CTN(300430)2025-04-23 13:55Financial Performance - The company's revenue for Q1 2025 was ¥189,301,895.29, a decrease of 29.42% compared to ¥268,203,514.86 in the same period last year[5] - Net profit attributable to shareholders was ¥12,591,771.66, down 59.09% from ¥30,781,307.45 year-on-year[5] - Basic and diluted earnings per share decreased by 54.55% to ¥0.05 from ¥0.11 in the same period last year[5] - The net profit for the current period is 4,897,840.34, compared to 30,602,538.88 in the previous period, reflecting a significant decrease[30] - The total profit for the current period is 2,244,475.05, down from 35,766,817.24 in the previous period[30] - The total comprehensive income for the current period is 4,897,491.41, down from 30,678,454.17 in the previous period[30] Cash Flow - The net cash flow from operating activities improved by 17.98%, reaching -¥43,012,374.11 compared to -¥52,443,691.07 in the previous year[5] - Cash flow from operating activities showed a net outflow of -43,012,374.11, an improvement from -52,443,691.07 in the previous period[33] - Cash flow from investing activities resulted in a net outflow of -62,696,876.94, compared to -59,522,280.02 in the previous period[34] - Cash flow from financing activities recorded a net outflow of -9,490,210.18, contrasting with a net inflow of 34,298,279.32 in the previous period[34] - The company received cash from sales of 258,688,678.48, an increase from 225,253,580.40 in the previous period[33] - The company reported a decrease in other operating cash inflows to 22,150,700.49 from 35,907,132.41 in the previous period[33] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,590,127,924.52, a slight increase of 0.34% from ¥3,577,825,097.29 at the end of the previous year[5] - Cash and cash equivalents decreased to CNY 242,315,534.63 from CNY 358,761,920.13, a decline of 32.5%[25] - Accounts receivable decreased slightly to CNY 742,839,477.75 from CNY 759,138,216.08, a reduction of 2.1%[25] - Inventory increased to CNY 616,107,487.55, up 10.8% from CNY 556,226,345.69[26] - Total liabilities increased to CNY 1,350,914,243.21 from CNY 1,343,508,907.39, an increase of 0.5%[28] - The total equity attributable to shareholders increased to CNY 2,244,661,421.13 from CNY 2,232,069,998.40, a rise of 0.6%[28] Operating Costs and Expenses - The company reported a 31.90% decrease in operating costs, aligning with the decline in revenue[16] - Total operating costs for the current period are CNY 184,631,032.98, down 20.3% from CNY 231,592,230.32 in the previous period[29] - Research and development expenses increased by 57.29% compared to the same period last year, indicating a focus on innovation[16] - Research and development expenses increased to CNY 27,393,774.79, a rise of 57.2% compared to CNY 17,416,024.04 in the previous period[29] Shareholder Information - The weighted average return on equity decreased to 0.56% from 1.42% year-on-year, indicating reduced profitability[5] - The company received government subsidies amounting to ¥917,601.31 during the reporting period[7] - The company plans to unlock shares for certain executives on January 1, 2026, totaling 13,193,387 shares[24]