Lead Power(300530)2025-04-21 15:00Financial Performance - The company's revenue for Q1 2025 was ¥44,722,415.94, representing a 13.13% increase compared to ¥39,533,433.01 in the same period last year[5]. - The net loss attributable to shareholders was ¥26,631,962.53, an improvement of 14.54% from a loss of ¥31,161,413.40 in the previous year[5]. - Total operating revenue for the current period reached ¥44,722,415.94, an increase of 13.9% compared to ¥39,533,433.01 in the previous period[20]. - Net loss for the current period was ¥26,928,779.85, an improvement from a net loss of ¥31,505,124.53 in the previous period, indicating a reduction of approximately 14.5%[21]. - The company reported a basic and diluted earnings per share of -0.15, an improvement from -0.18 in the previous period[22]. - The company’s total comprehensive loss for the current period was ¥26,928,779.85, compared to ¥31,505,124.53 in the previous period, showing a decrease of 14.5%[22]. Cash Flow - The net cash flow from operating activities improved by 19.18%, amounting to -¥28,475,607.77 compared to -¥35,231,768.75 in the prior year[5]. - Cash flow from operating activities increased to ¥29,237,689.28, up from ¥23,313,794.26, representing a growth of 25.5%[24]. - The company reported a significant decrease in cash flow from financing activities, which was -¥75,652,051.53 compared to ¥123,363,629.46 in the previous year, primarily due to loan repayments[10]. - The net increase in cash and cash equivalents was -$56.44 million, contrasting with a positive increase of $141.99 million in the prior year[25]. - The ending balance of cash and cash equivalents was $166.25 million, down from $420.02 million year-over-year[25]. Assets and Liabilities - Total assets decreased by 8.60% to ¥1,335,104,643.08 from ¥1,460,778,241.60 at the end of the previous year[5]. - Current assets decreased from CNY 658,526,202.50 to CNY 553,592,164.73, a reduction of about 15.95%[18]. - Total liabilities increased from CNY 658,526,202.50 to CNY 781,512,478.35, an increase of about 18.66%[18]. - Total liabilities decreased to ¥1,153,994,809.78 from ¥1,254,028,302.99, a reduction of approximately 8%[19]. - Total equity decreased to ¥181,109,833.30 from ¥206,749,938.61, reflecting a decline of about 12.4%[19]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,675, with no preferred shareholders having restored voting rights[11]. - The company has a total of 13,560,804 shares under lock-up, which are subject to release according to regulations[15]. - The company reported a total of 13,683,378 shares in circulation after accounting for the release of some locked shares[15]. - The company’s major shareholder, Cai Zhihua, holds 31.12% of the shares, amounting to 53,507,690 shares[13]. Research and Development - Research and development expenses increased by 34.53% to ¥7,779,566.76 from ¥5,782,703.94 in the same period last year, indicating a focus on innovation[10]. - Research and development expenses rose to ¥7,779,566.76, compared to ¥5,782,703.94, marking an increase of 34.5%[21]. Borrowings and Financing - Short-term borrowings increased significantly by 252.33% to ¥70,506,088.88 from ¥20,011,111.11, reflecting new financing activities[10]. - The company’s long-term borrowings decreased to ¥383,800,000.00 from ¥425,287,231.94, a decline of approximately 9.8%[19]. - Cash received from borrowings was $60 million, down from $100 million in the previous year[25]. - Cash paid for dividends and interest was $4.70 million, slightly lower than $5.49 million in the previous year[25].