九州一轨(688485) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥26,058,377.85, a decrease of 44.47% compared to ¥46,924,218.52 in the same period last year[4] - The net profit attributable to shareholders was -¥6,024,851.04, showing a slight improvement from -¥6,683,969.36 year-on-year[4] - The net cash flow from operating activities was -¥17,171,163.26, an improvement from -¥54,930,139.07 in the same period last year[4] - Total revenue for Q1 2025 was CNY 26,058,377.85, a decrease of 44.5% compared to CNY 46,924,218.52 in Q1 2024[21] - Net loss for Q1 2025 was CNY 6,771,566.28, slightly improved from a net loss of CNY 6,855,937.00 in Q1 2024[22] Research and Development - Research and development expenses totaled ¥5,904,597.33, representing 22.66% of operating revenue, an increase of 10.96 percentage points from 11.70% in the previous year[5] - Research and development expenses for Q1 2025 were CNY 5,904,597.33, up from CNY 5,491,359.92 in Q1 2024, indicating a focus on innovation[22] - The company has maintained its focus on research and development, with ongoing investments in new technologies and products[14] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,442,238,104.44, a decrease of 1.80% from ¥1,468,648,520.15 at the end of the previous year[5] - The company's cash and cash equivalents stood at ¥464.64 million, down from ¥663.54 million, indicating a significant decrease of approximately 30%[15] - Total liabilities as of the latest report were CNY 163,994,970.77, a decrease from CNY 183,633,820.20 in the previous period[18] - Total equity attributable to shareholders was CNY 1,266,847,343.23, slightly down from CNY 1,272,872,194.27[18] Cash Flow - The total cash flow from operating activities increased significantly, indicating improved liquidity and operational efficiency[25] - The ending cash and cash equivalents balance was $458,835,952.97, compared to$390,183,134.54 in the prior period[27] - The company experienced a net decrease in cash and cash equivalents of -$199,154,946.58, compared to -$359,006,802.13 previously[27] Operational Challenges - The decrease in operating revenue was primarily due to reduced project completion rates affecting construction progress[8] - The company has not disclosed any new product developments or market expansion strategies in this report[11] - The company has not reported any significant changes in its shareholder structure or any related party transactions during the reporting period[13] - The company has not engaged in any mergers or acquisitions during the reporting period, focusing instead on organic growth strategies[14] - The company has provided no specific guidance for future performance or market expansion plans at this time[14] Cost Management - Total operating costs for Q1 2025 were CNY 37,946,529.92, down 32.3% from CNY 55,955,937.55 in Q1 2024[21] - The company reported a decrease in sales expenses to CNY 3,754,300.69 from CNY 7,516,399.41 in the previous year, reflecting cost-cutting measures[21] - The company's financial expenses improved, showing a net income of CNY -1,541,273.39 compared to CNY -2,039,803.36 in Q1 2024[22]