EFORT(688165) 证券之星·2025-05-01 01:35Financial Overview - The company reported a significant decline in overall performance for Q1 2025, with total operating revenue of 252 million yuan, a year-on-year decrease of 24.71% [1] - The net profit attributable to shareholders was -67.36 million yuan, down 247.63% year-on-year, while the net profit excluding non-recurring items was -70.10 million yuan, a decrease of 91.66% [1] Profitability Analysis - The company's gross margin was 5.46%, a decrease of 65.69% year-on-year, and the net margin was -33.26%, down 450.63% year-on-year, indicating significant pressure on cost control and profitability [2] Cost and Expense Analysis - Total sales, management, and financial expenses amounted to 72.44 million yuan, accounting for 28.71% of revenue, which represents a year-on-year increase of 30.84%, further compressing profit margins [3] Cash Flow and Debt Situation - The operating cash flow per share was -0.14 yuan, a decrease of 902.32% year-on-year, reflecting substantial cash outflow pressure from operating activities [4] - The company had interest-bearing liabilities of 988 million yuan, an increase of 37.18% year-on-year, with an interest-bearing asset-liability ratio of 27.79%, raising concerns about debt repayment capacity [4] Accounts Receivable Situation - As of the end of the reporting period, accounts receivable stood at 854 million yuan, accounting for 62.18% of the latest annual revenue, a year-on-year increase of 30.73%, which may affect the company's capital turnover efficiency [5] Summary - Overall, the company's financial performance in Q1 2025 was poor, with a significant decline in profitability, and cash flow and debt situations warrant attention. The company needs to implement effective measures to improve operational conditions and enhance profitability and cash flow management [6]