沪电股份(002463) - 2025 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2025 reached ¥4,037,627,327, representing a 56.25% increase compared to ¥2,584,035,431 in the same period last year[4] - Net profit attributable to shareholders was ¥762,465,400, up 48.11% from ¥514,812,001 year-on-year[4] - Basic earnings per share rose to ¥0.3969, a 47.33% increase from ¥0.2694 in the previous year[4] - Operating profit increased to ¥890,940,631, representing a growth of 50.4% from ¥593,219,692 year-over-year[18] - The company reported a total comprehensive income of ¥689,714,125, up from ¥489,845,144, reflecting a growth of 40.7%[18] Cash Flow - The net cash flow from operating activities increased by 59.25% to ¥1,421,099,718, compared to ¥892,366,793 in Q1 2024[4] - Cash flow from operating activities generated a net amount of ¥1,421,099,718, compared to ¥892,366,793 in the previous period, marking a 59.1% increase[19] - Cash and cash equivalents rose significantly to CNY 3,232,855,317 from CNY 1,542,702,624, an increase of about 109.5%[16] - Cash and cash equivalents at the end of the period totaled ¥3,228,282,729, down from ¥3,808,177,761, a decrease of 15.2%[19] Assets and Liabilities - Total assets at the end of Q1 2025 were ¥23,022,977,825, an 8.70% increase from ¥21,179,935,675 at the end of the previous year[4] - The company's total equity reached CNY 12,712,286,309, up from CNY 11,901,426,159, indicating an increase of about 6.8%[16] - Total liabilities increased to CNY 10,310,691,516 from CNY 9,278,509,516, reflecting a growth of approximately 11.1%[16] - The company’s total liabilities increased by 75.17% in short-term borrowings, reaching ¥2,898,313,852 compared to ¥1,654,527,546 at the end of the previous year[8] - Short-term borrowings surged to CNY 2,898,313,852 from CNY 1,654,527,546, marking an increase of approximately 75.1%[16] Research and Development - The company reported a 15.08% increase in R&D expenses, totaling ¥212,774,439, compared to ¥184,885,738 in Q1 2024[10] - Research and development expenses rose to ¥212,774,439, an increase of 15.1% from ¥184,885,738 in the previous period, indicating a continued focus on innovation[18] Shareholder Information - The number of common shareholders at the end of the reporting period was 214,177[14] - The largest shareholder, BIGGERING(BVI) HOLDINGS CO., LTD., holds 19.34% of shares, totaling 371,799,937 shares[14] - The company had 567 participants exercising stock options, totaling 9,639,440 shares in the first exercise period[15] Other Financial Metrics - The weighted average return on equity improved to 6.22%, up from 5.12% in the previous year[4] - The total amount of accounts receivable decreased slightly to CNY 3,993,791,773 from CNY 4,043,412,696, a decline of about 1.2%[16] - The company’s financial expenses improved, with a net financial cost of -¥31,358,196 compared to -¥82,149,165 in the previous period, indicating better financial management[18] Future Outlook - The company plans to implement new accounting standards starting in 2025, which may impact future financial reporting[20] - The first quarter report for 2025 will be unaudited, indicating a potential change in financial oversight for that period[21] Investment Activities - The net cash flow from investing activities showed a significant decline of 1,414.45%, amounting to -¥549,616,756 due to increased capital expenditures[12] Inventory - Inventory levels increased to CNY 2,798,877,418 from CNY 2,436,102,152, a rise of about 14.9%[16]