南卫股份(603880) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥170,922,078.18, representing a 22.81% increase compared to ¥139,180,514.20 in the same period last year[4] - The net profit attributable to shareholders was a loss of ¥7,917,932.55, a decrease of 553.73% from a profit of ¥1,745,086.17 in the previous year[4] - The basic and diluted earnings per share were both -¥0.027, reflecting a decrease of 550.00% from ¥0.006 in the previous year[4] - The company's operating profit for the first quarter of 2025 was -8,022,705.81 RMB, compared to a profit of 992,605.52 RMB in the same period of 2024, indicating a significant decline[17] - Net profit for the first quarter of 2025 was -7,885,264.56 RMB, while in the first quarter of 2024, it was 1,752,439.19 RMB, reflecting a year-over-year decrease[17] - The company reported a total comprehensive income of -7,885,264.56 RMB for the first quarter of 2025, compared to 1,752,439.19 RMB in the same period of 2024, reflecting overall financial challenges[18] Cash Flow and Liquidity - The net cash flow from operating activities improved to ¥7,452,517.90, a significant increase of 189.86% compared to a negative cash flow of ¥8,293,570.72 last year[4] - The cash and cash equivalents at the end of the first quarter of 2025 were 19,870,011.98 RMB, compared to 17,393,676.52 RMB at the end of the first quarter of 2024, indicating an increase in liquidity[23] - The company's total cash outflow from investing activities for the first quarter of 2025 was -4,037,316.31 RMB, an improvement from -14,359,402.21 RMB in the same period of 2024, suggesting better investment management[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,038,259,496.21, down 1.73% from ¥1,056,553,004.60 at the end of the previous year[5] - The company's total liabilities decreased to RMB 761,089,984.08 from RMB 772,141,846.66 in the previous period[14] - As of March 31, 2025, total current assets amounted to RMB 392,443,866.70, a slight decrease from RMB 400,280,555.09 as of December 31, 2024[12] Shareholder Equity - Shareholder equity attributable to the company decreased by 2.82% to ¥271,401,379.57 from ¥279,286,644.13 at the end of the previous year[5] - The company had a total of 9,737 common shareholders at the end of the reporting period[8] Revenue and Costs - The total operating costs for Q1 2025 were RMB 182,129,434.69, up from RMB 143,955,213.47 in Q1 2024, reflecting a significant increase in expenses[16] - The increase in operating revenue was primarily due to an overall increase in product sales, although some products experienced price declines due to market competition[7] - The total revenue for the first quarter of 2025 was 168,143,580.99 RMB, an increase from 133,298,618.83 RMB in the first quarter of 2024, representing a growth of approximately 26.1%[20] Investments and Expenses - The long-term equity investments increased to RMB 66,408,440.07 from RMB 63,109,513.51[12] - Research and development expenses for the first quarter of 2025 were 6,177,349.18 RMB, slightly down from 6,652,533.16 RMB in the same period of 2024, indicating a focus on cost management[17] - The company incurred financial expenses of 5,102,755.39 RMB in the first quarter of 2025, a significant increase from 1,318,802.03 RMB in the first quarter of 2024, highlighting rising interest costs[17] Inventory and Receivables - The inventory decreased to RMB 173,339,039.73 from RMB 188,896,130.48, indicating a reduction in stock levels[12] - The company reported a significant increase in accounts receivable, rising to RMB 132,382,068.63 from RMB 104,896,317.55, indicating potential growth in sales but also increased credit risk[12]