NNCC(600435)2025-04-24 12:25Financial Performance - The company's operating revenue for Q1 2025 was CNY 351,743,656.91, representing a 347.47% increase compared to CNY 78,607,017.52 in the same period last year[3]. - The net profit attributable to shareholders was a loss of CNY 16,758,418.57, an improvement from a loss of CNY 49,758,243.03 year-over-year[3]. - The basic and diluted earnings per share were both -0.0111 CNY, improving from -0.0332 CNY in the same period last year[3]. - Total operating revenue for Q1 2025 reached ¥351.74 million, a significant increase from ¥78.61 million in Q1 2024, representing a growth of 348.5%[16]. - Net loss for Q1 2025 was ¥24.34 million, an improvement from a net loss of ¥58.72 million in Q1 2024, reflecting a reduction of 58.5%[17]. - Total comprehensive loss for Q1 2025 was ¥24.34 million, an improvement from a comprehensive loss of ¥58.91 million in Q1 2024[17]. Cash Flow and Liquidity - The net cash flow from operating activities was a negative CNY 378,680,630.33, compared to a negative CNY 702,604,018.36 in the previous year[3]. - Cash flow from operating activities showed a net outflow of ¥378.68 million in Q1 2025, an improvement from a net outflow of ¥702.60 million in Q1 2024[20]. - Cash and cash equivalents at the end of Q1 2025 were ¥461.70 million, compared to ¥350.98 million at the end of Q1 2024, indicating an increase of 31.5%[21]. - The company's cash and cash equivalents were reported at RMB 994,441,977.46, a significant decrease from RMB 1,370,864,099.87, representing a decline of approximately 27.4%[11]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,336,385,155.13, down 5.56% from CNY 7,768,118,163.77 at the end of the previous year[4]. - The company's current assets totaled RMB 6,207,401,189.79, down from RMB 6,610,982,632.46, indicating a decrease of about 6.09%[11]. - The total liabilities of the company were RMB 3,813,891,166.68, down from RMB 4,243,938,509.50, indicating a reduction of about 10.14%[13]. - The company's equity attributable to shareholders was RMB 2,774,859,506.62, a slight increase from RMB 2,769,527,349.03, reflecting a growth of approximately 0.19%[13]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 81,680[8]. - The largest shareholder, North Navigation Technology Group Co., Ltd., holds 339,388,862 shares, accounting for 22.50% of the total shares[8]. Operational Highlights - The company reported a significant increase in product deliveries, contributing to the rise in operating revenue[6]. - Research and development expenses rose to ¥67.77 million in Q1 2025, up from ¥44.23 million in Q1 2024, marking an increase of 53.3%[16].