Liquidity - The net cash flow from operating activities was negative at ¥12,210,796.94, an improvement from negative ¥18,469,683.19 in the same period last year[4] - Cash flow from operating activities for Q1 2025 was -¥12,210,796.94, an improvement from -¥18,469,683.19 in Q1 2024[24] - Cash and cash equivalents at the end of Q1 2025 were ¥37,012,072.26, slightly down from ¥37,215,827.18 at the end of Q1 2024[25] - Total cash outflow from financing activities for Q1 2025 was -¥2,333,686.01, significantly improved from -¥24,552,458.72 in Q1 2024[25] Assets and Liabilities - Total assets decreased by 5.68% to ¥351,017,000.77 from ¥372,160,544.24 at the end of the previous year[5] - The company's current assets totaled CNY 220,437,373.59, down from CNY 240,074,268.36, indicating a decrease of about 8.2%[14] - Accounts receivable increased to CNY 129,850,564.69 from CNY 115,180,121.81, representing a growth of approximately 12.8%[14] - The company's cash and cash equivalents decreased significantly from CNY 51,643,916.92 to CNY 37,012,072.26, a decline of around 28.5%[14] - Total liabilities decreased from CNY 323,927,944.92 to CNY 310,624,324.62, a reduction of about 4.1%[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 15,028[10] - The top shareholder, Lishui Lingnan Song Enterprise Management Partnership, held 11.6% of the shares, totaling 69,800,000 shares[10] - The company's equity attributable to shareholders decreased from CNY 42,843,414.01 to CNY 37,176,248.55, reflecting a decline of approximately 13.3%[16] Income and Costs - The company reported a significant increase in other income by 311.01%, primarily due to the recognition of personal income tax refund[8] - The company experienced a 43.21% decrease in operating costs, correlating with the decline in operating revenue[7] - Total operating costs for Q1 2025 were ¥118,119,885.52, down 14.8% from ¥138,715,607.90 in Q1 2024[20] Other Information - The weighted average return on net assets was -14.16%[5] - The company reported a total of CNY 10,767,512.48 in contract liabilities as of March 31, 2025, compared to CNY 10,244,428.52 previously, indicating an increase of about 5.1%[16] - The non-current assets totaled CNY 130,579,627.18, slightly down from CNY 132,086,275.88, a decrease of approximately 1.1%[15] - The company has no significant changes in the top 10 shareholders or their participation in margin trading[11][12] - There are no new strategies or significant developments reported in the conference call regarding product launches or market expansion[12] - The company did not report any new product launches or significant market expansions during the quarter[20] - The company is not applying new accounting standards for the current reporting period[26]