JEMC(000922)2025-04-24 10:55Revenue and Profitability - The company's revenue for Q1 2025 was ¥1,155,812,971.51, a slight increase of 0.25% compared to ¥1,152,883,301.91 in the same period last year[5] - Net profit attributable to shareholders decreased by 40.75% to ¥55,089,051.59 from ¥92,984,843.82 year-on-year[5] - Basic and diluted earnings per share fell by 43.75% to ¥0.09 from ¥0.16 in the same period last year[5] - Net profit for the current period was ¥82,459,392.71, down from ¥117,232,004.24, representing a decline of approximately 29.7%[16] - The total comprehensive income attributable to shareholders was CNY 55,089,051.59, down from CNY 92,984,843.82, indicating a decrease of about 40.5%[17] Cash Flow and Financial Position - The net cash flow from operating activities was negative at -¥699,724,839.71, a decline of 145.30% compared to -¥285,258,043.86 in the previous year[5] - Operating cash flow generated a net outflow of CNY -699,724,839.71, worsening from CNY -285,258,043.86 in the previous period[19] - Total cash inflow from operating activities was CNY 950,563,627.49, compared to CNY 863,007,885.57 in the prior period, indicating a growth of approximately 10.1%[19] - Cash outflow for purchasing goods and services increased significantly to CNY 1,400,261,318.18 from CNY 870,845,764.58, marking a rise of about 60.5%[19] - The ending balance of cash and cash equivalents decreased to CNY 2,086,773,527.14 from CNY 1,787,195,718.66, reflecting a decline of approximately 11.2%[19] Assets and Liabilities - Total assets decreased by 3.05% to ¥9,737,335,471.27 from ¥10,043,362,713.92 at the end of the previous year[5] - Current liabilities decreased significantly from ¥6,155,678,489.89 to ¥4,665,190,908.87, a drop of approximately 24.2%[14] - Cash and cash equivalents at the end of the period were ¥2,086,773,527.14, down from ¥2,368,426,257.58, a decrease of about 11.9%[12] - Accounts receivable increased to ¥1,615,621,795.54 from ¥1,444,947,149.59, showing a growth of approximately 11.8%[13] - Inventory rose to ¥1,738,283,500.90 from ¥1,630,276,247.61, an increase of about 6.6%[13] Shareholder Equity and Capital - The equity attributable to shareholders increased by 34.99% to ¥4,503,575,273.67 from ¥3,336,198,312.09 at the end of the previous year[5] - The company's equity attributable to shareholders increased to ¥4,503,575,273.67 from ¥3,336,198,312.09, a growth of approximately 35%[14] - The company reported a significant increase in capital reserve from ¥1,279,947,047.09 to ¥2,287,949,523.20, reflecting a growth of about 78.7%[14] Financing and Investment Activities - The company received government subsidies amounting to ¥18,696,017.40 during the reporting period[6] - The company redeemed bank wealth management products, resulting in a 100% decrease in trading financial assets[7] - Short-term borrowings were reduced by 76.69% to ¥346,388,655.84 from ¥1,486,004,143.47 due to repayment using self-owned funds[7] - The company raised CNY 1,111,526,062.92 from financing activities, a substantial increase compared to CNY 110,500,000.00 in the prior period[19] - Investment activities generated a net cash inflow of CNY 325,234,647.94, a turnaround from a net outflow of CNY -11,755,829.95 in the previous period[19] Market Focus and Challenges - The company plans to continue focusing on the electric motor market, which has seen a decline in price levels and rising material costs, impacting gross margins[7] - Total operating costs increased to ¥1,094,332,863.21 from ¥1,054,366,689.85, reflecting a rise of about 3.6%[16]