Yunding Tech(000409)2025-04-23 10:10Financial Performance - The company's operating revenue for Q1 2025 was ¥308,557,012.68, a decrease of 20.55% compared to ¥388,349,485.98 in the same period last year[5]. - Net profit attributable to shareholders was ¥31,465,415.62, down 33.24% from ¥47,131,522.78 year-on-year[5]. - Basic earnings per share decreased by 31.99% to ¥0.0474 from ¥0.0697 in the same period last year[5]. - Net profit for the period was ¥32,071,132.08, down from ¥48,635,308.51, reflecting a decrease of approximately 34.1% year-over-year[20]. - Basic earnings per share decreased to ¥0.0474 from ¥0.0697, a decline of about 32.5% year-over-year[21]. - Total operating revenue decreased to ¥308,557,012.68 from ¥388,349,485.98, representing a decline of approximately 20.5% year-over-year[19]. - Total operating costs decreased to ¥280,548,687.93 from ¥339,650,507.55, a reduction of about 17.4% year-over-year[19]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥235,886,862.89, representing a significant decline of 453.10% compared to -¥42,648,511.31 in the previous year[5][10]. - The company reported a significant decrease in cash received from sales, totaling ¥90,404,193.34 compared to ¥267,411,387.73 in the previous period, a decline of about 66.3%[21]. - Net cash flow from financing activities was ¥0.00, a turnaround from -¥80,345,924.00 in the previous year, indicating no new financing activities during the period[10]. - The net increase in cash and cash equivalents was -124,183,527.21 in the previous period[22]. - The ending balance of cash and cash equivalents was 681,786,280.88 at the end of the previous period[22]. - The company's cash and cash equivalents decreased to ¥735,676,574.95 from ¥984,148,785.49, a decline of approximately 25.3%[14]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,626,868,444.74, down 4.13% from ¥2,740,035,363.34 at the end of the previous year[5]. - Total current assets decreased to ¥2,163,187,573.10 from ¥2,267,339,380.67, a decline of approximately 4.6%[16]. - Accounts receivable decreased to ¥634,862,938.38 from ¥668,176,654.46, a reduction of about 5%[14]. - Total liabilities decreased to ¥836,390,137.21 from ¥981,627,986.85, a reduction of approximately 14.7%[20]. - Total equity increased to ¥1,790,478,307.53 from ¥1,758,407,376.49, an increase of about 1.8%[20]. Expenses - Sales expenses increased by 50.69% to ¥11,538,127.26, attributed to enhanced market expansion efforts[9]. - Research and development expenses were ¥17,773,503.73, slightly down from ¥19,055,186.34, indicating a decrease of about 6.7% year-over-year[20]. - Sales expenses increased to ¥11,538,127.26 from ¥7,656,923.05, an increase of approximately 50.5% year-over-year[20]. Other Financial Metrics - The weighted average return on equity was 2.06%, a decrease of 1.18% from 3.24% in the previous year[5]. - The company recorded a 404.76% increase in other income, amounting to ¥232,787.04, primarily from competition prize money[9]. - The company established a marketing center to integrate marketing resources and enhance overall marketing efforts[13]. - The company amended its articles of association regarding profit distribution policies[12]. - The company reported an increase in inventory to ¥308,162,106.35 from ¥301,348,791.57, an increase of about 2.7%[16]. - The company's short-term borrowings and other liabilities are not detailed in the provided data, indicating a focus on asset management and liquidity[16]. Audit and Accounting Standards - The first quarter report was not audited[23]. - The company will implement new accounting standards starting from 2025[24].