NEWU(SZ:300472)2025-04-30 09:30Financial Performance - The company's revenue for Q1 2025 was ¥3,808,294.43, a decrease of 94.74% compared to ¥72,430,778.91 in the same period last year[5] - The net loss attributable to shareholders was ¥17,228,373.34, representing a 21.73% increase in loss compared to ¥14,152,746.41 in the previous year[5] - The net loss for the current period was CNY 18,168,945.29, compared to a net loss of CNY 15,821,710.75 in the previous period, reflecting an increase in losses of approximately 21.5%[17] - The total comprehensive income for the period was -18,168,945.29, compared to -15,821,710.75 in the previous period, indicating a decline[18] - Basic and diluted earnings per share were both -0.06, compared to -0.05 in the previous period, indicating a slight deterioration[18] Cash Flow - The net cash flow from operating activities improved by 82.55%, amounting to -¥7,553,186.07, compared to -¥43,285,466.92 in the same period last year[5] - The net cash flow from operating activities was -7,553,186.07, a significant improvement from -43,285,466.92 in the previous period[21] - Cash inflows from operating activities totaled 23,481,968.27, down from 69,076,479.83 in the previous period, reflecting a decrease of approximately 66%[20] - Cash outflows from operating activities were 31,035,154.34, compared to 112,361,946.75 in the previous period, showing a reduction of about 72%[21] - The net cash flow from financing activities was 13,980,169.07, a turnaround from -23,497,004.14 in the previous period[21] - The company received cash from borrowings amounting to 14,420,182.50, significantly lower than 90,510,000.00 in the previous period[21] - The cash received from other operating activities was 2,846,623.42, down from 10,753,488.00 in the previous period, reflecting a decrease of approximately 73%[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,028,391,761.07, reflecting a 1.53% increase from ¥1,012,848,646.10 at the end of the previous year[5] - Total current assets reached CNY 543,453,034.18, up from CNY 508,921,588.20, which is an increase of about 6.8%[14] - Total liabilities increased to CNY 1,044,365,992.53 from CNY 1,009,709,151.77, reflecting a rise of approximately 3.4%[15] - The company's total assets amounted to CNY 1,028,391,761.07, compared to CNY 1,012,848,646.10, indicating a slight increase of about 1.5%[15] Shareholder Information - The equity attributable to shareholders decreased by 98.62%, down to ¥8,527,155.90 from ¥616,422,595.56 at the end of the previous year[5] - The total number of ordinary shareholders at the end of the reporting period was 24,840[10] Operational Efficiency - The decline in revenue was primarily due to the company's failure to meet customer acquisition expectations in the market[7] - Total operating costs amounted to CNY 21,765,497.67, down from CNY 97,045,326.65, indicating a reduction of about 77.6%[16] - Research and development expenses were CNY 4,461,648.71, down from CNY 13,828,524.53, representing a decrease of approximately 67.7%[17] - Accounts receivable increased to CNY 229,573,097.16 from CNY 221,400,119.11, showing a growth of about 3.9%[14] - Inventory rose to CNY 193,632,766.38 from CNY 181,491,469.40, marking an increase of approximately 6.7%[14] - The company reported non-recurring gains of ¥297,267.34 during the period, primarily from non-current asset disposals and other income[6] Other Information - The weighted average return on equity was -95.31%, a significant decline of 92.29% from -3.02% in the previous year[5] - The ending cash and cash equivalents balance was 9,789,953.57, down from 18,006,814.88 in the previous period[21] - The company did not execute any mergers or acquisitions during the reporting period[22]