宝兰德1年1期均亏 2019年上市募7.9亿东兴证券保荐

Core Viewpoint - Baolande (688058.SH) reported significant declines in revenue and net profit for the first quarter of 2025, indicating ongoing financial challenges for the company [1] Financial Performance Summary - For Q1 2025, Baolande achieved operating revenue of 38.67 million yuan, a year-on-year decrease of 43.30% [1] - The net profit attributable to shareholders was -30.37 million yuan, compared to -3.38 million yuan in the same period last year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -31.73 million yuan, down from -3.74 million yuan year-on-year [1] - The net cash flow from operating activities was -1.83 million yuan, an improvement from -3.16 million yuan in the previous year [1] Previous Year Performance - In 2024, Baolande reported operating revenue of 283 million yuan, a decline of 7.18% year-on-year [1] - The net profit attributable to shareholders was -58.72 million yuan, a significant drop from a profit of 14.52 million yuan in the previous year [1] - The net profit after deducting non-recurring gains and losses was -54.79 million yuan, compared to a profit of 4.92 million yuan the previous year [1] - The net cash flow from operating activities was -96.22 million yuan, worsening from -35.28 million yuan in the previous year [1] IPO and Fundraising Details - Baolande's initial public offering raised a total of 793 million yuan, with a net amount of 710 million yuan after expenses [2] - The actual net fundraising exceeded the original plan by 425.75 million yuan [2] - The planned use of funds included software development, technology research center projects, and marketing service platform construction [2] Dividend Distribution - In 2022, Baolande distributed a cash dividend of 0.6 yuan per share and increased its capital stock by 0.4 shares for every share held, resulting in a total capital increase of 16 million shares [2] - The total cash dividend distributed was 24 million yuan, with the total share capital increasing to 56 million shares post-distribution [2] - In 2024, Baolande announced a cash dividend of 2.6 yuan for every 10 shares and a capital increase of 4 shares for every 10 shares held [3]