东方通(300379) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 was ¥134,294,019.34, representing a 77.41% increase compared to ¥75,697,977.39 in the same period last year[5] - The net loss attributable to shareholders was ¥30,543,067.59, a 58.12% improvement from a loss of ¥72,937,985.93 in Q1 2024[5] - Basic earnings per share improved to -¥0.0547 from -¥0.1296, marking a 57.79% increase[5] - Total operating revenue for the current period reached ¥134,294,019.34, a significant increase from ¥75,697,977.39 in the previous period, representing an increase of approximately 77.4%[23] - The net loss for the current period was ¥30,542,853.85, compared to a net loss of ¥72,938,046.92 in the previous period, showing an improvement of approximately 58%[24] - The comprehensive loss for the current period totaled ¥110,496,848.77, compared to a loss of ¥72,938,046.92 in the previous period[24] Cash Flow - The net cash flow from operating activities was -¥22,337,196.78, a significant decline of 120.65% from ¥108,174,360.47 in the previous year[5] - Operating cash inflow for the current period was $267,892,840.23, down from $389,736,251.72 in the previous period, representing a decrease of approximately 31.2%[26] - Cash inflow from investment activities totaled $205,095,768.81, down from $330,719,890.41, a decrease of about 38%[26] - Net cash flow from investment activities was -$697,105,090.39, worsening from -$601,689,463.59 in the previous period[26] - Cash inflow from financing activities was $11,532,150.34, slightly down from $12,004,320.65[27] - Net cash flow from financing activities was -$10,861,007.87, an improvement from -$120,509,625.08 in the previous period[27] - The ending cash and cash equivalents balance was $903,880,173.44, down from $1,432,031,718.56[27] - Total cash outflow from operating activities was $290,230,037.01, compared to $281,561,891.25 in the previous period, reflecting an increase of approximately 3.3%[26] Assets and Liabilities - Total assets decreased by 1.55% to ¥3,511,327,910.82 from ¥3,566,712,035.79 at the end of the previous year[5] - The total assets decreased to ¥3,511,327,910.82 from ¥3,566,712,035.79, reflecting a decline of about 1.6%[22] - Total liabilities decreased to ¥403,776,606.53 from ¥441,381,829.36, a reduction of approximately 8.5%[22] - The owner's equity attributable to the parent company decreased to ¥3,106,051,140.55 from ¥3,123,830,256.43, a decline of about 0.6%[22] - The company reported a total current assets of RMB 2,714,828,427.67 as of March 31, 2025, an increase from RMB 2,647,712,255.05 at the beginning of the period, reflecting a growth of approximately 2.9%[20] - Cash and cash equivalents decreased to RMB 913,856,607.41 from RMB 1,645,287,699.34, indicating a decline of about 44.4%[20] - The company's accounts receivable stood at RMB 641,952,082.50, down from RMB 700,107,070.95, representing a decrease of approximately 8.3%[20] - The company reported a decrease in intangible assets from RMB 63,948,707.41 to RMB 55,858,301.24, a decline of approximately 12.6%[20] - The company’s non-current assets totaled RMB 1,000,000,000.00, reflecting a strategic focus on maintaining asset stability amid market fluctuations[20] Government Support and Investments - The company received government subsidies amounting to ¥13,925,528.52, which positively impacted its financial performance[7] - The company completed the transfer of a 15.0326% stake in Shanghai Tongban Information Service Co., Ltd. to Fujian Foxit Software Development Co., Ltd. for RMB 109,938,781.00, with all funds received by the reporting period end[16] - The company has made adjustments to its management structure to enhance governance and operational efficiency, approved by the board on January 23, 2025[15] - The company has appointed Xu Shaopu as the new Chief Financial Officer following the resignation of Sun Jiming, effective from April 29, 2025[17] Investigations and Audits - The company is currently under investigation by the China Securities Regulatory Commission for alleged false financial reporting, with no conclusive findings reported as of the announcement date[17] - The company has not yet audited the first quarter report for 2025[28] Research and Development - Research and development expenses for the current period were ¥44,427,517.65, down from ¥50,590,057.52, indicating a decrease of approximately 12.5%[23] Future Plans - The company plans to continue expanding its business and exploring new projects to enhance revenue growth in the future[5]