云南锗业(002428) - 2025 Q1 - 季度财报

Revenue and Profitability - The company's revenue for Q1 2025 reached ¥240,098,237.36, an increase of 83.78% compared to ¥130,646,765.98 in the same period last year[5] - Net profit attributable to shareholders was ¥10,199,386.70, a significant turnaround from a loss of ¥11,495,332.48 in the previous year, representing a growth of 188.73%[5] - The net profit after deducting non-recurring gains and losses was ¥7,142,366.89, up 147.51% from a loss of ¥15,033,041.08 in the same period last year[5] - The net profit for the current period was not explicitly stated, but the increase in operating revenue suggests a positive trend in profitability[33] - The company reported a net profit of ¥10,455,442.05, compared to a net loss of ¥11,368,013.91 in the previous period, indicating a significant turnaround in profitability[34] - Operating profit was ¥12,417,079.22, while the previous period showed an operating loss of ¥11,383,178.92, reflecting a strong operational performance[34] - The basic and diluted earnings per share were both ¥0.016, a recovery from a loss of ¥0.018 per share in the previous period[34] Assets and Liabilities - The company's total assets increased by 10.24% to ¥3,502,762,858.93 from ¥3,177,410,099.96 at the end of the previous year[11] - The total liabilities rose by 18.65% to ¥1,980,264,082.99, up from ¥1,668,966,416.80 at the end of the previous year[11] - Cash and cash equivalents increased to ¥658,169,938.40 from ¥519,725,673.31, reflecting a growth of approximately 26.7%[30] - Inventory levels rose to ¥809,227,750.62 from ¥691,358,719.71, indicating an increase of about 17.0%[30] - Short-term borrowings increased significantly to ¥534,519,836.11 from ¥309,842,530.99, representing an increase of approximately 72.6%[31] - Non-current liabilities rose to ¥1,044,738,018.02 from ¥821,330,699.20, indicating an increase of approximately 27.3%[31] - The company's total equity increased to ¥1,522,498,775.94 from ¥1,508,443,683.16, reflecting a growth of about 0.9%[32] Operating Costs and Expenses - Operating costs increased by 60.15% to ¥179,551,769.70, compared to ¥112,115,671.90 in the same period last year[12] - Total operating costs for the current period were ¥232,163,126.67, compared to ¥155,255,737.28 in the previous period, indicating an increase of about 49.6%[33] - The company incurred total operating expenses of ¥305,826,710.66, which increased from ¥292,230,657.28 in the previous period, reflecting rising costs[35] - R&D expenses increased by 60.33% year-on-year, totaling ¥16,511,461.42, primarily due to ongoing projects in compound semiconductor materials and photovoltaic-grade germanium products[18] - Financial expenses rose by 85.65% year-on-year to ¥13,681,486.21, mainly due to the amortization of financial liabilities related to the repurchase obligation of minority interests[19] - Credit impairment losses increased by 164.08% year-on-year, amounting to -¥2,974,697.55, attributed to higher provisions for bad debts on accounts receivable[19] - Income tax expenses surged by 2621.02% year-on-year to ¥1,962,796.26, driven by an increase in total profit[20] Cash Flow - Cash flow from operating activities was negative at -¥98,906,540.48, worsening by 66.04% compared to -¥59,569,115.40 in the previous year[5] - Operating cash inflows decreased by 11.06% year-on-year to ¥206,920,170.18, mainly due to cash received from sales being lower than the previous year[22] - Operating cash outflows increased by 4.65% year-on-year to ¥305,826,710.66, primarily due to higher raw material purchases and performance-related payments to employees[22] - Net cash flow from operating activities declined by 66.04% year-on-year to -¥98,906,540.48, reflecting reduced cash receipts from sales[22] - Cash inflows from financing activities rose by 80.99% year-on-year to ¥452,262,750.00, mainly due to increased investments from new shareholders and bank loans[22] - The company raised ¥452,000,000.00 through borrowings, compared to ¥248,383,857.47 in the previous period, indicating increased financing activities[36] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 106,815, with the top ten shareholders holding significant stakes[26] - The largest shareholder, Lincang Feixiang Smelting Co., Ltd., holds 13.72% of shares, amounting to 89,579,232 shares, with 41,500,000 shares pledged[26] Future Outlook - The company plans to continue expanding its product offerings and market presence, focusing on new technologies and potential acquisitions[9] - The company did not report any significant new product launches or market expansions during this period[37]