元成股份(603388) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was ¥36,011,457.28, representing a 25.34% increase compared to ¥28,731,635.26 in the same period last year[5] - The net profit attributable to shareholders was -¥25,322,612.11, a decline of 12.76% from -¥22,457,883.70 year-on-year[5] - The basic and diluted earnings per share were both -¥0.08, a decrease of 14.29% compared to -¥0.07 in the same period last year[5] - Net loss for Q1 2025 was ¥26,125,359.39, compared to a net loss of ¥25,602,665.77 in Q1 2024, indicating a slight deterioration in performance[21] - The company's total equity decreased to ¥882,720,553.48 in Q1 2025 from ¥908,845,912.87 in Q1 2024[17] - The company reported a credit impairment loss of CNY 5,330.61 million in Q1 2025, compared to CNY 4,826.54 million in Q1 2024, highlighting ongoing challenges in asset quality[31] - The total comprehensive income for the first quarter of 2025 was a loss of CNY 22,748.84 million, compared to a loss of CNY 14,489.52 million in the same quarter of the previous year[31] Cash Flow - The net cash flow from operating activities was ¥5,362,078.96, a significant improvement from -¥54,273,722.18 in the previous year[5] - Cash generated from operating activities in Q1 2025 was ¥48,619,853.56, an increase from ¥35,533,314.58 in Q1 2024, representing a growth of 36.8%[23] - The net cash flow from financing activities was negative at CNY -2,474,226.03 for the first quarter of 2025, compared to a positive cash flow of CNY 41,648,490.46 in the first quarter of 2024[25] - The company received CNY 1,995.59 million in cash related to operating activities in Q1 2025, down from CNY 10,781.89 million in Q1 2024, indicating a decline in operational cash generation[32] - The company did not report any cash inflow from investment activities in Q1 2025, contrasting with CNY 42,035.07 million in cash inflow from investment activities in Q1 2024[32] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,391,901,888.56, a slight decrease of 0.56% from ¥2,405,306,578.91 at the end of the previous year[6] - The total liabilities of the company as of March 31, 2025, were CNY 1,634,101,312.71, compared to CNY 1,618,400,149.08 at the end of 2024, showing a slight increase[29] - Total liabilities increased to ¥1,509,181,335.08 in Q1 2025 from ¥1,496,460,666.04 in Q1 2024[17] - Non-current liabilities decreased to ¥111,670,077.38 in Q1 2025 from ¥144,347,437.77 in Q1 2024[17] - The company's total assets as of March 31, 2025, were CNY 2,543,119,247.51, down from CNY 2,550,166,923.33 at the end of 2024[28] Shareholder Information - The total number of common shareholders at the end of the reporting period was 10,524[10] - The top shareholder, Zhu Changren, holds 51,875,520 shares, representing 15.93% of the total shares[11] - Hangzhou Beijia Investment Co., Ltd. holds 22,957,000 shares, accounting for 7.05% of the total shares[11] Operating Costs and Expenses - Total operating costs for Q1 2025 were ¥58,636,134.14, up from ¥50,808,194.40 in Q1 2024, reflecting a 15.5% increase[19] - Financial expenses increased significantly to CNY 12,527,357.95 in the first quarter of 2025, compared to CNY 7,665,568.79 in the same period of 2024, representing an increase of about 63%[30] - Research and development expenses for the first quarter of 2025 were CNY 1,053,571.31, down from CNY 1,726,522.34 in the first quarter of 2024, reflecting a decrease of approximately 39%[30] - The company's long-term equity investments are valued at 24,368,717.14 RMB, slightly down from 24,442,035.55 RMB[15] - The goodwill remains stable at 70,643,255.49 RMB[15] Other Financial Metrics - The weighted average return on net assets was -3.03%, a decrease of 1.06 percentage points from -1.97% in the previous year[6] - The company reported non-recurring gains and losses totaling ¥1,202,938.77 for the period[8] - The cash flow from financing activities was -¥247,000, a decrease of 105.94% compared to ¥4,165,000 in the same period last year[8] - The total cash and cash equivalents at the end of the first quarter of 2025 stood at CNY 8,357,258.20, compared to CNY 36,133,065.74 at the end of the first quarter of 2024, indicating a decrease of approximately 76.8%[25] - The cash and cash equivalents at the end of Q1 2025 amounted to CNY 4,211.57 million, compared to CNY 32,954.24 million at the end of Q1 2024, indicating a decrease in liquidity[33]